If You Apply by 6 PM, Payment Will Be Made 5 Times on the Same Day
Applications Accepted Without Odd-Even Distinction Starting from the 8th

On the 27th, when the payment of quarantine support funds began for small business owners affected by the government's COVID-19 quarantine measures, small business owners were receiving consultations at the Small Enterprise and Market Service Seoul Jungbu Center in Jongno-gu, Seoul. The payment targets are small business owners and small enterprises that opened by December 15 of this year and whose sales have decreased or are expected to decrease, with each business receiving 1 million won. Applications for the support fund can be made on the dedicated website '소상공인방역지원금.kr'. Photo by Kim Hyun-min kimhyun81@

On the 27th, when the payment of quarantine support funds began for small business owners affected by the government's COVID-19 quarantine measures, small business owners were receiving consultations at the Small Enterprise and Market Service Seoul Jungbu Center in Jongno-gu, Seoul. The payment targets are small business owners and small enterprises that opened by December 15 of this year and whose sales have decreased or are expected to decrease, with each business receiving 1 million won. Applications for the support fund can be made on the dedicated website '소상공인방역지원금.kr'. Photo by Kim Hyun-min kimhyun81@

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[Asia Economy Reporter Kim Heeyoon] On the second day of the application for the 2nd round of quarantine support funds for small business owners affected by COVID-19 prevention measures, small business owners whose business registration number ends with an 'odd' digit can apply on the 7th.


The Ministry of SMEs and Startups announced that from 9 a.m. on this day, application guidance text messages will be sent to small business owners eligible for the 2nd round of quarantine support funds whose business registration number ends with an odd digit.


The application for the 2nd round of quarantine support funds will be operated on a 'odd-even system' for two days, the 6th and 7th. On the previous day, small business owners with business registration numbers ending in even digits applied, and on this day, those with odd digits can apply. From the 8th, applications will be accepted without distinction.


Payments will be made five times a day, as in the first round. If you apply by 6 p.m., the support funds will be deposited on the same day, and applicants on the weekend and holidays, the 8th and 9th, will receive payments on Monday the 10th.


The target for the 2nd round of small business quarantine support funds is about 2.48 million people. This includes about 2.45 million people, excluding some of the recipients of the Small Business Disaster Support Fund Buttress Fund Plus and Hope Recovery Fund, and about 28,000 operators of multiple businesses managed by a single person who were excluded from the first round of payments due to operating hour restrictions.


The 2nd round recipients also include about 40,000 in the lodging industry, about 10,000 in the travel industry, and about 140,000 in the beauty and hairdressing industry, which are indirectly affected sectors due to strengthened quarantine measures.


Small business owners who receive the guidance text message can apply online at the dedicated website 'sosangonginbangyeoksupportfund.kr'. To apply, you must have a mobile phone in your name or a joint certificate for identity verification (for corporations, a corporate joint certificate is required).


Operators of multiple businesses managed by a single person can apply starting from the 10th.



Meanwhile, small business owners who have been subject to operating hour restrictions since December 18 last year and need separate confirmation from the local government are scheduled to receive the 3rd round of payments starting from the 17th.


This content was produced with the assistance of AI translation services.

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