Jinju City and Jinju Chamber of Commerce Hold New Year Meeting on SME Support Policies

Funding Support for Small and Medium Enterprises and Small Business Owners in 9 Project Areas

New Year Meeting on Support Policies for Small and Medium Enterprises

[Asia Economy Yeongnam Reporting Headquarters Reporter Choi Soon-kyung] On the 25th, Joo Kyu-il, mayor of Jinju City, held the first meeting of the year with about 10 executives of the Jinju Chamber of Commerce and Industry in the city hall cultural lecture room to devise measures to revitalize the stagnant local economy.

Prior to this meeting, Jinju City provided guidance on this year's small and medium-sized enterprise (SME) support policies, including support details and application methods for 42 projects across 9 business sectors such as funding support for SMEs and small business owners.

The executives of the Jinju Chamber of Commerce and Industry who attended the meeting exchanged various opinions on current issues related to the economy and the region, as well as difficulties faced in business operations.

In particular, they expressed difficulties regarding regulatory relaxation due to the gap between corporate vision and reality, and manpower supply issues caused by the prolonged COVID-19 pandemic.

Mayor Joo said, “Despite many management difficulties such as labor shortages, rising labor costs, increased raw material prices, and uncertain economic conditions due to the prolonged COVID-19 pandemic, I deeply appreciate the hard work, perseverance, and courage of our businesspeople who have stood together against COVID-19 over the past two years. Let us firmly hold the axis of our local economy in 2022 and make it a year of vigorous leap forward with the energy of a tiger.”

Lee Young-chun, chairman of the Jinju Chamber of Commerce and Industry, said, “Thank you for working together to resolve last year's LH incident, and especially for opening communication channels with businesses through measures such as increasing the limit on SME development funds and implementing a dedicated public official system to resolve business difficulties. Businesspeople will also do their best for a new heyday of Jinju based on entrepreneurial spirit that communicates and shares with the region while faithfully focusing on their main work.”

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