Recruitment of SMEs Participating in Carbon Neutral Transition Support Project

Carbon Reduction Consulting and Market Research Support Agencies

[Asia Economy Reporter Kim Cheol-hyun] The Ministry of SMEs and Startups (Minister Kwon Chil-seung) and the Small and Medium Business Corporation (Chairman Kim Hak-do, hereinafter referred to as SBC) announced on the 6th that they will newly introduce the 'SME Carbon Neutral Transition Support Project,' which supports facility investments necessary for carbon-neutral transition, and recruit SMEs and executing agencies to participate in the project.

The SME Carbon Neutral Transition Support Project is a one-stop package support program for voluntary reduction companies urgently needing low-carbon process transition, providing ▲detailed design support (consulting, process analysis, market research) ▲carbon reduction facility introduction, etc.

Eligibility for application is non-regulated SMEs that are not subject to carbon reduction regulations such as carbon emissions trading scheme allocated companies and target management companies. Export companies to countries considering the introduction of carbon border tax, suppliers to large companies declaring carbon neutrality, and companies operating in high carbon emission industries will be given preferential treatment such as additional points during selection.

Selected companies will be supported with consulting costs including detailed design support necessary for energy and greenhouse gas reduction up to 10 million KRW, and up to 50% of the expenses for purchasing reduction facilities with a maximum government subsidy of 300 million KRW.

The supported facilities include inverters, compressors, high-efficiency certified equipment, energy management systems, and other reduction facilities recognized through the project announcement and approval by the operating committee.

SBC will recruit companies to participate in the project from the 9th to the 24th. The budget scale for this year is 5.45 billion KRW, and about 50 companies are planned to be supported. This project is expected to serve as a catalyst leading the successful low-carbon process transition of SMEs and startups.

Additionally, SBC will open a public recruitment for executing agencies responsible for detailed design support until the 11th. Executing agencies will diagnose the current status of carbon emissions and perform consulting, market research, and measurement of carbon reduction effects for selecting appropriate carbon reduction facilities.

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