Applications Open Until March 25 for 'First Half-Year Women and Family-Oriented Preliminary Social Enterprises'

31 Companies Newly Designated Last Year

[Asia Economy Reporter Han Jinju] The Ministry of Gender Equality and Family will accept applications for the designation of '2022 First Half Women and Family Type Preliminary Social Enterprises' from the 28th of this month until May 25th.

Since 2012, the Ministry has designated companies with potential to develop into social enterprises in the fields of women, family, and youth as 'Women and Family Type Preliminary Social Enterprises,' focusing on ▲ employment and entrepreneurship for career-interrupted women ▲ support for youth independence ▲ strengthening women's safety and crime prevention ▲ support for multicultural family settlement and expansion of social participation of marriage immigrant women.

In 2021, 31 companies were designated as 'Women and Family Type Preliminary Social Enterprises.' From 2012 to 2021, a total of 150 companies were designated as Women and Family Type Preliminary Social Enterprises, among which 29 companies have grown into social enterprises.

To be designated as a Women and Family Type Preliminary Social Enterprise, a company must primarily conduct business activities aimed at realizing social objectives in the fields of women, family, and youth. It must meet the organizational form requirements according to Article 8 of the Social Enterprise Promotion Act. Detailed information can be found in the announcement posted on the Ministry of Gender Equality and Family website.

Once designated as a Women and Family Type Preliminary Social Enterprise, companies become eligible to apply for various social economy supports such as worker wage subsidies and market access support. They can also receive additional support including company diagnosis, certification transition support, and customized consulting.

The results of the designation for Women and Family Type Preliminary Social Enterprises will be announced in May after on-site inspections and evaluations.

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