Public Contest for Cultural, Sports, Tourism Social Economy Enterprises

Selection Criteria Are Social, Economic, Innovation Achievements and Sustainability

On the 2nd, the Ministry of Culture, Sports and Tourism announced that it is seeking social economy enterprises that realize social value based on innovative management models in the fields of culture, sports, and tourism. The contest will be held until the 31st, aiming to provide long-term growth momentum for the selected enterprises. The selection criteria include social, economic, and innovation performance as well as sustainability. Ten companies will be chosen through a first-round document screening and a second-round presentation evaluation. Selected companies will receive the Minister of Culture, Sports and Tourism Award and prize money ranging from 500,000 to 5,000,000 KRW. Additionally, opportunities to promote their products and services through media such as KTV and social networking services will be provided. They will also have the chance to present and share best practices at the 1st Culture, Sports and Tourism-type Social Economy Workshop held in May. For detailed information on eligibility and application methods, please refer to the Ministry of Culture, Sports and Tourism or the Korea Social Enterprise Promotion Agency websites.

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