Jungjinkong Creates 57,000 Jobs in Small and Venture Businesses Last Year

Protecting 100,000 At-Risk and Vulnerable Jobs

[Asia Economy Reporter Kim Cheol-hyun] The Small and Medium Business Corporation (Chairman Kim Hak-do, hereinafter referred to as SBC) announced on the 31st that it created 57,000 new jobs and protected 100,000 jobs in crisis and vulnerable companies through customized policy support last year.

As a result of reviewing the job support performance for small and medium venture businesses by SBC last year, a total of 57,123 new jobs were created. Specifically, ▲direct employment creation of 4,669 people (3,895 youth and global startups, 283 new SBC employees, 491 consignment projects) ▲indirect employment contribution of 52,454 people (28,728 policy funds, 12,570 export marketing, 6,437 regional specialized models, 5,539 workforce training, 3,080 corporate workforce difficulty centers) were analyzed.

In addition, support for crisis and vulnerable companies protected a total of 101,910 jobs at 10,667 companies. It was explained that special maturity extensions and repayment deferrals were timely implemented for companies affected by COVID-19, and a proactive autonomous restructuring project was newly introduced to help early business normalization of crisis companies.

SBC actively promoted efforts not only to create and protect new jobs but also to improve the quality of jobs in small and medium venture businesses. Last year, it attracted 161,803 new subscribers to the Tomorrow Filling Deduction and designated 20,947 companies for the Future Performance Sharing System.

Chairman Kim Hak-do said, "SBC established a job status board to monitor job creation performance and built a job matching platform to strengthen the job matching function between excellent small and medium enterprises and job seekers," adding, "We will continue to provide customized support for SBC's various policy projects to help small and medium venture businesses recover employment capacity and continuously create jobs."

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