Gwangju-Jeonnam Small and Medium Business Administration "Looking for Prestigious Long-Lasting Companies for Sustainable Growth"

[Asia Economy Honam Reporting Headquarters Reporter Park Jin-hyung] The Gwangju-Jeonnam Regional Small and Medium Venture Business Administration is recruiting prestigious long-established companies expected to achieve continuous growth across generations until May 13.

The Ministry of SMEs and Startups (MSS) has selected a total of 30 companies as prestigious long-established companies since 2017 by discovering small and medium-sized enterprises (SMEs) and mid-sized companies expected to achieve continuous growth across generations, presenting an ideal corporate image, and spreading a culture where exemplary companies fulfilling social responsibilities are respected.

Among them, one local company is Maeil Food located in Suncheon.

This year, the plan is to select the prestigious long-established companies of the year around August after company evaluations and reputation verification from May to July.

Eligible applicants are SMEs and mid-sized companies with more than 45 years of business experience, excluding construction, real estate, finance, and insurance industries. From this year, the previous sales limit criterion for mid-sized companies (less than 300 billion KRW) has been abolished, allowing applications regardless of sales volume.

Applications can be submitted directly by companies or recommended online by any citizen. SMEs should submit by mail or visit to the Korea Federation of SMEs, and mid-sized companies to the Korea Federation of Mid-sized Enterprises.

To be selected as a prestigious long-established company, there must be no corporate tax arrears, legal violations, or social controversies, and the company must score 80 points or higher by evaluating business experience, economic and social contributions, corporate capabilities, and technological innovation.

Selected companies will receive a certificate and a plaque, and can use the prestigious long-established company mark to promote their products. Additionally, they can receive benefits such as extra points when applying for MSS support projects including funding and export assistance.

The MSS plans to use various channels such as social networking services (SNS) and the media to share the growth factors and secrets of longevity of the selected companies, serving as good examples for SMEs dreaming of continuous growth while contributing to the development of our economy and society.

Detailed eligibility, application methods, and preferential conditions can be found in the prestigious long-established company recruitment announcement on the MSS website.

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