Incheon City Strengthens Market Access Support for Social Economy Enterprises... Integrated Platform Reopens in July

Incheon City Hall

[Asia Economy Reporter Park Hyesook] Incheon City announced on the 6th that it will expand the scale of the social economy this year and strengthen support for market access of social economy enterprises within the region to enable them to transition to a mature stage.

First, with an investment of 100 million KRW, the functions of the integrated social economy platform 'Incheon Eum 36.5+ (www.eum365.com)' will be improved and it is scheduled to reopen in July this year.

Social economy enterprises will be able to receive customized consulting from the product planning stage to promotion on the new platform, enhancing their ability to respond to market demand and utilize various online distribution channels.

General consumers will also be able to easily purchase products from Incheon social economy enterprises through Incheon Eum 36.5+.

The city plans to expand the scale of priority purchases by public institutions from 35.5 billion KRW last year to 37 billion KRW this year by strengthening connections with public institutions and spreading a culture of prioritizing purchases of social economy enterprise products.

Additionally, by entering new distribution channels such as Homeplus and post offices, the city plans to strengthen sales networks and support the expansion of social enterprise sales.

The number of social enterprises in Incheon has been gradually increasing recently, rising 21% from 241 in 2020 to 291 last year.

An official from Incheon City stated, "We will focus on strengthening the market access capabilities of social economy enterprises and expanding the social value consumption market to achieve both quantitative and qualitative growth of Incheon’s social economy," and added, "We ask for citizens' interest and participation to enhance the sustainability of social economy enterprises."

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