Creating 'Star Small Business Owners'! ... Busan City Promotes 'Small Business Owner Discovery and Support Project'

Busan City Hall.

[Asia Economy Yeongnam Reporting Headquarters Reporter Hwang Du-yeol] Busan City, together with the Busan Economic Promotion Agency, is launching an initiative to discover leading small business owners in the region.

The city will recruit small business owners to participate in the '2022 Busan Star Small Business Owner Discovery and Support Project' from May 30 to June 15.

The Star Small Business Owner Discovery and Support Project selects 10 small business owners with growth potential to nurture them as representative leading models of small businesses in Busan and comprehensively supports them to leap forward as star companies in the future.

This project is being implemented for the first time this year as part of the 'Small Business Industrialization Strategy' discussed at the 22nd Emergency Economic Measures Meeting last year. It aims to build a strong small business brand representing Busan through systematic support tailored to the scale and growth stage of excellent small business owners in the Busan area.

The support target is small business owners who have been operating for more than one year and are located in Busan.

Applications can be submitted online through the Busan Small Business Comprehensive Support Center website from May 30 until 6 p.m. on June 15.

The city plans to select a total of 10 companies through a first-round document screening, second-round on-site evaluation, and third-round presentation screening.

Selected companies will receive benefits such as ▲ Star Small Business Owner certification ▲ Growth support funds up to 25 million KRW usable for brand development, facility equipment, and market expansion ▲ Growth strategy consulting by field-specific experts ▲ Joint marketing support.

For more details, inquiries can be made to the Busan Economic Promotion Agency.

Kim Hyo-kyung, Busan City’s Civil Livelihood and Labor Policy Officer, said, “We plan to provide continuous annual support so that small business owners in Busan with growth potential can become star small business owners representing the nation,” adding, “We look forward to many applications from capable and creative small business owners.”

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