Gyeonggi-do Job Foundation Rolls Up Sleeves to Foster Specialized Field Cooperatives

[Asia Economy (Bucheon) = Reporter Lee Young-gyu] The Gyeonggi-do Job Foundation is set to foster specialized cooperative sectors.

The Gyeonggi-do Social Economy Center of the Gyeonggi-do Job Foundation announced on the 18th that it will select and support specialized cooperative sectors in response to social environmental changes after COVID-19 through the 'Specialized Cooperative Sector Development Project,' and is recruiting four participating companies until the 2nd of next month.

The recruitment fields include eco-friendly, employment, science and technology, and social services. Selected companies will receive support for ▲business strategy establishment ▲development (improvement) of goods, services, and technology ▲production and quality enhancement.

To scale and expand the project, selected cooperatives will also be provided with up to 15 million KRW in project funds. Additionally, they will receive benefits such as portfolio creation through expert coaching to expand sales channels, secure financial resources, and detailed professional consulting.

Eligibility for application includes (social) cooperatives established for more than three years as of the announcement date under the Basic Cooperative Act within the province, or a consortium composed of cooperative federations or 2 to 3 cooperatives.

Applications must be submitted via email (giban@gjf.or.kr) by 10 a.m. on the 2nd of next month, and confirmation of receipt should be made by contacting the Capacity Building Department of the Gyeonggi-do Job Foundation at 032-668-8542.

For more details, inquiries can be made to the Capacity Building Department of the Gyeonggi-do Social Economy Center or checked through the Gyeonggi-do Job Foundation website (gjf.or.kr).

Meanwhile, as of March last year, there are over 4,000 cooperatives in the province. However, fewer than 2,000 of these are actively operating, making the establishment of related policies such as funding procurement urgently necessary.

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