Recruitment for Participation in the 2nd Phase of SME Carbon Neutral Transition Support Project

Recruitment of 20 Small and Venture Businesses

[Asia Economy Reporter Kim Cheol-hyun] The Ministry of SMEs and Startups (Minister Lee Young) and the Small and Medium Business Corporation (Chairman Kim Hak-do, hereinafter referred to as SBC) announced on the 15th that they are recruiting companies to participate in the second phase of the 'SME Carbon Neutral Transition Support' project, which supports facility investments necessary for the transition to carbon neutrality.

The SME Carbon Neutral Transition Support project provides a one-stop package of support for voluntary reduction companies urgently needing low-carbon process transition, including ▲detailed design support (consulting, process analysis, market research) and ▲carbon reduction facility introduction.

Eligibility is limited to non-regulated SMEs that are not subject to carbon emission trading scheme allocation or target management companies. Export companies in countries considering the introduction of carbon border tax, suppliers to large companies declaring carbon neutrality, and companies operating in high carbon emission industries will be given preferential treatment such as additional points during selection.

Selected companies will receive consulting costs for detailed design support necessary for energy and greenhouse gas reduction up to 10 million KRW, and government subsidies covering up to 50% of the purchase cost of reduction facilities, with a maximum support amount of 300 million KRW.

The supported facilities include inverters, compressors, high-efficiency certified equipment, energy management systems, and other reduction facilities recognized through the project announcement and approval by the operating committee.

SBC will recruit companies to participate in the project from the 16th to the 30th. The budget for the second phase of the project is 2.1 billion KRW, and it plans to support about 20 companies.

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