MainBiz Association Holds Policy Meeting for Daejeon and Chungcheong Regions

[Asia Economy Reporter Choi Dong-hyun] The Korea Management Innovation Small and Medium Business Association (MainBiz Association) announced on the 20th that it held the 'MainBiz Companies Daejeon·Chungcheong Regional Policy Meeting for SME Regulatory Innovation' in Yuseong-gu, Daejeon.

This meeting was part of the 'SME Regulatory Difficulty Discovery and Improvement Support Project' conducted together with the SME Ombudsman. It was organized to listen to the opinions of MainBiz company representatives on major SME issues and to identify various regulatory difficulties and tasks for improvement.

About 20 people attended the meeting, including Choi Chang-seok, Director of the Management Innovation Research Institute of the association, Jo In-gu, President of the Daejeon·Sejong·Chungnam Federation, Seo Hyuk-nam, Senior Expert of the SME Ombudsman Support Group, and representatives of MainBiz companies. They discussed vivid regulatory difficulties and improvement plans from the management field regarding major SME issues such as ▲introduction of special guarantees for raw material purchases ▲the need to extend financial support after COVID-19 ▲exceptional application of guarantee repayment for innovation-leading companies ▲expansion of factoring without repayment claims.

Director Choi Chang-seok said, “SMEs are facing more difficulties than ever due to various regulations and COVID-19,” and added, “As the new government shows a strong will for regulatory reform, we plan to actively propose to the government to resolve the difficulties discussed at this meeting.”

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