Jungjingong Provides 50 Billion KRW in Policy Funds to SMEs Collaborating on Nuclear Power Projects
Linkage of Diagnosis, Training, and Structural Innovation
[Asia Economy Reporter Kim Cheol-hyun] The Small and Medium Business Corporation (Chairman Kim Hak-do, hereinafter referred to as SBC) announced on the 25th that the comprehensive support plan for small and medium enterprises (SMEs) cooperating in nuclear power plants is showing tangible results. As a follow-up measure to the Ministry of SMEs and Startups' 'Support Plan for Nuclear Power SMEs,' SBC is providing comprehensive support including policy fund loans worth 50 billion KRW for nuclear power SMEs, along with business diagnosis, training, and structural innovation.
Specifically, SBC is supporting 30 billion KRW in emergency management stabilization funds to resolve management difficulties of nuclear power cooperating companies, and 20 billion KRW in new growth foundation funds necessary for facility investment and securing new growth engines. In particular, dedicated personnel have been assigned at 33 regional headquarters and branches nationwide, and exclusive consultation desks have been operated to enable convenient policy fund applications. Additionally, by utilizing the Ambulance Man system, an on-site emergency support expert, and the Fast Track evaluation model, a rapid support system has been established, and the requirements for emergency management stabilization funds have been relaxed so that companies can apply even if they do not meet conditions such as sales decline.
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Furthermore, to support structural innovation, SBC provides management improvement plan establishment, diagnosis, and consulting for companies whose profitability and management environment have deteriorated due to decreased orders, and operates customized specialized training programs through its training center. Chairman Kim Hak-do stated, "SBC is fully committed to supporting government policies to revitalize the nuclear power industry and promptly restore the nuclear power ecosystem," adding, "We will actively strive to provide practical assistance to nuclear power cooperating SMEs through swift support."
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