Namwon-si Supports Small Business Owners with Store Environment Improvement... Up to 10 Million KRW

[Namwon=Asia Economy Honam Reporting Headquarters Reporter Jeong Young-kwon] Namwon City, Jeonbuk, will continue to implement the small business owner shopping district environment improvement project this year.

Namnwon City Small Business Store Environment Improvement Project Poster
[Photo by Namwon City]

According to the city on the 30th, this project, which supports the renovation of old shopping districts into modern environments, received high praise from citizens after renovating 50 locations last year.

The city plans to increase the project volume from the original 50 locations to up to 100 locations this year depending on the application status, and the support criteria provide 50% of the total construction cost, up to a maximum of 10 million KRW.

The support targets are small business owners with fewer than five regular employees, who have been registered residents of the city for more than three years and have operated the relevant business for more than three years.

However, entertainment bars, gambling-related industries, financial businesses, and others are excluded from the support targets.

The selection of project recipients prioritizes small business owners with low sales and assets, and recipients are selected through deliberation by the Namwon City Small Business Support Committee.

Applications for the project can be submitted by submitting an application form to the administrative welfare center at the business location by the 22nd of next month.

For more details, please check the Namwon City website.

Mayor Choi Kyung-sik said, "We implemented the first project last year, and the response from shopping districts was better than expected, so we decided to continue support this year," adding, "The city will continue to clean up old shopping districts within the city and create a tourism city environment."

He added, "We will further expand projects related to small business owners so that small business owners and the local economy can grow together."

Namwon=Asia Economy Honam Reporting Headquarters Reporter Jeong Young-kwon baekok@asiae.co.kr

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