Jungjingong Revamps Policy Fund Application Process... Expanding Accessibility for SMEs
Switch from First-Come, First-Served to Complete Registration Method
The Small and Medium Business Corporation (Chairman Kim Hak-do, hereinafter referred to as SBC) announced on the 16th that it will completely revamp the policy fund application method to improve convenience for small and medium-sized enterprises (SMEs) and venture companies.
Until now, SBC has operated the policy fund application and reception process for SMEs and venture companies on a first-come, first-served basis. In some regions, early closures occurred, causing difficulties for companies trying to apply.
To improve this, starting from the 20th, all companies wishing to apply during the monthly reception period will be able to apply for policy funds online through a full reception system. In particular, priority support will be given to SMEs and venture companies with growth potential in areas such as innovative growth, job creation, and exports.
Employees at the dedicated call center for Jungjin-gong policy funds are guiding the online application process for policy funds.
View original imageDigital technologies will also be expanded to facilitate convenient applications for SMEs and venture companies. By introducing automatic information collection technology, corporate information databases, and artificial intelligence (AI) evaluation methods, document submission has been simplified and the application process has become more convenient. For digitally disadvantaged individuals, the dedicated policy fund call center will provide remote support during the application process.
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Kim Hak-do, Chairman of SBC, said, "Through this revamp of the application and reception method, the entire process from policy fund application to loan has become non-face-to-face and digitalized. We will continue to build an environment where SMEs and venture companies can conveniently access support policies through improvements in business processes such as policy funds."
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