Mokpo City Selects 5 Companies for Ministry of the Interior and Safety-Type Village Enterprise Contest

Expectations for Regional Development and Revitalization of Social Economy

Mokpo City in Jeollanam-do announced on the 12th that five companies within the jurisdiction were finally selected as recipients of the 2023 Ministry of the Interior and Safety (MOIS)-type Village Enterprise Development Project promoted by the Ministry of the Interior and Safety.

The MOIS-type Village Enterprise Development Project supports village-level enterprises established by local residents to solve common regional issues through profit-making businesses utilizing various local resources. Selection is made annually through public contests, on-site inspections, eligibility reviews, and evaluations by the Ministry of the Interior and Safety.

Mokpo City Hall exterior view
[Photo by Mokpo City]

The first round (newly designated) receives 50 million KRW, the second round (re-designated) receives 30 million KRW, and the third round (advanced) receives 20 million KRW in support.

For the 2023 project, Okdani Village Enterprise and Jeollanam-do Young Artists Cooperative were selected in the first round, Romantic Harbor Cooperative in the second round, and Maninge Village Enterprise and Geonmaek1897 Cooperative in the third round.

Currently, there are a total of 11 MOIS-type village enterprises in Mokpo City and 2 Jeonnam-type preliminary village enterprises. Companies selected for the current year's project receive support for labor costs, material costs, and asset acquisition costs.

Mayor Park Hong-ryul said, “I hope that the village enterprises selected for this project will serve as an opportunity to further activate the social economy,” and added, “We will support their growth into village enterprises with corporate performance and sustainability.”

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