Gyeongnam Small and Medium Business Administration Awards Designation Certificates to Global Small Giants in Gyeongnam Region

1000+ Project Targeting 60 Companies

The Gyeongnam Regional Small and Medium Venture Business Administration of the Ministry of SMEs and Startups held a certificate awarding ceremony on the 27th for 60 companies selected as part of the 1000＋ Project for Global Small Giants in the Gyeongnam region.

The Gyeongnam Regional Small and Medium Venture Business Administration held a certificate awarding ceremony for 60 companies selected as part of the 1000+ Project, designated as global strong small and medium enterprises.

The ‘Global Small Giants 1000＋ Project Designation System’ is a newly introduced system this year that integrates the previously separate designation systems of Global Small Giants, Promising Export SMEs, and Export Dream Companies into one.

The Global Small Giants 1000＋ Project is composed of four tracks based on the company’s export scale: Small Giant＋ (export amount of 10 million USD or more in the previous year), Small Giant (export amount of 5 million USD or more in the previous year), Growth (export amount between 1 million and less than 5 million USD in the previous year), and Promising (export amount between 100,000 and less than 1 million USD in the previous year). In Gyeongnam, 60 companies were selected out of 1,032 nationwide applicants.

The Global Small Giants 1000＋ Project designated this year is valid until the end of next year and grants priority selection benefits for export voucher projects such as overseas exhibitions, international transportation, design development, and promotional videos.

Companies can receive preferential benefits from 21 institutions including export support organizations and financial institutions, including the Ministry of SMEs and Startups. In particular, companies in the Small Giant stage will receive additional support through Gyeongsangnam-do’s regional autonomous project support and a dedicated track for technology development (R&D).

Commissioner Choi Yeol-su stated, “We will spare no effort to support corporate growth through collaboration with the government, local governments, and related organizations so that small and medium enterprises in the Gyeongnam region can serve as a model for globalization. Companies should diligently pursue globalization strategies and do their best to become the central axis of the regional economy.”

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