Geumcheon-gu Extends Application Period for 'Business Stability Support Fund' for Small Tenant Entrepreneurs

100,000 KRW Provided to Tenant Small Business Owners with Annual Sales Under 200 Million KRW

Applications Accepted Until May 31, Apply Online via Geumcheon-gu Office Website or In-Person on the 12th Floor of the District Office

Geumcheon-gu (District Mayor Yu Seong-hoon) is extending the business stability support fund program for small business owners until May 31.

Since April 10, Geumcheon-gu has been implementing a program to provide 100,000 KRW in business stability support funds to small business owners. Although the program was initially scheduled to run until May 19, the application period has been extended for small business owners who were unable to apply within the original timeframe.

The support targets small business owners who registered their business in Geumcheon-gu before December 31, 2022, currently operate their business at a leased location, and have annual sales under 200 million KRW.

▲ Businesses that are closed or suspended, entertainment facilities, and other loan-restricted industries ▲ Non-store businesses are not eligible for support.

Applications can be submitted online through the Geumcheon-gu Office website, and small business owners who have difficulty applying online can visit the on-site application desk on the 12th floor of the district office to apply in person.

Detailed information about the business stability support program for small business owners is available in the ‘Notices & Announcements’ section on the Geumcheon-gu Office website.

Yu Seong-hoon, Mayor of Geumcheon-gu, said, “We have extended the application period so that more small business owners can benefit,” adding, “With high interest rates, high prices, high exchange rates, and increases in various public utility fees, we hope this support will provide some relief to small business owners facing greater difficulties.”

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