Jungjingong Announces 13 Excellent Policy Ideas from National Proposals

Exterior view of the Small and Medium Business Corporation. (Photo by Small and Medium Business Corporation)

The Small and Medium Business Corporation (SBC) announced on the 30th that it will hold an awards ceremony for the 13 final winning entries of the 31st Small and Medium Business Policy Idea Contest at the Seoul Youth Startup Academy.

Since 1991, SBC has been hosting the policy idea contest to gather ideas that can be reflected in SBC projects and to improve public awareness of small and medium enterprises (SMEs) and ventures. This year, the contest expanded its submission categories to include reports, videos, and webtoons to collect diverse opinions from the public. To enhance the usability of ideas, submissions that passed the first round of screening were provided with internal review feedback to refine their ideas through a 'hackathon method.'

A total of 58 ideas were submitted to this contest. SBC comprehensively selected the final winners through public online evaluations and expert reviews, awarding two Grand Prizes (3 million KRW each), four Excellence Awards (2 million KRW each), and seven Merit Awards (1 million KRW each).

The Grand Prizes were awarded to Noh Youjeong and Oh Jinsol, who proposed strengthening the global export capabilities of SMEs through a voucher project for eco-friendly package production and demand companies, and to Lee Seungbin, Lee Giwon, and Lee Jaewoong, who produced video content using an original song they wrote and composed on the theme of improving public perception of SMEs.

The Excellence Awards went to four entries: Lee Seungbin’s support plan for global expansion stages using the metaverse (extended virtual world); Yang Minseok, Kim Nayeon, and Baek Jonghyun’s proposal for a metaverse crowdfunding platform within GoBiz Town; Kim Minchae, Kim Naeun, and Park Jihyun’s SME Signal video; and Choi Hyejung and Choi Hyesun’s four-panel webtoon aimed at improving SME awareness.

The Merit Awards recognized seven entries: Kim Pureum’s plan to build the user experience-based integrated platform ‘Jungyohae’; Nam Garim, Kwon Yonghae, and Park Jungwon’s 'NON-STOP' consulting for SMEs’ overseas market entry; Lee Junseop, Im Jeyeon, and Park Junseok’s construction of the SBC export platform (KEP); Hong Seungyeon, Kim Youngbeom, and Kim Jisoo’s plan to enhance convenience and activation of the SBC chatbot; Kim Chaeun, Park Yujeong, and Lee Jihee’s improvement plan for the B2B marketplace GoBiz Korea mobile application; Moon Heonkyu, Jang Youngbae, and Jo Hyunwoo’s video service for the Corporate Workforce Difficulty Center app using digital twin technology; and ‘Neo Fya?’ by Eun Jiyoon and Lee Wonjung.

Kim Hakdo, Chairman of SBC, stated, “Despite difficult export conditions such as global economic slowdown and supply chain instability, we will actively utilize public ideas to support SMEs in strengthening their global competitiveness and growth. We will also strive to improve awareness of SMEs to resolve employment issues such as youth jobs and workforce shortages in small businesses.”

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