Sogongyeon and Kakao Sign Business Agreement to Support Digital Transformation for Small Business Owners

Kakao Provides 30 Billion KRW Support Over 5 Years

On the 31st, Oh Se-hee, President of the Korea Federation of Micro Enterprise, and Hong Eun-taek, CEO of Kakao, signed a "Business Agreement for the Sustainable Development and Digital Transformation Support of Micro Enterprises" at the Sogongyeon Grand Conference Room in Yeouido, Seoul.

The Korea Federation of Micro Enterprises announced on the 31st that it will promote a digital transformation project for the sustainable development of micro enterprises by partnering with Kakao to establish the ‘Micro Enterprise Digital Support Center’.

On the same day, the Korea Federation of Micro Enterprises and Kakao signed a ‘Business Agreement for the Sustainable Development and Digital Transformation Support of Micro Enterprises’ at the federation’s main conference room in Yeouido, Seoul. Kakao plans to support the federation with ‘establishing the Micro Enterprise Digital Support Center and operating educational programs,’ ‘building a social safety net for micro enterprises in case of disasters such as floods and fires,’ ‘producing promotional content such as policy videos for micro enterprises and supporting events,’ and ‘revitalizing the local economy and supporting digital transformation through KakaoTalk channels.’ To this end, Kakao will provide a total of 30 billion KRW over five years until 2028.

Once the Micro Enterprise Digital Support Center is established, micro enterprises will be able to receive various capacity-building training for digital transformation as well as services related to law, labor, and taxation for sustainable growth. A dedicated civil complaint center will operate for small micro enterprises vulnerable to the online market, and digital capacity-building education will be provided for micro enterprises lacking expertise in areas such as live commerce, digital transformation, general management, trends, and startups. Additionally, an open network space for micro enterprises will be supported, including startup idea meetings and sharing business know-how.

Oh Se-hee, president of the Korea Federation of Micro Enterprises, stated, “Through the Digital Support Center, which provides comprehensive services such as specialized education, counseling, and network space support tailored to the realities and needs of micro enterprises regarding digital transformation, we will support continuous improvement in digital adaptability and competitiveness of micro enterprises.”

Hong Eun-taek, CEO of Kakao, said, “We will support the digital transformation so that 7 million micro enterprises can strengthen their business capabilities,” adding, “We will carry out ESG (Environmental, Social, and Governance) activities that contribute to the micro enterprise business ecosystem based on the local economy in line with the digital era.”

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