Dongdaemun-gu Begins Selection of Affordable Price Businesses for the Second Half of 2023

Recruitment of Good Price Businesses Contributing to Price Stability Until November 15... Incentives Provided Including Support for Necessary Supplies and Promotion via Old Website and SNS

Dongdaemun-gu (District Mayor Lee Pil-hyung) will recruit new Good Price Businesses for the second half of 2023 from October 18 to November 15.

'Good Price Businesses' are individual service businesses designated by local governments according to the Ministry of the Interior and Safety standards, which contribute to price stabilization by offering affordable prices and differentiated services despite difficult conditions such as economic recession. Currently, there are a total of 40 designated businesses in Dongdaemun-gu.

Eligible applicants are individual businesses located in Dongdaemun-gu that provide services closely related to everyday life, such as food service, beauty and hairdressing, laundry, and bathhouse industries. Businesses that have received administrative sanctions within the last two years, have overdue local taxes, have been operating for less than six months, or are franchise businesses are excluded.

Applications for Good Price Business designation can be made either by the business owner or through recommendations by residents. Applicants wishing to apply should prepare the required documents and either visit the Dongdaemun-gu Economic Promotion Division or submit the documents via email to the person in charge. Residents who wish to recommend businesses can do so through the 'Hidden Good Price Business Recommendation' board on the Dongdaemun-gu website.

Submitted businesses will be evaluated based on criteria such as menu composition, price, customer satisfaction, hygiene, and public interest through on-site inspections and designation reviews. The results will be individually notified to applicants by the end of November.

Businesses designated as Good Price Businesses will receive support for necessary supplies worth approximately 580,000 KRW annually per business, including garbage bags and kitchen detergents. Various incentives will be provided, such as promotion through the Dongdaemun-gu website, newsletters, and social media. They will also receive a designation certificate and a certification plaque.

Application forms and detailed information can be found in the notices section of the district website. For further inquiries, contact the Dongdaemun-gu Economic Promotion Division.

Lee Pil-hyung, Mayor of Dongdaemun-gu, stated, “In this era of high prices, we aim to discover and support Good Price Businesses that contribute to price stabilization by offering affordable prices. We introduce businesses that provide residents with affordable and high-quality services and offer various benefits to local merchants to create an environment where consumers and businesses can coexist. We ask for your interest and many applications.”

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