Busan City Holds This Year's 'Small and Medium Businessperson Grand Prize' Award Ceremony

7 Selected for Accelerating Technological Innovation and Leading Advanced Management Systems at City Hall on the 26th at 10:30 AM

Busan City will hold the ‘2023 Busan Small and Medium Enterprise (SME) Entrepreneur Award Ceremony’ at 10:30 a.m. on the 26th in Conference Room 2 of City Hall.

The SME Entrepreneur Award is given to business owners who have their headquarters in Busan, employ more than 10 employees, and have been managing an SME for more than three years as of the announcement date, recognizing those who accelerate technological innovation and lead advanced management cultures. Since 1999, a total of 150 recipients have been awarded.

This year, seven individuals were selected for the SME Entrepreneur Award: ▲ Seong Il-gyeong, CEO of Donggyeong Steel ▲ Kim Seong-ha, CEO of KMCP ▲ Park Jin-gi, CEO of Hanseung Port Logistics Industry ▲ Kim Su-jin, CEO of Busan Segwang Food ▲ Joo Young-jae, CEO of Bugyeong Tech ▲ Song Young-seok, CEO of KSA Solution ▲ Jeong Seong-uk, CEO of Global Marine Service.

Donggyeong Steel, led by CEO Seong Il-gyeong, is a materials company producing and supplying about 30,000 tons annually of steel wire rod materials such as CHQ wire rods. Based on excellent technological capabilities, it has been certified as a root-specialized company and a materials and components company. It has also introduced a smart factory system to respond in real time to stable production and inventory management.

KMCP, led by CEO Kim Seong-ha, is an eco-friendly smart small and medium-sized ship specialist company. It handles everything from design to manufacturing of liquefied hydrogen leisure boats and equips ships with autonomous navigation systems. Based on its outstanding technology, it was selected as a maritime taxi operator by Busan City in 2023.

Hanseung Port Logistics Industry, led by CEO Park Jin-gi, is the only SME in Korea capable of comprehensive container terminal management from equipment to operations. In 2022, it was selected as the main operator of the Busan Container Terminal through cooperation with Hyundai Development Company and was named one of Korea’s top 100 companies for job creation in 2023.

Busan Segwang Food, led by CEO Kim Su-jin, is a food company that launched the premium fish cake brand ‘Eoseollang.’ Using the highest grade of surimi suitable for productization, it has achieved both taste and health benefits. It supplies products to large corporations and famous food franchises such as Sajo Daerim, Kim Ga-ne, and Sinjeon Tteokbokki, enriching the dining tables of citizens.

Bugyeong Tech, led by CEO Joo Young-jae, is an electric heating equipment specialist company that launched ‘Bugyeong Easy Warm.’ It is the only SME in Busan with a production line for its products. Recognized for the excellence of its large-area plate molding technology used in the core process of its main product, the electric ondol panel, it has been designated as a national root technology specialized company.

KSA Solution, led by CEO Song Young-seok, is an information technology (IT) company that develops and operates SI/SM and proprietary solutions and services. It participated in building the Ministry of Economy and Finance’s national subsidy system and developing the Gyeongnam Bank mobile app. Based on its excellent technology, it was selected as a Technology Guarantee Fund Valley Company in 2022.

Global Marine Service, led by CEO Jeong Seong-uk, is a power plant maintenance specialist company. It secured export competitiveness by exclusively supplying engine parts necessary for diesel power plant operations in Iraq and won the 10 Million Dollar Export Tower at the 60th Trade Day in 2023. Recently, it has been diversifying its business by developing data centers and was selected as the preferred distributor for the Eco Delta City Green Data Center project in 2023.

A trophy for the SME Entrepreneur Award will be presented to the winners, who will also receive various benefits for three years, including ▲ preferential interest subsidies on city SME development and operating funds ▲ exemption from local tax audits ▲ free use of city public parking lots and Gwangandaegyo Bridge.

Mayor Park Hyung-jun said, “This year, especially, entrepreneurs in root industries that form the foundation of manufacturing, as well as new industries leading the Fourth Industrial Revolution such as autonomous driving and artificial intelligence (AI), have stood out. I sincerely thank and congratulate the awardees who have consistently worked hard for the development of the local economy.”

Busan City Hall.

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