2024 SME Support Program Comprehensive Briefing Session to be Held on the 11th

Support Policy for SMEs with a Budget of 14.9 Trillion KRW
Simultaneous Events at 13 Regional Small and Medium Venture Business Offices Nationwide

The Ministry of SMEs and Startups announced that a comprehensive briefing session on support projects for SMEs and startups in 2024 will be held simultaneously on the 11th at 13 regional Small and Medium Business Administration offices nationwide. This year, the total budget of 14.9 trillion KRW covers all projects of the Ministry of SMEs and Startups, and including additional support such as interest subsidy and guarantees, it is expected to exceed 30 trillion KRW.

The comprehensive briefing session will be hosted simultaneously nationwide by the 13 regional Small and Medium Business Administration offices. This briefing will provide detailed explanations of support projects in major areas such as finance (loans and guarantees), technology development, startups, and exports, and will distribute guidebooks on SME and startup support projects. Representatives from project-executing organizations such as the Small and Medium Business Corporation, Korea Technology and Information Promotion Agency for SMEs, and Korea Institute of Startup & Entrepreneurship Development will directly explain the projects and hold Q&A sessions.

SME owners who cannot attend the event in person can listen to explanations of support policies in real time via YouTube, and questions posted in the comments during the viewing will be answered later.

For small business owners and self-employed individuals who find it difficult to attend the comprehensive briefing due to their livelihoods, on-site briefing sessions will also be held by each regional office. The program will be organized focusing on financial safety net strengthening policies for small business owners struggling with high interest rates and economic downturn.

Starting with the comprehensive briefing on the 11th, the Ministry of SMEs and Startups plans to intensively promote major support projects centered on the field in early 2024, including on-site briefing sessions for small business owners and the self-employed until February. Minister Oh Young-joo said, "Although the internal and external conditions are difficult, we will alleviate the difficulties of SMEs and small business owners and further help them grow as the main pillars of our economy," and added, "As this comprehensive briefing is the first session to introduce the Ministry of SMEs and Startups' support projects in an integrated manner, I hope it will be delivered to as many SME owners as possible and provide practical help in management."

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