Seocho-gu Supports Administrative Costs for New Startups through 'Happy Biz to You' Project

First Recruitment Open Until the 19th of This Month
Administrative Costs of 100,000 Won Each for 50 Locations This Year

Seocho-gu, Seoul (Mayor Jeon Seong-su) is launching the ‘Seocho Happy Biz(Biz) to You’ project this month, which supports administrative costs paid during the startup process for new entrepreneurs. The district is promoting this project to ease the financial burden on novice business owners who started their ventures amid a challenging economic environment characterized by high inflation and high interest rates, and to encourage and celebrate successful startups.

The support covers administrative costs up to 100,000 KRW paid during the startup process, including registration license tax, education tax, and corporate establishment costs. If the amount on the tax invoice and supporting documents is less than 100,000 KRW, the remaining amount can be supported through other startup activity expense proofs such as promotional activities.

From this month until November, applications will be accepted once a month. Five new entrepreneurs will be supported each month, totaling 50, based on evaluations of the marketability, originality, and technicality of the startup item, the entrepreneur’s and organization’s capabilities, and the potential to revitalize the local economy.

The first recruitment will be held until the 19th of this month, and anyone who has been issued a new business registration certificate within six months as of February 1 of this year, the announcement date, is eligible. Priority will be given to entrepreneurs whose business location is in Seocho-gu or participants and membership members of the Seocho Startup Station programs.

Applications can be submitted via email, and for more details, inquiries can be made through the recruitment announcement on the Seocho-gu Office website or the Seocho Startup Station.

This project will be conducted by the ‘Seocho Startup Station,’ which has been newly launched as a district-commissioned institution after the closure of the Seoul Startup Cafe Seocho Gyodae branch and a name change.

The Seocho Startup Station operates various startup education and support projects fully funded by the district budget. Seocho-gu announced plans to support successful startups through systematic startup education, consulting in 13 fields including investment, legal affairs, and media, and customized programs such as networking with related startup organizations.

Jeon Seong-su, Mayor of Seocho-gu, said, “We will continue to do our best to make Seocho-gu a place where prospective entrepreneurs can realize their dreams of starting a business.”

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