Eunpyeong-gu, Recruiting Companies for Social Economy Enterprise Growth Support Project Participation

Up to 15 Million KRW Support Per Company

Eunpyeong-gu, Seoul (District Mayor Kim Mi-kyung) is recruiting companies to participate in the Social Economy Enterprise Growth Support Project until the 23rd of this month. Eunpyeong-gu is conducting its own public offering project due to concerns that the growth foundation of social economy enterprises will weaken following the termination of the Ministry of Employment and Labor's financial support project starting in 2024.

This public offering project supports business development expenses for social economy enterprises to enter new businesses, discover strategic business models, promote marketing, and produce prototypes.

The eligible applicants are (preliminary) social enterprises, social cooperatives, and village enterprises located in Eunpyeong-gu. However, companies that received financial support from the national or local governments for similar projects last year are excluded. The support amount is up to 15 million KRW per company and may be adjusted based on the evaluation results. Detailed information can be found on the Eunpyeong-gu Office website under Notices/Announcements.

An official from Eunpyeong-gu stated, "We have decided to carry out the growth support project independently to strengthen the foundation of social economy enterprises in the region," adding, "Through this project, we expect social economy enterprises to enhance their self-sustainability, promote the activation of the social economy, and contribute to the development of the local economy."

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