Ministry of SMEs and Startups Seeks Honorees Who Elevated the Social and Economic Status of Small Business Owners

2024 Republic of Korea Small Business Conference
Exemplary Small Business Owners, Development Contributors, and Outstanding Support Organizations
Applications Accepted from May 1 to June 21

The Ministry of SMEs and Startups announced on the 1st that it will accept applications for awards at the '2024 Korea Small Business Conference' until June 21. The awards recognize outstanding small business owners who have contributed to the development and socio-economic status of small business owners, as well as meritorious individuals and support organizations that have contributed to the advancement of small businesses.

The 'Small Business Awards' have been presented since 2006 to enhance the social and economic status of small business owners and improve public awareness. The awards are given annually at the 'Korea Small Business Conference,' held in commemoration of Small Business Day on November 5.

The award categories include ▲Model Small Business Owner ▲Contributor to Development ▲Outstanding Support Organization. The Ministry plans to actively identify small business owners who serve as role models to other companies through outstanding achievements, as well as individuals and organizations that have contributed to fostering and developing small businesses, resolving difficulties, and improving regulations.

In particular, this year, to boost the morale of small business owners who have worked hard not only to develop domestic sales channels but also to expand overseas exports, the evaluation weight for export performance and overseas expansion efforts has been increased when selecting recipients in the 'Model Small Business Owner' category, so that excellent cases of overseas expansion can be widely disseminated.

The rank and scale of the awards include approximately 140 honors such as industrial orders and medals, the Presidential Citation, the Prime Minister's Citation, and the Minister of SMEs and Startups Citation. After consultation with related ministries, the final decisions will be made, and the awards will be presented at the '2024 Korea Small Business Conference' scheduled for the end of October.

Applications must be submitted by 6:00 PM on June 21. Applicants should prepare the required documents listed in the announcement and submit them in person or by mail to the regional offices of the Local Small and Medium Venture Business Administration, the Small Enterprise and Market Service regional centers, or the Korea Federation of Small and Medium Business.

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