Tumblbug Opens Applications for Small Business Funding Support Program... 130 Teams Selected
Last Year Small Business Support Project
Total Funding Achievement of 2.5 Billion Won
Backpacker announced on the 7th that it is recruiting candidates for the ‘2024 Small Business Termblebuck Funding Support Project’ on the crowdfunding platform Termblebuck. This is part of the ‘2024 Online Shopping Mall Sales Support Project’ hosted by the Ministry of SMEs and Startups and the Small Enterprise and Market Service, aimed at supporting small business owners who have creative ideas but lack funds. Termblebuck was selected as the executing agency for small business support in the ‘crowdfunding sector’ last February.
Termblebuck plans to provide selected small business owners with promotions worth approximately 3 million KRW, including ▲ exposure on the main screen of Termblebuck’s official website and app ▲ participation in special small business exhibitions ▲ promotion through Termblebuck’s official SNS channel content ▲ CRM (Customer Relationship Management) marketing.
The support target and scale are 130 small business teams based on the Small Business Act. The selection evaluation will be conducted based on originality, sincerity of the funding plan, likelihood of funding success, and feasibility of project completion. Last year, Termblebuck carried out 141 projects in the small business funding support project and recorded a total funding achievement of 2.51 billion KRW.
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Kim Donghwan, CEO of Backpacker, said, “Termblebuck has crowdfunding experience in various key small business categories such as fashion & accessories, crafts & beauty, and home & living, possessing know-how in revenue diversification and marketing,” adding, “Through this support project, we will strive to discover innovative projects and provide stable distribution channels for small business owners.”
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