Naju-si Recruiting Participants for 'Old Downtown Revitalization Startup Support Project'

Naju City in Jeollanam-do is promoting a ‘Startup Support Project’ as part of revitalizing the old downtown area.

On the 27th, the city announced that it is recruiting participants for the ‘Old Downtown Revitalization Startup Support Project’ to ensure the stable settlement of new startups in the old downtown and to alleviate the initial economic burden of startups.

Startup training related to last year's local government-led youth job project, 'Youth Startup Growth Plus Support Project.'
[Photo by Naju City]

The support target is prospective entrepreneurs aged 18 or older who wish to start a business in Naju’s old downtown area.

After selecting 20 candidates through the first document screening, the final 10 will be chosen through education and in-depth interviews.

The final selected prospective entrepreneurs will receive up to 20 million KRW in actual expenses, including self-payment.

The application period is until the 21st of next month, and applicants can visit the executing agency, Jeonnam Employment and Labor Research Institute, with related documents such as the application form and business plan to submit their applications.

A city official said, “We expect this support to contribute to revitalizing the local commercial district in the old downtown area,” and added, “We hope many capable prospective entrepreneurs will apply.”

Naju = Asia Economy Honam Reporting Headquarters, Reporter Kim Yukbong baekok@asiae.co.kr

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