Changwon Special City Selects 13 'Changwon-type Small Giants' with Technological Strength and Growth Potential

Securing Advanced Technology and Strengthening Export Capabilities
Focusing on Nurturing Global Small Giants

On the 10th, Changwon Special City in Gyeongnam selected 13 local small and medium-sized enterprises (SMEs) with technological capabilities and growth potential and awarded them the '2024 Changwon-type Strong Small Business Certificate' at the City Hall Citizen Hall.

Prior to the event, a meeting was held in the reception room with the Changwon Strong Small Business Council to discuss development directions and listen to difficulties faced by strong small businesses.

Changwon Special City Awards Certificates to 13 Companies as ‘Changwon-Type Small Giant Enterprises’.

In order to foster SMEs as 'small but strong companies,' Changwon City began by selecting 10 companies as Changwon-type strong small businesses in 2015, and has selected a total of 108 companies as of last year, marking the 10th anniversary of the program this year.

Through the Changwon-type Strong Small Business Development Project, the city provides step-by-step support to help these companies grow into global specialized enterprises after discovery, with the goal of nurturing 200 strong small businesses by 2030.

This year's Changwon-type strong small businesses include 13 companies with innovative technological capabilities: Samyoung Mitech, Amongsoulution, ISL Gauge, HS Corporation, Woochang Machinery, Innotech, E-Ray, E&E, JS ENG, Taechang Machinery, Partners Lab, Platdis, and Korea Open Solution.

Each company will receive differentiated support of up to 35 million KRW, including R&D-based technical support, comprehensive support for core technology development, and continuous monitoring and focused business management through a dedicated manager system.

Hong Nam-pyo, Mayor of Changwon Special City, stated, "As the role of SMEs is becoming more emphasized due to rapid changes in the domestic and international industrial environment, the small but strong Changwon-type strong small businesses are leading regional economic growth through bold challenges and innovation," and added, "We will actively and systematically support Changwon-type strong small businesses in collaboration with the Changwon Industry Promotion Agency and the Changwon Strong Small Business Council until all of them become global strong small businesses."

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