Gyeongbuk Province Recruits Five Companies for 'Sillarion' Certified SME Brand... Support for Promotion, Finance, and Marketing

Starting from the 8th, North Gyeongsang Province will be recruiting new participating companies for its certified SME brand "Sillarion" to discover and nurture small and medium-sized enterprises that possess excellent technology and products but face difficulties in securing sales channels.

The application period for new companies is from the 8th to the 22nd. About five companies will be selected through qualification screening, quantitative evaluation, on-site evaluation, and qualitative evaluation. The final selection will be made through a comprehensive evaluation by the operating committee in November.

Sillarian Logo

Eligible applicants are companies that have their main office and business site in the North Gyeongsang region, manufacture B2C consumer goods (finished products) with annual sales of at least 500 million KRW over the past two years, possess a factory registration certificate, and have a specialization rate of 50% or more based on the previous year's financial statements.

Selected companies will receive various marketing support, including the use of the Sillarion brand logo, TV and radio advertisements, online promotions and sales channel development, offline special sales events, overseas market entry support, provision of shared office space and live commerce venues. They will also benefit from preferential support in the loan limit for SME operating funds (interest subsidy), which is a policy fund of North Gyeongsang Province.

Meanwhile, Sillarion is a representative certified brand of North Gyeongsang Province, first developed by the province in 1997. Starting with 10 companies in 1999, a total of 60 companies are currently participating. The total sales of participating companies surpassed 200 billion KRW for the first time in 2018 and have continued to grow, reaching 220 billion KRW as of 2023.

Gyeongbuk Provincial Government Office

Choi Youngsook, Director of the Economic and Industrial Bureau of North Gyeongsang Province, stated, "We will continue to discover, nurture, and develop promising SMEs with high growth potential in the region through annual recruitment of new companies," adding, "We will foster Sillarion as a top premium brand representing North Gyeongsang SMEs."

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