Bplus Launches 'Uridongne Funding' to Revitalize Local Economy, Recording 350 Cases

The online investment-linked finance platform BPLUS announced that it has recorded 350 openings of the 2024 'Our Neighborhood Funding,' significantly contributing to the revitalization of the local economy.

'Our Neighborhood Crowdfunding' is a small business support project hosted by the Ministry of SMEs and Startups and the Small Enterprise and Market Service, connecting promising small business owners with local residents who can invest through crowdfunding. Investors can receive interest income along with various forms of rewards, making it an innovative business model that naturally promotes investment in and consumption of small businesses.

BPLUS has been recognized for its operational performance and expertise, being selected as the official operator of Our Neighborhood Crowdfunding for two consecutive years from 2023 to 2024.

Particularly noteworthy is the commercial district-type funding aimed at revitalizing the entire local commercial area. Following the 2023 commercial district-type funding conducted on Incheon Gaehang-ro, this year, BPLUS collaborated with 'Local Stitch' in Mapo-gu to carry out commercial district-type funding, with all funding products fully subscribed within one day of opening, successfully concluding the campaign.

Investors from diverse backgrounds?including local residents, full-time homemakers, office workers, and university students?are actively participating in the funding. Especially, the highly accessible investment structure allowing investments from as little as 10,000 KRW is evaluated as a key success factor in attracting a broad investor base.

Along with attractive annual interest returns of 9?12% provided to investors, various special reward products carefully produced and selected by small business owners?such as peanut butter, sweet potatoes, and accommodation vouchers?have gained great popularity among investors, recording high satisfaction.

Through funding, small business owners can smoothly secure essential funds for business operations while also gaining additional benefits such as product promotion within the region and acquiring loyal regular customers.

BPLUS CEO Ki-beom Park stated, “We will further solidify the win-win model between local small business owners and investors, promoting a virtuous cycle of investment and consumption and contributing to the revitalization of the local economy.”

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