"New Opportunities for Prospective Entrepreneurs and Small Business Owners"... 'Sosangin 365' Set for Official Launch

Small Business Big Data Platform
'Sangwon Information System' Advancement

The Small Enterprise and Market Service (SEMAS) announced on the 18th that it held a demonstration event for the small business big data platform ‘Sosangongin365’ at the Korea Federation of Small and Medium Business in Yeongdeungpo, Seoul.

Park Sung-hyo, Chairman of the Small Enterprise and Market Service, is giving a greeting at the 'Small Business 365' demonstration held on the morning of the 18th at the Korea Federation of SMEs in Yeongdeungpo, Seoul. Provided by the Small Enterprise and Market Service

Sosangongin365 is an advanced platform built upon the ‘Commercial Area Information System’ that has been operated for the past 18 years. It has been in pilot operation since the 29th of last month and will officially launch next month.

Prospective entrepreneurs and small business owners can make data-driven decisions through services such as ‘Big Data Commercial Area Analysis,’ ‘My Store Management Diagnosis,’ ‘Commercial Area & Market Hot Trends,’ ‘Policy Information All Guide,’ and ‘Small Business Dashboard.’

‘Big Data Commercial Area Analysis’ provides various reports by region and industry, including simple and detailed analyses, to support successful startups for prospective entrepreneurs. Users can check commercial area maps and delivery status information based on population and sales by region.

‘My Store Management Diagnosis’ analyzes the competitive status, survival potential, and growth prospects of individual small business stores. It offers specific information such as popular menu items and floating population data by time zone to help small business owners create effective strategies.

‘Commercial Area & Market Hot Trends’ provides commercial area information of hot places reflecting specific customer groups or consumption trends, such as dining-out commercial areas and delivery commercial areas, supporting location selection linked to startup items.

Additionally, ‘Policy Information All Guide’ is a service that allows users to view various small business support policies provided by the government or local governments at a glance. The ‘Small Business Dashboard’ visualizes small business-related establishments, sales, population, and indicators by region, allowing users to check commercial area statistics, establishment status, and population status information by region.

During the demonstration event, SEMAS also covered this year’s achievements and next year’s key promotion plans. SEMAS explained that this year it focused on alleviating the management burden of small business owners by expanding electricity bill subsidies and creating policy synergies through collaboration with related organizations. Next year, it plans to enhance policy services by integrating call centers and officially operating Sosangongin365, and to focus on resolving damage issues occurring in the livelihoods of small business owners, such as delivery fees and no-shows.

Park Seong-hyo, Director of SEMAS, said, “Through Sosangongin365, we aim to actively support prospective entrepreneurs and small business owners in discovering new opportunities and creating a better business environment,” adding, “We will continue to do our best to provide policy services necessary for small business owners.”

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