Gyeonggi-do Supports Exporting SMEs with Up to 10 Million KRW for Overseas Standard Certification Costs

Gyeonggi Province will support export small and medium-sized enterprises (SMEs) in the province with overseas certification costs up to 10 million KRW.

Gyeonggi Province announced on the 25th that, in response to the recent strengthening of U.S. protectionism and the European Union (EU)'s technical regulations, it recognizes the importance of obtaining overseas certification and will support part of the costs for testing, certification, consulting, and overseas certification renewal for SMEs in the province that have not obtained the overseas certification required by export destination countries.

The supported certification targets include 387 product certification fields such as the European Conformity (CE) certification and the U.S. Federal Communications Commission (FCC) certification.

Gyeonggi Provincial Government

This year, Gyeonggi Province will invest a total budget of 200 million KRW to support about 20 companies with 70% of the overseas certification acquisition costs, up to 10 million KRW per company. There is no limit on the number of certifications, and certifications obtained this year are also eligible for support.

Gyeonggi Province will select companies through a review process and announce the results individually or via the Gyeonggi Business Secretary website in March or April.

Park Kyung-seo, Director of the International Trade Division of Gyeonggi Province, emphasized, "Supporting the acquisition of overseas certification is a project that enhances product competitiveness and brand value, strengthening the export capabilities of SMEs. We will actively support domestic companies in the province to leap forward as export companies."

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