"Join the Yellow Umbrella Program and Receive a 50,000 Won Small Business Love Gift Certificate"

Online Sign-Ups Increase by Over 30%

The Korea Federation of SMEs announced on November 3 that it is running the 'Take Care of Your Yellow Umbrella, Revive the Domestic Economy' promotion, offering a 50,000 won Small Business Love Gift Certificate to customers who join the Yellow Umbrella program.

'Take Care of Your Yellow Umbrella, Revive the Domestic Economy' Promotion Image. Korea Federation of SMEs

Since July, the Korea Federation of SMEs has been providing a 50,000 won Small Business Love Gift Certificate to all customers who join the Yellow Umbrella program through the Yellow Umbrella application or the official website, in order to boost sales recovery for small business owners.

The effectiveness of the promotion is evident in tangible indicators such as the number of new members. Over the past three months, the number of online sign-ups benefiting from the promotion reached approximately 18,000, an increase of more than 30% compared to the same period last year. The total value of Small Business Love Gift Certificates distributed amounted to 730 million won.

The Yellow Umbrella contribution amount can be freely set between 50,000 won and 1 million won per month. Depending on business income, members can receive up to 6 million won in annual income tax deductions, compound interest applied to the entire contribution, and access to loans within the amount of their contributions during difficult times. In addition, a variety of welfare benefits are provided, including management consulting services in areas such as law, taxation, and labor, as well as group accident insurance coverage for two years from the date of joining the program.

Lee Changho, Head of the Mutual Aid Business Division at the Korea Federation of SMEs, stated, "This promotion is more than just offering benefits; it is a meaningful initiative that helps small business owners prepare for their future while revitalizing local commercial districts. We will continue to expand practical support as a reliable pillar for small and micro businesses."

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