Korea Federation of Middle Market Enterprises Begins Accepting Applications for '12th Middle Market Entrepreneurs Day' Commendations

The Largest Annual Government Awards for Middle Market Enterprises

Application Deadline: June 5

The Korea Federation of Middle Market Enterprises announced on April 13 that it has begun accepting applications for commendations for the '12th Middle Market Entrepreneurs Day.' The application deadline is June 5.

This year, the focus will be on identifying middle market entrepreneurs who have contributed to expanding exports, leading the global market, securing national advanced industry superiority, diversifying supply chains, promoting fair trade and a culture of mutual growth, and creating safer industrial sites.

Hosted by the Ministry of Trade, Industry and Energy and organized by the Korea Federation of Middle Market Enterprises, the 'Middle Market Entrepreneurs Day' commendations are the largest government awards in the sector, based on the Middle Market Enterprises Act. Launched in 2015 to enhance the pride of middle market entrepreneurs who have contributed to Korea's economic and industrial development, the awards also aim to spread entrepreneurial spirit and innovation achievements by setting role models for growth. Through a systematic verification process—document screening, on-site evaluations, and a public merit committee—the final awardees are selected in November and honored at the annual 'Middle Market Entrepreneurs Day' ceremony held in the third week of November.

Eligible candidates are middle market entrepreneurs who have made significant contributions in their respective fields for at least 15 years for the Order of Industrial Service Merit, 10 years for the Industrial Medal, 5 years for the Presidential or Prime Minister's Commendation, and 3 years for the Ministerial or Director's Commendation. To date, a total of 367 individuals have received awards, and at last year's ceremony, Lee Donghyun, Chairman of Osang Healthcare, was honored with the Gold Tower Order of Industrial Service Merit.

Kim Min, Head of the Membership Headquarters at the Korea Federation of Middle Market Enterprises, stated, "In order to resolve growing internal and external economic uncertainties, such as the prolonged Middle East conflict, and to establish a stable foundation for renewed growth, it is urgent to restore the vitality of the private sector, including middle market enterprises." He added, "By revisiting the achievements and entrepreneurial spirit of middle market entrepreneurs, who have been at the forefront of overcoming crises such as the IMF crisis, the global financial crisis, and the COVID-19 pandemic, we will do our utmost to broaden consensus on the values of innovation, challenge, and growth—which are the foundation for the long-term sustainability of the national community."

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