Jungjingong Achieves 'Top Excellence' for Two Consecutive Years in Public Institution Win-Win Growth Evaluation

by Kim Chulhyun

Published 16 Apr.2024 08:55(KST)

Recognition of Efforts to Establish Large and Small-Medium Enterprise Win-Win Growth Foundations, Including the 'Dongbanseongjang Network Theory'

The Small and Medium Business Corporation announced on the 16th that it received the highest grade, "Excellent," in the "2023 Public Institution Win-Win Growth Evaluation" conducted by the Ministry of SMEs and Startups. The Corporation was selected as an excellent institution for two consecutive years following last year.

The Public Institution Win-Win Growth Evaluation has been conducted annually since 2007 to promote a culture of win-win growth and mutual cooperation through the leading roles and efforts of public institutions. This year's evaluation covered a total of 134 institutions, and the Corporation was included among the 25 institutions that received the excellent grade out of 102 quasi-governmental and other types of institutions.

Small and Medium Business Corporation

Last year, the Corporation's representative achievements included ▲ securing a new budget for the Win-Win Growth Network Loan ▲ strengthening ESG supply chain co-support ▲ establishing a system for a large and small business mutual growth structural innovation model. In particular, the newly secured 100 billion KRW budget for the "Win-Win Growth Network Loan" was highly evaluated as it laid the foundation for win-win growth among large, medium, and small enterprises. The Win-Win Growth Network Loan is a policy fund where small and medium enterprises recommended by ordering companies such as large and medium-sized enterprises can borrow production funds up to 80% of the order amount based on delivery orders, and the ordering companies repay after delivery.

Kang Seok-jin, Chairman of the Corporation, said, "Based on our efforts to strengthen the competitiveness and innovative growth of small and medium enterprises, we achieved the highest grade in the Win-Win Growth Evaluation for two consecutive years," adding, "We will continue to take the lead in building a sustainable win-win growth ecosystem and spreading ESG management among small and medium enterprises."