Paju-si Supports Young Entrepreneurs with Monthly Rent Subsidy up to 500,000 KRW

by Lee jonggu

Published 08 Jan.2025 08:42(KST)

Recruiting 10 Participants for the First Half of the Year from the 8th to the 22nd

Paju City, Gyeonggi Province (Mayor Kim Kyung-il) announced on the 8th that it will promote the "Young Entrepreneurs Rental Fee Support Project," which helps young entrepreneurs settle stably in the region by partially subsidizing their rent.

'Youth Entrepreneur Rental Fee Support Project' Information. Provided by Paju City

If selected as a beneficiary of the Young Entrepreneurs Rental Fee Support Project, 50% of the monthly rent (up to 500,000 KRW per month) will be supported for six months.

Eligibility requires being a young person aged 19 to 39, registered as a resident of Paju City, and operating a business located in Paju City. Applicants must be within one year from the business registration date as of the announcement date.

However, those currently employed or unable to obtain rent-related proof documents (such as tax invoices or cash receipts) from the landlord are excluded. Additionally, certain industries such as franchises, large-scale stores, and liquor sales are excluded.

The recruitment quota for the first half of the year is 10 people. Those wishing to apply can visit the Youth and Adolescents Division or send an application via email to the person in charge from the 8th to the 22nd. If applying by email, applicants must confirm receipt by phone to prevent omissions.

For more details, refer to the announcement posted on the Paju City Hall website's Notices and Announcements board or contact the Youth Support Team at the Youth and Adolescents Division.