Korea Federation of SMEs Holds 'Small Business Support Program Briefing'

The Korea Federation of Small and Medium Business (Kbiz) announced on the 4th that it held the '2025 Small Business Support System Briefing Session' at the Kbiz headquarters in Yeouido. This briefing session was organized to help small business owners actively utilize government support programs amid difficult economic conditions such as the recent economic downturn and the increase in small business closures, with about 300 small enterprises and small business owners enrolled in the Yellow Umbrella Mutual Aid attending.

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On the day, the Small Enterprise and Market Service and the Seoul Credit Guarantee Foundation explained the 2025 small business support policies, credit guarantee system, and policy funds of the Seoul Credit Guarantee Foundation. Kbiz provided information on expanded income deduction limits for Yellow Umbrella Mutual Aid subscribers and various welfare service benefits, guiding attending small business owners on available support funds and systems.

The 'Small Business Support System Briefing Session' is scheduled to be held in 14 regions nationwide throughout February, starting in Seoul on the day.

Lee Chang-ho, head of the Mutual Aid Operations Division at Kbiz, said, “In the current situation where small business owners are facing increased difficulties due to high inflation, high interest rates, high exchange rates, and economic recession, we have organized briefing sessions nationwide with content that is practically helpful for business operations. We hope this will be helpful to small business owners who may have many concerns about business operations at the beginning of the year.”

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