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Startups Agency Gwangju Office to give financial bakcing worth KRW 700mn to 30 biz
SMEs and Startups Agency Gwangju/Jeonnam Office announced on Sep 18 that they selected 30 potential candidates to benefit from the second round of the state-led voucher program, designed to help local manufacturers. The size of the program is estimated to total KRW 744 million.
The project aims to provide customized business support programs such as consulting services, tech transfers or marketing schemes, mainly targeting promising companies reaching over KRW 12 billion in sales turnover for three years on average.
Specifically, a KRW 163 million worth of budget went to the city of Gwangju, KRW 487 million to South Jeolla Province and KRW 9.3 million to Jeju Island. The screening process for candidate selection showed high competition ratio of 7.3:1, with an average of 219 applicants for KRW 8 billion grants. * For more information, call 062-600-3064 or 062-360-9134
nicepen@yna.co.kr
** This article was translated from Korean.
Date
2020.09.29
Views
344
According to Yonhap News,
SMEs and Startups Agency Gwangju/Jeonnam Office announced on Sep 18 that they selected 30 potential candidates to benefit from the second round of the state-led voucher program, designed to help local manufacturers. The size of the program is estimated to total KRW 744 million.
The project aims to provide customized business support programs such as consulting services, tech transfers or marketing schemes, mainly targeting promising companies reaching over KRW 12 billion in sales turnover for three years on average.
Specifically, a KRW 163 million worth of budget went to the city of Gwangju, KRW 487 million to South Jeolla Province and KRW 9.3 million to Jeju Island. The screening process for candidate selection showed high competition ratio of 7.3:1, with an average of 219 applicants for KRW 8 billion grants. * For more information, call 062-600-3064 or 062-360-9134
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nicepen@yna.co.kr
Source: Yonhap News (Sep 18, 2020)
** This article was translated from Korean.