Ministry of SMEs and Startups Provides Smart Technology to 1,500 Small Business Owners... "Supporting Digitalization"

Small Business Smart Store Technology Distribution Project
Applications for Participation Accepted Until the 13th of Next Month

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[Asia Economy Reporter Kim Bo-kyung] The Ministry of SMEs and Startups is recruiting 1,500 small business owners to participate in the 'Small Business Smart Store Technology Dissemination Project' supporting the adoption of smart technologies by small business owners until the 13th of next month.

Since 2020, the Small Business Smart Store Technology Dissemination Project has been supporting small business owners to respond to the digitalization of consumption and distribution environments and achieve management innovation by introducing smart technologies such as the Internet of Things (IoT), Augmented Reality (AR), and Artificial Intelligence (AI) into their workplaces.

So far, through shopping districts and industry-specific associations, smart technology-applied devices such as kiosks, smart mirrors, and serving robots have been distributed to more than 17,000 small business stores.

This year, small business owners will be given the opportunity to apply directly. Selected small business owners will receive support ranging from up to 5 million KRW (general type) to 15 million KRW (leading type).

Those wishing to participate can submit their applications via the dedicated Smart Store Technology Dissemination Project website or by email from the 8th until the 13th of next month. Duplicate participation is restricted if the application was submitted through shopping districts or associations in the announcement made in February.

Park Chi-hyung, Director of Small Business Policy at the Ministry of SMEs and Startups, stated, "Utilizing digital technology is essential for small business owners to adapt to changes in consumer patterns and management environments due to digital transformation. We will actively support capable small business stores to leap forward as smart stores."

Detailed information on eligibility and application methods can be found on the Ministry of SMEs and Startups website.