Ulju-gun, Ulsan City, is implementing the '2023 2nd Small and Medium Enterprise (SME) Management Stabilization Fund Support Project' to help local SMEs overcome management difficulties and revitalize the sluggish regional economy.
This year, the scale of the management stabilization fund loans has increased by 20 billion KRW from last year to 90 billion KRW, with the second round of SME management stabilization funds amounting to 40 billion KRW.
The support targets manufacturing and manufacturing-related service industries, providing interest subsidy of 3% for two years on loans up to 300 million KRW per company (400 million KRW for preferential companies).
Companies wishing to apply can do so from May 8 to 12 by visiting the Ulju-gun SME Management Stabilization Fund website or the Ulju-gun SME Management Support Center.
For more details, refer to the announcement on the Ulju-gun Office or Ulju-gun SME Management Support Center websites, or contact the Ulju-gun SME Management Support Center.
An official from Ulju-gun stated, "We hope this project will provide practical help to local SMEs facing management difficulties," and added, "We will continue to discover and implement support projects to resolve management difficulties and overcome crises for local SMEs."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.


