Ministry of SMEs and Startups Announces '2023 Win-Win Growth Evaluation'
20 Organizations Maintain Top Ratings from Previous Assessment
Thirty-three public institutions, including the Small and Medium Business Corporation, Busan Port Authority, Korea Gas Technology Corporation, and Korea Agro-Fisheries & Food Trade Corporation, received the highest grade in the win-win growth evaluation.
The Ministry of SMEs and Startups announced the results of the ‘2023 Win-Win Growth Evaluation’ for 134 public institutions on the 15th.
Thirty-three institutions received the highest grade, 37 institutions received the excellent grade, 29 institutions were rated good, 17 institutions were rated average, and 18 institutions were classified as needing improvement.
Compared to the previous year, the number of institutions with the highest grade increased by 6, and those with the excellent grade increased by 15. This result is analyzed to have occurred due to the improvement in the win-win growth performance of public institutions, reflected in objectively measured quantitative scores.
Looking at the win-win growth promotion performance of public institutions by major evaluation indicators, the average scores of 7 out of 9 indicators increased. In particular, influenced by the expansion of the public institutions’ mutual payment system, the score for the ‘Payment Environment Improvement’ indicator (out of 10 points) rose from 5.0 to 5.92, an 18.3% increase. In detailed evaluation indicators, due to the legislation of the linked payment system for delivery payments, the score for the ‘Possession of Regulations Reflecting Supply Cost Fluctuations’ indicator (out of 2 points) increased from 1.46 to 1.79, a 23.1% rise.
Among the 33 institutions that received the highest grade, 20 institutions maintained the highest grade from the previous evaluation. Among them, Korea Midland Power Co., Ltd. earned the honor of receiving the highest grade for four consecutive years.
Looking at major excellent cases, the Small and Medium Business Corporation proactively responded to the strengthening of global ESG (Environmental, Social, and Governance) regulations by establishing a network with large corporations, financial institutions, and local governments to support ESG management for small and medium enterprises. Through this, they provided 484 ESG management diagnoses to SMEs cooperating with large corporations. Additionally, they established an ESG fund exclusively for SMEs worth 23 billion KRW.
Busan Port Authority promoted projects to improve working environments through idea contests to enhance the welfare of partner company workers. They created rest areas for vulnerable workers such as short-term dispatched workers and installed shower facilities and restrooms for female workers in blind spots of the port industry, receiving positive responses from workers.
Oh Young-joo, Minister of SMEs and Startups, said, “The leading role of public institutions in win-win growth with small and medium enterprises is being strengthened,” and added, “We will support the spread of excellent cases of public institutions to the corporate ecosystem through projects such as the ‘Win-Win Honors’ project.”
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