Incheon City is recruiting participants for the 'Business Environment Improvement Support Project' to help small business owners struggling due to the economic downturn.
This project assists small business owners in improving their store environments, such as replacing signs or renovating interiors and exteriors, and supports the installation of smart technologies like kiosks or surveillance cameras.
Selected participants can choose one of these projects to receive support. The application period is from the 10th to the 21st of this month. Applicants must have their business registration address registered in Incheon as of the announcement date (March 10) and must have been in business for more than one year.
The support fund covers 90% of the supply price stated in the estimate submitted at the time of application, with a maximum of 2.5 million KRW per company. However, the support amount may vary depending on the specific project and the applying company. Companies seeking support can apply online through the Incheon Small Business Comprehensive Support Center website or visit the center in person.
An official from Incheon City stated, "The difficulties faced by small business owners are increasing due to the economic downturn and reduced consumer spending," adding, "We will continue to do our best to stabilize the management and strengthen the self-sustainability of small business owners."
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