A Starting Point for Overcoming the Crisis Faced by Small Business Owners Amid Economic Downturn
The Korea Small and Medium Venture Business Distribution Corporation announced on the 17th that it has signed a business agreement with the Korea Credit Guarantee Foundation at its office in Yangcheon-gu, Seoul, to promote the digital transformation of small business owners.
Through this business agreement, the two organizations will cooperate to support the digital transformation of local small business owners by utilizing the infrastructure each possesses.
From the left, Lee Tae-sik, CEO of Korea Small and Medium Business Distribution Center, and Lee Sang-hoon, Chairman of the Korea Credit Guarantee Foundation, are taking a commemorative photo at the signing ceremony for the business agreement to promote the digital transformation of small business owners, held on the 14th at the headquarters in Yangcheon-gu, Seoul. Photo by Korea Small and Medium Business Distribution Center
Thereafter, Han Yu-won plans to support education to strengthen the digital capabilities of small business owners using local credit guarantee foundations and to facilitate the use of 'Sodam Square,' a digital commerce specialized institution located in regional hubs. The Korea Credit Guarantee Foundation will provide the necessary infrastructure for local small business owner education and promote various market expansion support projects operated by Han Yu-won targeting small business owners using local credit guarantee foundations.
Han Yu-won expects that this cooperation will expand the participation of local small business owners, who have had relatively low digital accessibility, in online market channels.
Lee Tae-sik, CEO of Han Yu-won, said, "I hope that the business agreement with the Korea Credit Guarantee Foundation, the dedicated institution for small business owner guarantees, will be the starting point for overcoming the crisis faced by small business owners struggling due to the economic downturn," adding, "We will strive to promote the digital transformation of small business owners through close mutual cooperation."
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