Cheonan City Offers 500,000 KRW to Businesses
with Annual Sales Under 104 Million KRW
Cheonan City in Chungnam Province has extended the application deadline for the Small Business Management Normalization Fund from the 18th to the 30th.
This extension was arranged to support small business owners struggling due to the economic downturn.
The support is available to small business owners who have their business in the city and had annual sales of less than 104 million KRW last year. Each eligible business will receive 500,000 KRW in cash. Even if an applicant operates multiple businesses, support is limited to only one business.
Applications can be submitted online through the Small Business 24 website or in person, as before. During the extended period, applications will be accepted at the Job and Economy Division on the 2nd floor of Cheonan City Hall.
A city official stated, "We extended the application period so that all eligible business owners can receive the benefits," and urged, "If you have not yet applied, please make sure to do so within the deadline."
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