Up to 5 Million Won in Support for New and Renewing Companies
Yongin City in Gyeonggi Province is accepting applications for companies to join the "Yongin Brand Pavilion (YoGo)" on Alibaba.com, a B2B platform, until January 30.
This year, the recruitment target is a total of 18 companies, including 10 new companies and 8 renewing companies. The number of new and renewing companies may be adjusted depending on the results of the recruitment.
Companies participating in the program will receive reimbursement for the annual membership package fee on Alibaba.com. The reimbursement amount is up to 5 million won for new companies and up to 4 million won for renewing companies.
Participating companies will also receive customized support, including one-on-one consulting with a dedicated manager, training on the Alibaba.com platform, and promotional marketing for the Yongin Brand Pavilion.
Small and medium-sized enterprises (SMEs) with their headquarters or factories located in Yongin, and that own their own brand or manufactured products, are eligible to apply. However, companies engaged only in simple wholesale, retail, or distribution without a manufacturing base are excluded.
Those wishing to participate can apply online via the "Yongin Enterprise Support System." For more details, please contact the Enterprise Support Division of Yongin City.
Previously, 12 companies joined the Yongin Brand Pavilion, which was launched as a new initiative by the city last year, recording cumulative consultation results totaling 440,000 dollars (approximately 600 million won).
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