Starting to deposit the support fund requested in the morning, about 670,000 people applied in 6 hours

It was found that the number of applications for’small business owners’ support fund’ to support the damage of the novel coronavirus infection (Corona 19) reached 670,000 in six hours.
The Ministry of SMEs and Ventures and the Small Business Market Promotion Corporation (hereinafter referred to as Small Business Corporation) announced on the 11th, “The application for a supporting fund of 4 trillion won for the self-employed small business owners began at 8 am today, and transfers started at 1:20 pm It’s done.”

The supporting fund was less than 400 million won in annual sales last year, 1 million won for small business owners whose annual sales declined from the previous year, and 3 million won and 2 million won each for small business owners who were banned from collective or restricted business due to the strengthening of quarantine by the Central Disaster and Safety Countermeasure Headquarters and local governments. Is supported.

Announcement of support fund support information.  Photo Small Business Market Promotion Corporation

Announcement of support fund support information. Photo Small Business Market Promotion Corporation

The government estimates that the total number of small business owners eligible for support is 2.76 million. From the 11th, the application is being applied for two days based on the last digit of the business registration number.
On the 11th, the first day, only small business owners with an odd number of ending business numbers can apply. As of 2 pm on that day, a total of 1.13 million application notification text messages were sent.
Of these, more than half of the 670,000 applications were made within six hours of application launch. After the 13th, you can apply without any distinction.
The mid-term ministry said, “I am happy that the water has been frozen, so I can’t do business, but I’m happy that the money has been deposited.” On the 12th, a notification text message is sent to those with an even number at the end of the business number. Small business owners who receive the text can apply through the online site (support fund.kr) according to the instructions.

Targets for support were pre-selected through collaboration with the National Tax Service, Health Insurance Corporation, and local governments. However, speculative businesses, real estate rental businesses, and professional jobs cannot receive support funds. The same is true for companies that have not registered as a business. Even those who received support this year through other disaster subsidies projects such as the Emergency Employment Security Grant for Special Type Workers and Freelancers are not eligible for the support fund.

Bong-Hwan Cho, Chairman of Sojin Gong (far left in the photo), looks at the status of receiving support funds.  Photo Small Business Market Promotion Corporation

Bong-Hwan Cho, Chairman of Sojin Gong (far left in the photo), looks at the status of receiving support funds. Photo Small Business Market Promotion Corporation

Meanwhile, Chairman So Jin-gong Bong-Hwan Cho confirmed the status of receipt of support funds and encouraged the staff. The small vacuum side has been preparing for such as expanding servers so that there is no inconvenience in applying for support fund support that is only conducted online. Chairman Cho said, “I will do my best to quickly provide the support fund to become a support for small businessmen who are having a hard time with Corona 19.”

Reporter Lee Soo-ki [email protected]


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