Apply for new applicants after payment for existing applicants
The procedure for the payment of subsidies to the underprivileged, such as small business owners, special workers (specially employed) and freelancers, who have been damaged by the third spread of the novel coronavirus infection (Corona 19), will begin this week.
This week, preparation procedures such as business announcements are in progress, and the actual execution will take place next week.
According to the Ministry of Strategy and Finance on the 3rd, the government will announce the support fund for small businesses and the emergency employment stabilization support fund on the 6th.
This time, the government has established a new program that provides 500,000 won in living support to 90,000 people working in visiting and caring services. The intention is to support those who have difficulty making a living because of the reduced workforce due to Corona 19 among workers belonging to service and dispatch companies.
Income stabilization fund 500,000 won is given to 80,000 corporate taxi drivers whose income has decreased due to the decrease in passengers.
From the 11th, small business owners will send a text message to the applicants (2.5 million) from the 11th. It is a method of receiving an online application at the same time as sending a text message and paying it as soon as it is ready. In other words, if you hurry to apply, you can receive support from the 11th. The government is in a position to finish the payment in January.
However, if you received subsidies for small business owners, but last year’s sales fell from the previous year, you may have to return the subsidies.
Screening for new applicants begins in mid-January.
The business announcement for new applicants for the Emergency Employment Security Grant will be made on the 15th. A brief review process should be taken to determine whether or not it is eligible for the emergency employment security support fund.
The process for new applicants for small business support funding begins on January 25th.
This is a procedure for officially notifying the public of the details of the third disaster support fund before starting the project in earnest.
The support fund for small business owners is a project that provides support for a total of 2.8 million small business owners with annual sales of less than 400 million won, which saw a decrease in sales last year compared to the previous year, as well as for businesses that are banned or restricted in accordance with the government’s quarantine guidelines. It gives 3 million won to the prohibition of collective business, 2 million won to the collective limit, and 1 million won to the general industry.
The Emergency Employment Stability Support Fund for Special High School and Freelancers is a project that provides 500,000 won (applicants) and 1 million won (new support) to 700,000 special high school and freelancers whose income has decreased due to the prolonged Corona 19.
The government is in a position to first pay the subsidies to those who have previously received subsidies for small business owners and special high schools, and then start new support. Existing applicants are able to execute funds to more people more quickly as the government already has the data.
The emergency employment stabilization support fund for special high school and freelancers will start sending a text message immediately to the existing applicants (650,000) along with the business announcement on the 6th.
For those who are willing to receive the grant, payment will begin between the 11th and 15th after completing the simple application process online. The government is in a position that it will complete payments to applicants at least before the Lunar New Year holiday.
Reporter Kim Jin-ho’s latest article
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