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'2021 Gyeonggi Province Community Enterprise' Recruitment...Applications Due by November 2

Selected community enterprises to receive up to 50 million won in project fundingVarious support benefits including participation opportunities in business support projects such as consulting, distribution channels, and promotionEligible for corporations with 5 or more investors, 70% of whom are local residents, after completing pre-establishment education for community enterprises
Gyeonggi Province Government building exterior.(Photo=Gyeonggi Province)
Gyeonggi Province Government building exterior.(Photo=Gyeonggi Province)

[Suwon Ilbo=Park No-hun Reporter] Gyeonggi Province is publicly recruiting enterprises to participate in the '2021 Gyeonggi Province Community Enterprise Contest' by November 2, 2020.

A 'community enterprise' refers to a revenue-generating business operated by local residents utilizing resources available in their community. It has the advantage of effectively realizing community interests including solving local issues and creating income and job opportunities.

Once selected as a 'community enterprise,' corporations can receive up to 50 million won in project funding as well as various support benefits including participation opportunities in business support projects such as distribution channels, promotion, and consultation.

Applicants must be corporations located in the province as of the application deadline and have completed pre-establishment education for community enterprises. They must meet the four core requirements for community enterprises: ▲communality ▲public interest ▲business viability ▲locality, and establish an appropriate business plan accordingly.

Corporations wishing to participate in the project can download application forms and required documents from the 'Notices and Announcements' section of the Gyeonggi Province Government website (www.gg.go.kr/), fill them out, and submit them directly to the relevant city or county department where the community is located.

For more information, you can check the notice posted on the Gyeonggi Province Government website or contact the community enterprise department of the relevant city or county (city/county Social Economy Center) or the Gyeonggi Province Social Economy Center Specialized Support Team (032-668-8122).

Gyeonggi Province will conduct on-site investigations and eligibility reviews, undergo first screening by the review committee, and recommend to the Ministry of the Interior and Safety. The Ministry of the Interior and Safety will conduct final screening procedures and plan to make final selections of community enterprises in February next year.

As of the end of September 2020, a total of 242 (prospective) community enterprises are operating in Gyeonggi Province, including 197 community enterprises and 45 prospective community enterprises.

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