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美來路Hongseong

Business Support

Financial Support for SMEs

Management Stability Fund

  • Purpose
    • To promote stability of corporate management by providing low-interest financing (based on an interest maintenance system) to small and medium enterprises (SMEs) that are having temporary financial troubles
  • Scale of Support and Eligibility
    • Maximum support : 300 to 500 million KRW per company (within the annual sales volume)
    • General companies : 300 million KRW / Companies with an annual export volume of at least 1 million KRW and advanced an green technology certified
    • companies : 500 million KRW

      However, the company cannot re-apply within 1 year after the loan maturity date

    • Interest rate :general market interest rate (interest maintenance: 1.75~2.0%)

      1.0% more support for companies that were named as promising and leading companies and excellent business operators by Chungcheongnam-do Province as well as companies run by women and people with disabilities and green technology certified companies

    • Loan period : until the fund runs out
  • Application and Inquiries
    • Financing Support Team of the Corporate Support Div. of Chungcheongnam-do Province (☎ 041-635-2243) and Corporate Support Team of the Economy Div. o Hongseong-gun Office (☎ 041-630-1612)

Fund for Business Start-ups and Reinforcement of Competitiveness

  • Purpose
    • To boost competitiveness through automation of facilities, informatization and technical development
    • To promote investment into facilities by encouraging business start-ups and transfer into advanced industries
  • Scale of Support and Eligibility
    • Maximum support: facility investment fund (2 billion KRW, 3-year deferral term, equal install payments for 5 years), operating fund (300 million KRW (1-year deferral term, equal install payments for 2 years)
    • Annual interest rate: 4.0% (variable rate)
    • Loan period: until the fund runs out
  • Application and Inquiries
    • Financing Support Team of the Corporate Support Div. of Chungcheongnam-do Province (☎ 041-635-2243) and Chungcheongnam-do Economic Promotion Agency (☎ 041-539-4520)

Innovative SME Fund

  • Purpose
    • To stimulate the local economy by supporting venture companies in order to improve the competitiveness of SMEs and to commercialize the developed technologies
  • Scale of Support and Eligibility
    • Eligibility: venture companies, Inno-Biz, Main-Biz, New Excellent Product (NEP) SME
    • Support: funds for the production facilities, testing and inspection equipment and raw and subsidiary materials
    • Maximum support: up to 500 million KRW (per application)
    • Annual interest rate: 2.9~3.1% (variable rate, 2-year deferral term, equal payments for 3 years)
    • Loan period: until the fund runs out
  • Application and Inquiries
    • Financing Support Team of the Corporate Support Div. of Chungcheongnam-do Province (☎ 041-635-2243) and Chungcheongnam-do Economic Promotion Agency (☎ 041-539-4520)

Corporate Rehabilitation Fund

  • Purpose
    • To provide financial assistance to companies that suffered more than 3.0% loss in the sales volume due to a natural disaster, etc. or had difficulties due to labor-management disputes so that they can regain management stability earlier than expected
  • Scale of Support and Eligibility
    • Eilgibility: SMEs (procurement of raw and subsidiary materials, management and technical innovation, commercialization and introduction of technologies, operating funds required to normalize management after a natural disaster, structural reorganization, etc.)
    • Maximum support: up to 500 million KRW per company (1-year deferral term, equal install payments for 2 years)
    • Annual interest rate: 2.6% (variable rate)
  • Application and Inquiries
    • Financing Support Team of the Corporate Support Div. of Chungcheongnam-do Province (☎ 041-635-2243) and Corporate Support Team of the Economy Div. o Hongseong-gun Office (☎ 041-630-1612)