Gyeonggi Province Offers Up to 100 Million Won Support for Shared Facilities and Services in Industrial Complexes

[Suwon Ilbo=Reporter Park No-hun] Gyeonggi Province will provide project funding of up to 100 million won to SME councils and similar organizations that share conference rooms, equipment, commuter buses, and professional services such as lawyers within industrial complexes.

On the 29th, Gyeonggi Province announced that it will recruit participating organizations for the 'Industrial Complex Sharing Economy Activation Project' through April 11.

This project provides project funding when SME councils, cooperatives, and other organizations implement the sharing of idle spaces such as conference rooms, rest areas, and logistics warehouses; sharing of equipment and facilities such as joint rental of expensive equipment or operation of shared commuter buses; sharing of professional services such as lawyers and accountants; and sharing of community and educational platforms among members. The project has been implemented annually since 2018.

According to the project type, two multi-collaboration type organizations and two independent type organizations are expected to be selected. Multi-collaboration type organizations can receive up to 100 million won in project funding, while independent type organizations can receive up to 40 million won.

Multi-collaboration type refers to matching-type projects with project participation or matching investment (support) from basic local governments, private companies, and business councils. Independent type refers to independent project forms by industrial complex management organizations.

Eligible recipients include institutions entrusted with industrial complex management operations in Gyeonggi Province, SME cooperatives with headquarters located in Gyeonggi Province, and other SME councils in industrial complexes or factory-dense areas in Gyeonggi Province.

Gyeonggi Province has 31,110 companies located in 186 industrial complexes. This accounts for 23.3% of all manufacturing companies in Gyeonggi Province and approximately 44.3% of the region's total production output.

The province expects this project to provide new momentum for SMEs in industrial complexes to grow.

Organizations and institutions wishing to participate can submit application documents in person or by mail to the Cluster Promotion Team at the Gyeonggi Economic Science and Technology Promotion Agency.

For more information, check the notice on ezbiz (www.ezbiz.or.kr) or contact the Cluster Promotion Team at the Gyeonggi Economic Science and Technology Promotion Agency (031-776-4824).