This app is a guide for applying for small business support grants (including the Burden Reduction Credit and the Hope Return Package). It provides information on eligibility requirements, calculators, application methods, and frequently asked questions.
This app is a personal guide developed based on official policy information released by the government and public institutions.
- What is Burden Reduction Credit?
The Burden Reduction Credit program provides credit (digital points) of up to KRW 500,000 to small business owners with annual sales of KRW 300 million or less, which can be used to pay utility bills (electricity, gas, and water) and the four major insurance premiums. This program was implemented to alleviate the burden of fixed costs.
This program provides credit of up to KRW 500,000 to small business owners with annual sales of KRW 0 to KRW 300 million or less in 2024 or 2025, which can be used to pay utility bills (electricity, gas, and water) and the four major insurance premiums.
- What is the Hope Return Package?
The Hope Return Package is a comprehensive program that provides business restructuring, including store demolition and closure consulting, as well as support for re-establishment and re-employment for small business owners who are (or will be) closing down.
Applications can be made through the Small Business Market Promotion Agency (SEMA), and the program aims to help businesses find stable new opportunities and restore their livelihoods.
This app was created using materials licensed under the Public Domain Type 1 (attribution, commercial use permitted, modification permitted) and is an individual application. This app does not represent any government or political entity.
[Disclaimer]
- This app does not represent any government or government agency.
- This app was created by an individual to provide quality information and assumes no liability.
[Information Source]
- Government24 Policy News: https://www.gov.kr/portal/gvrnPolicy/view/H2507000001204587?policyType=G00301
- Ministry of SMEs and Startups website (Notice of Implementation of the "Small Business Burden Reduction Credit Support Project"): https://www.mss.go.kr/site/smba/ex/bbs/View.do?cbIdx=310&bcIdx=1059754&parentSeq=1059754
- Small Business Burden Reduction Credit website (Frequently Asked Questions): https://credit.sbiz24.kr/board-faq
※ Note: In South Korea, official government websites use the domain ".go.kr", not ".gov". Example: https://www.gov.kr, https://www.mss.go.kr
Notice (English)
This application is not affiliated with or endorsed by any government or political organization.
Official sources are clearly linked within the app (e.g., https://www.gov.kr, https://www.mss.go.kr).
The purpose of this app is to help users conveniently access public information that is already open to the public.
This app does not represent any government or political organization. The information provided in the app is based on publicly available data and provides useful and convenient services to help users easily find the information they need.