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2 clusters · 5 sources · 8 days · First seen · Last updated

Categories: BUSINESS

Busan municipal small‑business aid

Entities: Kkulggok House · Mayor Jeon Jae‑su · Busan Economic Promotion Agency · Honeybrew Food · Kukul‑House

Overview

In late July 2026 Busan city expanded its effort to help local small enterprises. On 21 July, the city announced that the rent‑discount program for tenants of shared public properties would be prolonged until year‑end, maintaining up to a 50 % reduction (capped at 20 million KRW) for roughly 2,800 eligible businesses.

A week later, on 29 July, Busan and the Busan Economic Promotion Agency released the list of ten “Star Small Businesses” selected for the 2026 cohort. The firms—chosen from 336 applicants—will receive a 20 million‑won grant, consulting, assistance with national grant applications, marketing support and preferential loan‑guarantee rates, aiming to boost their growth domestically and abroad.

Timeline

  1. 1 day ago

    [BUSINESS] 3 sources
    Busan selects 10 star small businesses for growth support

    Busan city chose ten star small businesses from 336 applicants, granting each 20 million won, consulting and marketing support to boost growth and market reach.

  2. 9 days ago

    [BUSINESS] 3 sources
    Busan Extends 50% Rent Discount for Small Businesses to Year‑End

    Busan will keep its rent‑discount scheme for about 2,800 small businesses, cutting fees up to 50% (max 20 m KRW) until year‑end, with an estimated 70 billion KRW benefit.

Sources

d-cuba.com · localsegye.co.kr · m.imaeil.com · news.heraldcorp.com · stv.seoul.co.kr