# Gunpo City small business and manufacturing support > Live situation record from CLSTR: https://clstr.news/situations/gunpo-city-small-business-and-manufacturing-support > Updated: 2026-10-27T02:12:13.000Z. Sources: 2. Developments: 2. Gunpo City has implemented various initiatives to bolster its local small and medium-sized enterprises (SMEs) and manufacturing sector. Through the ‘2026 Southeast Asia Market Development Group’, the city facilitated export expansion for local companies in Vietnam and Indonesia. This program resulted in approximately $1.18 million in potential contracts and several Memorandums of Understanding for companies specializing in power distribution equipment, cosmetics, and diagnostic kits. The city intends to expand this program to more companies and target countries in the coming year. Additionally, local manufacturing innovation has received national recognition. At the ‘2026 Korea Small Business Convention’, CEOs from Kumho Hi-Tech and S&C Engineering received Presidential and Ministerial commendations, respectively. These awards recognized their contributions to smart manufacturing innovation and component localization. The city continues to provide field-oriented support, including customized consulting and smart manufacturing assistance, to enhance local enterprise competitiveness. ## Timeline ### 2026-10-27: Gunpo small manufacturers receive presidential and ministerial awards Two Gunpo-based companies, Kumho Hi-Tech and S&C Engineering, received presidential and ministerial awards for excellence in smart manufacturing and component localization. 2 sources. https://clstr.news/cluster/gunpo-small-manufacturers-receive-presidential-and-ministerial-awards ### 2026-10-12: Gunpo City SMEs secure $1.18 million in Southeast Asian export contracts Gunpo City SMEs achieved $1.18 million in potential export contracts following a market development mission to Vietnam and Indonesia involving power equipment, cosmetics, and diagnostic kit sectors. 2 sources. https://clstr.news/cluster/gunpo-city-smes-secure-118-million-in-southeast-asian-export-contracts --- Cite as: Gunpo City small business and manufacturing support. CLSTR, https://clstr.news/situations/gunpo-city-small-business-and-manufacturing-support