Korea's Small Business Association Hosts Policy Meeting with Mayor Min Hyung-bae

The Small Business Association of Korea conveyed various concerns of small businesses to Min Hyung-bae, the Mayor of Gwangju.

On November 12, at the Holiday Inn Gwangju, the "Policy Meeting with Mayor Min Hyung-bae for Small Business Owners" was attended by Kim Gi-moon, president of the Small Business Association, Mayor Min, Park Jong-chan, head of the Gwangju-Jeonnam Small and Medium Business Administration, and over 30 representatives from government agencies and local cooperatives to discuss ways to revitalize the local economy.

Prior to the meeting, the Small Business Association and the Gwangju city government agreed to jointly establish and operate an "Investment Attraction Help Desk" to support the smooth relocation and investment of outstanding small and medium-sized enterprises through a memorandum of understanding (MOU).

The two organizations plan to provide practical information and support to companies hesitant to relocate, leveraging the Association's nationwide network and expertise in attracting investments, thereby maximizing synergies with the city's mega-projects.

During the policy meeting, they shared the results of a survey on local small businesses regarding the launch of the integrated special city and proposed 11 key initiatives, including collaboration opportunities for small businesses related to mega-projects and energy cost support for a joint logistics center for small merchants.

Kim Gi-moon emphasized, "Through this MOU, we will focus our efforts on the Investment Attraction Help Desk to help overseas and metropolitan companies find new growth opportunities and invest in Gwangju."

Mayor Min Hyung-bae stated, "I will actively reflect the suggestions received during the meeting into city policies to create an integrated special city that grows together with local small businesses."

Meanwhile, the Small Business Association was established in 1962 under Korea's first small business promotion policy to represent the interests of 8.5 million small businesses and promote balanced economic development.