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[Busan] 2026 2nd Machinery-Parts Industry Export Activation Support Project: High Oil Price Response Raw Material Purchase Support

We support up to 50% of the price increase for essential raw materials to alleviate the burden of high oil prices.

Deadline
마감일 원문 확인
Region
부산

Supports up to 50% of the increased cost for purchasing essential raw materials and parts for manufacturing companies headquartered or with factories in Busan (with revenue under 30 billion KRW). Applications are accepted via visit, mail, or email until the budget is exhausted.

3-second summary

  • Target: Manufacturing companies with HQ/factory in Busan (Revenue ≤ 30B KRW)
  • Support: Up to 50% of increased costs for essential raw/auxiliary materials
  • Period: Until budget exhaustion
  • Method: Visit, Mail, Email submission

Eligibility checklist

  • Manufacturing companies with headquarters and factories located within Busan Metropolitan City as of the application date
  • Companies in manufacturing sectors (C24~29, 30, 31, 32, 58, 72)
  • Companies with annual revenue of 30 billion KRW or less (based on 2025)

Schedule & how to apply

  • Application Period: Until budget exhaustion
  • Application Method: Visit, Mail, Email submission

Recommended for

  • Recommended for CEOs of manufacturing companies with revenue under 30 billion KRW, based in Busan, who are struggling with rising raw material costs due to high oil prices.

Frequently asked questions

Who is eligible to apply?

Eligibility requirements: Manufacturing companies with headquarters and factories located within Busan Metropolitan City as of the application date; Companies in manufacturing sectors (C24~29, 30, 31, 32, 58, 72); Companies with annual revenue of 30 billion KRW or less (based on 2025).

How do I apply?

Applications follow the official program notice, which is in Korean. See the source link for the method and receiving office; Beaconoi can prepare an English draft for your review.

Last updated · Source: official program notice

※ Program information is compiled from each institution’s public sources; actual eligibility, amounts and deadlines may change. Always verify against the official notice (in Korean) before applying.

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