[Chungbuk] Chungju City 2026 2nd Small Business Interest Cost Support Program
Small business owners in Chungju who are within 3 years of startup or young entrepreneurs (ages 19-39) can receive support for 3% annual interest on loans for up to 3 years.
- Deadline
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- Region
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This program supports small business owners registered with the tax office in Chungju by covering 3% annual interest on loans for up to 3 years, with a higher loan limit of 50 million KRW for young entrepreneurs. Applications open from September 28, 2026, until the budget is exhausted via the Chungbuk Credit Guarantee Foundation.
3-second summary
- Total Budget: 5 billion KRW
- Interest Support: Covers 3% annual interest on loans up to 50 million KRW per person for up to 3 years
- Young Entrepreneur Exception: Loan limit extended to 70 million KRW
- Loan Period: Up to 5 years lump-sum repayment (No prepayment penalty)
- Application Period: From Sep 28, 2026 (Mon) until funds are exhausted
Eligibility checklist
- Small business owners with a business location in Chungju and registered with the local tax office
- New applicants eligible for loans from Chungju City after receiving guarantee from Chungbuk Credit Guarantee Foundation
- Mining, Manufacturing, Construction, Transport: Companies with fewer than 10 full-time employees
Schedule & how to apply
- Consultation Reservation: Available from Sep 18, 2026 (Fri)
- Main Application: From Sep 28, 2026 (Mon) until funds are exhausted
- Application Method: Via Chungbuk Credit Guarantee Foundation 'Guarantee Dream'
Recommended for
- Recommended for general small business owners in Chungju who started their business within the last 3 years.
- Suitable for young entrepreneurs aged 19-39 who need operating funds.
Frequently asked questions
Who is eligible to apply?
Eligibility requirements: Small business owners with a business location in Chungju and registered with the local tax office; New applicants eligible for loans from Chungju City after receiving guarantee from Chungbuk Credit Guarantee Foundation; Mining, Manufacturing, Construction, Transport: Companies with fewer than 10 full-time employees.
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.