[Gyeonggi] Pyeongtaek City Youth Startup Special Guarantee and Interest Subsidy Support Revised Notice
Young entrepreneurs aged 19-39 in Pyeongtaek can receive special guarantees up to 50 million KRW and a 2% interest subsidy for businesses established within 7 years.
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This program offers continuous support for young entrepreneurs (aged 19-39) with businesses established within the last 7 years located in Pyeongtaek City. It provides special guarantees up to 50 million KRW per company and subsidizes 2% of loan interest for one year, with applications accepted at the Gyeonggi Credit Guarantee Foundation Pyeongtaek Branch.
3-second summary
- Target: Young entrepreneurs (aged 19-39) with businesses established within 7 years located in Pyeongtaek City
- Special Guarantee: Up to 50 million KRW per company, loan period 1-5 years
- Interest Subsidy: 2% of loan interest supported for 1 year
- Application Period: Continuous acceptance
Eligibility checklist
- Excluded if the representative is classified as a delinquent borrower by financial institutions
- Excluded if the business premises or representative's residence is under seizure, provisional attachment, injunction, or auction proceedings
- Excluded if there are unpaid national or local taxes
- Excluded for tobacco, entertainment, or gambling-related industries
- Excluded for real estate rental, development, etc. (except real estate brokerage)
- Excluded for finance (including insurance) industries
- Excluded for professional occupations (doctors, veterinarians, accountants, etc.)
- Excluded if applied through false or other fraudulent methods
Schedule & how to apply
- Application Period: Continuous acceptance
- Reception Points: Gyeonggi Credit Guarantee Foundation Pyeongtaek Branch (Special Guarantee), NH Nonghyup, KB Kookmin, Hana, Shinhan Banks (Interest Subsidy)
Recommended for
- Recommended for young representatives aged 19 to 39 who have operated their business in Pyeongtaek City for less than 7 years since establishment.
Frequently asked questions
Who is eligible to apply?
Eligibility requirements: Excluded if the representative is classified as a delinquent borrower by financial institutions; Excluded if the business premises or representative's residence is under seizure, provisional attachment, injunction, or auction proceedings; Excluded if there are unpaid national or local taxes; Excluded for tobacco, entertainment, or gambling-related industries.
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.