[Gyeongnam] Gimhae City 2026 Second Half Small Business Development Fund Support Plan Announcement
Small business owners in Gimhae City can receive loans up to 50 million KRW with a 2.5% annual interest subsidy and additional rate reductions from IBK Enterprise Bank
- Eligible
- Small business owners with registered businesses in Gimhae City
- Deadline
- 마감일 원문 확인
- Region
- 경남
Supports small business owners in Gimhae City with startup funds (up to 50 million KRW) and management stabilization funds, including interest subsidies and partial credit guarantee fee support. Applications can be submitted online via the Guarantee Dream App or through reservations for in-person consultations at the foundation.
3-second summary
- Target: Small business owners registered in Gimhae City
- Startup Fund: Within 6 months of registration, limit 50 million KRW, lump-sum repayment after 2 years
- Management Stabilization Fund: Over 6 months since registration, 2-year grace period followed by 1-3 year installment repayment
- Interest Subsidy: General 2.5% annually for 2 years, Special Support (Good Price Shops etc.) 3% annually for 2 years
- Credit Guarantee Fee: 50% support for the first year's fee
Eligibility checklist
- Small business owners with registered businesses located in Gimhae City
- Mining, Manufacturing, Construction, Transportation: Companies with fewer than 10 regular employees
- Other industries: Companies with fewer than 5 regular employees
- Excluded: Financial/Insurance sectors and industries promoting luxury consumption or speculation (restricted guarantee targets)
- Excluded: Companies that have reported suspension/closure or are effectively suspended/closed
- Excluded: Companies operated by small business owners with unpaid local taxes
- Excluded: Companies currently receiving Gimhae City Small Business or SME Development Funds
- Excluded: Companies less than one year past repayment of Gimhae City Small Business Development Funds
Schedule & how to apply
- First Round Start: Sep 16 (Wed) 09:00 (via Guarantee Dream App)
- Second Round Start: Sep 30 (Wed) 09:00
- Application Method: Individual/Corporate businesses apply online; Joint businesses reserve in-person consultation
- Exception: Individuals aged 55+ with digital difficulties may apply in person with ID
Recommended for
- Recommended for new entrepreneurs or existing small business owners in Gimhae City needing financial stability.
- Beneficial for those eligible for special support, such as Good Price Shops, families with multiple children, tenants in youth malls, and young entrepreneurs.
Frequently asked questions
Who is eligible to apply?
This program is for Small business owners with registered businesses in Gimhae City. Details: Small business owners with registered businesses located in Gimhae City; Mining, Manufacturing, Construction, Transportation: Companies with fewer than 10 regular employees; Other industries: Companies with fewer than 5 regular employees; Excluded: Financial/Insurance sectors and industries promoting luxury consumption or speculation (restricted guarantee targets).
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.