[Gyeongnam] Yangsan City 2026 Q4 Small Business Promotion Fund Support Plan Announcement
Small businesses in Yangsan can receive up to 70 million KRW loans with a 2.5% annual interest subsidy and full coverage of initial credit guarantee fees.
- Deadline
- 마감일 원문 확인
- Region
- 경남
This program provides interest rate subsidies and credit guarantee fee support for small businesses in Yangsan City, offering up to 70 million KRW for business stability funds and up to 50 million KRW for startup funds. Eligible applicants are registered businesses currently operating, while those with suspended operations or local tax arrears are excluded.
3-second summary
- Support Details: Interest rate subsidy (Business Stability Fund up to 70M KRW, Startup Fund up to 50M KRW)
- Interest Rate: 2.5% annual interest subsidy
- Repayment Method: Business Stability (3-year lump sum or 2-year grace + 2-year installments), Startup (2-year grace + 3-year installments)
- Credit Guarantee Fee: Full support for the first year's fee (paid in two installments)
Eligibility checklist
- Small businesses with a business location in Yangsan City that have completed business registration and are currently operating
- Mining, Manufacturing, Construction, Transportation: Companies with fewer than 10 regular employees
- Wholesale/Retail and other service industries: Companies with fewer than 5 regular employees
- Excluded: Industries restricted from guarantees such as finance/insurance or those promoting luxury consumption/speculation
- Excluded: Businesses that have reported suspension/closure or are effectively suspended/closed
- Excluded: Businesses operated by small business owners with outstanding local taxes
- Excluded: Businesses currently receiving support under SME promotion funds
- Excluded: Businesses that received Yangsan City small business promotion funds and whose final loan repayment date was less than 1 year ago
Recommended for
- Recommended for business owners in Yangsan who have been operating for more than 6 months in mining, manufacturing, construction, transportation (under 10 employees) or service industries (under 5 employees).
- Recommended for early-stage startup owners in Yangsan within 6 months of business registration.
Frequently asked questions
Who is eligible to apply?
Eligibility requirements: Small businesses with a business location in Yangsan City that have completed business registration and are currently operating; Mining, Manufacturing, Construction, Transportation: Companies with fewer than 10 regular employees; Wholesale/Retail and other service industries: Companies with fewer than 5 regular employees; Excluded: Industries restricted from guarantees such as finance/insurance or those promoting luxury consumption/speculation.
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.