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[Jeonnam-Gwangju] 2026 Jeollanam-do SME Development Fund Support Plan 3rd Amendment Notice

Companies established less than 7 years ago can use the limit regardless of sales revenue, with interest support up to 2.5%p.

Support
510 billion KRW
Eligible
General Business Stability Funds
Deadline
마감일 원문 확인
Region
광주

Supports small and medium enterprises operating in Jeollanam-do for over 3 months with working capital and emergency business stability funds. Interest subsidies (1.1-2.5%p) and usage limits (e.g., 300 million KRW for general, 600 million KRW for preferential) apply, with quarterly or semi-annual application periods.

3-second summary

  • Total Budget: 510 billion KRW
  • Interest Subsidy: General 2.0-2.5%, Preferential 1.1-1.4% (Borrower's rate varies by creditworthiness)
  • Usage Limit: 300 million KRW for general, 600 million KRW for preferential (within 100% of sales revenue)
  • Repayment Terms: 2-year grace period with lump-sum repayment or 2-year grace period with 2-year installment repayment

Eligibility checklist

  • SMEs with a business location in the province operating for more than 3 months
  • Manufacturing industries (Korean Standard Industrial Classification codes 10111-34020)
  • Service industries related to manufacturing and knowledge-based service industries
  • Social economy enterprises in the province (social enterprises, village enterprises, cooperatives, self-supporting enterprises)
  • Export-oriented SMEs (including indirect exporters)
  • Enterprises using Credit Guarantee Fund or Technology Credit Guarantee Fund as collateral (for agreement funds)

Schedule & how to apply

  • Application Period: Quarterly acceptance (Business Stability Funds), Semi-annual acceptance (Policy Funds)
  • Application Method: Submit required documents including fund application form and loan consultation confirmation

Recommended for

  • Recommended for SME owners in Jeollanam-do engaged in manufacturing or export businesses facing financial difficulties.
  • Suitable for startup CEOs under 7 years old who have limited sales records but high growth potential.

Frequently asked questions

Who is eligible to apply?

This program is for General Business Stability Funds. Details: SMEs with a business location in the province operating for more than 3 months; Manufacturing industries (Korean Standard Industrial Classification codes 10111-34020); Service industries related to manufacturing and knowledge-based service industries; Social economy enterprises in the province (social enterprises, village enterprises, cooperatives, self-supporting enterprises).

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.

How much support is provided?

Support scale: 510 billion KRW.

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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