[Busan] 2026 4th Social Solidarity Economy Youth Work Experience Program - Participating Company Recruitment
Social solidarity economy companies in Busan with fewer than 10 employees can receive up to KRW 2.34 million per month for youth wages, plus insurance and operational support.
- Eligible
- Village enterprises, cooperatives, and non-profit organizations in the social solidarity economy with fewer than 10 employees
- Deadline
- Closed
- Region
- 부산
This program supports youth work experience costs for social solidarity economy entities in Busan, including post-payment of wages (up to KRW 2.34 million/month), employer's share of the four major insurances, and operational expenses. Applicants must have a business registration in Busan as of the application date and demonstrate actual management activities within the last six months; failure to submit required documents results in disqualification.
3-second summary
- Target: Social solidarity economy entities in Busan with fewer than 10 employees
- Wage Support: Up to KRW 2.34 million/month (based on hourly wage of KRW 11,188, paid retroactively for 5 months)
- Insurance Support: Employer's share of four major insurances (capped at 11.47%, paid retroactively for 5 months)
- Operational Support: Monthly company operation cost of KRW 200,000 and mentor allowance of KRW 150,000 (paid retroactively for 5 months)
Eligibility checklist
- Village enterprises under the Act on Support for Village Enterprises
- Cooperatives under the Framework Act on Cooperatives
- Non-profit corporations/organizations in the social solidarity economy with fewer than 10 employees
- Business registration in Busan City as of the application date
- Confirmation of actual management activities within the last 6 months
Recommended for
- Recommended for representatives of social economy organizations operating in Busan with fewer than 10 employees.
Frequently asked questions
Who is eligible to apply?
This program is for Village enterprises, cooperatives, and non-profit organizations in the social solidarity economy with fewer than 10 employees. Details: Village enterprises under the Act on Support for Village Enterprises; Cooperatives under the Framework Act on Cooperatives; Non-profit corporations/organizations in the social solidarity economy with fewer than 10 employees; Business registration in Busan City as of the application date.
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.