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Seoul BroadCasting News

  • Seoul city to boost funding for small biz support by 60%

  • Seoul BroadCasting News SMG 19646

    The city of Seoul does a great deal to help small business owners, showing them how to get started, giving them funds and professional advice and a new survey suggests that it’s working.

    According to a report by Seoul city government, businesses that have received help from the city have a 30-percent higher chance of surviving after their first year compared to businesses that have not.

    Now the city’s going to increase the number of businesses it supports by 60 percent so it can reach more than 12-hundred that have been hit hard by the pandemic.