The Seoul Metropolitan Government has announced that it will provide emergency financial support to small and medium-sized businesses and small businesses in the Itaewon area that are suffering from a drop in sales following the Itaewon disaster.
The Seoul Metropolitan Government operates the “Itaewon Commercial District Recovery Fund,” a total of 10 billion won, and loans up to 30 million won at a fixed interest rate of 2.0% to 2,409 small businesses and small and medium-sized enterprises operating store-type businesses in Itaewon 1 and 2-dong. He said he would give.
Applications can be made from the 28th to December 14th at Shinhan Bank Itaewon Branch, IBK Bank Itaewon Branch, Hana Bank Itaewon Branch, Woori Bank Hannam-dong Financial Center, and Seoul Credit Guarantee Foundation Yongsan Branch.
Funds will be paid sequentially to selected small businesses until December 28th.
Detailed information, such as required documents, can be found through the Seoul Credit Guarantee Foundation Customer Center (1577-6119).
The Seoul Metropolitan Government also announced that it would provide 7 billion won in budget support to the district to help increase sales of small businesses by activating the use of regional love gift certificates.
The city explained that it is discussing with Yongsan-gu about the specific plan, which is to give benefits such as point payment to citizens who use gift certificates at small businesses in Itaewon 1 and 2-dong.
In addition, the city requested the National Assembly to promptly process the amendment to the Small Business Act, which includes 'in case of a decrease in operating profits due to investigations at disaster sites and creation of memorial spaces' in order to prepare a legal basis for direct support for small businesses in Itaewon. It is a policy.
In addition, we plan to propose a revision of the 'Enforcement Decree of the Framework Act on Disaster and Safety Management' to increase the scope of the disaster management fund to be used for supporting local merchants, as well as the Ministry of Public Administration and Security.
According to the city, sales of small business owners in the area in the second week of this month decreased significantly compared to the fourth week of last month, before the disaster, down 61.7% in Itaewon 1-dong and 20.3% in Itaewon 2-dong, respectively.