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South Korea Hosts Networking Event for Growing SMEs in 'Jump-up' Program
๐Ÿ‡ฐ๐Ÿ‡ท South Korea /Economy & Trade

South Korea Hosts Networking Event for Growing SMEs in 'Jump-up' Program

From Chosun Ilbo · () Korean

Translated from Korean, summarized and contextualized by DistantNews.

At a glance

News Official statement New plan
  • The Ministry of SMEs and Startups and the Small and Medium Business Corporation held a networking event for the second cohort of the 'Jump-up' program.
  • The event took place over two days at the SMBG Gangwon Training Center in Taebaek, Gangwon Province.
  • The 'Jump-up' program supports promising small and medium-sized enterprises (SMEs) with over seven years in operation for three years through specialized directing, business funding, networking, and policy linkage.

South Korea's Ministry of SMEs and Startups (MSS) and the Small and Medium Business Corporation (SMBC) hosted a 'Networking Day' event to foster collaboration and gather feedback from companies participating in the second cohort of the 'Jump-up' program. The two-day event was held at the SMBC Gangwon Training Center in Taebaek, Gangwon Province.

The 'Jump-up' program is a key initiative designed to support the growth of established small and medium-sized enterprises (SMEs) and mid-sized companies that have been in operation for at least seven years. Over a three-year period, participating companies receive comprehensive support, including specialized business directing, funding for commercialization, networking opportunities, and connections to relevant government policies.

This networking event specifically aimed to enhance exchange and build connections among the second cohort of 'Jump-up' program participants. By bringing together these promising businesses, the MSS and SMBC aim to create a dynamic ecosystem where companies can share insights, forge partnerships, and collectively drive innovation and growth within the SME sector.

DistantNews Editorial

Originally published by Chosun Ilbo in Korean. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.