Tohelp small businesses across Incheon prepare against possible closure, aging,and death, the metropolitan government is offering an incentive payment for newsubscribers to the “Yellow Umbrella” mutual fund.
○ Funding Details: KRW 20,000 inthe form of a subscription subsidy for each monthly installment payment to newsubscribers of the Yellow Umbrella mutual support fund (up to 1 year from theday of subscription, maximum KRW 240,000)
○ Funding Period: January 2,2021 ~ Until funding is exhausted
○ Eligibility: Small businessowners with annual sales of less than KRW 300 million in Incheon MetropolitanCity
※Excluded Businesses: Bars (general bars, dancing bars, entertainment barspursuant to the Enforcement Decree of the Food Sanitation Act), dancing halls,casinos/gambling houses, non-medical massage parlors
○ Application Instructions: Applyfor the Incheon Metropolitan City membership incentive and submit supportingdocuments when signing up for the Yellow Umbrella mutual fund.
(If a subscriber in 2019 or 2020 applies for and receives the incentive, it isnot eligible for a renewal application)
○Inquiries and Applications: Yellow Umbrella Customer Center ( ☎1666-9988), subscription counters at financial institutions, Korea Federationof SMEs - Incheon Regional Headquarters (032-437-8706)
※Financial institutions: Hana, DGB, Kwangju, Busan, Kyongnam, Kookmin, IBK,Woori, Shinhan, Nonghyup, Jeonbuk, Jeju Bank, Korea Post, Suhyup