– Ministry of SMEs and Startups Partners with the Small and Medium Business Distribution Center to Launch a Growth Support Program for Small Business Owners
– Benefits include the creation of a product detail page or advertising and marketing services worth 2 million won, crowdfunding training and participation in special promotional events, and sales channel support for outstanding companies
Life Design funding platform Wadizannounced on the 8th that it is recruiting 150 small business teams to participate in its startup funding support program.
This program is part of a sales support initiative for small business owners’ online stores, operated by the Ministry of SMEs and Startups and the Small and Medium Business Distribution Center. Wadizsupports small business owners in launching and succeeding with crowdfunding campaigns, thereby assisting early-stage entrepreneurs who face challenges in securing funding and attracting customers.
The 150 selected companies will receive product page design or advertising and marketing services worth 2 million won. In addition, they will receive support to boost sales growth through benefits such as training to enhance their understanding of crowdfunding, guaranteed participation in special promotional events for the support program, and sales channel support for outstanding companies following the completion of their funding projects.
Any small business owner with a business registration number is eligible to participate. To participate, you must first register as a corporate member on the Panpan Daero website (fanfandaero.kr), operated by the Korea SME Distribution Center, and then apply for the Online Shopping Mall Sales Support Program to be selected.
Wadiz Vice President Choi Dong-cheol stated, “While crowdfunding is an essential step for small business owners to expand their market reach, many startups face challenges such as insufficient funds or a lack of manpower during the preparation and promotion phases.” He added, “I hope this support program will be of great help to small business owners and startups in expanding their market reach.”
Meanwhile, Wadizhas participated for three consecutive years in the online shopping mall sales support program run by the Ministry of SMEs and Startups and the Korea SME Distribution Center, and through this support, approximately 240 companies have achieved cumulative crowdfunding proceeds of over 3.6 billion won.
