Wadiz Seeks Small Business Owners to Participate in ‘Startup Funding Support Program’

May 8, 2024 | Wadiz News

– Ministry of SMEs and Startups partners with the SME Distribution Center to launch a program supporting the growth of 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 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 the Small Business Online Shopping Mall Sales Support Project operated by the Ministry of SMEs and Startups and the Small and Medium Business Distribution Center. Through this initiative, 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 benefit from sales growth through various initiatives, including educational programs 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 conclusion of their funding projects.

Any small business owner with a business registration number is eligible to participate. To participate, applicants must first register as a corporate member on the Panpan Daero (fanfandaero.kr) website, operated by the Small and Medium Business Distribution Center, and then apply for the Online Shopping Mall Sales Support Program to be selected.

Wadiz Executive Vice President Choi Dong-cheol stated, “While crowdfunding is an essential step for small business owners to expand their sales channels, many startups face challenges such as insufficient funds or 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 sales channels.”

Meanwhile, Wadizhas participated for three consecutive years in the online shopping mall sales support program operated by the Ministry of SMEs and Startups and the Small and Medium Business Distribution Center, and through this support, approximately 240 companies have achieved cumulative crowdfunding proceeds of over 3.6 billion won.

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