A program to support exports for fast-growing companies based on domestic demand will be launched in earnest.The Small and Medium Business Administration (SMBA) announced on March 11 that it has selected 483 "high-growth (gazelle-type) enterprises" to participate in the "
A gazelle-type company refers to a company whose employment or sales have grown at an average annual growth rate of more than 20% over the past three years.
According to the survey, 57.8% of sales were less than 10 billion KRW, 51.1% of exports were less than 500,000 USD, and 65.4% of companies with less than 50 employees were found to be small companies.By region, 106 companies were selected, including biotechnology companies that manufacture animal diagnostic reagents in the Gyeonggi area, and Ace machines that produce automatic adhesive machines, among the largest metropolitan organizations in the nation. In Incheon, 38 companies including Sewon Meditech Co., Ltd., a medical device maker, and Sensor Tech Co., Ltd., a manufacturer of ultrasonic sensors, were selected.
Companies participating in this project will receive various support such as export promotion, policy funds, research and development, etc. so that they can actively export. According to the company's overseas marketing level, it will be supported by a minimum of 30 million ~ maximum 85 million won per company. In addition to the export subsidy, 500 million won will be provided for research and development fund for two years.In particular, we have relaxed the support limit of up to two-thirds of total business expenses for a single marketing program, so that companies can organize and operate overseas marketing programs tailored to their product characteristics so that they can strengthen their export capabilities.
An official from the Small and Medium Business Administration said, "To strengthen the export capabilities of companies, we will strengthen the practical training, organize conferences, and hold various conferences." "Through this, we will lay the foundations for high growth companies to grow into a global company."