Targets
Targets : Corporations
- 1. Manufacturing
- 2. IT
- 3. Knowledge Service
Description Subsidy Limit: 12.5 Billion KRW (10 Billion by national subsidy + 2.5 Billion by local subsidy)
| Category | Areas | Type of Subsidy | Scope of Subsidy (ratio of investment amount) | ||
|---|---|---|---|---|---|
| big enterprises | medium enterprises | small enterprises | |||
| New/Expansion (Facilities) | Jeonju, Iksan, Wanju | Facility investment | Up to 5% | Up to 7% | Up to 9% |
| Gunsan | Up to 11% | Up to 19% | Up to 24% | ||
| Other cities/countries | Up to 8% | Up to 11% | Up to 14% | ||
| Transfer from metropolitan areas (Facilities + Site) | Jeonju, Iksan, Wanju | Site | - | Up to 10% | Up to 30% |
| Facilities | Up to 5% | Up to 7% | Up to 9% | ||
| Gunsan | Site | - | Up to 25% | Up to 50% | |
| Facilities | Up to 11% | Up to 19% | Up to 24% | ||
| Other cities/countries | Site | - | Up to 20% | Up to 40% | |
| Facilities | Up to 8% | Up to 11% | Up to 14% | ||
* Upper, Medium and Lower Regions of Balanced Development in Jeonbuk State: Upper Region (none) Medium Region (Jeonju, Gunsan, Iksan, Wanju) Lower Region (other cities & counties). However, Gunsan is a special industrial crisis response region.
Qualification
| Category | existing business place | Investment method | Investment activities | |
|---|---|---|---|---|
| work experience | employment |
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| Metropolitan Region Relocation | More than one year | More than 30 employees |
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- New employment by over 10% of existing full time workers (minimum 10 new employees) * More than 30 new employees for small and medium enterprises, more than 70 new employees for big enterprises. - investment of over 1 Billion KRW, <30 Billion KRW for big enterprises> |
| New Establishment | More than 10 employees |
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| Expansion | ||||
※ For new construction or expansion: It is mandatory to satisfy the requirements to enter intobusiness to maintain or expand existing business places or relevant businesses (the same 3-digit business code).