The Busan Metropolitan Government (Mayor Park Heong-joon) announced the full-scale launch of the 2025 Emergency Overseas Branching Support Program for Demand-Responsive SMEs to address the urgent needs of companies in the final stages of entering foreign markets.
In collaboration with the Busan Economic Promotion Agency (President Song Bok-chul), the city will implement the program twice in 2025—in May and October—to promptly respond to the urgent overseas marketing demands of local SMEs preparing for export.
The Emergency Overseas Branching Support Program for Demand-Responsive SMEs is a short-term intensive support initiative designed to help local SMEs immediately respond to unforeseen circumstances such as sudden overseas business trips or the need for logistics and customs consulting.
Emergency Overseas Branching:
A tailored support initiative that provides intensive short-term assistance to SMEs facing unexpected challenges—such as language barriers, local legal issues, or contract problems—at the verge of export or contract finalization.
Eligible companies include Busan-based SMEs whose export volume in the previous year was less than USD 30 million (KRW 41.9 billion).
Through KOTRA’s overseas trade offices, the program offers hands-on support for participating SMEs in their growth phase, including:
●Participation in exhibitions
●Consulting on logistics and customs clearance
●Support for overseas business trips
●Acquisition of local licenses
Interested companies may apply through the city’s Integrated Overseas Marketing System (trade.bepa.kr) between May 21 and June 4, referring to the official announcement posted on the site.
Detailed information about the program is available at the Overseas Branching Program website (www.exportvoucher.com/jisahwa).
For further inquiries, please contact the Busan Economic Promotion Agency at 051-600-1766 or the KOTRA Busan Support Group at 051-740-4142.
Kim Bong-cheol, Assistant Mayor of Digital Economy Office, stated,
“We hope this emergency support program will help companies in the final stages of export receive timely and practical assistance in entering global markets more swiftly and efficiently,”
adding,
“We will continue to expand tailored overseas marketing policies that reflect the on-the-ground needs of businesses.”
This content has been translated by AI. Please refer to the attached original Korean version for accuracy if needed.
Translated by AI
Link to Busan press releases in Korean