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Busan Metropolitan City to Recruit Participating Enterprises for the “2026 (Preliminary) Social Enterprise Job Creation Program”

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Busan Metropolitan City (Mayor Park Heong-joon) announced that it will implement the “2026 (Preliminary) Social Enterprise Job Creation Program” to help build a foundation for social enterprises to stand on their own and to create jobs for vulnerable groups, and that it will begin recruiting participating enterprises starting today (23).

The city plans to support wage costs for newly hired workers from vulnerable groups at social enterprises that pursue social values and contribute to local communities, thereby helping these enterprises establish a basis for self-reliance and enabling them to provide a variety of new job opportunities for vulnerable groups.

Eligible participants are certified social enterprises or preliminary social enterprises based in Busan with fewer than 30 regular employees. However, enterprises with 30 or more employees may also apply exceptionally if they have received an “Excellent” or “Very Good” rating in the Social Value Index (SVI) assessment.

Enterprises that have already received support for the maximum eligible period through the previous job creation program, or those that do not employ at least one paid worker (self-employed worker), will be excluded from participation.

Busan Metropolitan City plans to invest a total of KRW 2.14 billion and provide support ranging from KRW 500,000 to a maximum of KRW 900,000 per month per selected enterprise, depending on the Social Value Index (SVI) assessment rating.

Selected enterprises will receive differentiated wage support for newly hired workers from vulnerable groups according to their Social Value Index (SVI) rating.

Monthly support amounts are KRW 900,000 for Excellent enterprises, KRW 700,000 for Very Good enterprises, and KRW 500,000 for enterprises rated Good or lower as well as those that did not participate in the assessment. Payment is made if the relevant worker is retained in employment for at least six months.

Final selection of supported enterprises will be made in April through a preliminary review of submitted documents and in-person evaluations by a panel of expert reviewers.

The program announcement can be found on the Busan Metropolitan City website under Notices and Announcements (busan.go.kr/nbgosi). Applications to participate may be submitted online from today (23) through Mar. 10 via the Integrated Project Management System on the Social Enterprise Portal (seis.or.kr).

For further details, please contact the social enterprise department of your district or county office, or the Small Business Support Division of Busan Metropolitan City at 051-888-4768.

Kim Bong-cheol, Assistant Mayor of Digital Economy Office, said, “I hope this financial support will serve as a catalyst to ease the management burden on social enterprises facing difficulties amid the economic slowdown and to provide quality jobs for vulnerable groups.” He added, “We will continue to actively support enterprises that create social value so they can build sustainable capacity.”