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Busan Metropolitan City and Busan Economic Promotion Agency to Hold “On-site Briefings on Glocal Commercial District Revitalization and Small Business Support Programs”

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Busan Metropolitan City (Mayor Park Heong-joon) and the Busan Economic Promotion Agency (President Song Bok-cheol) announced that they are holding district- and county-level on-site briefings on the “Glocal Commercial District Revitalization and Small Business Support Programs” to strengthen the competitiveness of local commercial districts and stabilize the management of small businesses.

This briefing series is jointly organized by Busan Metropolitan City and the Busan Economic Promotion Agency, and is designed to directly visit each district and county to provide comprehensive guidance on glocal commercial district revitalization policies and small business support programs.

The glocal commercial district revitalization project designates 30 commercial district revitalization zones and provides up to 10 billion KRW in support per zone for up to five years by 2030.

In addition to hardware support such as the development of hub spaces, the city plans to provide comprehensive support for software initiatives including themed programs and experiential content, with the aim of cultivating representative commercial districts centered on experience-based consumption.

At the briefing sessions, key initiatives will be introduced focusing on four major areas: regional commercial district revitalization, small business growth support, social safety nets for small businesses, and policy financing for small businesses.

The Busan Economic Promotion Agency, the Busan Credit Guarantee Foundation, and the Busan Intellectual Property Center will participate to explain the direction of project implementation and the main support measures.

Following the presentations, on-site question-and-answer sessions and feedback collection will be conducted to hear the opinions of small business owners. Individual consultations will also be provided to explain program details and application procedures.

The briefing series began in February and has already been held in Jung-gu, Yeongdo-gu, Buk-gu, Suyeong-gu, and Gijang-gun. Starting today (the 9th) in Saha-gu, on-site communication will continue in the remaining districts and counties.

To improve accessibility for local commercial districts and small business owners, district- and county-level briefings have been operated, and Busan Metropolitan City has previously conducted on-site briefings in some districts. The city plans to continue the traveling briefing series sequentially for the remaining districts and counties as well.

Detailed briefing schedules can be found in the notices section of the Busan Small Business Comprehensive Support Center website at https://bsbsc.kr.

Any interested citizen may attend, including small business owners within the glocal commercial district revitalization zones, alley commercial district communities, and alley-type shopping streets. The city expects the briefings to enhance understanding of the programs and expand participation, thereby strengthening the competitiveness of local commercial districts and supporting stable management for small businesses.

Kim Bong-cheol, Assistant Mayor of Digital Economy Office, stated, “This traveling briefing serves as a platform for communication where we can directly explain major support programs to local commercial districts and small business owners across districts and counties and listen to their opinions on site.” He added, “We will continue to work closely with stakeholders in commercial districts and carry out diverse support measures and efforts so that local commercial districts can regain vitality and provide hope to small business owners.”