Startup Ministry widens electricity subsidy eligibility for small business owners
Published: 08 Jul. 2024, 19:30
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- KIM JU-YEON
- kim.juyeon2@joongang.co.kr
![An electricity meter installed near a traditional market measures the amount of electricity consumption.[YONHAP]](https://koreajoongangdaily.joins.com/data/photo/2024/07/08/6a12971c-bd3b-4ea6-b155-c2f73e2096f1.jpg)
An electricity meter installed near a traditional market measures the amount of electricity consumption.[YONHAP]
An electricity meter installed near a traditional market measures electricity consumption.
The Ministry of SMEs and Startups said Monday that it would extend the eligibility criteria for its electricity fee subsidy for small business owners, effective from the same day. Originally, only small business owners who earned less or equal to 30 million won ($21,700) in revenue in a year could apply. This has been extended to small business owners who earn less or equal to 60 million won in a year.
with the Korea JoongAng Daily
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