On the 22nd May, the 11th annual Small and Medium Business Excellence Awards ceremony was held in the Jeonju Riviera Hotel.
The Korean Federation of Small and Medium Businesses, whose headquarters is located in Jeollabuk-do, hosted the awards ceremony. The ceremony aims to support the creation of jobs and the expansion of sales for companies and the organizers offer awards in five different business categories.
The Small and Medium Business Excellence Leadership Award is given to a business leader who was able to successfully manage their company in the midst of a difficult economic situation, while creating jobs and reviving the local economy.
The companies that are selected as Excellent Small and Medium Business leaders receive benefits, including an improvement grant, five years of support for overseas exports and the chance to attend international exhibitions.