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Seoul city to boost funding for small biz support by 60% Updated: 2021-06-16 05:56:47 KST

The city of Seoul does a lot to help small business owners, showing them how to get started, providing them funds and even free professional advice and a new survey suggests it's working.
According to a report by Seoul metropolitan government, businesses that have received help from the city have a 30-percent higher chance of surviving after their first year compared to businesses that have not.
The city's also going to up the number of businesses it supports by 60 percent so it can reach more than 12-hundred firm that have been hit hard by the pandemic.
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