Putting on Hwashin bolt’s name as the prestigious longevity corporation
Supporting overseas marketing for 4 years as a customized package
Ministry of SMEs and Startups(MSS) announced in 23rd that they have appointed 15 Busan companies as ‘2019 global small hidden champion.
‘Global small hidden champion rearing enterprise’ is pushing ahead in order to develop small businesses which will lead the world market into global leading enterprise of middle standing which makes over 5 million dollars of export.
Especially Hwashin bolt which was selected as the MSS prestigious longevity corporation last year seems outstanding. The Ever Blue Sea co., ltd. which was selected as ‘Busan hidden champion’ in 2017 settled down as ‘global small hidden champion’ through reinforcing corporation capability which is one step high from the growth ladder.
The corporation selected receives customized package supports provided from MSS, Busan and private financial institution for 4 years.
First, through giving preference of selection in technology development enterprise and support of oversea marketing(for 4 years, 200 million won), MSS helps developing new products and expanding to overseas.
On a national scale, there were 200 corporations selected as promising company.
There are almost 50 companies for 8 years selected as ‘global small hidden champion’ in Busan. Among these, two corporations(4%) developed as a world class company with over 175 billion won as average total sales.