Chungbuk Moves to Support SME Cooperatives, Aiming to Strengthen Business Competitiveness

Chungbuk Province is moving to support the activation of small and medium-sized enterprise cooperatives. The province plans to shift beyond support policies centered on individual companies and strengthen organizational foundations that allow SMEs to collaborate, with the aim of improving competitiveness. SME cooperatives are collaborative bodies through which individual companies can jointly address issues that may be difficult to handle alone. Chungbuk is expected to focus on expanding the cooperative base among local SMEs through this support. The move comes as the need for business solidarity and joint responses continues to grow. Source: yna.co.kr