Citibank, '2021 Hanguk Social Enterprise Awards' Contest... Total Prize Money of 30 Million Won for Outstanding Enterprises

[Asia Economy Reporter Song Seung-seop] Korea Citibank and the social economy platform Synnaraejoop announced that they will hold the '2021 Korea Social Enterprise Awards' contest for one month starting from the 14th.

The Korea Social Enterprise Awards were first established in 2017 to commemorate the 10th anniversary of the Social Enterprise Promotion Act and the 50th anniversary of Citigroup's entry into Korea.

The contest is open to (preliminary) social enterprises operating nationwide. The selection categories are job creation, social innovation, and growth, totaling three categories. One company will be selected in each category, and a total of three companies will be awarded a prize of 10 million KRW each (totaling 30 million KRW).

In the job creation category, companies that have excellent employment growth rates for vulnerable groups and provide quality jobs will be selected. In the social innovation category, companies that create differentiated social value will be chosen. In the growth category, companies demonstrating high growth in business operations and social value creation will be selected.

Applications can be submitted via email to Synnaraejoop until the 14th of next month. The evaluation will be conducted through document review, on-site inspection, and a judging committee composed of experts from various fields. The award ceremony for the winning companies is scheduled to be held on December 14.

This content was produced with the assistance of AI translation services.