Applications Accepted on Hope Return Package Website Until the 7th

The 'Hope Return Package Rechallenge Education' program, which has produced over 2,000 graduates nationwide and targets closed small business owners, will continue in Ulsan.


The Credit Guarantee Foundation Central Association announced on the 4th that, together with the Regional Credit Guarantee Foundations, it will hold the '4th Rechallenge Education' for small business owners in Ulsan at 'Cafe Ssoom' in Ulsan for two days from the 10th to the 11th.


The Rechallenge Education program has been run free of charge nationwide since March to support the comeback of closed small business owners. As of the end of last month, the number of graduates has surpassed 2,000.

Credit Guarantee Foundation Central Association logo. Credit Guarantee Foundation Central Association

Credit Guarantee Foundation Central Association logo. Credit Guarantee Foundation Central Association

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Graduates of the Rechallenge Education program become eligible for the “Rechallenge Support Special Guarantee” of up to 50 million won after passing a guarantee review conducted by the regional foundation where their business is located. They also gain eligibility to apply for the Rechallenge Special Fund and Restart Business Fund provided by the Small Enterprise and Market Service. However, support is limited for those engaged in restricted businesses or who have delinquencies in principal and interest payments or overdue national taxes.


The first 40 graduates to register will be offered one-on-one, customized advanced education programs in areas such as marketing, risk management, and laying the groundwork for a new business.


Applications for this session can be submitted through the Hope Return Package website until the 7th. The one-on-one customized advanced education programs will be accepted through the Credit Guarantee Foundation Central Association and each regional foundation until the end of October. The final, 5th session of the education program is scheduled to be held from November 12th to 13th.



Won Youngjun, Chairman of the Credit Guarantee Foundation Central Association, stated, "We will continue to spare no effort to fully support small business owners in their efforts to get back on their feet."


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