Written by 11:21 AM Politics

Jung Won-oh: “Creating a ‘Second Seongsu-dong’ as a Commercial Growth Manager”

Small Business Pledges… One Manager Assigned per Market
AI Support Provided… Up to 10 Million Won in Emergency Funds
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Jeong Won-oh, the Democratic Party’s candidate for Seoul Mayor (center), and candidates for district office heads in Seoul are moving after announcing a pledge to reduce property taxes during a press conference held at the National Assembly in Yeouido, Seoul, on the morning of the 13th./Nam Yong-hee Reporter,

“[The Fact | Reporter Kim Myung-joo] Jeong Won-oh, the Democratic Party’s candidate for Seoul Mayor, announced policies on May 14 aimed at supporting small businesses through the deployment of commercial area growth specialist managers and incorporating AI (artificial intelligence) and digital transformation. The plan is to significantly enhance support for small businesses and develop 20 areas in Seoul into ‘Second Seongsu-dong’.”,

“Candidate Jeong unveiled the pledge titled ‘Seoul, the Robust Partner of Small Businesses’ through SNS that day. The plan is to strengthen on-site support for traditional markets, shopping districts, and local commercial areas, as well as support for digital transformation, business stability, entrepreneurship, business transition, and re-challenges.”,

“Jeong announced the placement of one commercial area growth specialist manager in each market. These managers would provide on-site support for market analysis, store operation improvements, promotions, and expansion of online sales channels. A dedicated commercial area management system will be established for each market, connecting existing support projects and district-specific support systems from implementation planning to project linkage, customer support, and post-management.”,

“Through this initiative, under the project ‘Seoul-Style Brand Commercial Area Development’, 20 spots across Seoul will be developed as ‘Second Seongsu-dong’. Custom growth strategies will be formulated by analyzing factors such as floating population, sales trends, rent levels, and industry changes in each commercial area. Efforts will include linking regional festivals, joint marketing, local brands, and online promotions to create a brand commercial area visited by citizens again. The success know-how of Seongsu-dong will be tapped to discover unique innovation models for each commercial area.”,

“AI and digital transformation support will also be provided. Assistance includes entering online sales channels, reservation and order systems, review management, store promotion, and AI utilization in a one-on-one manner. Digital managers will be sent to expand online sales routes for traditional markets and neighborhood stores. A standard contract system will be introduced during the adoption of digital and smart devices, establishing terms for penalties, termination conditions, and post-management standards.”,

“Small business owners in crisis will receive emergency micro-funds of up to 10 million won. Measures such as low-interest debt refinancing, interest support, debt adjustment consultation, and business diagnosis will assist in rehabilitation. Free clean care services for heating and cooling equipment will be provided, and checks on store management fees will be conducted.”,

“The burdens of starting a business and changing industries will also be reduced. A step-by-step entrepreneurship circulation center will be established to enable purchases of equipment, materials, and furniture at low prices. Finance consultations on taxes, labor, lease contracts, and re-challenge financing will be linked to ease financial burdens.”,

“Candidate Jeong stated, ‘From traditional markets to local commercial areas, Seoul city will work together on-site,’ and added, ‘As a reliable partner for small businesses, we will build on the experience of Seongsu-dong to discover potentials across Seoul, transforming them into brand commercial areas that citizens visit again.'”,

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