Ilhae Co., Ltd., a local company that makes Jeju citrus juice concentrations and fruit and vegetable products, has been designated as a global small and medium-sized company in Jeju.
The Gwangju-Jeonnam Regional Small and Medium Venture Business Administration designated Ilsan Co., Ltd. as a global small and medium-sized company that will lead the global market and delivered designations and signboards.
Global small and medium-sized companies are projects that discover small and medium-sized export companies with innovation and growth potential and foster them as leading export companies and regional-led companies.
With the selection of a global small and medium-sized company, the company will receive about 200 million won worth of overseas marketing, preferential participation in R&D, and customized support from local governments and financial institutions for four years.
Director Jang Dae-gyo said, "Everyone is going through a hard time due to COVID-19, but if the public and private sectors join forces, they have sufficient capacity to turn the crisis into an opportunity."
"We will spare no effort to strengthen business cooperation and policy links with related organizations so that global small and medium-sized companies can grow into mid-sized companies," he said.
Meanwhile, Ilil, established in 2001, has been exporting citrus concentrates to Japan since 2005, and last year, it won the Export Encouragement Award in the manufacturing sector at the 10th Jeju Exporters' Day.
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