Overview |
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Background |
| ENVICO assists new recycling businesses in obtaining consultations
from business initiation experts thus preventing possible trial
and errors that may occur during the initiation process. The
system began in 1999, and is designed to cultivate the recycling
industry by reducing start-up time and expenses. |
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Overview |
¢Ã Supporting Subject
Among would-be start-ups or business founders in the recycling-related
industry, support is granted to the businesses falling under
the Act on the Promotion of Saving and Recycling of Resources,
Subparagraph 5 of Article 2, or Article 31.1.4.
¢Ã Supporting Method
Consultants conduct services requested by would-be founders
or founders. Upon completion of services rendered, commissions
are paid to the consultants.
¢Ã Supporting Type & Conditions |
| Type |
Contents |
Conditions |
| Business Feasibility Study Service |
- Business feasibility, technology examination
- Business establishment procedures & method examination |
- In the case of an application for approval of a business
establishment plan or approval of moving onto public land |
Prior Environmental
-friendliness
Study Service |
- Examination on the appropriateness of geographical
conditions and land use plan
- Examination on the plan¡¯s harmony with the neighboring
environment |
- In the case of obtaining approval for a business establishment
plan after completing the consultation on the Advanced
Environmental-friendliness Study |
| Agent Service |
- Agency business for the preparation and submission
of approval application for a business establishment plan
- Applicable area review for approval and permission |
- In the case of obtaining approval for a business establishment
plan and for doing business on public land |
| Business Management Service |
- Guide for management, financial affairs, production,
and sales, etc. |
- Manufacturing businesses with less than 7 years of
business operation after establishment |
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| ¢Ã Supporting Budget & Limitation |
| Budget |
Limitation |
Note |
| 22 million won |
- Business Feasibility Study Service: 3 million won
- Prior Environmental-friendliness Study Service: 4 million
won
- Agent Service: 4 million won
- Business Management Service: 3 million won |
- Support is provided within 70 percent of the agent¡¯s
commission
- The limitation is 6.5 million won for the simultaneous
operation of the Business Feasibility Study Service and
the Agent Service |
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- Support is limited to the start-ups of recycling-related
manufacturing businesses and those pursuant to the Support for
Small and Medium Enterprise Establishment Act.
- A company is excluded as the subject of support if it operate
the same business supported by the Small and Medium Enterprise
Establishment Promotion Fund, or is involved in simple processing
businesses such as compression of used paper, cutting compression
of scrap iron, crushing of used bottles, etc.,
- Consultants include:
¤ý Small and medium enterprise establishment
investment company (SMEEIC) in accordance with the Support
for Small and Medium Enterprise Establishment Act, Article 7;
¤ý Small and medium enterprise consulting companies
in accordance with the Support for Small and Medium
Enterprise Establishment Act, Article 19; and
¤ý Research institutes established under the
Law Related to Establishment, Operation, and Cultivation of
Government-donated
Research Institutes. |
| * Qualifications for consultants are limited to registered
organizations who enter into an agreement with ENVICO on the
support of the business establishment agent fee. |