Sarangui Yeolmae "Implementation of 'Everyone's Contest' Project to Support Small Organizations"

[Financial News] Sarangui Yeolmae Community Chest of Korea announced on the 27th that it will implement the incubating-type contest project 'Everyone's Contest' to help the sustainable growth of small institutions and organizations.
'Everyone's Contest' project was planned by Sarangui Yeolmae and the '10.27 Korea Church Union Worship' to support small institutions and organizations that have quietly dedicated themselves in the challenging social welfare field.
It supports customized programs to strengthen the administrative and operational capabilities of small institutions and organizations that have supported vulnerable groups in the community and to establish a stable organizational foundation.
The contest is open to social welfare corporations and non-profit private organizations with less than 4 full-time staff or with a total income of less than 200 million won based on last year's settlement. Selected institutions will receive differential support of up to 50 million won annually and up to 150 million won over three years.
The 60 institutions that pass the first screening will receive support for common programs to strengthen overall organizational capabilities, including institution diagnosis, a 2-day 1-night capacity building camp, expert coaching on business plans and presentation materials, and institution promotion.
Subsequently, up to 40 institutions selected through the final screening will receive various support for practical business execution and growth, including a 3-day 2-night intensive capacity building healing camp, impact measurement, and performance sharing meetings. Institutions showing excellent performance will also be given the opportunity for continuous support for up to 3 years.
Applications for the contest can be submitted through the Together Working Foundation Flag Up website and email by July 11.


rsunjun@fnnews.com Yoo Seon-jun Reporter