Hoban Group said on the 28th that its cumulative grants to the Coexistence and Cooperation Fund for Large and Small-Medium Enterprises and Rural Communities surpassed 100 billion won. This is the result of eight years of steady coexistence efforts since the first grants in 2018.

The Coexistence and Cooperation Fund for Large and Small-Medium Enterprises and Rural Communities is a system that supports the sustainable development of small and medium-sized enterprises and rural communities, and seven corporations, including Hoban Construction, Hoban Industry, Hoban Property, Hoban, Hoban Asset Development, Daea Cheonggwa, and H1SDI, are participating to put coexistence management into practice.

Kim Dae-heon, Hoban Group Chief Planning Officer (4th from left in photo), and Start - Up representatives pose for a commemorative photo at the Open Innovation Demo Day held with GS Engineering and Construction in November last year. /Courtesy of Hoban Construction

Hoban Group is using the coexistence and cooperation fund for large and small-medium enterprises to provide ▲ partner incentives and employee education and consulting ▲ discovery of promising Start - Up ▲ revitalization of local economies and support for small business owners. Since 2018, it has supported 965 small and medium partner companies, and during the COVID-19 pandemic from 2020 to 2022, it supported 48.1 billion won to 610 companies.

It is also strengthening shared growth with partners by running various support programs such as financial consulting for partners, job training for employees, and gifts for holidays and Labor Day.

It holds the "Innovation Technology Contest" and "Demo Day" every year to link the discovery, demonstration, and investment of promising Start - Up, and is continuing collaboration with a total of 72 corporations, including the award-winning corporations from the first half's contest this year.

By operating the H-Dining programs from the 1st to the 3rd classes, which support restaurant startups by aspiring young entrepreneurs and small business owners, it provided startup spaces inside Avenue France rent-free and also offered store interior and facilities and expert consulting. It also supports stabilization funds for tenants at Avenue France.

The rural coexistence and cooperation fund is being used for ▲ revitalization of local economies and cultural welfare ▲ disaster recovery ▲ improving mobility convenience for transportation-vulnerable people.

Hoban Group promoted the "Anri Village Revitalization Project" last year with Changnyeong County, South Gyeongsang Province, which is a population-declining area, supporting the remodeling of village land and landscaping and lighting work for the access road, and it opened the site in April as a youth restaurant startup space. In 2023 and 2024, it contributed to regional economic recovery by holding the "Coexistence Receipt Concert," which combines support for small business owners and music performances, in rural areas such as Jecheon and Chuncheon.

It is also participating in disaster recovery by providing relief supplies and temporary assembly housing to farming households in Haenam County, South Jeolla Province, hit by cold waves and heavy rain, and to areas damaged by wildfires in South Chungcheong and Gangneung. To improve mobility convenience and welfare for transportation-vulnerable people such as older adults, infants and toddlers, and people with disabilities, it also delivered "Hope Car" vehicles to social welfare organizations nationwide.

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