Agri-E-commerce Support: Who Qualifies and What You Get
Learn how farmers in South Korea can access subsidies to cover digital advertising costs and platform fees for online sales.
This scheme provides financial assistance to help farmers manage the costs associated with selling their goods through digital marketplaces.
Who it's for
This support is designed specifically for farmers who are actively selling their products through online platforms. If you are utilizing digital marketplaces to distribute your agricultural goods, you may qualify for this assistance.
What you get
The primary benefit is receiving subsidies to help offset the various expenses incurred when operating in the digital economy. This includes help with platform fees, which are the costs charged by online marketplaces for hosting your products, and digital advertising costs, which are the expenses used to promote your goods online to increase your visibility and sales.
What it costs you
While the scheme provides financial support, there is a requirement regarding where you conduct your business. You cannot use just any website; you must use approved government-partnered platforms to be eligible for the support. Using a platform that is not part of this official partnership program will disqualify you from receiving these specific subsidies.
The catch to know
The most important detail to keep in mind is that the support is not a general grant for all digital business. It is strictly tied to using the specific platforms that have been officially partnered with the government. To ensure you are eligible for the subsidies for your platform fees and advertising, you must confirm that your chosen digital marketplace is on the approved list.
How to apply
- Confirm that the online platform you use is an approved government-partnered platform.
- Prepare your documentation regarding your current digital advertising and platform fee expenses.
- Contact the Korea Agro-Fisheries & Food Trade Corp to find out the official application process for these subsidies.