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Hana Financial, SEMAS launch project to support young business owners

Hana Financial Group and the Small Enterprise & Market Service (SEMAS) have launched a joint project to support young owners of small businesses, t...

The Korea TimesLee Hyo-jin查看原文 ↗
Hana Financial Group Chairman Ham Young-joo, second from right, looks at a product presented by a young small business owners during a project launch event in Daejeon, Tuesday. Courtesy of Hana Financial Group
Hana Financial Group Chairman Ham Young-joo, second from right, looks at a product presented by a young small business owners during a project launch event in Daejeon, Tuesday. Courtesy of Hana Financial Group

Hana Financial Group and SEMAS launched a joint project in Daejeon on Tuesday to support young small business owners. The program, called Hana On, Youth On, involves 15 teams from across the country and focuses on attracting customers, promoting local commercial districts and helping communities. Hana Financial said it will provide funding, expert consulting and tailored financial support.

The initiative follows a memorandum of understanding signed in June to support young entrepreneurs and regional commercial districts.

Hana Financial and SEMAS held the launch event in Daejeon with Chairman Ham Young-joo, SEMAS President In Tae-yeon and about 100 self-employed participants.

The participating teams will organize joint events and promotional campaigns, improve their business areas and develop projects based on local community needs.

Hana Financial said young owners of small businesses are under pressure from rising prices and a weaker won.

Hana Financial said it has also worked with SEMAS on other small-business programs, including a project to supply affordable eggs to supermarkets, and on programs providing energy-efficient equipment and digital devices.

Published Sep 30, 2026 1:39 pm KST

Hana Financial Group Chairman Ham Young-joo, second from right, looks at a product presented by a young small business owners during a project launch event in Daejeon, Tuesday. Courtesy of Hana Financial Group

Hana Financial Group and the Small Enterprise & Market Service (SEMAS) have launched a joint project to support young owners of small businesses, the financial group said Wednesday.

The project, dubbed "Hana On, Youth On," involves 15 teams of young small business owners from across the country. The teams will develop and carry out joint projects aimed at attracting customers and promoting local commercial districts.

Hana Financial and SEMAS held a launch event Tuesday in Daejeon, attended by Hana Financial Chairman Ham Young-joo, SEMAS President In Tae-yeon and about 100 self-employed individuals taking part in the project.

The initiative follows a memorandum of understanding signed by the two organizations in June to support young entrepreneurs and regional commercial districts.

The participating teams will organize joint events and promotional campaigns, improve their business areas and develop other projects based on the needs of their respective local communities.

Hana Financial and SEMAS will provide funding, expert consulting and tailored financial support.

The project focuses on supporting young owners of small businesses, who continue to face pressure from rising prices and a weaker won, according to the financial group.

At Tuesday's event, the participating teams took part in a ceremony to mark the launch of the project. The event also included a discussion of the challenges facing young business owners, as well as presentations on their projects and a networking session.

"Today marks the start of putting into action the promise we made in June to support the growth of young small business owners and local commercial districts. We will continue to work with SEMAS to help young entrepreneurs bring new energy to local communities and ensure that the results can benefit communities," Ham said.

Hana Financial has been working with SEMAS on other programs for small businesses, including a project to supply affordable eggs to supermarkets. It also runs programs providing small businesses with energy-efficient equipment and digital devices.

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