The Korea Times
S-Oil pledged 120 million won ($75,000) to help Korea’s young food truck entrepreneurs navigate the overhead of a mobile business. The donation was presented to the Work Together Foundation at Mangwon Han River Park and targets a demographic of small business owners under 45 for whom fuel costs represent a recurring and often prohibitive expense. Through a competitive selection process involving on-site evaluations, 50 operators will be chosen to receive 2 million won in fuel vouchers — a practical lifeline in an era of persistent inflation. The initiative marks the ninth year of a program that has become a fixture of the refiner’s corporate social responsibility portfolio. Since 2018, S-Oil has funneled approximately 960 million won to 426 teams, framing the subsidies not merely as charity, but as a strategic investment in youth employment. “We sincerely support the ambitions of young entrepreneurs who continue to pursue their dreams despite difficult circumstances,” a company spokesperson said, noting that the program is designed to foster economic independence among those en
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