Busan's Haeundae District is launching a scholarship program to help children enrolled in the Didim Seed Account build assets.
The program uses donations raised through public-private partnerships to support children's personal deposits in Didim Seed Accounts, which are then matched by government funds.
The Didim Seed Account is a government asset-building program that matches children's savings at a ratio of up to 2-to-1, with a monthly cap of 50,000 won. This marks the first such initiative among Busan's 16 districts and counties, representing a shift beyond simple cash welfare toward building a foundation for children's future independence.
The district plans to select 20 children residing in the area who have Didim Seed Accounts and provide 30,000 won per month for one year. The scholarship will be deposited directly into accounts held in the children's names. With the government's 2-to-1 matching applied, each child could accumulate up to 90,000 won monthly.
The program is expected to provide practical assistance for vulnerable children in preparing funds for tuition, housing costs, and job preparation.
The district established a plan last July to promote Didim Seed Account enrollment and has worked with local administrative welfare centers to identify eligible recipients and strengthen outreach. To secure stable funding, the district also signed a partnership agreement with the Busan Regional Office of the Green Umbrella Children's Foundation.
"This project goes beyond simple financial support—it's an asset-building policy that helps children prepare for their own futures," a district official said. "We will continue working with both public and private sectors to support children in growing into healthy members of society."
The Didim Seed Account is a government support program designed to help vulnerable children build funds for independence through savings.