The service will assist or more likely, open up a company by proxy for an applicant whose business idea is assessed to be viable. (image: Salvador Lab)
SEOUL, June 27 (Korea Bizwire) – Salvador Lab, a startup platform operation company, launched a surrogate startup platform service called “Easy Startup,” which helps anyone with a great idea open up a company of their own, on June 24.
The service will assist or more likely, open up a company by proxy for an applicant whose business idea is assessed to be viable. The surrogate startup service includes consulting from leading experts in various fields including marketing, finance, law, taxation, and design as a form of talent donation from them and the applicant’s idea is guaranteed to be protected for its intellectual property.
Most importantly, the service is free of charge so that the applicant will not have to worry about the capital to start his business.
The service will help a great deal for those who have brilliant ideas that they want to see being commercialized, and for those who are currently working in another job and feel that they do not possess competence, capital or time to start their own business.
Yang Seung-ho, CEO of Salvador Lab, said, “Mushrooming of new startups is very prominent recently, almost to be able to call it a second dot-com boom. The government also regards startups as core part of their economic revitalization plan and has developed various startup-assisting measures such as ‘Global K-Startup Program.’”
“But still not much assistance is given in opening up a business. In reality, many who have brilliant business ideas but occupied by work and family at the same time, are deterred from starting their own business by their circumstances and thus, we believe services such as ‘Easy Startup’ will be welcomed enthusiastically,” he added.
Anyone who wishes to start a business can apply their idea to the official website of the service. The idea will go through two stages of assessment: a committee of experts will evaluate the idea on its viability in the market and make it be more feasible. The committee of investment will decide whether to invest in the idea or not. When an idea passes through the both stages, the service will establish a company in deputy on behalf of the applicant.
The business idea provider will hold a proportion of company shares and will be able to decide whether to leave the working job and partake in management or keep his job and stay as a shareholder at the point where the business shows signs of successful growth.
The newly-founded venture through the service will be very likely to be successful since opening and running of the business will be conducted under the assistance of experts, and the applicant will hold zero risk in starting the business since the platform will open it for him.
Yang said, “Our company will also contribute in creating job opportunities and lowering the unemployment rate by hiring college graduates, retirees who still wish to work and workers who have will and competence to start their own business but are without a specific idea in the startups established by the service.”
Written by J. H. Kim (jhkim@koreabizwire.com)
Business (Follow us @Biznews_Korea)
