Baroun Partners, Accelerator Approval... Expansion of Platform Business Sector

[Asia Economy Reporter Minji Lee] Baroun Partners announced on the 8th that it has received accelerator approval from the Ministry of SMEs and Startups.

The company stated, "Based on the core values of customer-first corporate philosophy, trust, and expertise, we aim to become the best accelerator in the management consulting field."

As of the end of October this year, Baroun Partners has been providing management consulting in various areas such as corporate financial strategy, IR production and coaching, fundraising strategy, marketing strategy, HR organization design and strategy, corporate value analysis, financial statement analysis, and IPO strategy to more than 40 companies.

The purpose of establishing the accelerator is to enhance corporate value by providing management services and necessary funding to startups. Within this year, it plans to form a fund of 1 billion KRW, and in 2023, a 15 billion KRW fund, and in 2024, a 30 billion KRW fund consisting of individual investment associations and venture investment associations, to discover investment companies specialized in the 4th industrial revolution sectors such as content, platforms, AI, renewable energy, and blockchain.

Baroun Partners plans to add educational projects to strengthen startups' management capabilities and expand into platform business areas that can connect communities, education, and investment systems between investing companies and investee companies.

Jaejun Lee, CEO of Baroun Partners, stated, "As a startup company in the same industry and as an investor, we will become the best company builder accelerator as a startup supporter and co-founder, to activate angel investment and venture capital, produce many excellent startup companies, and further help them grow into innovative companies."

This content was produced with the assistance of AI translation services.