Woowa Brothers - Samil PwC, Startup Growth and Management Support Partnership

A powerful alliance has been formed for the growth of innovative startups. Woowa Brothers, the operator of Baedal Minjok, and global consulting group SamilPwC (PwC Korea) signed a 'Startup Incubation Partnership' business agreement on the 27th at SamilPwC headquarters in Yongsan-gu, Seoul, embarking on supporting promising startups. This agreement is a stepping stone for the successful implementation of 'Baemin Startup Square,' a core project of Woowa Brothers' 200 billion won social investment plan, 'Baemin's Promise for Sustainability.' 'Baemin Startup Square' is a 10-year long-term incubation program designed to help early-stage entrepreneurs and social innovators grow and expand globally, offering systematic incubation programs including free office space in the new Pangyo building in Seongnam, entrepreneur training, and management support. With its official opening scheduled for January, it is currently recruiting resident companies. SamilPwC, as a strong partner in this project, will provide 'Integrated Startup Management Support Service' as a partnership benefit to resident companies of 'Baemin Startup Square.' This service supports essential tasks across all aspects of startup management, such as corporate establishment, shareholder management, finance, and human resources, through an online platform, focusing on effectively resolving the issue of professional talent shortage often faced by early-stage companies. Furthermore, SamilPwC's expert partners in startup incubation will conduct financial accounting consultations and training at least twice a year to transfer practical know-how, enabling resident companies to minimize management risks and maximize corporate value. Through this cooperation, entrepreneurs will be able to alleviate the burden of financial and management administration, creating an optimal environment where they can focus on their core technological innovation and growth. The synergy between the two companies is expected to serve as a strong foundation for promising startups' successful leap and sustainable growth.