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[Interview with 4 New KUBS Startup Teams] Striving to Provide Services that Are Beneficial to the Wo

2017.09.14 Views 2307 경영대학

Interview with the winning teams in “2017 Startup Express Summer Season” 
Striving to Provide Services that Are Beneficial to the World!
 
‘Startup Station’ has selected the following teams to join its venue: △We Share K (Grand Award) △Toad (Excellence Award) △D&I (Participation Award) △SOVS (KUBS Research Committee Award). These four teams have survived a brutally selective process and each will be awarded a venue in Iljin Startup Support Center located on the 2nd floor of KUBS Main Building. They will be granted operation expenses for running their startups and additional educational programs. We interviewed the four teams to hear about their business items and future plans.
 
Grand Prize   
 
 
highly values sharing and helping other people. We have set out with a vision that ranges from something as small as helping foreigners living in Korea to as comprehensive as helping out everyone including Koreans. We have built our team on our connections with Chinese to provide Chinese students with consultation on studying abroad and Korean education.

broadly operates in three areas. The first is foreign language education. We are running Korean language classes for foreign students who are attending colleges in Korea. In the future, our company has plans to expand into teaching Chinese to Korean students and subsequently, English. The second area of our business is providing consultation for students wanting to study abroad. Our services are aimed at foreign students wanting to study in Korea and are much cheaper than the ones provided by other consulting firms. Lastly, provides general information on living in Korea. Such assistance includes a variety of activities like giving free food at lunch or linking foreign students with Koreans to help them acclimatize to Korea.

We have plans to provide Chinese and English language classes for Koreans launch our online courses website in September. We are also looking in to provide online Chinese cuisine delivery service and diversify foreign language classes to expand our business.

 
Excellence Award   
 
  
was started with a vision to "build a world where people can live without worrying about money." We are currently working on our service called TOAD which would be helpful to Hogang (a term coined in Korea to describe gullible customers). TOAD is a reference to the toad in a Korean fable, "Kongji and Patjwi," that filled a hole in a leaking jar. Like how the toad prevented the jar from leaking, "TOAD In the Pot" is a form of creation service that would help prevent unwanted leak of money. The service is designed to string together benefits that customers have often overlooked due to their overly complex rules or because they were unware of them.

TOAD will also analyze consumers’ patterns and based on its analysis, recommend a way of smart shopping. Our principal consumers will be singles in their 30s. The revenue will be mainly generated from forming contracts with credit card or smart pay companies. We think the service can also provide consumers’ data to SMEs or act as an advertising channel.


We are soon launching the mobile application and web version of TOAD. To bolster its publicity, there will be an event booth in September to study workers’ and students’ responses. Once TOAD becomes an "expense creation," it will develop into a "purchase creation" that recommends products to the customers based on their needs. Our ultimate goal is to turn individual data into platforms and build a robo-advisor that will provide customized information for each customer.

 
 Participation Award   
 
  
is an acronym for "Discovery and Invention." The name contains our vision to identify social problems and provide solutions. We are currently running a business called "PARVIS" that mainly deals with intellectual property. Simply, PARVIS is an "online lawyer." Many have given up on applying for patents via patent attorneys due to its complex procedures and high costs.

Moreover, because of customers’ lack of understanding about patent application procedures, patent attorneys have more or less acted as inventors rather than assistants. Through the use of big data and machine learning, PARVIS seeks to help in general areas such as assessing the possibility of the application being successfully registered (prior research) and filling out documents (patent application forms). It will be convenient to use and take a load off patent attorneys.

D&I’s primary goal is to upgrade PARVIS and help out individuals who are applying for patents by making videos that explain the application procedures. We want to fulfil our slogan, “Turning people’s ideas into patents for the world”. We envision a world where everyone’s ideas can freely appear in the world via PARVIS, and be used for the betterment of our society.

 
Business Research Committee Award
 
 
stands for "Someone Very Special" and it embodies the company’s vision to "capture every treasurable moment." SOVS is developing an application for rear camera use and it’s planned to be launched in October.

SOVS is developing a camera application that allows the user’s desired photographic composition based on the object’s silhouette. People can check their composure and pose when using self-cameras but the use of rear cameras is entirely left in the hands of another person and it is often difficult to explain the desired composition. SOVS features △basic mode, which has 16 different basic compositions, △ translucent mode that enables the user to use existing photographs, and △customized mode which allows users to set up their own composition.

Lastly, SOVS will provide recommendation on each person’s suitable composition and pose by storing and analyzing the user’s photographs. This year’s primary goal is to launch the SOVS application in October and subsequently upload various popular compositions. We are designing a "friend" or a "couple" composition, and an SNS platform to fill our users in with popular photoshoot places as well as trending poses and compositions. Just like the name, we are trying to make memorable recollections by taking pictures of their memorable moments.