Samil PwC announced on the 11th that it has signed a memorandum of understanding (MOU) with Hoban Construction's corporate venture capital (CVC) Plan H Ventures to support startups and growth-stage corporations.
Plan H Ventures is an accelerator and venture capital that aims to be a comprehensive developer, based on Hoban Construction's sustainable management goals and philosophy, promoting the consolidation between existing industries and new industries and fostering innovation.
Through this agreement, the two parties plan to intensify the provision of integrated management support services for investment corporations and those scheduled for investment in Plan H Ventures, as well as support for accounting audits, financial due diligence, customized consulting for corporations at different growth stages, and assistance in fundraising and exits.
Samil PwC plans to actively support Plan H Ventures' investment corporations in establishing a stable management system and achieving sustainable growth.
Hong Jun-gi, head of the institutional sector at Samil PwC, said, "Through this agreement, we will systematically support management areas that startups and growing corporations often overlook, helping them establish a foundation that investors can trust and invest in."
Won Han-kyung, head of Plan H Ventures, said, "Even if there are good business models and competitive products, many corporations fail to leap because of management and organizational failures," adding, "We will support investment corporations to grow steadily based on transparent accounting and a systematic organizational management system through collaboration with Samil PwC."