The business idea was created five years ago within the framework of the “Junior Achievement” youth business competition. “At first we thought of a very complicated solution – mechanisms for transporting garments. At the time, the garment bag was simply a byproduct,” remembers Kristiāns Lancmanis, the author of the idea. “That was a Song and Dance Festival year, and so our product was very useful and we could access plenty of feedback. We won the Junior Achievement youth entrepreneurship competition in Latvia, and came second in Europe.” The future was clear – they had to continue, which meant the opportunity to apply directly to INK, because the business idea had already been validated. Simple+ was one of the first that was accepted into the Madona Business Incubator. Though Kristiāns’ life is mostly spent in Riga – where he attends university to learn about business and economics, and where his company’s manufacturing facility is located – Kristiāns is happy to make use of the co-working space and is happy with the financial support: 50% co-financing for various services, which is available to each INK client. Until the beginning of 2019, Simple+ has sold over 3000 garment bags, mostly through the internet. Now changes are underway for a change in their corporate identity and there’s a plan to offer the product in retail stores.
If you’re stuck in a stage of entrepreneurship, don’t be shy to ask for help at the business incubator!
Adhere to the Business Incubator’s operational principles and receive both moral and financial support for the growth of your business.
By communicating with colleagues in the program, you can gain valuable contacts and suggestions.