Alpha Brothers announced on the 4th that it received the Minister of SMEs and Startups Award at the 2023 SME Technology and Management Innovation Competition, held at BEXCO in Busan. The event was organized by the Korea Association of Small and Medium Business Innovation and supported by the Ministry of SMEs and Startups.
The annual competition recognizes companies that realize corporate and customer value through management innovation. Under the theme “Innovative SMEs Changing the World,” Alpha Brothers showcased its signature technology, MVP TEST, and received the Ministerial Award for its management innovation efforts. The company was recognized for its contributions to creating the next generation of unicorn startups by using the MVP TEST to validate ideas in the market, achieving innovations in experiential testing.
Founded in 2018, Alpha Brothers specializes in market validation by offering end-to-end services from MVP production to testing. The company helps startups and SMEs successfully enter the market by providing business model diagnostics, MVP creation, testing, data analysis, and processing, enabling multiple companies to use its non-face-to-face and online services effectively.
The company's efforts in management innovation also stand out. Alpha Brothers has continuously refined its welfare programs for employees, implemented flexible work schedules, simplified meeting and reporting processes, and cultivated a rational and free organizational culture. By fostering both company growth and personal development, the company achieved a 132% increase in revenue in 2022 compared to its founding year. Additionally, by doubling its workforce in 2023, Alpha Brothers has significantly contributed to youth employment.
An Alpha Brothers representative stated, “We are honored to receive the Ministerial Award at the 2023 SME Technology and Management Innovation Competition. Unlike other cases globally, where MVP production and testing are separate, Alpha Brothers offers an integrated approach that includes design, planning, execution, and market feedback validation. Through our proprietary customer data discovery methodology, we not only verify accurate market responses but also contribute to revenue generation. We will continue to provide tailored consulting services and strategic collaboration frameworks to support companies."
Source: ITBiz (http://www.it-b.co.kr)
Alpha Brothers announced on the 4th that it received the Minister of SMEs and Startups Award at the 2023 SME Technology and Management Innovation Competition, held at BEXCO in Busan. The event was organized by the Korea Association of Small and Medium Business Innovation and supported by the Ministry of SMEs and Startups.
The annual competition recognizes companies that realize corporate and customer value through management innovation. Under the theme “Innovative SMEs Changing the World,” Alpha Brothers showcased its signature technology, MVP TEST, and received the Ministerial Award for its management innovation efforts. The company was recognized for its contributions to creating the next generation of unicorn startups by using the MVP TEST to validate ideas in the market, achieving innovations in experiential testing.
Founded in 2018, Alpha Brothers specializes in market validation by offering end-to-end services from MVP production to testing. The company helps startups and SMEs successfully enter the market by providing business model diagnostics, MVP creation, testing, data analysis, and processing, enabling multiple companies to use its non-face-to-face and online services effectively.
The company's efforts in management innovation also stand out. Alpha Brothers has continuously refined its welfare programs for employees, implemented flexible work schedules, simplified meeting and reporting processes, and cultivated a rational and free organizational culture. By fostering both company growth and personal development, the company achieved a 132% increase in revenue in 2022 compared to its founding year. Additionally, by doubling its workforce in 2023, Alpha Brothers has significantly contributed to youth employment.
An Alpha Brothers representative stated, “We are honored to receive the Ministerial Award at the 2023 SME Technology and Management Innovation Competition. Unlike other cases globally, where MVP production and testing are separate, Alpha Brothers offers an integrated approach that includes design, planning, execution, and market feedback validation. Through our proprietary customer data discovery methodology, we not only verify accurate market responses but also contribute to revenue generation. We will continue to provide tailored consulting services and strategic collaboration frameworks to support companies."
Source: ITBiz (http://www.it-b.co.kr)