Simple+ was founded in December, 2014 as a student company producing mobile clothes hangers. After a few weeks, we realized that it can’t be our product because of impossible manufacturing. So we designed – unique clothes cover bags.
After 4 months, we realised that we are working in a successful student company which has a highly rated product. We decided to found a real company. To obtain an additional funding we took part in the municipal grant contest “Madona can do better!”.
Subsequently, we did a calculation to select the most suitable business form. On 10 April 2015, the student company Simple+ was registered with the Business Register of Latvia. We found a way to upgrade our product, make it more comfortable, of higher quality and cheaper, a way to reduce costs and become more profitable. Now we are doing mass production which noticeably decreases the cost.
In the first 7 months, we have achieved the following:
- sold over 150 cover bags (including international customers)
- reduced costs with outsourcing
- competed successfully in various trade fairs
- won the contest in the International Student Company Festival 2015 in Latvia (Riga)
Your time is limited, so don’t waste it living someone else’s life. Don’t be trapped by dogma – which is living with the result of other people’s thinking. Don’t let the noise of other’s opinions drown out your own inner voice. And most important, hate the courage to follow your heart and intuition. They somehow already know what you truly want to become. Everything else is secondary.
Limited Liability Company “SIMPLE+” has concluded an agreement with Latvian Investment and Development Agency (LIAA) on receipt of Incubation support within the framework of the ERDF Project No. 184.108.40.206/16/I/001 “Regional Business Incubators and Creative Industries Incubator”.
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