Care Baton Awarded 'University-Launched Venture' Title by Kanagawa University of Human Services

Care Baton Co., Ltd. (CEO: Yasumasa Tanaka, Location: Shibuya-ku, Tokyo), which operates an 'AI Business Succession Platform' specialized for the nursing care, welfare, and medical industries, announced that it has been awarded the title of 'Kanagawa University of Human Services-Launched Venture' by the Kanagawa University of Human Services (President: Masayasu Murakami).

What is a University of Human Services-Launched Venture? Kanagawa University of Human Services has established a certification system for 'university-launched ventures' with the aim of returning research results and knowledge from the university widely to society and contributing to the resolution of social issues. To foster entrepreneurship, create innovation, and develop regional ecosystems, the university grants the title (certification) to venture companies originating from the university and provides various types of support.

Second 'University-Launched Venture' Certification for CEO Yasumasa Tanaka Yasumasa Tanaka, CEO of Care Baton, is a graduate of the master's program at the Graduate School of Health Innovation (Public Health) at Kanagawa University of Human Services. In March 2022, he founded 'Papageno', aiming for a society where everyone feels 'glad to be alive,' and received the 'University of Human Services-Launched Venture' title. Papageno has been embodying the social implementation of 'human service' philosophy by providing employment support for people with mental disabilities and DX support services for the disability welfare industry.

The awarding of the title to 'Care Baton' this time is the second certification following Papageno. It is rare for the same entrepreneur to consecutively receive the university-launched venture title for multiple businesses (corporations). This recognizes his past achievements in welfare management and the expectations for his new business tackling the severe labor shortages and business succession (M&A) challenges in the nursing care and welfare industry. Moving forward as a university-launched venture, the company aims for further business growth and contribution to society while receiving various forms of support.

Comment from Yasumasa Tanaka, CEO of Care Baton I am deeply honored that Care Baton has been certified as a 'Kanagawa University of Human Services-Launched Venture.' Currently, the nursing care and welfare industry is facing a severe labor shortage, and the entire industry is at a major crossroads with business suspensions, closures, and bankruptcies hitting record highs. To pass on care to the next generation, Care Baton is developing a business succession (M&A) platform for nursing care and welfare facilities using AI. By bringing together outstanding management personnel who can balance 'care and management,' we aim to pass on Japan's care to the future through smooth business succession. Based on the welfare management knowledge cultivated at Papageno, which is also a university-launched venture, we will continue to take on further challenges. We ask for your continued support.

About Care Baton Care Baton is a startup company with the mission of supporting smooth business succession in the nursing care and welfare industry, where bankruptcies and closures are rapidly increasing, and passing on high-quality care to the next generation. By visualizing the 'passion' for nursing care of potential buyers and making seller fees completely free, we operate the reliable business succession matching site 'Care Baton' that is attuned to the unique challenges of the industry.