Relic, a Business Co-Creation Company, Launches Unique System to Acquire and Commercialize Employee-Developed Products

Relic, a business co-creation company, announced the launch of a unique system where the company acquires products developed by employees individually and elevates them into businesses by investing Relic's assets and resources. This initiative embodies the 'One Person, One Book, One Business' concept, aiming for all members to be both entrepreneurs and experts. By combining individual ideas and passion with the organization's credibility, capital, and know-how, Relic aims to cultivate next-generation business leaders and build a diversified business portfolio. Having co-created over 5,000 new businesses, Relic identified that excellent products often face barriers like 'lack of credibility' or 'resource constraints' before they can scale. Under this new system, after an application and review process, the company acquires the product at a fair valuation and accelerates its validation and expansion using Relic's brand and network. Once costs are recovered, a portion of the profits is returned to the developer as an incentive. Moving forward, Relic plans to integrate this with its 'ZERO1000 Ventures' startup studio to strengthen its platform for continuous new business creation across Japan.