Today: 29/09/2020 08:34:24 (GMT+7)
THE CENTRAL AGENCY OF THE COMMUNIST PARTY OF VIETNAM BAC GIANG PROVINCE THE VOICE OF THE PARTY, GOVERNMENT AND PEOPLE OF BAC GIANG PROVINCE

Project helps develop tech business incubators in Vietnam

The Support to the Innovation and Development of Business Incubators Policy Project (BIPP), partly funded by the Belgian Government, has proved effective after nearly five years of implementation in Vietnam.

Related newsTech business incubators, Vietnam, Belgian Government, BIPP, science and technology enterprises, technology incubators, finance-related barriers, infrastructure assistance
Reporting the main results of the project at a workshop in Hanoi on November 22, the project’s director Tran Dac Hien said that over the past four years, the BIPP has focused on science and technology enterprises and technology incubators, from popularising and analyzing existing policies to building roadmaps for technological enterprise incubators for the 2015-2025 period.
Tech business incubators, Vietnam, Belgian Government, BIPP, science and technology enterprises, technology incubators, finance-related barriers, infrastructure assistance

Illustrative photo.

It has helped pilot the operation of many incubator facilities, as well as a financial assistance mechanism for these facilities and their consumers.

To date, all set targets have been fulfilled, Hien affirmed. However, he pointed to several difficulties and challenges when supporting small- and medium-sized enterprises, including finance-related barriers and resource limitations.

Belgian Ambassador to Vietnam Paul Jansen said that the BIPP has supported the Vietnamese Ministry of Science and Technology in creating favorable conditions for the formation and development of technology enterprise incubator facilities.

Proposals for a policy framework, following the operation of the National Centre for Technological Progress-Technology Business Incubator Center (NTBIC) and the Ho Chi Minh University of Technology-Technology Business Incubation Centre (HCMUT-TBI), have contributed to building an innovative start-up ecosystem for the development of the Fourth Industrial Revolution in Vietnam, he added.

At the event, representatives from businesses, research institutes, universities, and colleges in the science and technology field discussed their visions for business incubator development, and shared experience in supplying infrastructure assistance and assistance services, and developing business and financial services to help incubator establishments develop sustainably.

Starting from 2014, the project had an initial investment of 4.4 million EUR (50.23 million USD), of which Belgium contributed 4 million EUR. However, from 2016, with the budget adjustment from the Belgian Government, the amount was cut down to 2 million EUR to 2018.

 

Best Vietnamese startups honored
The automatic multi-channel selling project PowerSell has won the first prize of the “Startup Viet 2018”, an annual programme selecting the best startups in Vietnam.
 
Bac Giang’s youth confidently runs startups and creates bright future
(BGO)- In current hectic life, a number of young people take challenges to run their startups in new sectors. With their passion and dynamism, many of them succeed in realizing their dreams.
 
Vietnamese startups to compete in November
The final round of NTT Com Startup Challenge, a contest for Vietnamese startups, will be held in Ho Chi Minh City on November 22.
 
Vietnam wins 2nd prize in regional travel startup competition
Vietnamese startup travel company Ecohost beat 110 competitors to take second prize in the 2018 Mekong Innovative Startups in Tourism (MIST) challenge. 
 
Bac Giang awards youth innovative startup contest
(BGO) – The Ho Chi Minh Communist Youth Union (provincial youth union) in the northern province of Bac Giang on October 11 held a ceremony to summarizing and granting the prize to the Youth Innovative Startup Contest as well as honoring typical young people in doing business. 
 

Source: VNA

Tech business incubators, Vietnam, Belgian Government, BIPP, science and technology enterprises, technology incubators, finance-related barriers, infrastructure assistance
 
New comment has just been added. Click here
Sort:NewBest News