Particularly, the Plan assists to develop 20 creative startup projects, eight to ten creative startup companies (priority to qualified science and technology businesses), establish one to two organizations to supply technical services and facilities for startup, train 20 to 25 creative startup coaches (with training certificates), provide training course for 1,500 turns of participants, call for socialization investment for creative startup projects of at least five billion VND.

Illustrative image.

By 2025, Bac Giang strives to be in top 15 provinces and cities which well implement Prime Minister Project No.884.

The beneficiaries include individuals or groups of individuals with startup project; startup enterprises with fast growth capability by exploiting intellectual property, technology and new business model (startup company’s operation time is less than five years since receiving first business registration certificate); organizations providing technical services, facilities, investment, communication to creative startup activities.

The Plan supports to reinforce the information and propaganda to accelerate creative startup movement; train and consult about creative startup; develop infrastructure for startup business; develop startup scientific programmes, projects and technology; link and develop CSE.

Four Vietnamese startups make Forbes Asia 100 list

Four technology-based Vietnamese startups have made it to the Forbes Asia 100 to Watch list of most notable companies across the Asia-Pacific.

Social e-commerce startup bags $1 mln seed funding from global investors

Social e-commerce startup Mio has raised $1 million in seed funding co-led by two venture capital firms, Indonesia’s Venturra Discovery and Singapore’s Golden Gate Ventures.

Vietjet acquires 67 pct in express delivery startup

Budget airline Vietjet has invested VND31.5 billion ($1.36 million) to acquire a 67 percent stake in shipping startup Swift247 which seeks to improve the linkage between air and road delivery.

Banks out of loop, government fund to lend directly to startups

Startups could soon borrow at low interest rates directly from a government fund to promote entrepreneurship even as bank credit remains hard to get.

Venture funds commit $815 mln to Vietnamese startups

Vietnamese startups earned pledges of $815 million over the next five years from 33 foreign and domestic venture funds.