German development agency GIZ on February 26 hosts a virtual event called “Innovate for Impact” to attract new business ideas from German alumni who are interested in applying them in Vietnam. (Photo: VNA)Part of the 12-month project “Business Ideas forDevelopment”, the event aimed to connect successful entrepreneurs with German alumniwho wish to do business in Vietnam this year.
It will be followed by a start-up training course “BusinessIdeas for Development” (BID Vietnam 2.0). The three most outstanding impactstart-up ideas will go through to thenext rounds – start-up consultation and start-up acceleration – which will takeplace in March 2023.
BID, a component of the GIZ’s Programme Migration andDiaspora (PMD), provides knowledge and consultation for German alumni totranslate their innovative ideas and what they had learnt in their country intoreality for sustainable development goals in Vietnam.
Pham Ngoc Linh from GIZ said the in the first year, BID supportedmore than 20 German alumni and provided training for five startups with themost sustainable impact ideas in the fields of agriculture, tourism andenvironment.
Four had received 5,000 EUR (about 5,640 USD) each in funding to establishtheir business, develop brands and conduct trial production, Linh said./.
VNA
