A workshop discussing measures to boost innovative startup ecosystems at local level took place in the central province of Quang Nam on November 26 (Illustrative photo: VNA)Quang Nam (VNA) – A workshop discussing measures to boost innovativestartup ecosystems at local level took place in the central province of QuangNam on November 26.
As part of TechFest Vietnam 2018, the event was co-organised by the Ministry ofScience and Technology (MoST) and the provincial People’s Committee.
According to participants, startup ecosystems must be developed in specificlocalities as each region has its own culture and development advantages. Smallstartup ecosystems will then form a national startup ecosystem.
MoST Deputy Minister Tran Van Tung said localities should follow the PrimeMinister’s Project 744 on supporting the national startup ecosystem by 2025 tobuild their own ecosystems in line with their conditions and competitive edges.
To develop local-level startup ecosystems, it needs the engagement of theentire political system, the connection of resources in support for startups,and the active participation in domestic and international startup networks, hesaid.
In addition, localities should improve awareness and knowledge of officials incharge of supporting startups and build a contingent of good startup advisors.
Tran Tri Dung, a specialist from the Vietnam Mentors Imitative (VMI),highlighted the important role of advisors in the development of innovative startups.They are experienced businesspeople who will inspire startups in their path ofdevelopment with full of difficulties and challenges.
According to the MoST, Vietnam now has about 3,000 innovative startups, doublethe figure in 2015, focusing on such fields as agriculture, tourism andfinance.
The country is also home to 40 startup investment funds with a total estimatedvalue of 400 million USD in 2018.
In addition, many young business incubators have been opened in localitiesthroughout the nation, creating more than 200 enterprises in various fieldssince 2015.-VNA
As part of TechFest Vietnam 2018, the event was co-organised by the Ministry ofScience and Technology (MoST) and the provincial People’s Committee.
According to participants, startup ecosystems must be developed in specificlocalities as each region has its own culture and development advantages. Smallstartup ecosystems will then form a national startup ecosystem.
MoST Deputy Minister Tran Van Tung said localities should follow the PrimeMinister’s Project 744 on supporting the national startup ecosystem by 2025 tobuild their own ecosystems in line with their conditions and competitive edges.
To develop local-level startup ecosystems, it needs the engagement of theentire political system, the connection of resources in support for startups,and the active participation in domestic and international startup networks, hesaid.
In addition, localities should improve awareness and knowledge of officials incharge of supporting startups and build a contingent of good startup advisors.
Tran Tri Dung, a specialist from the Vietnam Mentors Imitative (VMI),highlighted the important role of advisors in the development of innovative startups.They are experienced businesspeople who will inspire startups in their path ofdevelopment with full of difficulties and challenges.
According to the MoST, Vietnam now has about 3,000 innovative startups, doublethe figure in 2015, focusing on such fields as agriculture, tourism andfinance.
The country is also home to 40 startup investment funds with a total estimatedvalue of 400 million USD in 2018.
In addition, many young business incubators have been opened in localitiesthroughout the nation, creating more than 200 enterprises in various fieldssince 2015.-VNA
VNA
