CAN THO, VIETNAM / ACCESSWIRE / December 6, 2022 / Joining Techfest Vietnam 2022, FUNDGO Startup and Innovation Fund strives to inspire and awaken the spirit of innovation and entrepreneurship in all walks of life, particularly the youth and students.
On December 2, 2022, the National Innovative Entrepreneurship Day (Techfest Vietnam 2022) themed "Open Innovation Ecosystem - The Next Big Think" was kicked off in Binh Duong Province, Vietnam. The three-day event welcomed leaders of Vietnam's Government, Ministries, departments, etc. and drew over 8,000 participants who are entrepreneurs, experts, and investors from Vietnam and 20 other nations. The program aims to promote technological and innovative solutions from startups and students to address the national economy's post-pandemic challenges, plus offer a good occasion for enterprises and startups to learn and seek investment opportunities.
Speaking at Techfest Vietnam 2022, the President of the Socialist Republic of Vietnam, Mr. Nguyen Xuan Phuc said, "Entrepreneurship is a crucial driving force for economic development because its value does not only lie in the financial success of startup projects, but also in the social value of solving human resources problems and making a difference to the community." Deputy Prime Minister Vu Duc Dam also asserted that a stronger community of startups, investors, and researchers was what the Government was striving for. As an active investment fund in Vietnam, FUNDGO Startup and Innovation Fund understands its roles and the importance of startups to the country's sustainable growth. Attending Techfest this year, FUNDGO and companies in the Fund's ecosystem, such as Run Together, HanaGold, and Hesman Legend, exhibited their innovative products and technological achievements, leaving visitors with a strong impression. The products are regarded as highly creative, bringing new experiences to customers. Under the auspices of FUNDGO, these projects are improving in quality and are increasingly accepted by the market.
At the event, Mr. Vuong Le Vinh Nhan - FUNDGO CEO was appointed a member of the panel of the National Innovative Technopreneur Contest - Techfest Vietnam 2022. From 500 initial projects, the panel finally selected the best one after several intense pitching rounds over the last 3 months. Accordingly, SOBANHANG was awarded the first prize and will represent Vietnam in the 2023 Startup World Cup Contest. Speaking after the contest, Mr. Nhan explained that his three criteria during the evaluation of the candidates were the level of innovation, the ability to resolve existing challenges of the country's economy, and the potential for commercialization and development in the future. These are also the key factors for the management board of FUNDGO to assess every project and startup prior to investment.
Within Techfest 2022, FUNDGO also entered into cooperation agreements with eight companies in Fintech Village, aspiring to connect, support and promote innovative startup activities. Owning sound resources, the Fund will join forces with the Village to create a thriving technology community in the Vietnamese entrepreneurial ecosystem with the involvement of startups, reputable experts, investors, and investment funds within and outside Vietnam.
Before Techfest Vietnam 2022, FUNDGO has participated in and supported various similar programs on startup, innovation, and technology application. The Fund also actively sponsored contests for startups and students in the region to encourage new ideas, incubate more talents, and foster a high-quality workforce for Vietnam in the digital era. In the future, FUNDGO will expand connections with more schools and institutions to bolster support, give scholarships, and encourage the spirit of entrepreneurship and creativity among young people across the country.
About FUNDGO
FUNDGO is the first startup and innovation fund in the Mekong Delta, Vietnam. The Fund carries the mission of becoming a financial launchpad and consultant for startup businesses and projects from their initial stages, thereby reinforcing national digital transformation.
Contact information:
FUNDGO Startup and Innovation Fund
Email: [email protected]
Website: https://fundgo.network/en
SOURCE: FUNDGO