SUPPORT MECHANISM:

ISEV provides funding for intermediary entrepreneur-support organizations which perform activities that fall into 3 areas:

  • Research, propose and establish legal frameworks that relates to the activities of startups
  • Train and develop the capabilities of players in the innovative startup ecosystem
  • Communicate and network for stakeholders in the innovative startup ecosystem
IMPLEMENTING AGENCIES:

 

     

    KEY ADVISOR(S) OR LEADER(S):

    The implementation of the Initiative for Startup Ecosystem in Vietnam (ISEV) was assigned to the Ministry of Science and Technology (MOST).

    MONITORING + EVALUATION METHODS:

    The Initiative has the goal of creating a favorable environment for the creation and growth of new enterprises with high growth potential based on Intellectual Property (IP), new business model by:

    1. Establishing and improving the legal framework for supporting startups;
    2. Creating of national Startup portal; and 
    3. Supporting 2000 startup projects, 600 of which will develop into firms and 100 of which will secure follow-on investment from investors or be bought by large corporations, with total value of 2000 Billion VND.
    Initiative for Startup Ecosystem in Vietnam
    Vietnam
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