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Angel investor network incubates startups in central region

An Angel investor network was launched by Songhan Incubator on July 21 in Da Nang city, aiming to incubate startups in the central region.
Angel investor network incubates startups in central region ảnh 1Staffers of Lozi, a start-up online food review community, at their office. Illustrative photo (Source: Tuoi Tre)
Da Nang (VNA) –  An Angel investor network was launchedby Songhan Incubator on July 21 in Da Nangcity, aiming to incubate startups in the central region.

On the occasion, Songhan Incubator inaugurated an incubator area where startup enterpriseswork and organise workshops, events and training programmes.

Director of Songhan Incubator Ly Dinh Quan said the centre has activelyparticipated in startup support activities since it was established in Januarythis year, significantly contributing to forming startup ecosystems nationwide.

The centre is a member of the Vietnam Angel Investor Network (iAngel), which providesfinancial support and consultation for startup units, Quan noted.

Songhan Incubator aims to promote cooperation and knowledge links among startuporganisations and experts, and scientists and technologists, towards incubatingentrepreneurial talents and creating high-quality startup projects,contributing to Vietnam’s creative development and renovation.

It also provides start-up ecosystem development consultations for many provincesand cities, enterprises and other incubators, while implementing the Vietnam TourismStartup 2017 programme which targets renovation and creativity-applied tourismstartup projects.

Meanwhile, iAngel, operated by experienced managers in Vietnam’s startup circle,is looking to build a strong community with angel investors for jointinvestment deals.

The network receives technical assistance of the three leading start-up supportprogrammes, including the Vietnam-FinlandInnovation Partnership Programme 2 (IPP2), the Mekong Business Initiative(MBI) and the Swiss EP Startup Support Programme.-VNA.


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