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Da Nang determined to build startup city

The central city of Da Nang is determined to a build startup destination for innovation and creativity, said Secretary of the municipal Party Committee Nguyen Xuan Anh.
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Da Nang (VNA) – The central city of Da Nang isdetermined to a build startup destination for innovation and creativity, saidSecretary of the municipal Party Committee Nguyen Xuan Anh.

Anh made the statement at the Da Nang Start-up Conferenceand Exhibition themed “Startup Technology and Ecosystem” on July 21, attractingmore than 400 young entrepreneurs and startups from 27 countries andterritories worldwide.

In order to achieve the goal of becoming a startupdestination in ASEAN under a project on developing a startup ecosystem until2020 with orientations to 2030, Da Nang is set to develop startup culture,raise young generations’ awareness of startups, continue refining relevantmechanisms and policies, develop startup network and expand cooperation toattract resources at home and abroad for the effort, he said.

Vo Duy Khuong, Chairman of the Da Nang Startup Council, saidthe council will work with schools, universities and colleges to add startupinto their curricula and urge the municipal authorities to launch a startupfund which helps startups access capital from domestic and foreign investmentfunds, financial and credit organisations.

At the same time, conferences and exhibitions to shareexperience and introduce products to domestic and foreign markets will continueto be held.

As part of the event, 10 most outstanding startups willenter the final round of the Pitching Competition to vie for awards worth 200million VND, and an exchange with tourism billionair Jeff Hoffman will also beorganised.

The event was co-hosted by the Da Nang Startup Council andthe municipal business incubator.-VNA
VNA

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