Startup Space for young people inaugurated in HCM City
Startup Space - The Youth Five (Y5 office) - for young people has been inaugurated in District 1, Ho Chi Minh City, by the municipal Ho Chi Minh Communist Youth Union.
HCM City (VNA) - Startup Space - The Youth Five (Y5 office) - for youngpeople has been inaugurated in District 1, Ho Chi Minh City, by the municipal HoChi Minh Communist Youth Union.
Addressing the inaugural ceremony on July 24 held, Truong Ly Hoang Phi, CEO ofthe Ho Chi Minh City’s Business Startup Support Centre (BSSC), said at the Y5office, which plays its role as an information provider, startup enterprises haveopportunities to access support sources in the startup ecosystem as well aschances to join startup activities in the community and meet experts, thusincreasing development opportunities for business and startup activities ofyoung businesses.
Covering an area of nearly 500 sq.m., the Y5 office is home to startupenterprises and groups with the aim at connecting, sharing and developingstartup ideas.
The Y5 office has about 15 working and meeting rooms and public space usingenergy and water saving technologies, thus helping saving operation costs forstartup enterprises.
In addition, the Y5 office is to link betweeninvestors, enterprise and the city’s startup community, providing startupinformation, trends for young people.-VNA
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Illustrative image (Source: SGGP) 
