During his recent interview with reporter Thanh Lan from the Da Nang Newspaper, the Deputy CEO of the Da Nang Investment and Support Start-up Company (DNES), Mr Ly Dinh Quan, remarked that his company’s top priority is to offer more effective measures to support local start-up businesses.  The intention is to enhance the quality and quantity of such businesses in the city, which in turn will help to further the city’s progress.

Mr Ly Dinh Quan

Mr Quan said that in its first 5 months of operation, DNES has selected and given financial aid to 8 local start-up projects.  The developers of these projects are being provided with working space and utilities such as electricity, water, wi-fi, projectors and meeting rooms.  They have been helped with registering their business licences and the intellectual property rights of their brand names, as well as any difficulties relating to marketing, recruitment and finance.  They have also been encouraged to meet with consultants and investors.  

He added that DNES will focus on selecting new feasible projects to grant financial assistance to, and implementing international cooperation programmes with such startup-supporting partners as the Asian Development Bank, the Kobe University, the German Central Institute for Scientific Entrepreneurship, International Transfer, Microsoft and the Lotus Fund. 

In addition, there will be more start-up workshops and events held in the city.  One of them is the Da Nang Startup Fair 2016 which will take place in the city on 18 June.  The fair is expected to attract a large number of international partners, startup-supporting organisations, and local start-up groups. 

Mr Quan emphasised that DNES will continue implementing more strategic and systematic start-up support activities in order to increase the number and quality of young start-up businesses in the years ahead in order to promote the city’s economic growth.