The developers of 5 startup projects in Da Nang on Sunday participated in the Demo Day investment festival held by the Songhan Incubator (SHi) at the city-based University of Architecture in order to raise invesment capital at their early stage.  

The projects, which have joined in startup incubation programmes at SHi, are ‘Da Nang Mural Village’, ‘Liberzy - Free Travel Itinerary’, ‘Lotus Homestay’, ‘My Son Vanishing Culture Tours - Discovering the Vietnamese Cultural Identity’, and ‘UCOM’.

To be eligible for participating in the Demo Day, the above projects must meet the requirements in terms of business models and project development visions, demo products, and market research data, human resources, and other related aspects.

Also at the event, the city’s angel investors’ club made its debut with the aim of creating new rendezvous for sharing the knowledge and experience in securing venture capital funds, hereby promoting the setting up of private equity funds for local startups in the coming time.