On Tuesday, October 12, the Authority of Da Nang’s Hi-Tech Park and Industrial Parks held a consultation on perfecting hi-tech startup incubation regulations.

The event saw the participation of experts in the fields of startups - innovation, along with specialists in incubation activities, and representatives of startup projects joining the city’s high-tech startup incubation programme.

During the consultation event, experts and projects’ developers stressed the need for Da Nang to issue a full and clear incubation regulation in terms of content, making it suitable for the current situation. This was considered to be extremely important step to keep the incubation activities on track and produce better results in the future.

CEO of the Songhan Incubator (SHi) Ly Dinh Quan highlighted the significance of incubation activities in supporting individuals, groups of individuals, businesses, and scientists to develop their ideas and start-up projects, as well as establish science and technology enterprises.

He, therefore, underlined the necessity for the city to issue a clear and full incubation regulation in order to help individuals and organizations perform their assigned functions and tasks consistently in compliance with the city’s regulations.

“The most important thing is to promote local startup incubation activities, and improve the quality and efficiency of incubation activities every year, thereby significantly contributing to building Da Nang into a creative and innovative startup ecosystem in the future”, emphasized CEO Quan.

Reporting by QUYNH TRANG - Translating by M.D