An angel investor network was launched by the Songhan Incubator on 21 July in Da Nang with the aim of incubating startups in the central region.

Illustrative photo (Source: Tuoi Tre)

On the occasion, the Songhan Incubator inaugurated an incubator area where startup enterprises work and organise workshops, events and training programmes.

Director of the Songhan Incubator Ly Dinh Quan said the centre has actively participated in startup support activities since it was established in January this year, significantly contributing to forming startup ecosystems nationwide.

Mr Quan noted that the centre is a member of the Viet Nam Angel Investor Network (iAngel) which provides financial support and consultation for startup units.

The Songhan Incubator aims to promote cooperation and knowledge links amongst startup organisations and experts, and scientists and technologists, towards incubating entrepreneurial talents and creating high-quality startup projects.  This will contribute to Viet Nam’s creative development and renovation.

It also provides start-up ecosystem development consultations for many provinces and cities, enterprises and other incubators.  In addition, it will implement the Viet Nam Tourism Startup 2017 programme which targets renovation and creativity-applied tourism startup projects.

Meanwhile, iAngel, operated by experienced managers in Viet Nam’s startup circle, is looking to build a strong community with angel investors for joint investment deals.

The network receives technical assistance of the three leading start-up support programmes: the Viet Nam-Finland Innovation Partnership Programme 2 (IPP2), the Mekong Business Initiative (MBI) and the Swiss EP Startup Support Programme.

(Source: VNA/ DA NANG Today)