The project is chaired by the National Innovation Center (NIC), the Ministry of Planning and Investment and the Asian Development Bank (ADB) is the sponsor. The project has a total approved capital of 1,000,000 USD. . The project will provide capacity and financial support activities for start-ups with good social impact, in the first stage each business can receive support up to 200,000 USD and can receive investment capital. investment from ADB after evaluating the performance of the business.
The project aims to help businesses increase their access to venture capital in Vietnam and other ADB member countries through technical assistance, thereby reducing some of their market risks. environment for innovative start-ups to develop solutions that make a positive change on climate change, gender equality, and contribute to helping Vietnam and other ADB member countries achieve their goals. sustainable development goals (SDGs).