NIC collaborates with Google to support Vietnamese startups reaching out to the world

NIC collaborates with Google to support Vietnamese startups reaching out to the world

19/11/2022
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From November 14-18, 2022, the National Innovation Center (NIC), Ministry of Planning and Investment cooperated with Google to organize the Google for Startups program for innovative start-ups. (startups) in the North to support businesses in raising capital and participating in the global market. The afternoon of November 18 was the closing ceremony of the program with the participation of Mr. Vu Quoc Huy - Director of the National Innovation Center, Mr. Thye Yeow Bok - Director of the Innovation Startup Ecosystem in Europe. Asia-Pacific by Goolge, Mr. Konstantin Dubrovsky - Deputy Economic Counselor of the US Embassy in Vietnam and other distinguished guests.

The Google for Startups program is one of the key development programs launched by Google in 2011. Google for Startups has been deployed in many developed countries around the world, where the innovation and startup ecosystem is such as London (England), Tel Aviv (Israel), Madrid (Spain), Seoul (Korea), Warsaw (Poland), São Paulo (Brazil) and Tokyo (Japan). 2022 is the first year that the National Innovation Center, the Ministry of Planning and Investment collaborated with Google to bring this program to Vietnam with the goal of supporting startups with high potential and in the early stages of development. development in fields such as education, health, agriculture, finance, digital content and retail ... to solve the challenges in the process of business development.

This year's program attracted the participation of nearly 200 prominent businesses of the startup community in Vietnam. After the rounds of interviews and strict selection by representatives of the National Innovation Center and Google, the 50 most outstanding startups were selected for the North and South regions.

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Startups discuss problems in business development (NIC Photo).

Speaking at the closing ceremony of the bootcamp program, Mr. Vu Quoc Huy, Director of the National Innovation Center said: “Google for Startups is an extremely useful program for business development in enhancing capacity for innovation and entrepreneurship, governance and market expansion. The mentors participating in the program are reputable and experienced experts from investment funds, famous corporations and unicorns at home and abroad. The National Innovation Center and Google will select a number of typical businesses to continue supporting and developing in the group of 500 pioneering innovative enterprises.”

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Mr. Vu Quoc Huy - Director of NIC spoke at the Closing Ceremony (NIC Photo).

Google for Startups in Vietnam took place with the participation of more than 50 prestigious advisors and experts from Google, investment funds and technology unicorns, famous corporations in the world and in Vietnam. The intensive training program (bootcamp) was held from October 3 to 7, 2022 in Ho Chi Minh City. Ho Chi Minh City and from 14-18 November 2022 in Hanoi.

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Discussion session between mentors and startups (NIC photo).

Following the success of bootcamp in Ho Chi Minh City. Ho Chi Minh City with 25 startups in the South region rated by experts as having high quality, great potential for development, bootcamp in Hanoi was organized to give wings to 25 startups in the North region in capacity building. innovation and entrepreneurship, capital mobilization, international market expansion, corporate governance, etc.

Mr. Thye Yeow Bok, Director of Innovation Startup Ecosystem in Asia-Pacific, Google shared: “Startups are mentored 1:1 directly by experts, with in-depth training in the field of innovation. OKRs by Google, training in innovative product development, content implementation across platforms and leadership skills, investment seeking. In addition, the program also gives startups the opportunity to connect with investors, participate in networking with industry experts and businesses as well as the global Google for Startups community.

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Mr. Vu Quoc Huy - Director of NIC and Mr. Thye Yeow Bok - Director of Innovation Startup Ecosystem in the Asia-Pacific region, Google awarded the certificate of completion of bootcamp to startups (NIC photo).

At the end of 02 bootcamps of Google for Startups in the North and South regions, the best startups will be introduced to participate in the Vietnam Innovation Investment Fund Forum (Vietnam Venture Summit) event organized by the Innovation Center. National Innovation Festival to be held on December 19, 2022. Here, companies can introduce innovative products and business models, participate in raising capital from domestic and foreign investment funds. At the same time, the National Innovation Center will continue to accompany to support businesses participating in the implementation of activities under the Vietnam Innovation Initiative (InnovateVN) and the Vietnam Innovation Challenge program. Nam (Vietnam innovation Challenge).

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The Organizing Committee, the team of advisors, speakers and 25 startups took a photo to celebrate (NIC photo).

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