VPBank launches one million USD startup support project
Saturday, October 14,2017
AsemconnectVietnam - The Vietnam Prosperity Joint Stock Commercial Bank (VPBank) on October 10 officially rolled out its one million USD startup support project ‘VPBank StartUp’ to aid the development of Vietnam’s start-up community.
During 2017-2018, VPBank Startup will spend at least one million USD to directly endorse start-ups. It will also set aside VND6.5 billion (US$286,130) to support startups at the hi-end working space, UP@VPBank, operated by the bank and the Up Co-working space.
They will get financial, accounting and legal support from investors, and have opportunities to work together, connect and cooperate to realise the goals of “start-up city” and “start-up nation”, he added.
VPBank Startup marks a major stride for the bank’s corporate social responsibility activities.
Experts said that Vietnam poses huge potential to become a start-up nation, including golden population, young labourers and talent in high technology. The country has seen more than 100,000 start-ups established.
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