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Start-up Day showcases business models

Vietnamese and foreign businesses and individuals running more than 200 start-up models will present their innovative products and services at the 2018 Start-up Day that opens on August 24 in HCM City.
Start-up Day showcases business models ảnh 1The 2017 Start-up Day. The event this year will be held on August 24 and 25 at the Riverside Palace in HCM City’s District 4, attracting domestic and foreign start-ups (Photo: VNA)

HCM City(VNS/VNA) - Vietnamese and foreign businesses and individuals running more than200 start-up models will present their innovative products and services atthe 2018 Start-up Day that opens on August 24 in HCM City.

Besides usual participants like technology start-up projects in e-commerce andInternet of Things, this year there will also be many new business models basedon evolving technologies like fintech, edutech, virtual reality, automatedrobotics, and AI, as well as new technologies in agriculture.

More than 10,000 stakeholders including start-ups, investors, investment funds,entrepreneurs, and other stakeholders are expected to attend the two-day eventorganised by the Business Start-up Support Centre (BSSC) andthe HCM City Young Businesspeople Association.

It aims to support young start-ups in finding investors, consultants, businesspartners, and customers.

The event also includes a final stage of the Vietnam Start-up Wheel contest,where the top 60 start-up models chosen from 1,500 contestants will take partin three parts of the contest: challenging the creativity of the productand level of market compatibility (through exhibitions, sales activities); theability to attract and solicit investment; and testing the effectiveness of thebusiness model (through a two-minute presentation to convince the jury and attendees).

The jury will choose the 10 outstanding start-up projects for the finalawards categories, including the first, second, third prizes and awards for thebest innovative project, best start-up student, and best female founder totallyworth 2 billion VND (85,836 USD).

After starting in HCM City in 2013, two years later Start-up Wheel became anational event.

This year it has become part of the Government’s Project 844 to support anational innovative start-up eco-system and renamed Vietnam Start-upWheel.

The sixth Start-up Day, the biggest annual event f⛄or the start-up community inthe country, will be held at the Riverside Palace in HCM City’sDist♛rict 4.-VNS/VNA

VNA

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