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ANNOUNCEMENT ON INCREASE IN CAPITAL OF "FUNDGO CREATIVE STARTUP INVESTMENT FUND"

12/10/2023

On October 10, 2023, the Department of Planning and Investment of Can Tho City approved the application for capital increase of FUNDGO Creative Startup Investment Fund according to Notice No. 10087/TB-DKKD.

FUNDGO Creative Startup Investment Fund officially increased its capital from: 34,732,000,000 VND (In words: Thirty-four billion seven hundred thirty-two million VND) to 39,382,000,000 VND (In words: Thirty-nine billion three hundred eighty-two million VND).

Capital change time from: September 20, 2023

The capital increase of FUNDGO Fund demonstrates the confidence of investors in the potential of Vietnam's creative startup market. The Fund will use the new capital to continue investing in potential startups, contributing to promoting the development of Vietnam's creative startup ecosystem.

Some details about the capital increase of FUNDGO Creative Startup Investment Fund:

Fund capital contribution before increase: 34,732,000,000 VND

New fund capital: 39,382,000,000 VND

Capital change time: September 20, 2023

The capital increase of FUNDGO is a positive signal for the Vietnamese creative startup market. The Fund will continue to play an important role in supporting and developing creative startups, contributing to promoting the socio-economic development of the country.

Notice No. 10087/TB-DKKD issued by the Department of Planning and Investment of Can Tho City announcing the increase in initial capital of the FUNDGO Creative Startup Investment Fund:

Information from the Ministry of Planning and Investment:

https://business.gov.vn/cms/tin-tuc-su-kien/chi-tiet/1431/thong-bao-ve-viec-tang-von-gop-cua-quy-dau-tu-khoi-nghiep-sang-tao-fundgo

Category: Can Tho FundGo Startup

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