First Startup & Innovation Fund in Can Tho City Was Launched: Diverse Portfolio from Agriculture to Technology and Internet

With the mission of nurturing and investing in highly innovative startups for the long term, FUNDGO will diversify its investment portfolio into business models of food chains, agricultural production, healthcare, education technology, financial technology, medical technology, media technology and marketing. In particular, the Fund encourages technology-oriented businesses, from agricultural support equipment to advanced technologies such as blockchain.

FUNDGO will also give priority to enterprises in the city's key economic sectors, enterprises applying high technology in production, practical inventions with high commercialization potential. Can Tho City will grow stronger in the near future with the support of FUNDGO.

Launching Ceremony of Fund Representative Board and Fund Management Company FUNDGO

The launching ceremony of the FUNDGO Creative Startup Investment Fund took place at 4:00 p.m. on March 21, 2022, with the presence of more than 100 delegates who are leaders of departments and branches. In addition, the program was also broadcast live on the Facebook platform, attracting more than 11,000 views and nearly 7,000 likes and online interactions.

The event includes three main contents: the launching program of the FUNDGO Creative Startup Investment Fund, the signing ceremony between relevant parties and the announcement ceremony of the book launch project "Investing in digital assets: From roots to success".

Mr. Dinh Tuan Kiet spoke at the event.

Sharing about the reason for establishment and goals of FUNDGO, at the event, Mr. Dinh Tuan Kiet - Chairman of the Fund, Chairman of the Young Entrepreneurs Association of Can Tho City also affirmed: “With the decision to establish and the commitments on resources and capital, FUNDGO hopes to become a lever, promoting the creativity of the startup business community. The Fund will help young businesses make faster and more solid progress, thereby contributing to the overall development of Can Tho City..”

Signing ceremony of the program to support creative youth startups between FUNDGO and Can Tho City Youth Union

The final part of the program was the signing ceremony of cooperation and announcement of the launch of the book project "Investing in digital assets: From roots to success" between 4 parties including Vietnam E-commerce Association (VECOM), Digital Transformation Alliance (DTS), ONUS Technology Joint Stock Company and IM Group Digital Transformation Academy with the witness of the leaders of TRUSTpay Joint Stock Company.

In particular, the participation of ONUS, an application with 2 million digital asset investors, will contribute a lot of practical knowledge to participants. Representatives of the units also had a short discussion about the achievements in digital transformation in Vietnam as well as the potential of digital assets.

By the end of 2021, Can Tho City had about 628 enterprises operating in the digital technology sector, helping to increase the industry's total domestic revenue to VND 4,785 billion. This shows that Can Tho City is making strong strides in the digital transformation process, an inevitable trend and also a must-do in the new era.

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