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FundGo: Inspiring Innovative Startup

23/06/2022

https://dnvn.com.vn/quy-dau-tu-fundgo-khoi-nguon-khoi-nghiep-sang-tao-d419722/FUNDGO Innovative Startup Investment Fund (abbreviated as FUNDGO) was officially established on March 8, 2022. The Fund was formed with the purpose of supporting, sponsoring and investing in startups.

The launch ceremony of FundGo Startup & Innovation Fund welcomed Mr. Nguyen Trung Nhan - Chairman of VFF Committee of Can Tho City, Mr…

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".

Sharing about the reason for establishment and the goal 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."

Mr. Dinh Tuan Kiet - Chairman of FUNDGO Fund

Mr. Kiet said that the FUNDGO investment fund is managed by TRUSTpay Joint Stock Company (TRUSTpay). The fund operates on the model of the Investor Congress, the Fund Representative Board and the Creative Startup Investment Fund Management Company.

With the mission of nurturing and investing in startups and small and medium-sized enterprises with high innovation and creativity, 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 enterprises, including convenient mobile applications, technology initiatives supporting agricultural activities and especially projects using blockchain technology with high practical application potential, accompanying and developing according to the policies of the government and the state in the new era.

In addition, FUNDGO also has preferential mechanisms for supporting enterprises or enterprises belonging to the city's key economic sectors, enterprises applying high technology in production, practical inventions with high commercialization potential, etc. initiated by scientists, lecturers, students, and alumni of universities in Can Tho City. Thereby, FUNDGO's activities and vision are of great significance for the development of Can Tho City.

The event was attended by leaders of Can Tho City People's Committee, leaders of departments, agencies, businesses, individuals and press and media agencies. 

At the ceremony, Mr. Nguyen Ngoc Dung - Chairman of Vietnam E-commerce Association (VECOM) also expressed his joy at the establishment of FUNDGO. He also hoped that in the near future, Tay Do will become the "technology capital" of the Mekong Delta, not inferior to Ho Chi Minh City and Hanoi. "Vietnam E-commerce Association will coordinate with the Women's Union, City Youth Union, state management agencies and business communities to make Can Tho develop more strongly in the near future", Mr. Dung said.

Within the framework of the ceremony, FUNDGO signed a cooperation agreement with Can Tho City Youth Union and signed an investment agreement with 6 other units, respectively HanaGold Gold and Gemstone Joint Stock Company, Phu Sa Biochemistry Company Limited, Samaki Power Joint Stock Company, Bitback project, Bami Pawn Shop project and Hesman project.

Also at the launching ceremony, the book project Investing in digital assets: “From roots to success” was officially announced. Five units including: Vietnam E-commerce Association (VECOM), Digital Transformation Alliance (DTS), TRUSTpay Joint Stock Company, ONUS Technology Joint Stock Company and IM Group Digital Transformation Academy signed a cooperation agreement.

Launching ceremony of the book project “Investing in digital assets: From roots to success”

Thanks to its extensive credit relationship network and strong potential from its partners, FUNDGO has many advantages in supporting young businesses to access investment opportunities. Hopefully, in the future, FUNDGO will become an incubator for startups, helping companies have better orientations and contributing to the sustainable development of Can Tho City.

According to Intellectual Property

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