Launch Ceremony of FundGo Startup & Innovation Fund

Overview of the ceremony

Attending the ceremony were representatives of the People's Committee of Can Tho City, the Front Committee of Can Tho City, departments, branches, Can Tho City Youth Union, etc., along with accompanying units, businesses, individuals and press and media agencies interested in start-up activities.

Delegates attending the ceremony

The main content of the ceremony includes 3 parts. The program to launch the FUNDGO Creative Startup Investment Fund and two signing ceremonies, including the signing ceremony of the program to support creative startups for young people between FUNDGO and Can Tho City Youth Union and the investment signing ceremony with 6 units, respectively HanaGold Gold and Gemstone Joint Stock Company, Phu Sa Biochemistry Company Limited, SAMAKI Joint Stock Company, Bitback, Bami Pawn Shop project, Hesman project.

Mr. Dinh Tuan Kiet - Chairman of FUNDGO Fund - Chairman of Can Tho City Young Entrepreneurs Association spoke at the ceremony.

Mr. Nguyen Ngoc Dung spoke at the ceremony.

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 new strides in the digital transformation process. In the spirit of the policy of Can Tho City People's Committee, FUNDGO was established with the aspiration to be a financial launch pad, supporting young pioneering enterprises with sufficient capacity to participate in the digital transformation process of the region.

With the spirit of nurturing and investing long-term 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 always encourages businesses with good technology orientation such as applications on Mobile and Internet platforms or potential agricultural technology applications in the Vietnamese market and countries with similar conditions in the world.

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

Investment signing ceremony with units

With a wide network of credit relationships and strong potential from partners, FUNDGO has many advantages in accessing investment opportunities. Hopefully in the future, FUNDGO will become an incubator for young businesses, helping businesses have better orientations and contributing to the more sustainable development of Can Tho.

This event is an opportunity for young people with ideas to start a business, innovate in business and promote digital transformation among youth union members following the general trend of the city. This is also a condition and opportunity for young people to access capital sources and support for start-up companies, helping young people "feel secure in starting a business".