» Today: 10/12/2019
Ho Chi Minh City: 323 billion VND to build an innovative Start-up Center
The Ho Chi Minh City Creative Start-up Center project was built by the HCMC People's Council to support and connect start-up and innovation activities. The project has a total investment of 323 billion VND and is expected to start in early 2020 at the address of 123 Truong Dinh, District 3.

At the Consultation Workshop to build the Innovation Startup Support Center organized by the Ho Chi Minh City Department of Science and Technology of on July 17, Mrs. Phan Quy Truc, Technology and Market Management Department of Ho Chi Minh City Department of Science and Technology, said that the expected area of completion is more than 20,000m2, the Center is divided into many areas: General activities (training, events, and etc); Incubation area, laboratory; Office area; and etc.

In which, the common operation area is built by the State, the remaining areas will be invested by the community. The center has the function of organizing the focal point of innovation startup of the city; connecting activities to innovation startup; Support small and medium enterprises to apply science and technology advancement, intellectual property management, build business model. The center is also a focal point for international cooperation to innovation startup.

“The center will be built according to the public-private cooperation model. The state is responsible for infrastructure and land; the private sector will participate in incubation activities, investment funds, businesses, etc.” Mrs. Truc said.

According to Mr. Vu Tuan Anh, a startup expert, the construction and operation of the Center should be linked to short, medium and long-term orientations of Ho Chi Minh City in particular and Vietnam in general. In addition, the Center is not only a place dedicated to domestic startups but also to connect large international businesses with domestic startups.

In addition, some other ideas proposed when building the Center must bring inspiration to the community, invite more international experts to criticize, determine startup is the main object to be supported.

The Department of Science and Technology of Ho Chi Minh City has acknowledged the comments of experts, businesses, and managers, and then, advised the City to built and operate Center as soon as possible.

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