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Instead of having to "swim" in the market when participating in startups, many businesses, according to Mr. Dang Van Chinh - CEO of ALFAT Software Technology and Investment Joint Stock Company: "When participating in an incubator, businesses are connect and receive the guidance of experts, connect customers, partners, media... to help products reach customers in a better way.
Being well aware of the role and development potential of small and medium-sized enterprises in the national economy, over the past time, the Party and State have issued many guidelines and policies to support development, in which the Business incubator is considered an effective tool to support start-ups.
Because, having a good business idea is only one of the conditions for entering the market, not a success factor. Incubators are likened to a link between resources, helping Startup attract investors to participate in the process of creating capital for the company to develop products and improve business systems. Thereby, helping start-up businesses grow and develop sustainably.
“The support of incubators is extremely important in the process of building an innovative startup ecosystem. In particular, focusing on finding and investing in startups with ideas for developing software technology, incubating and orienting Vietnamese investors on experience, technology knowledge, market... This is the bridge between businesses and investors around the globe, providing opportunities for cooperation in the early stages with support to raise capital and connect funds for startups and businesses in need of capital. However, the incubator is not only a place to inspire creativity for individuals, entrepreneurs and start-up teams, but also becomes a place to connect passions to launch breakthrough products and bold ideas because a business community to develop together" - CEO Dang Van Chinh analysis.
In fact, many start-ups spend a lot of time perfecting their business ideas because they have to tinker with and learn about product development, business problems or difficulties in starting a business. Find the right Mentor, connect domestic and foreign experts and advisors. However, after participating in startup incubators, young entrepreneurs have solved the remaining problems.
Mr. Dang Van Chinh (far left) and Mr. Dam Quang Thang - CEO of Agricare Vietnam, Owner of The BizCare Space I Innovation Startup Incubator (3rd from left) welcomed the Startup Support Department in the morning. Created under the Hanoi Business Support Center.
That has been experienced by ALFAT Software Technology and Investment Joint Stock Company itself after becoming a member of BizCare Space I (referred to as BizCare Incubator). CEO Dang Van Chinh shared: When participating in the BizCare startup incubator, ALFAT had the advice and guidance of experts in many contents and knowledge such as financial management, human resource management, business business…; at the same time, it helps to connect customers, partners, media... from there the products reach customers in a better way. The shortcomings of the startup will be mentored and trained by experts to overcome step by step.
Not only that, besides the support of the incubator, the startups participating in the incubator also have a close relationship and have a very good reciprocal support. In particular, State agencies also create favorable conditions for businesses belonging to start-up incubators in legal issues, benefiting from policies according to the Resolution of the State.
From the perspective of the owner of the incubator, Mr. Dam Quang Thang - President of VSMA, CEO of Agricare Vietnam, Owner of Bizcare Incubator affirmed: "Complete, modern facilities, creative design space to create A dynamic and community-based working environment is one of the factors promoting the success of Startups. Startups at the Incubator are also very diverse in areas of activity such as: Providing accounting software solutions applying cloud computing technology; Providing consulting services on appraisal of prices, providing standard and technical conformity certificates for labor protection equipment, bidding consultancy; Providing environmentally friendly, environmentally friendly wooden knives, spoons and forks…”. With basic support from incubators, young people and startups, they have had the opportunity to get closer to their dreams and build their own businesses.
Bizcare officially became an in-depth trainer and consultant for Truong Foods Company
Admittedly, over the past time, start-up policies, notably Project 844, start-up support organizations, investment funds and the dynamism of startups have helped Vietnam's start-up picture become more and more popular. diversity. The role of incubators in connecting, training and coaching is increasingly important. The BizCare Space I is not only a place to inspire creativity for individuals, entrepreneurs, and start-up teams, but also a place to connect passions to launch breakthrough products. Innovative, bold ideas for a growing business community Faster - More Sustainable - Smarter.
Source: Quang Linh
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