Da Nang Venture and Angel Summit connects startup projects with investment funds

Voice of Vietnam

Da Nang has been honoured three times as an Attractive City for Innovative Startups in 2020, 2022, and 2023 by the Vietnam Software and Information Technology Services Association (Vinasa).

Innovative projects and startups are expected to contribute to transforming growth models and creating more added value, said Ban, adding that the city hopes to attract further large businesses, investment funds, angel investors, and scientists to accompany innovative startups moving forward.

For his part, James Tan, representative of Quest Ventures Venture Capital Fund, suggested that to develop an effective startup ecosystem, local authorities should actively seek solutions to support businesses.

Da Nang is one of the localities that has succeeded in strengthening linkages to find support in terms of capital sources for start-up businesses, noted Tan.

He pointed out that during the event a number of large corporations have participated and are willing to purchase services and products from startups.

He expressed hope that the city would continue to successfully call on many large corporations to participate in supporting the innovative startup network moving forward.

In addition, the event will also see the debut of the innovation collaboration space of Quest Ventures investment fund in Da Nang.

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