ICM and WIForum cooperate to connect foreign investment capital for Vietnamese startup market.

ICM and WIForum cooperate to connect foreign investment capital for Vietnamese startup market.

Mr. Nguyen Viet Duc – CEO ICM (left) and Mr. Axel Schultze (right)
  On November 20, at the ICM Office – KOVA Center Building, the signing ceremony of a memorandum of understanding (MOU) was held between the CEO of Innovation Capital Management (ICM) – Mr. Nguyen Viet Duc and the famous Swiss billionaire – Mr. Axel Schultze. Mr Axel Schultze is currently the Chairman of the World Innovations Forum – the World Innovation Forum, a non-governmental organization for development and innovation based in Switzerland and represented in many countries.
      The goals that ICM and the World Innovations Forum work towards are to support, develop startups, and connected investors and the Government to these projects.
This time he came to Vietnam to accompany the “Seeding Innovation 2020” program and had a private meeting with ICM’s Board of Directors. He said successful entrepreneurs are often have some crazy ideas but extraordinary and can greatly help the economy. The FDI map that he brought also showed that Vietnam is a country that does not have much investment from foreign capital for development but we have potential to increase more than 14.2 billions we had right now.  
  After the discussion, both sides felt the same viewpoint and common viewpoints in supporting and developing Startup, especially when Mr. Duc share of the Startup support journey in Vietnam. Although there are still many challenges and difficulties, the Vietnamese startup community is growing and learning to grow, ICM has been accompanying businesses on this path with effective management methods. The most effective approach to investors is to open up close and mutually beneficial connections for investors and startup projects. Thereby, they have planned for many future collaborations and subsequent meetings. As a result, the two sides signed a memorandum of cooperation for the first time and had a good start. The purpose of this partnership is to assist startups in calling for capital investments, connecting investors and exchanging knowledge on building a startup ecosystem. Both organizations are committed to supporting each other in promoting the development of startup investment projects. WIFORUM will bring international experience and experience activities to investors, ICM will join in building this knowledge block for the startup ecosystem in Vietnam and legal consultancy activities and supporting foreign investors’ access to Vietnam trade market.
 

In the coming time, ICM will take more solid steps to improve the investment and innovation startup ecosystem, contributing to the overall development of the national startup ecosystem thanks to the companion, support from Mr. Axel Schultze and the World Innovations Forum.