The U.S. Department of State Global Innovations through Science and Technology (GIST) Initiative, together with implementation partner VentureWell, and local partners Fablab Da Nang and Hatch! Ventures (now Draper Startup House), supported the Vietnam startup ecosystem in 2019 by offering a series of GIST Investors Mobilization Training programs. During each program, leading global investors trained Vietnamese investors on the fundamentals of angel investing, conducting due diligence, managing portfolios, and negotiating term sheets and valuations.
- GIST Launches Three-Part Series to Support Vietnamese Angel Investors
- Vietnamese Angel Investors Learning How to Invest in STEM Startups
These programs have equipped Vietnamese investors with a sound knowledge base so they can continue to support the thriving Vietnamese entrepreneurial ecosystem.
Vietnam has become one of the most dynamic emerging economies in Southeast Asia over the past three decades. Key contributors include government policies and U.S. - Vietnamese bilateral cooperation on fostering growth in technology and innovation. Vietnam’s startup scene now boasts more than 3,000 startups, many of which seek to solve local problems through the use of technology.
The GIST Investors Mobilization Training program was offered in three cities:
- Hanoi
- Da Nang
- Ho Chi Minh City
At each program in this series, leading global investors shared best practices on the fundamentals of angel investing, conducting due diligence, managing portfolios, and negotiating term sheets and valuations. The overall program equipped participants with a sound knowledge base so they can continue to support the thriving Vietnamese entrepreneurial ecosystem.
About GoFablabs
GoFabLabs is a public-private partnership between the University of Danang, Arizona State University, and VENTI Inc. GoFabLabs is a combination of FabLabs and Makerspaces that create opportunities for STEM innovation and collaboration. It has a variety of programs that provide support for K-12 and university students and entrepreneurs.
About Hatch! Ventures (Draper Startup House)
The mission of Hatch! Ventures (Draper Startup House) is to capture the value and entrepreneurial spirit of millennials (and the future Generation Z) by creating a community in which each individual can connect, develop and prosper. They provide community-building, co-working space, and acceleration.
About Venture Management Consultant Group
The Venture Management Consultant Group (VCMG) provides proper and timely services and solutions that can optimize the business values of Vietnamese clients and overseas customers. VCMG create typical marketplaces that can intelligently match providers and buyers, as well as provide mentoring and investing in potential tech startups.