5 business incubator projects in Vinh Long raised nearly 2 billion VND

At the Demo Day event, 5 startup projects of students from the Vinh Long Business Incubator, under Tra Vinh University, successfully raised nearly 2 billion VND in capital.

On September 22, according to information from Tra Vinh University, at the recent Demo Day event, 5 start-up projects of students of Vinh Long Province Business Incubator, under Tra Vinh University, successfully called for investment capital with a total amount of nearly 2 billion VND and many other material investments.

The organizers awarded certificates to students at Vinh Long Business Incubator

PHOTO: NAM LONG

Specifically, 2 projects received direct capital investment, respectively 1 billion VND and 400 million VND; 1 project called for 350 million VND - in the process of negotiating to increase the percentage of shares for investors; 1 consignment cow project was supported to invest 100 fattened cows; 1 decided to sell the business to investors for 1.3 billion VND but still keep 30% of shares and management rights. The remaining 2 businesses are continuing to call for capital.

This is the first time a business incubator under a university in the Mekong Delta has called for capital and achieved impressive results. This shows that the startup support programs and startup academy of Vinh Long Business Incubator are increasingly going into depth, creating trust and high appreciation from investors.

Students present projects to call for investment capital

PHOTO: NAM LONG

After nearly 4 months of training, students are equipped with the necessary knowledge and skills to confidently present their business models to investors, partners and experts.

In addition, on September 20, the program's Organizing Committee awarded graduation certificates to 15/20 students who completed the program and 8 students with outstanding achievements throughout the training program.

Source: https://thanhnien.vn/5-du-an-vuon-uom-doanh-nghiep-vinh-long-goi-von-duoc-gan-2-ti-dong-18525092209555921.htm