Da Nang signs start-up cooperation agreement with CrossFund Vietnam Company

ĐNO - On the afternoon of October 24, the Danang Center for Supporting Innovative Startups (Department of Science and Technology) and CrossFund Vietnam Company Limited signed a cooperation agreement in training, investment connection and development of the innovative startup ecosystem.

Mr. Vo Duc Anh, Deputy Director of the Danang Center for Supporting Innovation and Startups (2nd from left) and Mr. Davide Cali, Director of Crossfund Vietnam Co., Ltd. (2nd from right) exchanged the cooperation minutes. Photo: M.QUE

Mr. Vo Duc Anh, Deputy Director of the Danang Center for Supporting Innovative Startups, said that the cooperation with Crossfund Vietnam is an important step to expand the international network, creating conditions for Danang startup projects to access global investment opportunities.

The center will closely coordinate with Crossfund in implementing training programs and connecting investors, thereby contributing to the strong development of the city's innovation ecosystem.

The two sides agreed to cooperate on the following contents: coordinating training for angel investment fund networks, supporting the formation of potential investors for early-stage startup projects.

Build and deploy incubation and startup acceleration courses, contributing to improving the capacity of innovative startups in Da Nang.

Promote and connect the startup ecosystem, foster cooperation opportunities between investment funds, businesses, institutes, schools and domestic and international startup communities.

CrossFund is headquartered in Singapore. This is a platform that helps startups get the best start in raising capital as well as connecting with major partners in the world .

Crossfund currently operates in 29 countries with more than 100 investment deals, with a total portfolio value exceeding 500 million USD, focusing on areas such as financial technology, health technology, education technology, etc.

Crossfund Vietnam Co., Ltd. was established to directly support Vietnamese startups in accessing capital, developing capacity and expanding international markets. Crossfund invests in many potential startups in Vietnam with a total value of more than 10 million USD, achieving a portfolio growth rate of 4.8 times.

Source: https://baodanang.vn/da-nang-ky-ket-hop-tac-khoi-nghiep-voi-cong-ty-crossfund-vietnam-3308249.html