VSV- Nghe An Ventures is established by 18 leading entrepreneurs in Nghe An to promote and support startup ecosystem in Nghe An Province. We aim to become the launching pad for startups to attain "The Miracle of Lam River".
VSV - NA Ventures is established with the aim to capture the strong growth potential of Nghe people's start-up finding smarter solutions to the challenges posed by nowadays. Above all, we would like to attract successful Nghe people not only in Vietnam but around the world to build the greater Nghe region of tomorrow.
We are a mentorship-driven accelerator program for early-stage Vietnam start-ups, providing seed capital (up to USD 40.000) with follow-on possibility (up to USD 100.000), office space and world-class mentors.
The program is managed by Vietnam Silicon Valley who had several years of experience in running Business Accelerator in Vietnam.
We are experts on mentoringin an organizational context - and all are tailored to fit the start-up and strategic imperative. Feel free to take advantage of our top-notch in-house & 100+ external mentors network.
Our managers have created over 80 start-ups now worth tens of millions of dollars. They’re funded by some of the most prestigious investors, including Golden Gate Ventures, Smilegate Ventures, 500 Startups, Nextrans, etc.
Whether you're an idea or a start-up at the growth stage, we offer a personalized design-build coaching program to meet your every need in company building.
VSV - NA Ventures Batch 1
Proudly bought to you by VSV - NA Ventures & VSV Foundation
The start-ups participating in this batch will have a wonderful opportunity to explore the Central Vietnam market where the company operation expense and the level of competition are much lower than in other regions. Moreover, your go-to-market strategy also will be ensured by the active support of the 18 founding members of VSV - NA Ventures as well as the local government agencies.
Funding - Up To $40K
The Start-up will receive up to USD 40.000 funding in exchange for 10% equity. The investment will be enrolled over a 4-month accelerator bootcamp period.
Follow-up Funding - Up To $100K
During and after the program, we will make warm introductions to our +100 angel investor and VCs network giving you chances to raise up to USD 100.000 follow-on investment.
5-7 hours a month of one-to-one guidance from our top-notch in-house mentor team
Exclusive one-to-many sessions with high caliber business leaders and industry experts
Secured office space in our dynamic work environment. We have three co-working spaces at Ha Noi, Vinh City and HCM City for start-ups to choose to move in
Access to over USD 100,000 in value-added service discounts from providers like Amazon, Microsoft, Baker McKenzie Vietnam, HubSpot, Top CV and more
How It Works
All applications will be evaluated by our mentor panel of experienced business leaders and entrepreneurs, all of whom have either started their own business or have funded a successful startup business
Applicants will be screened online based on the answers on the application form and selected for the next round
40 selected startups will be invited to join a 30 minutes video call in order to evaluate their personalities, mindsets, and collaboration with the program
20 selected startups will be invited to make a 15 - 30 minutes presentation in front of VSV - NA Investment Board and senior experts
5 selected startups will enter a 4-month bootcamp program with access to mentoring and up to USD 40.000 funding in exchange for maximum 10% equity
Timeline & Details
01-03-2021: Open Application
18-04-2021: Close Application
25-04-2021: Online Interview
08-05-2021: Investor Interview
01-06-2021: Accelerator Bootcamp Start
25-09-2021: Demo Day
*Note: All dates above are expected and subject to change