VIISA hosts 3rd Investment Day

Friday, Jul 06, 2018 16:02

Male startup representatives present to seek investment at the event. — VNS Photo

The Vietnam Innovative Startups Accelerator (VIISA) recently held its third Investment Day in HCM City.

The event comprised of six startup pitches, drawing the attendance of over 100 investors, corporate partners and mentors.

Investment Day is an opportunity for members of the startup community to meet, discuss and seek opportunities from leading regional investors.

The three best startups in the Acceleration Programme Batch 3 in various fields such as smart farming, digital and software services had a presentation on products and strategies to successfully call for investment from domestic and foreign investors.

Promising teams will also get up to US$200,000 in further investment funding.

Over the last three months, the startups from Acceleration Program Batch 3 received investment of US$15,000 cash and an undisclosed amount of in-kind services. They were also heavily involved in various activities, ranging from one-on-one sessions with seasonal investors, to dedicated workshops with experts in growth hacking, data analytics and storytelling, with participants including but not limited to mentors and partners from Viet Nam and beyond.

In addition, the each startup company was provided technical resources, office accommodation and access to world-class mentors and suitable investors. Investment Day is a chance for startups to demonstrate the skills they have learned and to seek investment.

This Investment Day also witnessed the attendance and presentation of three portfolio companies from VIISA’s previous Batches, which together already raised over $800,000 in their previous rounds. The teams return to this Investment Day with the expectations of closing their upcoming round, in order to take their businesses to the regional and global stage.

As part of Investment Day, VIISA officially called for startups to participate in the Accelerator Program Batch 4 at VIISA at the website starting on July 6. VIISA Accelerator Program Batch 4 is scheduled to begin in the fourth quarter of this year. — VNS

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