OUR STORY
In 2013, for the first time in Vietnam, the Ministry of Science and Technology and the Vietnamese Government created an initiative directed at stimulating the growth of technology startups in Vietnam. The project called Vietnam Silicon Valley (or "Project Commercialisation of Technology Following the Silicon Valley Model in Vietnam" in Vietnamese) - widely known as VSV, sought to create an ecosystem of innovation and technology commercialisation in Vietnam, by combining the Vietnamese entrepreneurial spirit and innovative nature with proven practices Silicon Valley has to offer in startup acceleration and investment. The project marked the beginning of a dynamic and exciting era for startup and entrepreneurship in Vietnam.
2013 – VSV
Vietnam Silicon Valley founded as a government project to build Vietnam startup ecosystem
2014 – VSVA
Set up VSVA as the first accelerator in Vietnam,
with the first batch of 9 startups
2019 – VSV Capital
First investments made from
venture capital fund
In 2014, the team behind Project VSV founded Vietnam Silicon Valley Accelerator, or VSVA, making it the first startup accelerator in Vietnam, to continue their mission in developing the Vietnam startup ecosystem. Over the past 6 years, we have helped more than 100 entrepreneurs build their companies and go on to raise millions of dollars in the next rounds of funding. In 2019, to further draw attention to startups at the most highly potential but also highly underserved segment in Vietnam, we raised our first seed-stage venture fund in addition to our accelerator fund, and started operating under the name VSV Capital.
WE STAY TRUE TO OUR ROOTS
As a private firm, VSV Capital continues to keep a close partnership with many government initiatives, and becomes the go-to organisation chosen by the government to hold startup events and to help building favourable regulations and policies for startups. We have collaborated with many government projects that center around the development of the Vietnam startup ecosystem like MOST's Project 844, Techfest Vietnam, AI4VN; DOST's SpeedUp, WHISE etc. to name a few.
VSV Capital keeps getting better with more fundings and partnerships in Vietnam as well as abroad. Our investment funds have the participation of large foreign enterprises such as Lotte Group and Ascendo Ventures, as well as individual investors who are former directors of SK Corps, Samsung Group etc. and notable figures like the former Minister of Science and Technology.
Apart from co-organising startup events and competitions with local institutions, we also collaborate regularly with international organisations, many of whom are Korean. Most notably, every year since 2018, we host 10-12 Korean startups for our Global Acceleration Program for Startups in collaboration with the Korea Institute of Startup & Entrepreneurship Development.
A sentence or two describing this item. Lorem ipsum dolor sit amet, consectetuer adipiscing elit, sed diam nonummy nibh euismod tincidunt ut laoreet.VSV Capital keeps getting better with more fundings and partnerships in Vietnam as well as abroad. Our investment funds have the participation of large foreign enterprises such as Lotte Group and Ascendo Ventures, as well as individual investors who are former directors of SK Corps, Samsung Group etc. and notable figures like the former Minister of Science and Technology.
Apart from co-organising startup events and competitions with local institutions, we also collaborate regularly with international organisations, many of whom are Korean. Most notably, every year since 2018, we host 10-12 Korean startups for our Global Acceleration Program for Startups in collaboration with the Korea Institute of Startup & Entrepreneurship Development.
A sentence or two describing this item. Lorem ipsum dolor sit amet, consectetuer adipiscing elit, sed diam nonummy nibh euismod tincidunt ut laoreet.STAY TRUE TO OUR ROOTS
As a private firm, we continue to keep a close partnership with many government initiatives, and became the go-to organisation chosen by the government to hold startup events and to help building favourable regulations and policies for startups.
We have collaborated with many government projects that center around the development of the Vietnam startup ecosystem:
Project 844 – “Support Innovative Startup Ecosystem in Vietnam until 2025” – A national program signed by the Prime Minister and assigned to the Ministry of Science and Technology in 2016.
SpeedUp – A funding support program for startups, managed by the Department of Science and Technology of Ho Chi Minh City and a number of designated accelerators, including VSVA.
Techfest Vietnam – The biggest annual startup event chaired by the Ministry of Science and Technology.
And many more
Ministry of Science and Technology (MOST)
HCMC Department of Science and Technology (DOST)
Techfest - Biggest annual startup event in Vietnam chaired by the MOST
Project 844 - Government Initiative for Startup Ecosystem in Vietnam
