Finnish-Viet IPP-incubation centre launched in HCM City

Việt Nam-Finland Innovation Partnership Programme (IPP)

An incubation centre for technological and mechanical businesses opened in Ho Chi Minh City on 4 August. The centre was initiated through the Vietnam-Finland Innovation Partnership Programme (IPP).

The centre is open to universities, institutes and businesses, but also local entrepreneurs and statups engaged in technological and mechanical areas.

The center is a joint project between the Alliance of Mechanical and Technological Businesses and the Hoa Sen Vocational College. The cooperation was coordinated by the Ho Chi Minh City chapter of the Vietnam Chamber of Commerce and Industry, with support from the IPP.

According to Lauri Laakso, advisor to the project, the centre seeks to improve Vietnam’s innovation capacity, particularly in major cities, adding that it offered various kinds of support such as expertise and funding for start-ups, he told Viet Nam News.

The project is intended to expand to other sectors, beside technology and mechanics. The first applications foir the centre should be sent no later than 4 September 2016.

The IPP commenced in 2009 and is a joint project funded by the Vietnamese and Finnish governments. The program aims to promote sustainable economic growth in Vietnam through the production and export of innovative products and services, mainly through funding projects, training staff and networking.

Read Also:

Finland-Vietnam Innovation Partnership Program Phase II gears up for 2016


VNS (4 August, 2016)


About Anders Bo Andersen

Anders Bo Andersen Intern at ScandAsia Thailand Twitter: @andersboand91 Facebook: Blog:

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