A start-up business showcases its products on the sidelines of a conference in Cần Thơ on Friday. VNA/VNS Photo Ánh Tuyết HCM CITY — Developing an innovative entrepreneurial eco-system and attracting participants to it were among the topics discussed at a seminar in Cần Thơ on Friday. Vũ Minh Hải, director of the city Department of Science and Technology’s Science and Technology Information Centre, said Cần Thơ had the basic components required for an innovative start-up eco-system such as 18 institutes and schools, 89,000 students and 15 start-up support organisations. He added that there are three shortcomings in the innovative entrepreneurial eco-system in Cần Thơ in particular and the country in general: poor start-up culture (fear of risks or failure), lack of key stakeholders (advisors, investors and others) and weak internal and external co-operation and linkages resulting in a lack of start-ups with innovative and breakthrough ideas. Cần Thơ has a programme to support innovative start-ups in 2017 – 20 with a total budget of VNĐ14.8 billion (US$637,711). It focuses on communication to change the mindset and entrepreneurship culture, training to help start-ups improve their entrepreneurial capacity and offering support to selected start-ups in terms of facilities, equipment, management… Read full this story
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