Startup Vietnam Foundation Nets $98M Seed Round to Spark Innovation and Sustainable Growth Across Vietnam

Startup Vietnam Foundation (SVF) proudly announces a significant milestone in its journey to foster innovation and sustainable economic development across Vietnam. The non-profit organization has successfully raised 98,000,000, a testament to the confidence that backers and community partners have in its mission. Since its inception, SVF has been actively engaged in nurturing an innovation ecosystem and cultivating entrepreneurial talent across more than 28 provinces and major cities of Vietnam. With an impressive track record of impacting over 10,000 lives, SVF continues to drive meaningful change by bridging resources, expertise, and opportunities for aspiring entrepreneurs and innovators alike. The recent funding will be strategically deployed to expand SVF’s comprehensive programs and initiatives, designed to empower local communities and cultivate sustainable economic growth. In an era of rapid technological advancement and increasing global competition, this infusion of capital will enable SVF to broaden its support for start-ups and small businesses. By enhancing its training modules, mentorship programs, and facilitator networks, the organization is set to deepen its engagement with emerging entrepreneurs, offering them the tools and guidance necessary to transform innovative ideas into scalable enterprises. Moreover, the funding will help intensify SVF’s advocacy work, enabling stronger collaborations with governmental agencies, academic institutions, and industry leaders. This collaborative approach is pivotal in shaping a robust entrepreneurial ecosystem that not only drives economic progress at the provincial level but also contributes to national development. As SVF embarks on this new phase of growth, the organization reaffirms its commitment to fostering a vibrant and inclusive innovation landscape for Vietnam, ensuring that every aspiring entrepreneur has a fair chance at success.