Hanoi incubator is an entreprise which assists startups in running their businesses. They provide several services and facilities like office space, equipment, mentoring/training assistance, advices, and capital to new businesses that are just getting started.

Business incubators in Hanoi are set up by :

• universities like FIIS
• non-profit groups like HBI-IT
• by venture capitalists

In more details who are they, what are their activities ?

• FIIS:

This incubator is located in the campus of the Foreign Trade University and helps student to transform their project idea in a real project. They will make or improve their business-model, give them the chance to realize a prototype and do a market analyse to see the potential of their project. Added to those services, they also finance some projects and provide a co-working place.

Interview with FIIS :

– What are exactly your activities ? “FIIS started their activities last year in 2017. They help students who have a project idea. They select the best and most talented projects to finance them and help them since the beginning. They follow them, provide them business model, do a prototype of their project, test the potential of their product on the market and give them a networking of professionals”. To resume they transform an idea in a real project. This year, they help 7 projects. They are going to open an opens pace in few weeks in the FTU campus.

-Why should students go to this incubator ? Firstly because government is promoting its Science, Technology and Innovation strategy and want to support innovative projects and structure in the next years. More, students can be lost in the development of their project and the processus to implement the strategy test the market, the potential of their product and they usually need resources. In tis aim, FIIS provide them the resources to make their project real.

• HBI-IT :

This is the first incubator in the information technology field set up by the municipal People’s Committee and managed by the city’s Department of Information and Communications. It’s been made to build an ecosystem that support, promote and connect start-ups.

They provide:

– co-working areas

– technologic equipment to make their product

– training in communication, marketing and development of products

– possibility to be financed and get funding from local and international investors

• 5 Desire:

5DESIRE is an Incubator and Consulting firm focusing on information and communication technologies.

A limited number of the best start-ups are chosen by 5DESIRE Lab to participate in an incubation program focusing on product development, technology, business strategy, etc. During this incubation process, 5DESIRE works intensively with these budding companies to enable them to thrive and flourish by themselves.

Fee: Share / Consultant Fee

writers : ?

Agathe