Nextrans to train budding VCs; Vibeji raises $70k from Reapra
South Korean early-stage investor Nextrans has set up the VC foundation program to train all VC-oriented candidates in Vietnam while skill sharing marketplace Vibeji has raised $70,000 from Singaporean venture builder Reapra.
Korea’s Nextrans sets up a VC foundation program in Vietnam
South Korean early-stage investor Nextrans has set up the Venture Capital Foundation Program to train potential VCs in Vietnam, according to an announcement.
The 10-week program seeks to promote the development of Vietnam’s startup ecosystem to catch up with top regional countries in terms of both scale and professional capacity.
The program will offer knowledge of the venture capital field, analysis of venture deals and sessions with successful startups and famous VCs in the region.
Candidates will be taught by experts from Vietnam, South Korea, Nextrans partners in Singapore, Japan and the US.
“The boom of the startup ecosystem in Vietnam has attracted the attention of many domestic and foreign venture capital funds,” the firm said in its announcement.
“However, one of the biggest challenges that draw a gap within the picture is the lack of skilled human resources in the field of VC or dealing with VC, leading to a lack of professionalism in the process of raising capital among startups, or a call on exotic consultant with very high costs,” it added.
Nextrans is seeking to hit a target of a total of 100 investments this year in Vietnam. It deployed $4 million across 17 deals in the country and typically makes seed-stage investments in fintech, logistics and healthcare sectors.
HCMC-based skills platform Vibeji raises $70k
Vietnam’s skill sharing marketplace Vibeji has raised S$100,000 ($70,000) from Singaporean venture builder Reapra, according to an announcement.
Founded in 2018, Vibeji allows users to offer and book activities online. The business, Vibeji said, encourages young people to commit to social distancing without fully giving up on entertainment, meeting people, and other experiences.
Additionally, it provides a second source of income for those who lost their full-time jobs or are suffering from unpaid job termination, the startup said.
Launched in January 2014, Reapra is a venture builder and investment group based in Singapore with a strategic focus on developing sustainable businesses. Reapra works with 63 companies in 13 countries.
In the context of international integration today, our TECHFEST VIETNAM 2018 event will be held on 30.11.2018 at the Ariyana Convention Center to create a bridge between the innovative ecology of Vietnam and other countries in the world, from which Vietnam's ecosystem builder could recieve experience and acquire knowledge.
2-DAY BOOTCAMP FOR MANAGERS OF INCUBATORS, ACCELERATORS, ENTREPRENEURSHIP PROGRAMS
The 844 Program and Swiss Entrepreneurship Program, therefore, organize a 2-day bootcamp led by veteran international incubator-accelerator manager will provide opportunity: Access knowledge and expertise in running incubators and accelerators; Learn best practices for program design, delivery, and company support; Address specific issues that the managers of incubators and accelerators face in daily operations; Expand business network and explore collaboration opportunities both nationally and internationally.
VIETNAMESE AND INTERNATIONAL STARTUP EXHIBITION
Exhibition of Vietnamese and international startups is one of the most important activities of TECHFEST 2018.
About 200 potential startups and outstanding startup supporting organizations will exhibit their products and services in the Exhibition area. This is a place where startups can:
- Display future prototypes and on-site demo and test the viability of their product;
- Raise brand awareness via local and international media channels;
- Interact with potential customers and partners at the event;
- Build linkages with the startup ecosystem in Vietnam and in the region.
Startups participating will be divided into 08 startup technology villages: Edtech, Fintech, Agritech, Tourism, Industry 4.0, Impact and Startup supporting community.