Swiss ep 2025 - action plan session - team 4.1
Short Summary:
Team 4.1, "Global Ino youer to five x," presented an action plan for fostering a Vietnamese startup ecosystem to achieve global market penetration. Their strategy focuses on a multi-stage process, starting with awareness-raising and pipeline development (aiming for 100,000 project ideas by 2027), progressing through incubation (10,000 graduates), early-stage VC funding (5,000 startups by 2027), and finally, global expansion (900 successful startups by 2027). The plan emphasizes a "think global, act local" approach, leveraging university partnerships, research centers, and private incubators. No specific technologies were mentioned, but the focus is on supporting startups across their lifecycle to achieve global success.
Detailed Summary:
The presentation outlines a comprehensive plan to cultivate a thriving startup ecosystem in Vietnam, ultimately aiming for global market penetration. The plan is not tied to a specific program but rather envisions a holistic approach encompassing various stakeholders.
Section 1: Introduction and Vision: The team introduced themselves and their ambitious vision: "to bring We Up To Go Global," using a "think Global but act local" strategy. Their goal is to build and incubate potential startups in Vietnam, supporting their growth into global markets. This isn't limited to a single program but rather aims to impact the entire stakeholder ecosystem.
Section 2: Pipeline Development and Awareness: The plan begins with building a robust pipeline of potential startups. This involves collaborating with universities, research centers, and support organizations to raise awareness of entrepreneurship, identify promising technologies, and support R&D. A key target is generating 100,000 project ideas by 2027.
Section 3: Incubation and Support: The incubation phase involves partnering with universities, research institutes, and private incubators to provide training, mentoring, commercialization support, team matching, and funding. The aim is to graduate 10,000 startups from this stage.
Section 4: Early-Stage VC and Growth: Once startups achieve product-market fit and show growth potential, they transition to early-stage VC funding. This stage focuses on providing further training, funding, and support for business expansion within Vietnam as a foundation for global growth. The target is to support 5,000 startups by 2027 at this stage.
Section 5: Global Expansion and Success: After achieving early profitability, startups are expected to secure funding from larger global investors and leverage government support to expand into international markets. The ultimate goal is to achieve 900 successful startups by 2027.
Section 6: Call to Action: The presentation concluded with a call for commitment from partners present, inviting them to sign a pledge to support the plan. The team emphasized their philosophy and the collaborative nature of their approach. No specific technologies were mentioned, the focus being on the overall ecosystem development and support structure.