ACCELERATION FOR VIETNAM'S TOP STARTUPS

VYE<>HATCH! ACCELERATION PROGRAM is an intensive, 4-month program for early-stage technology- and science-based startups, with the aim to prepare the company to be investment ready.

Under the supervision of certified experts from the world's leading incubation/acceleration training program in the United States, our program features an effective mentorship model, and a skin-in-the-game seed-fund from impact investors, to prepare startups to scale up and be sustainable.

In 2017, the program is implemented by HATCH! VENTURES VIETNAM in association with Viet Youth Entrepreneurs. With this strategic partnership, we aim to reach to the most potential companies in Vietnam and provide them with support to commercialize their businesses.

JOIN OUR 2017 COHORT

Up to 8 start-ups from Hanoi, HCMC or Da Nang will be selected; in this cohort, we prioritize IT, Tech, ICT, IoT, and Industrialization 4.0 -start-ups. We also prioritize companies having social impact as a part of their business model. Our goal is to find, and work with smart, creative problem-solvers from various sectors and support them to be an international player in a few months.
 

ACCELERATOR PROGRAM

TRIANGLE MENTORSHIP MODEL

Under the program, each company will receive up to 3 mentors who are experts in Product Development, Business Development and Finance / Fundraising. In addition, companies have access to the program mentor pool, and a series of workshops and coaching sessions to improve business and management performance. ​

SEED-FUNDING FOR COMPANIES

Three selected companies having social impact in their business models will be eligible for a special seed funding opportunity, from a USD 90,000 pool. A follow up funding for the best performing company, USD 15,000, will be awarded at the end of the program.


Startups participated in the Program shall be considered and guided to apply for the Seed Funding, which ranges from $25K to $90K, from Department of Science and Technology (DOST).

WHO SHOULD APPLY?

  1. Developed product/service that is IT- or science-based
  2. Minimal viable product, fast product development cycle
  3. Under five years in operation
  4. Rapid growth potential
  5. Positive social impact is a plus

SELECTION CRITERIA

1. Founding team and execution plan
2. Innovativeness of solution
3. Market size
4. Significance and/or impact of problem being solveed
5. Competitiveness

FIRST CUSTOMERS PROGRAM

Going along with this Funding Opportunity is First Customers Program. We understand the importance of getting the cash flow going and growth speed of a startup. That is why we make it our utmost priority to promote and support startups with gaining new customers, as those early adopters are the ones who can give extremely helpful feedback to startups in the long run.

PARTNERS