Taking enterprises as the center of research, development, application and transfer of technology, and application of digital technology, in recent times, the province has issued many support mechanisms and policies, organized specialized training programs, consulting, and connections to attract investment resources and support innovative startups, contributing to promoting economic growth in the area.
The province has 28 science and technology (S&T) organizations, including 17 public S&T organizations, 10 non-public S&T organizations and 1 branch of a S&T organization.
Effectively implementing Resolution No. 18/2020 of the Provincial People's Council on stipulating a number of contents and expenditure levels for implementing the Project to support the national innovation and startup ecosystem for the period 2021-2025 in the province, science and technology organizations have implemented many activities to support innovation and startup.
Including consulting on product and technology completion for 40 units; reviewing related legal procedures for 40 units; supporting incubation of startup ideas for 80 ideas and connecting investment and business for 40 startups, helping startups better prepare for the capital raising process and sustainable business development.
Along with that, the province has coordinated with ministries and branches to organize festivals and innovative startup competitions. In 2022, the first "Search for innovative startup talents in Vinh Phuc province" competition attracted 80 ideas and projects to participate. Of which, 9 potential ideas and projects of individuals and businesses won prizes and received investment packages from the network of domestic and international investors.
Techfest VinhPhuc 2024 not only helps businesses promote and introduce products but also promotes innovative startups and attracts investment in the province. Photo: Nguyen Luong
In 2023, the province will spend tens of billions of VND on developing science, technology and innovation. Techfest VinhPhuc 2024 attracted more than 80 booths displaying products from businesses, helping businesses introduce and promote local specialties and strengths, while spreading the spirit of innovation and entrepreneurship, attracting investment in the area.
In order to encourage, support and promote ideas for developing innovative start-up businesses, the Provincial People's Committee has issued a Decision approving the Project to promote the spirit and support Vinh Phuc youth to start a business and start innovative businesses in the period 2023 - 2027.
In particular, focusing on propaganda, organizing consulting activities, training, supporting information, knowledge, skills to access capital sources, investors for young entrepreneurs. Supporting to improve competitiveness for start-up businesses, innovative start-ups owned by young people...
In recent years, the startup movement in the province has continued to develop, reflected in the increasing number of newly established enterprises, with remarkable developments in quantity, scale, structure and quality.
If in 1997, the province had 91 enterprises with a capital of 57 billion VND, by the end of 2024, the whole province had more than 17 thousand enterprises registered for business activities with a registered capital of more than 298 thousand billion VND. Enterprises and entrepreneurs have become important pillars of the local economy, contributing mainly to the State budget.
Identifying the promotion of innovative startups, transfer of science and technology applications and digital transformation as key tasks and breakthroughs in the strategy, the key driving force in the process of rapid and sustainable economic development of the province, the province continues to develop innovative ecosystems in the industrial, agricultural and service sectors associated with domestic value chains and industry clusters.
In which, large enterprises play a central role in leading innovation activities, state management agencies play a role in creating a favorable institutional and policy environment. At the same time, actively deploying open innovation platforms and open innovation networks to attract all investment resources inside and outside the province to create new technologies, new products, and form new businesses.
Strengthening the linkage of the province's innovation activities with innovation networks, innovation startup networks, innovation centers, scientific research and technology development centers inside and outside the province.
In particular, increase support for businesses to improve their access to information and technology services. Implement preferential mechanisms for businesses investing in scientific research, technological innovation...
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Source: https://baovinhphuc.com.vn/Multimedia/Images/Id/124112/Thuc-day-doanh-nghiep-khoi-nghiep-doi-moi-sang-tao
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