Start-ups get hi-tech agriculture advice
The Centre for Business Incubation of Agricultural High Technology will help individuals and organisations with sound projects and agricultural technologies start up businesses, its chief said.
Nguyen Hai An, Director of the non-profit unit run by the HCM City-based Agricultural Hi-Tech Park, told a seminar in the city yesterday that enterprises up to two years old would also be eligible for assistance.
The centre, which opened at the beginning of this year, offers comprehensive assistance to start-ups – low-priced, even free, space for offices, workshops, labs, and greenhouses, counselling in business planning, management training, and accounting, legal, marketing, and financial expertise.
The enterprises could borrow from the city's science and technology development fund which offers a 50 per cent interest subsidy on loans, Do Nam Trung, Deputy Head of the city Department of Science and Technology's Technology Management Office, said.
"[They] will receive financial, technological, organisational, and management support during the incubation process, ensuring sustainable development when they graduate from the centre and operate independently," Tran Phuoc Dung, head of the park management, said.
The centre has so far received three applications to join the incubation programme. The city has four other agencies assisting business start-ups – Sai Gon Hi-Tech Business Incubator run by the Sai Gon Hi-Tech Park, Quang Trung Software Business Incubator run by Quang Trung Software Park, HCM City University of Agriculture and Forestry's Technology Business Incubator, and HCM City University of Technology's Science and Technology Business Incubator.
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