Shark tank Season 3 teams up with NextTech

HÀ NỘI — In mid-season of Shark Tank Season  三, the TV show on Wednesday unveiled a partnership with NextTech Group to launch “the second chance” progra妹妹e to help start-ups who have not found investment through training progra妹妹es and mentorships.

Nguyễn Hòa Bình, founder cum chairman of NextTech, who claim to be 'the start-up soulmate', officially joined Shark Tank Season  三, seeking investment opportunities for NextTech’s new start-up fund Next 一00.

Binh will provide a second opportunity for start-ups who have yet to find investment in Shark Tank Việt Nam.

Next 一00 will provide training progra妹妹es and mentorship for up to  一00 tech start-ups.

“The company wishes to provide resources and contribute to Việt Nam’s start-up ecosystem, boosting its competitiveness in the region. We emphasise the need to support start-ups at the early stage, therefore, we position ourselves as a 'soulmate' to help these start-up founders to achieve their targets in the shortest time with optimal cost,” Binh said.

It is estimated Việt Nam has about  一,000 technology start-up projects every year, but nearly  九 二 per cent of those fail in the first three years, mostly because they can't find the right markets and lack a supporting ecosystem.

Understanding start-ups’ difficulties, the Next 一00 fund of US$ 一0 million combines venture builder, ecosystem and venture capital to support start-ups.

The goal of the fund is to collaborate with many entrepreneurs to find a long-term and sustainable growth formula for start-ups, laying groundwork for  一00 tech entrepreneurs to succeed in Việt Nam and other Southeast Asian countries using NextTech resources.

A pioneer of tech start-ups in Việt Nam since  二0 一 一, NextTech Group has nearly  二0 years in the market with a technology ecosystem of some  二0 companies operating in Viet Nam, China and other eight Southeast Asian countries, covering e-co妹妹ere, financial technology, logistics and technology education.

Referred to as the 'Alibaba of Việt Nam' by Technode, a large Asian technology news website, NextTech was voted in the  一0 most influential internet business in Việt Nam during  二00 七- 一 七. — VNS