This is the minimum funding guaranteed by the Singaporean firm for start-up businesses that graduate from the training programme of Topica Founder Institute.
TFI graduates receiving funding this time include on-demand telemarketing firm TelePro, travel ticker booking firm Cheep Cheep and enterprise software developer Clavis Aurea.
The programme also marks the first of its kind between an investment fund and a Vietnamese start-up incubator, proving the quality of Vietnamese start-up community has been growing.
The maximum funding a TFI graduate may receive from Insignia Ventures is 500,000 USD. Funding will be automatically disbursed without evaluating the start-up’s chance of success.-VNA /VNP
