Mr. Nguyen Viet Dung – Director of the Ho Chi Minh City Department of Science and Technology – shared about specific policy proposals for innovation development in HCMC – Photo: Trung Nhan
On the afternoon of August 15, Ho Chi Minh City’s Department of Science and Technology held a seminar to consult with the community about the draft policies to support innovation, which was approved by Ho Chi Minh City Resolution 98/ of June 24. Can implement from 2023/QH15. 2023 meeting of the National Assembly on the operation of a number of specific mechanisms and policies for the development of Ho Chi Minh City.
An important proposal made by the Department of Science and Technology of Ho Chi Minh City is the policy of non-refundable support for innovation projects.
Ms. Phan Thi Qu Truc, deputy head of the Department of Technology and Market Management (Ho Chi Minh City Department of Science and Technology), said the policy will support individuals, groups and businesses with innovation projects, innovative start-ups in priority areas. of Chi Minh City.
Other groups that will be eligible to participate in this non-refundable support policy include science and technology organizations, innovation centres, intermediary organizations supporting innovative start-ups, universities. A research institute with activities to support innovation, start-ups and more. Related organizations in Ho Chi Minh City.
Criteria to be considered for innovation projects when participating in the program include implementability, economic efficiency or social impact; Potential markets, technology applications and business models.
According to the Department of Science and Technology of Ho Chi Minh City, the funding will be supported under 2 components. The first is to support remuneration for individuals and groups of individuals directly implementing the project.
The second is the cost of organizing project selection activities, the cost of hiring experts, the cost of using innovation and start-up support services, and the cost of using technical facilities, etc. to support them.
Ms. Phan Thi Quy Truc said that the projects will be divided into 3 phases, each corresponding to a specific level of support.
On the stage creative money (the stage of carrying out ideas from product and solution research activities), the level of non-refundable support does not exceed 40 million VND/project, the duration does not exceed 6 months/project. This phase focuses on research and projects coming out of the university.
On the stage incubation (Product Development Phase), the proposed non-refundable support does not exceed 80 million VND/project. This stage targets products that are already on the market. The support period does not exceed 12 months.
On the stage acceleration (products seeking to expand the market), projects will not be supported for more than 12 months/project 400 million VND/project. During this period, the city wants to be able to link up with other incubators.
Mr. Nguyen Viet Duc delivered remarks at the seminar – Photo: Trang Nhan
Need KPIs to support innovation projects?
Commenting on the project, Mr. Nguyen Viet Duc, General Director of Creative Startup Investment Management Company, said that the Department of Science and Technology can calculate and give KPIs (Performance Measurement Indicators) about the number of projects participating in the program each year. Is. ,
KPIs will help implementing units have specific goals to reach and support projects, as well as data to easily calculate program effectiveness.
Similarly, Ms. Nguyen Thi Diu Hang, director of the BSSC Youth Startup Support Center, suggested that there should be output rules for projects that receive support.
For example, after 5 years, to what extent the project will be developed, it is necessary to consider the matter that it is easy to approve but difficult to commit to the effectiveness of the project.
Mr. Nguyen Viet Dung, director of the Department of Science and Technology, said the department will continue to receive comments to complete the projects and submit them to the People’s Committee of Ho Chi Minh City in the near future.
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