The project's objective is to support entrepreneurs and small & medium enterprises (SME) involved in developing local solutions (green growth business) to climate change and increase business activity in the climate technology sector through the establishment of a locally-based climate innovation center, which is called the Vietnam Climate Innovation Center - VCIC. The project is being implementing through 3 components as:
Component I: Establishment of VCIC and its operations.
Component II. Services to clean tech entrepreneurs including Grants to enterprises
Component III. E-portal, online services and database on clean tech.
The project will provide targeted support, mentoring, training and funding facilitation to 48 clean technology ventures in Vietnam over 3 years. Through modeling the VCIC’s deal flow using benchmarks from company data in the region, it is committed that after 3 years, 48 VCIC assisted companies could generate approximately 250 jobs directly and indirectly.
The proposed project will finance the establishment of a Climate Innovation Center (CIC) in Vietnam through a three year $3.8 million RETF grant. The VCIC will be part of the global network of 7 Climate Innovation Centers (CICs) being launched by the InfoDev Climate Technology Program.
Borrowing Agency 0.38
Contact: Jana Malinska
Title: Senior Program Officer
Contact: Lan Van Nguyen
Title: Senior Operations Officer
Tel: 5777+8730 /
Public Disclosure Copy Public Disclosure Copy
Name: Ministry of Science and Technology (MOST)
Contact: Mr. Tran Van Tung
Title: Vice Minister
Name: National Agency for Technology Entrepreneurship and Commercialiization (NATEC)
Contact: Mr. Pham Duc Nghiem
Title: Deputy Director
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