The office is located at No 479A, Le Duan Street, Commune 9, Soc Trang city, the same name province.
Speaking at the inauguration ceremony, Le Thanh Tri, Chairman of the People’s Committee of the Mekong Delta province, said the pilot project Business Incubator, funded by the Government of Canada through the Small and Medium-sized Enterprise (SME) Development Project, has been effectively carried out in Soc Trang to support local enterprises and startup businesses.
The office will serve as a contact point for organisations in the province and across the country to facilitate the development of a local startup ecosystem in the coming years.
Since 2011, through the Global Affairs Canada, the Government of Canada has provided CAD10 million in financial assistance for Soc Trang to implement the SME Development Project, said Charlene Laurenece, First Secretary of the Embassy of Canada in Vietnam. The project has greatly contributed to supporting the growth of local enterprises and developing a better business climate and startup ecosystem in the province.
At the event, the provincial Investment Promotion and Enterprise Support Centre inked a memorandum of understanding with six partners, including startup businesses, colleges and state agencies, paving the way for cooperation in supporting and developing the local startup community in the province in the time ahead.