Government strengthens efforts to support students’ start-ups

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The tasks and solutions for the implementation of the newly-approved scheme are to support students with training and provide students’ start-up projects and start-ups with funding.

The tasks and solutions for the implementation of the newly-approved scheme are to support students with training and provide students’ start-up projects and start-ups with funding.

On the other hand, the scheme’s also aims to create a favorable environment for students to do start-ups, including the formation of students’ supporting centers, job promotion and consultation service and start-up clubs for students at universities, colleges, institutes and vocational schools.

By 2020, 100% of students from universities, institutes and colleges have plans to launch support works for students to start-up and at least 90% of students at universities, institutes, colleges and high schools are provided with knowledge and skills on start-up before they graduate.

100% of universities and institutes and 50% of colleges have at least two start-up initiatives and projects, which will be connected with businesses and risk investment funds. 

Earlier in 2016, the PM has approved a project to develop the national ecosystem for start-ups by 2025 in an effort to fuel a start-up boom.

The plan manifests the Government’s efforts to realize the goal of 1 million startups by 2020.