ITI FUND – VIETNAM INNOVATIVE START-UP FUND
Tuesday, 01/03/2022 10:00 (GTM +7)
Founded by 4M Group with the vision and mission to become a VC, ITI Fund (Increase – Together – Innovation FUND) accompanies startups and contributes to the diversity and sustainable development of the Vietnamese startup ecosystem, aiming to generate special values for the community.
ITI FUND was established on a sound foundation with a team of experts from multinational corporations. Each individual has their own expertise, which can help breakthrough ideas come to life. Besides finance, ITI also consults businesses in management and strategic planning, bringing various benefits in terms of best practices, extensive experience, a network of development, …
Currently, ITI Fund focuses on a variety of cutting-edge projects, in which they take advantage of local resources and bring them to the world, joining hands in building a sustainable society.
“Start-up Together” – creating outstanding values for the community – is the core philosophy of ITI FUND.
FAQ
1. What is the deal-size of ITI Fund?
Currently, each ticket deal is expected to range from 0.1M$ to 1,5M$.
2. Which fields does ITI Fund invest in?
Fields of investment are not limited to any industry. However, we will consider and encourage startups whose products can globally promote local strengths, taking advantage of ITI Fund’s worldwide network: 10 representative offices and more than 50 years of experience
3. How long does the ITI Fund invest in startup projects?
Depending on field, scale,… ITI Fund will appraise and give a specific DD schedule.
4. In addition to financial support, what does the ITI Fund accompany startups?
Besides finance, ITI also consults businesses in management and strategic planning, bringing various benefits in terms of best practices, extensive experience, a network of development, …
- Legal Consultant: 20 years of experience in MNCs.
- Financial Advisors: Experts with more than 15-year experience.
- Global Network: 10 offices over the world
- Management Support: 50-year experience with 500+ team members
- Co-Working Space: A modern building with 10 stories is located in District 7 Ho Chi Minh city.
5. Who are the key personnels of ITI Fund?
ITI FUND was established on a foundation with a team of experts from multinational corporations. Each individual has their own expertise, which can help breakthrough ideas come to life.
Managing Board of ITI Fund (from L to R): Le Thuc Hoai – Managing Partner; Ngo Dinh Dat – Managing Director; Nguyen Huu Thanh – Senior Finance Advisor; Nguyen Thi Tinh Tam – Chief Legal Officer
6. Some typical projects are invested by ITI Fund’founders
The project successfully raised capital in 2019 – completed in 2020, is one of the first rooftop solar power projects in industrial zones in the Central – South Vietnam region.
Solar Rooftop Project
Taking advantage of Vietnam’s tropical climate with a high number of hours of sunshine per year, this project is one of the first rooftop solar power projects using clean energy at factories, especially in the highlands and western regions.
In 2 years, the project has implemented and completed products in 10 rooftop solar power grids spanning the central and southern provinces.
GREENWORLD’s main business is to produce green, eco-friendly products and to take local advantages, aiming to export to the world.
Activewear product from Fasgreat
Europe and America are the first two potential markets that the project targets with the FASGREAST brand. Through the use of recycled poly fabric to create activewear products, Fasgreat wants to connect everyone to join hands in protecting the environment by reducing plastic waste. In the future, Green World aims to diversify products, focusing on agricultural and recycled products.
M Building is invested with a scale of 1 basement and 10 stories in Phu My Hung urban area, District 7. It is located in the “golden land” of District 7 – an area with many supermarkets, large commercial centers, office buildings, high-class apartments… Besides, this place is in the high-class urban area of Phu My Hung, right next to the famous Crescent lake area.
M Building
The building has a modern design with four facets with anti-glare and heat-resistant glass, fully maximizing natural light, providing a good and energetic source of office space inside the building.
M Building is one of the first buildings in VietNam to meet EDGE Certificate – Excellence in Design for Greater Efficiencies in Apr-2019. An innovation of IFC, a member of the World Bank Group, EDGE is an online platform, a green building standard, and a certification system for over 140 countries focused on making buildings more resource-efficient.
Besides, ITI Fund is also in the process of appraising and investing in some potential startups which will be announced later.
Contact:
- 🌏 itifund.com
- 📞 (+84)90 998 3699
- 📩 info@itifund.com
- 🔔 fb.me/ITIFund
