On November 14, 2019, SHi Hanoi successfully\norganized the “Opening Speed \u200b\u200bUp – VTS 2019”, taking place at COGO\nCoworking Space.<\/p>\n\n\n\n
VTS – Vietnam Tourism Startup – VTS program has been\nheld since 2017 by Songhan Incubator (SHi), which is maintained annually over\nthe years.<\/p>\n\n\n\n
This year, Songhan Incubator cooperates with the PUM\n– Netherlands Senior Expert Organization, the Swiss Government Entrepreneurs\nSupporting Organization (Swiss EP), Ministry of Science and Technology,\nInnovation Capital Management. (ICM) implements the Vietnam Tourism Startup\nAccelerator Program with a long-term vision of building the first large-scale\ninnovative tourism startup ecosystem of Vietnam, create innovative start-ups\nwith new products, new services, new markets and new development drivers for\nVietnam’s tourism industry.<\/p>\n\n\n\n
The Acceleration Round is the final stage in the\n2019 Tourism Start-up Program. This is a program organized by SHi with the\ndesire to support startups to commercialize products, expand markets and\nconnect investment.<\/p>\n\n\n\n
In this Opening Ceremony, Edubelife Financial Skill\nTraining Joint Stock Company is very pleased to be invited by Songhan Incubator\nto invite MOU to sign the MOU role as a training partner, adviser on financial\nexpertise in the field of start-up. with both Startup and Investors.<\/p>\n\n\n\n
1. For Startups, EDUBELIFE<\/p>\n\n\n\n
+ Consult the preparation of financial records in a\nprofessional way to call for investment capital (including internal audit,\nreview of legal risks, perfecting the system of accounting books &\nfinancial statements to ensure the calculation transparency, honesty,\nobjectivity, in accordance with the accounting regime, accounting standards\n& relevant legal provisions)<\/p>\n\n\n\n
+ Consultancy for making capital calling documents including: consulting to complete business model, business plan, financial plan; Investment contracts, investment policies …<\/p>\n\n\n\n
+ Start up valuation consultancy & evaluate the\nproject’s financial performance<\/p>\n\n\n\n
+ Advice on the presentation of the capital calling\nfile, especially the explanation of financial performance of the project.<\/p>\n\n\n\n
2. For Investors:<\/p>\n\n\n\n
1. For Startup expected investment:<\/p>\n\n\n\n
To ensure a safe and effective investment, EDUBELIFE\noften provides services such as:<\/p>\n\n\n\n
+ Internal audit before investing to assess the\nstatus of business operations and the financial situation of the business (DN)<\/p>\n\n\n\n
+ Review tax risks, legal risks of businesses before\ndeciding to invest<\/p>\n\n\n\n
+ Startup valuation on the perspective of financial\nscience from which to propose appropriate investment plans<\/p>\n\n\n\n
+ Assess the financial efficiency of the investment\nproject in Startup: answer questions about how much this project is likely to\nbe profitable, how much time it will take to recover the capital, evaluate in\ndetail the level of financial risk and operational risk of the project<\/p>\n\n\n\n
+ Proposing the optimal capital structure to finance\nthe project<\/p>\n\n\n\n
+ Prepare Investment Contract; Review the investment\npolicy and all capital raising proposals proposed by Startup to ensure the\nfinancial rationality and compliance with relevant legal regulations.<\/p>\n\n\n\n
2. For Startup that has been invested<\/p>\n\n\n\n
+ Strictly controlling cash flow in and out of\nbusinesses through professional reports in a timely, easy-to-understand,\nconcise but informative manner.<\/p>\n\n\n\n
+ Provide in-depth analytical reports on abnormal\nfluctuations of financial indicators to promptly detect and prevent errors and\nrisks in business.<\/p>\n\n\n\n
+ Consulting complete the internal control system of\nthe business<\/p>\n\n\n\n
+ Consulting, training financial and accounting\npersonnel to ensure that this operation system meets the following criteria:\nMinimize legal costs but comply with the law and well meet the administrative\nrequirements. of the enterprise<\/p>\n\n\n\n
+ Consulting, training financial and accounting\npersonnel to perform tax accounting, preparing tax inspection in accordance\nwith the accounting regime, accounting standards & other relevant legal\nprovisions.<\/p>\n\n\n\n
+ On behalf of Investors perform other business\nmanagement, financial supervision needs.<\/p>\n\n\n\n
3. For Starup preparing to divest<\/p>\n\n\n\n
+ Assessing the project’s financial efficiency after\nthe investment process<\/p>\n\n\n\n
+ Valuing capital invested in the enterprise to\nprovide a reasonable price for capital transfer and stock transfer, and at the\nsame time suitable for market value.<\/p>\n\n\n\n
+ Prepare capital transfer contract, propose\ndivestment plan<\/p>\n\n\n\n
+ Controlling capital recovery activities to ensure\nthe principle of capital preservation and development<\/p>\n\n\n\n
Especially, at this important ceremony, Songhan was\nalso honored to welcome Mr. Nguyen Hoa Cuong – Deputy Director of Enterprise\nDevelopment Department, Ministry of Planning and Investment; Mr. Hub Langstaff\n– Swiss EP Director in Vietnam and a team of experts, lecturers, investors,\nCEOs and Founder experienced in the Songhan Incubator startup ecosystem.<\/p>\n\n\n\n
The ceremony took place in a solemn atmosphere,\npromising a good start for the acceleration stage – VTS 2019 and the\nrelationship between SongHan Incubator & Edubelife<\/p>\n\n\n\n
You could read more information about this\nsignificant event through VTC 10 television channel; People’s newspaper and\nFanpage of SHi<\/p>\n\n\n\n