The southern business community launched the 2015 start-up project competition in Ho Chi Minh City on April 5, supporting innovative ideas of would-be Vietnamese entrepreneurs in the realms of agriculture and industry.

According to Vu Kim Anh from the Centre of Business Studies and Assistance (BSA), the competition offers potential candidates chances to be sponsored by prestigious investors.

The management board also organised free training courses on business planning for participants to enhance their knowledge and capacity.

Winners of this year’s competition will pocket 30 million and 15 million VND (1,400 and 700 USD) for the first and second prizes. The third and consolation prize winners will get 10 million and 5 million VND (466 and 233 USD), respectively.-VNA