Fund to help student to start up business

A fund to help students to start up their business has officially operated in the central province of Thua Thien-Hue.

The fund aims to support students who are studying in universities and colleges in the province but want to earn money in their free time and unemployed graduates who want to start up a business yet they do not have enough money to do.

Each student must submit their ideas of business to the fund. If the business plan is feasible, the fund will support VND5-10 million (US$225-451) to them. These students must refund the sum to the fund and they must extract 10 percent of their total profits to develop the fund in 4 years later.

By Van Thang – translated by Uyen Phuong

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