Youth Co:Lab Viet Nam

PROJECT WEB PAGE: Youth Co:Lab Viet Nam

Status: Active
Duration: 2018 –2021
Budget: 449,000 USD 
Coverage: Ha Noi
Beneficiaries:
  • Young people
  • Entrepreneurs
  • Government agencies who partner with the project
  • Impact investors
  • Incubators
Focus Area: Democratic Governance, Innovation and Entrepreneurship
  • Partners:

Implementing Partners:

  • National Start-Up Support Center (NSSC) - Ministry of Science and Technology

Other related stakeholders:

  • Center for Social Innovation and Entrepreneurship (CSIE) - National Economics University
  • Viet Nam Youth Union
  • Saigon Innovation Hub 
  • Da Nang Incubator
  • UP Co-working Space
  • Song Han Incubator
  • HATCH Ventures
  • Vietnam Airlines
  • Grab
  • 2030 Youth Force
  • AIESEC
  • Vietnam Green Startup Foundation 
  • KissStartup Foundation

PROJECT SUMMARY

  • Co-created in 2017 by the United Nations Development Programme (UNDP) and the Citi Foundation, Youth Co:Lab aims to establish a common agenda for Asia-Pacific countries to invest in and empower youth to accelerate implementation of the Sustainable Development Goals (SDGs) through leadership,  social innovation and entrepreneurship
  • Despite the recent economic growth, Vietnam is facing many challenges which threaten the country’s continued development, including income inequality, climate change and rapid urbanization. To address these challenges, based on the potential of the emerging start-up environment in Vietnam with a pool of innovative and ambitious young people, Youth Co:Lab Vietnam is created.
  • Youth Co:Lab Viet Nam is a joint initiative of UNDP Vietnam, the Ministry of Science and Technology (MOST) and Citi Foundation. Working at both national and sub-national levels, Youth Co:Lab leverages public, private, academic and youth organization partners to strengthen Viet Nam’s ecosystem for youth social entrepreneurship and innovation.

OBJECTIVES

  • By putting young people front and center to drive solutions to the world’s toughest problems, Youth Co:Lab aims to establish a common agenda for countries in Asia-Pacific to empower and invest in youth to accelerate the implementation of the Sustainable Development Goals. 

EXPECTED RESULTS

  • Young entrepreneurs in Viet Nam are supported to design and implement ideas and business models for sustainable social impact in their communities
  • The implementation of the SDGs in Vietnam is accelerated through the cross-sectors collaboration for social innovation and in building a thriving impact start-up ecosystem
  • Young people are engaged in national development and accelerated to achieve the SDGs 2030

KEY FEATURES OF APPROACH

  • Public-private partnership
  • Outreach and inclusion
  • Systematic approach
  • Youth-led innovation
  • Regional and global knowledge and networks

MAIN ACTIVITIES

  • June 2018: 2 National Dialogues to support social impact business research
  • Oct 2018: SDG Innovation Incubator 2018
  • November 2018: Youth Co:Lab under TechFest 2018
  • Apr 2019: Youth Co:Lab Asia Pacific Summit in Hanoi  
  • Oct 2019: Training for the youth entrepreneurs in 4 provinces of Vietnam
  • Nov 2019: SDG Innovation Incubator 2019
  • Dec 2019: National Dialogue under TechFest 2019
  • Sept 2020: Conducted a “Research onto Assessment and Projection of resilience and Adaption of youth for Entrepreneurship and Impact business development”
  • Oct 2020: SDG Innovation Incubator
  • Nov 2020: National Dialogue under TechFest 2020
  • Dec 2020: Entrepreneurship Training Kit for Young Entrepreneurs

MORE ABOUT THE PROJECT, PLEASE VISIT:

Impact

START DATE

June 2018

END DATE

December 2025

STATUS

Ongoing

PROJECT OFFICE
IMPLEMENTING PARTNER

United Nations Development Programme

DONORS

ASIAN DEVELOPMENT BANK

Aditya Birla Group

Australian DFAT

CITI FOUNDATION

CVC Philanthropy Ltd.

China Women's Dev Foundation

DEPARTMENT FOR INT'L DEVELOPMENT (DFID)

Dept of Forgn Afrs Trade & Dev

EUROPEAN COMMISSION

Faith In Love Foundation (Hong Kong)

Fujitsu Limited

GOVERNMENT OF AUSTRALIA

GOVERNMENT OF FRANCE

GOVERNMENT OF JAPAN

GOVERNMENT OF NETHERLANDS

GOVERNMENT OF POLAND

GOVERNMENT OF REPUBLIC OF KOREA

HEDAYAH

HIVOS

IKEA Supply AG

INTERNATIONAL LABOUR ORGANIZATION

ISLAMIC DEVELOPMENT BANK

Korea Environment Corporation

MPTF/JP_UN PART RIGHTS DISAB

NOR - MINISTRY OF FOREIGN AFFAIRS

OPEC Fund for International Development

Outright Action International

POL-UNAIDS

PRIVATE SECTOR

SWEDISH INT'L DEVELOPMENT COOPERATION

Seoul Metropolitan Government

THA-ROCKEFELLER FOUNDATION

Tencent Holdings Limited

UK-Biz, Energy & Ind Strategy

UK-Foreign & Commonwealth Off

UN DEPT OF ECONOMIC AND SOCIAL AFFAIRS

UNITED NATIONS CHILDREN'S FUND

UNITED NATIONS DEVELOPMENT PROGRAMME

US Int'l Narcotics & Law Enfmnt Affairs

USAID

United Nations Office on Drug and Crime

Unspecified

TOTAL CONTRIBUTIONS

$114,625,213

DELIVERY IN PREVIOUS YEARS

2018$5,178,824

2019$15,406,519

2020$16,315,953

2021$22,852,848

2022$23,004,302

2023$3,787,133

2024$950,067

Full Project information