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Overview
| Donor: | 5DESIRE |
| Application procedure: | Online Application |
| Donor base: | Vietnam |
| Reference number: | - |
| Eligible applicants: | Social Business |
| Deadline: | ongoing |
Financial details
| Grant size: | Medium - up to $1,000,000 |
| Minimum grant size: | - |
| Total available budget: | - |
| Funding type: | Equity, Other |
| Maximum grant size: | - |
| Funding ratio: | up to 100% |
Sectors
- Economic Development
- Research, Technology & Innovation
Project Locations
Asia
Brunei, Cambodia, East Timor, Indonesia, Laos, Malaysia, Myanmar, Philippines, Thailand, Vietnam
Description
1) Objective
This is an opportunity for social businesses in South East Asia. 5DESIRE is a Vietnamese Incubator and Consulting firm whose mission is to help accelerate the successful development of startups in different sectors through an array of business support resources and service. Every year, a limited number of the best startups are chosen by 5DESIRE Lab to participate in an incubation program focusing on product development, technology, business strategy, etc. During this incubation process, 5DESIRE works intensively with these budding companies to enable them to thrive and flourish by themselves.
They work with Venture Capitals from early to later stages for startups, and prestigious loan funds for financial institutions and infrastructure projects. World-class fundraisers will provide detail consultant on your pitch deck and your numbers.
2) Eligibility
Startups in the IT field in South East Asia who provide unique and valuable products which have momentum to develop and scale to large enterprises; who have dedicated teams with a clear vision, impetuous passion, and strong execution ability; and who offer remarkable technical solutions with potential to commercialize.
3) Location
Actions must take place in South East Asia.
4) Budget
5DESIRE invests in the form of equity and loans.
5) Application
Startups can fill the form or email it to team(a)5desire.com with the pitch deck. If your business meets their criteria, they will meet you directly to know more about your business. 5Desire will have initial pitch with investors and choose a list of investors interested. 5Desire schedule meetings, and follow up with your fund raising process. On successful completion, binding agreements are entered into and funds are disbursed.