Gia Lai promote innovation and support policies for small and micro enterprises

27/10/2025 13:22

PHAN LÀI

Nearly 80 small and micro enterprises gathered in Quy Nhon Ward on Saturday for a program aimed at guiding the implementation of support policies for small, micro, and startup businesses in Gia Lai province.

The event, organized by the Innovation Startup Club under the Binh Dinh Young Entrepreneurs Association and directed by the Department of Science and Technology, focused on technology support, innovative start-up development, and assistance for small and medium-sized enterprises (SMEs) participating in industry clusters and value chains.

Delegates and businesses participate in the program to disseminate and guide the implementation of support policies for small, micro, and start-up enterprises. Photo: P.L

Representatives from the Department of Science and Technology presented key 2025 support policies, including initiatives to promote research collaboration between businesses, institutes, and universities, as well as the application of innovation in production and management.

A highlight of the event was a presentation from the Innovation Startup Club on “Conditions for innovative start-ups and localities to thrive in the new era.” Organizers also conducted surveys on the utilization of scientific research outcomes and cooperation in technology transfer.

The Department of Science and Technology and the Binh Dinh Young Entrepreneurs Association sign a memorandum of understanding on cooperation in supporting and developing small and medium-sized enterprises. Photo: P.L

During discussions, business representatives raised concerns over limited resources, intense market competition, and difficulties in accessing financial support. These issues were addressed directly by leaders from the Department of Science and Technology and the Binh Dinh Young Entrepreneurs Association.

Speaking at the event, Vu Hong Quan, Chairman of the Binh Dinh Young Entrepreneurs Association, emphasized that SMEs account for more than 90% of enterprises in the province and are vital to socio-economic growth and job creation. However, he noted, these firms continue to face major challenges in operations and expansion.

Mr. Vu Hong Quan, Chairman of the Binh Dinh Young Entrepreneurs Association, speaks at the program. Photo: P.L

The program also aimed to evaluate enterprise innovation needs and lay the groundwork for a “one-stop” support hub to improve access to government and provincial assistance. Officials underscored the importance of understanding business realities to design effective, targeted policies.

In a significant step toward long-term collaboration, the Department of Science and Technology and the Binh Dinh Young Entrepreneurs Association signed a memorandum of understanding (MoU) to strengthen cooperation in developing SMEs, fostering innovation, and promoting technology transfer across the province.