Official Announcement | UNDP Vietnam partners with BSSC & IBP to launch the Incubation & Acceleration Program under the UNDP Plastics Innovation Programme
We are honored to officially announce that BSSC (Business Startup Support Centre) and IBP (Investment and Business Partners) are officially partnering with UNDP Vietnam in the Incubation & Acceleration Program under the Plastics Innovation Programme. This partnership marks a significant milestone in Viet Nam’s journey toward sustainable development, representing one of the most ambitious innovation efforts ever undertaken to tackle plastic pollution in the country.
About the UNDP Plastics Innovation Programme, Vision & Mission:
Supported by the UN Peace and Development Fund and co-funded by the Coca-Cola Foundation, the UNDP Plastics Innovation Programme is designed to identify and scale up bold, practical, and high-impact solutions that address plastic waste. The programme embraces a comprehensive approach centered on six key innovation pillars:
▪️ Material Innovation
▪️ Design Innovation
▪️ Business Model Innovation
▪️ Technological Innovation
▪️ Innovation in Governance Systems
▪️ Innovative Financing Instruments
With financial grants of up to USD 30,000, alongside technical mentorship, piloting opportunities, and access to a broad network of stakeholders, the programme aims to catalyze systemic change and support Viet Nam’s transition to a circular economy.
About the Incubation & Acceleration Program
In collaboration with UNDP Viet Nam, BSSC and IBP will deliver a tailored support program to 25 high-potential innovation teams, consisting of two core phases:
Incubation Phase (2 months)
Focused on capacity building, market validation, and strategic mentoring.
Acceleration Phase (9 months)
The 12 most outstanding teams (6 winners and 6 runner-ups) will receive:
▪️ Over 288 hours of coaching and 144 hours of mentoring
▪️ Specialized bootcamps in key regions
▪️ A high-level Demo Day with 200+ stakeholders, including investors, corporates, and policy leaders
▪️ Access to piloting opportunities and investment networks
▪️ Integration with InnoEx, Viet Nam’s premier international innovation exhibition
The program is also designed for long-term impact through post-program activities including alumni engagement, policy integration, and continued ecosystem development — positioning Viet Nam as a regional hub for plastic waste innovation and circular economy transformation.
About the Partners
UNDP (United Nations Development Programme)
UNDP is the United Nations’ global development network, operating in over 170 countries. Its mission is to eradicate poverty, reduce inequality, and drive sustainable development through innovative, inclusive solutions in partnership with governments, civil society, and the private sector.
BSSC (Business Startup Support Centre)
Founded in 2010 under the directive of the HCMC People’s Committee, BSSC is one of Viet Nam’s most influential startup ecosystem builders. Operating under the Ho Chi Minh Communist Youth Union and the Vietnam Youth Federation of HCMC, BSSC is transitioning to align with the Vietnam Fatherland Front, enabling broader collaboration with mass organizations across the country.
BSSC Network and Impact:
▪️ 15,000+ startups and SMEs supported
▪️ 25,000+ young entrepreneurs trained
▪️ 2,000+ mentors and angel investors engaged
▪️ 150+ partners worldwide
▪️ Partnerships with 63 provincial government agencies
▪️ Engagement with 100+ universities and colleges nationwide
IBP (Investment and Business Partners)
Established by veteran leaders in innovation and entrepreneurship, IBP supports businesses in creating new growth engines through innovation. With a network of over 15,000 startups and tech firms and more than 12 years of cross-border experience, IBP delivers strategic consulting, partnership facilitation, and access to new markets.
IBP Community & Netwwork:
▪️ 15,000+ startups and technology companies
▪️ 10,000+ corporate enterprises and SMEs
▪️ 200+ ecosystem partners across Viet Nam and the region
▪️ 10+ industry associations
▪️ Strategic collaborations with global leaders such as Qualcomm, SK Group, Alibaba, Vingroup, and more
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