ThinkZone Ventures teams up with TNB Aura Vietnam Scout in startup program

ThinkZone Ventures announced on November 24 that it has officially launched the Global Minds Accelerator (GMA) program with TNB Aura Vietnam Scout as strategic investor, to co-invest, mentor, and support Vietnamese tech startups. ThinkZone Ventures will provide startups with extensive local resources, while TNB Aura Vietnam Scout will support them via its expertise across Southeast Asia.

GMA is an accelerator program organized by ThinkZone Ventures with a mission of fostering generations of successful Vietnamese startups in global markets. It invests in 5-7 tech startups per batch in the early go-to-market stage with the potential to expand globally in the future. GMA W22 will take place from November to March.

Within the program, ThinkZone Ventures and TNB Aura Vietnam Scout will provide resources and support, helping startups to grow locally as well as globally.

Throughout the two-month accelerator program, ThinkZone Ventures will utilize its extensive local resources to help startups penetrate and achieve high growth in Vietnam. Concurrently, TNB Aura Vietnam Scout will provide startups with insights into successful business models and strategies for effective market expansion regionally. Through the guidance of TNB Aura Vietnam Scout, a leading venture capital firm in Southeast Asia, from the early stages, startups can leverage their profiles and raise funds more conveniently in their next rounds.

Mr. Joe Zhang, Principal of TNB Aura Vietnam Scout, said it is excited to be further involved in supporting Vietnam’s startup ecosystem through providing close mentorship as well as investment into leading local founders early on their journey. “Vietnam presents a compelling opportunity in the region, and we look forward to combining our thesis-driven insights and capabilities with ThinkZone Ventures in the GMA program,” he said.

“Despite the incoming fundraising winter, when startups face more difficulties raising funds, ThinkZone Ventures and TNB Aura Vietnam Scout still committed to providing startups with our funding and support resources to grow and overcome the period,” said Mr. Do Bui, Founding Partner and CEO of ThinkZone Ventures.