EduGrowth has been awarded grant funding to run the Australia-Vietnam EdTech Innovation Exchange, a project to boost trade and investment opportunities between Australia and Vietnam.
The project designed by EduGrowth, is a 2 year program providing real connection and collaboration opportunities across the Australian and Vietnamese EdTech ecosystems. Participants will gain in-depth market intelligence, establish cross-market networks and gain individualised feedback on product-market fit and market entry strategies.
Announced by Minister for Trade, Tourism and Investment Dan Tehan, The Australia-Vietnam Enhanced Economic Engagement Grant (AVEG) pilot program provides $2.5 million to fund 28 small-scale projects to create economic opportunities and deepen business cooperation.
“The Australian Government is committed to further strengthening our economic relationship with Vietnam and unlocking opportunities for Australian businesses.” Mr Tehan said
The Australia Vietnam EdTech Innovation Exchange Program will connect educators, EdTech entrepreneurs and education institutions in Australia and Vietnam, as peers to learn cooperatively. The 2-year program will explore key trends in each market focussed on digital transformation, education efficacy and innovation driving student outcomes.
Participating Australian EdTech companies will gain a deep understanding of Vietnamese market opportunities whilst building relationships to facilitate market entry and impact the digital transformation of Vietnamese education providers.
Vietnamese EdTech participants will gain insights on an English-speaking market from which to build export revenue into the bigger markets in Europe and the USA.
EduGrowth is thrilled to play a role in boosting trade and investment opportunities between Australia and Vietnam and look forward to developing cross-market collaboration, cooperation and synergies.