Press Release: IPP Training of Trainers Program – Future Champions in Innovation and Entrepreneurship

On 09 June 2015, in Hanoi, the Innovation Partnership Program (IPP) is launching its 8 month Training for Trainers (ToT) program in Vietnam. This is the first time this type of intensive and practical training on  innovation and entrepreneurship has been organized for experts, who will work to scale up innovation thinking and education in Vietnam.

The launching ceremony had high level representation from the Ministry of Science and Technology of Vietnam (MOST), the Embassy of Finland, the team of international trainers and local facilitators, as well as the ToT participants.

About the Training Program

The ToT1 is an eight-month intensive training program designed to provide essential knowledge and skills to professionals who will be engaged in Innovation Work – the process of creating new products or services that address an important need for potential customers.  The program is designed to provide these core knowledge and skills to Vietnamese citizens who will not only be able to facilitate successful Innovation Projects, but will also be able to train others in conducting successful Innovation Work.

The core team of 4 international trainers from Europe and the US together with a team of local facilitators will conduct the training and support the follow-up process. There are also regular experience-sharing sessions with visiting international and local guest speakers, who are successful businessmen, angel or venture capitalist or innovation-based lean startup consultants.

From a large number of applications, 10 highly qualified people from the private sector, academic institutions and government agencies have been selected for the training. In addition, the course has the pleasure to receive additional participants from MOST. The first phase of the ToT1 Program consists of two months of intensive training with professional trainers. The training will take place in Hanoi and Ho Chi Minh City. After the two month intensive training, the trainees will be responsible for facilitating Innovation Projects supported in the IPP Innovation Accelerator.

It is expected that the training participants will continue to cooperate with the IPP and its projects after completing the program. They might also replicate the training in academic institutions and/or provide consultancy for innovation-based startup companies.

Other support provided by IPP

New innovative companies – IPP supports the innovation projects of companies that are developing products and services that are new to the Vietnamese market and have the potential to be exported to international markets.  These innovations must create exponentially greater value for customers, rather than incremental improvements that make existing products better or cheaper. Around 20 projects will be selected by July 2015 and will be supported with connections, coaching and mentoring, innovation training and funding in the IPP Innovation Accelerator.

Innovation system development –  IPP supports innovation system development projects that make a local innovation ecosystem better in Vietnam. The main emphasis is in the development of better services for new innovative growth companies for example development of a new incubator, creation of new services for existing incubators, planning of a new funding program in the province, adding startup services to existing technology park or initiating a regional cluster growth program. Around 4 innovation system development will be selected by July 2015 and will be supported in the IPP Innovation Accelerator.

About IPP

Innovation Partnership Programme (IPP) is an Official Development Assistance (ODA) program financed jointly by the Governments of Vietnam and Finland. IPP is in its second phase running through 2014-2018. IPP supports Vietnam’s overall goal of becoming an industrialized middle-income knowledge economy by the year 2020. The program objective is to boost sustainable economic growth in Vietnam through the increased production and export of innovative products and services.

Further information on IPP and its innovation training and support program, please contact Ms Silja Leinonen (Email: silja.leinonen@ipp.vn Tel: +84 919 055235) or visit IPP website at http://ipp.vn