Exclusive: YCI considers supporting Vietnamese startups

YCI Homepage

By Nguyen Thi Bich Ngoc

February 6, 2015

Youth Career Initiative (YCI), a program designed to combat global youth unemployment by the International Tourism Partnership (ITP), is looking at the possibility of sponsoring Vietnamese business startups.

“We are thinking about that,” Santosh Bhuvad, YCI regional coordinator for Asia Pacific, told DEALSTREETASIA, adding that YCI has already included helping start business in the agenda.

Currently, YCI partners with leading hotel groups, including Hilton Hanoi Opera, InterContinental Hanoi Westlake and Sheraton Hanoi, and local development organisation REACH to assist the most disadvantaged youth in securing jobs in the hotel industry.

Most of the funding for the program is raised by the hotels, while YCI offers financial support in the early stage. However, Bhuvad did not reveal how much YCI has been giving to such programs.

YCI was started in Vietnam four years ago; it’s next event will take place in August, 2015. The program has made its appearance in 11 countries, and Bhuvad said he definitely wanted to develop the program in Vietnam.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.
APPLY NOW

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.
APPLY NOW