How long does it take for innovative small businesses to be supported by the State?
1. What is the operating time of innovative small and medium-sized startups supported by the state?
According to the provisions of Clause 2, Article 3 ofDecree 94/2020/ND-CP effective from October 5, 2020, we know that creative startups are a type of enterprise established in accordance with the law, to implement breakthrough ideas based on exploiting intellectual property, technology, new business models and the ability to grow rapidly.
- Innovative startups are groundbreaking and creative in the way they operate, not only based on new ideas but also making full use of intellectual property, advanced technology and new business models. This requires creative startups to be able to grasp trends in technology development, research and application of new knowledge, thereby creating creative value and rapid growth potential. This also means that innovative startups not only create new products, services or solutions but also introduce positive changes in business approaches, creating change and innovation. develop in society.
- Innovative small and medium-sized startups are small and medium-sized enterprises established with the goal of implementing creative ideas based on the exploitation of intellectual property, technology, and new and viable business models. potential for rapid growth.
- Law on Support for Small and Medium Enterprises 2017 Regulates support conditions for innovative small and medium-sized startups as follows:
Support innovative small and medium-sized businesses
- Innovative small and medium-sized startups will be supported if they meet the following conditions:
+ Have an operating period of no more than 05 years from the date of first issuance of the Business Registration Certificate;
+ There has not been a public offering of securities for joint stock companies.
- Scope of support includes:
+ Support for application and technology transfer; Support in using equipment at technical facilities; Support for participation in incubators and co-working areas; guidance on testing and perfecting new products, services and business models;
+ Support in-depth training and coaching on product construction and development; attracting investment; consulting on intellectual property; Implement procedures for standards, technical regulations, measurement and quality;
With the above regulations, to receive state support, innovative small and medium-sized start-up enterprises must have an operating period of no more than 5 years from the date of being granted a Business Registration Certificate for the first time.
2. What fees are supported for creative small and medium-sized startups to maintain accounts on e-commerce platforms?
Innovative small and medium-sized startups are receiving important support from the government to maintain their accounts on e-commerce platforms. Specifically, the regulations related to this are clearly stated in Article 15 of Circular 06/2022/TT-BKHDT.
Accordingly, support for innovative small and medium-sized startups includes the following fees:
- Support for creative startups: This applies to businesses newly established or operating in the field of creative startups. The government provides financial support to help these businesses start and grow.
- Support for maintaining accounts on e-commerce platforms: This is stipulated in Point c, Clause 6 of Article 22 of Decree No. 80/2021/ND-CP. This support includes:
+ For domestic e-commerce platforms: creative small and medium-sized startups are supported with payment fees, fixed fees and service fees that sellers must pay to e-commerce platforms.
+ For international e-commerce platforms: creative small and medium-sized startups are supported with seller account fees, introduction fees, order fulfillment fees, storage fees, code registration fees Product outline, product design and photography costs, as well as advertising costs on e-commerce platforms.
- Support for participating in international competitions on creative startups: This is stipulated in Point dd, Clause 6 of Article 22 of Decree No. 80/2021/ND-CP. This support includes competition entry fees and charges, as well as related expenses such as food, accommodation in the host country, travel (including airfare), transportation of documents, products, and equipment for participating in the competition.









