Next100 is the investment arm of NextTech Group of Technopreneurs - a technology digitized-commerce ecosystem with nearly 20 years in operation. Having gone through every stage of a startup from Zero to One period in 2001 to scaling up to become a diversified multi-services ecosystem in 2009 and regionalization to Southeast Asia in 2014, NextTech Group has identified the three biggest hurdles that every startup will encounter
Inability to find the Point of Impact the right business strategy that is in line with startup's core capabilities, or a new niche blue-ocean market that is big enough, or the
secret sauce for success in disrupting an existing market;
Not having access to a synergistic ecosystem with a large customer base to quickly launch the product to mass market at minimized cost yet high efficiency;
Shortage of funding lack of money leading to postpone in market penetration and scaling.
The unique proposition of Next100 lies in its hybrid model, a well-blended combination of a Venture Builder, an Ecosystem and a Venture Capital Fund. Specifically, Next100 will work side-by-side with startup founders to discover their Point of Impact and the formula for sustainable growth. Startups can also leverage NextTech's ecosystem of close to 20 platforms and 10+ million customers to quickly penetrate the market and expand to Southeast Asia region. Capital-wise, Next100's initial fund size is $10 million to fund $100K - $1M for each startups, with possibility for follow-on or support to call for next rounds of financing.
Next100's key criteria for potential investments are (1) founding team's core competencies with out-of-the-box creative mindset, (2) deep understanding of the chosen sector, and (3) a breakthrough and scalable business idea.
In celebration of its launching, Next100 also announced the completion of the most recent investments in Vietnam, including VayMuon.vn - Vietnam's premier P2P lending platform; HeyU - instant delivery-on-demand and concierge service platform; and Teky.edu.vn - Vietnam's first and largest technology chained academy for kids.
Media contact Ms. Pham Ngoc Tram Anh, Group PR Manager, firstname.lastname@example.org, +84-983843112