TTLV: Building an "Angel capital" venture capital fund model for start-up activities at BIDV Bank

MASTER'S THESIS INFORMATION

1. Student's full name: Nguyen Thu Hang

2. Gender: Female

3. Date of birth: July 15, 1981

4. Place of birth: Hanoi

5. Decision No. 2415/2015/QD-XHVN dated October 13, 2015, of the Rector of the University of Social Sciences and Humanities, Vietnam National University, Hanoi, recognizing the student.

6. Changes in training process: none

7. Thesis topic name:Developing an "Angel Capital" venture capital fund model for innovative start-up activities at BIDV Bank.

8. Major: Science and Technology Management Code: 60.34.04.12

9. Scientific instructor:Associate Professor, Dr. Dao Thanh Truong, Head of the Department of Management Science, Faculty of Social Sciences and Humanities, Vietnam National University, Hanoi.

10. Summary of the thesis results:

The thesis achieved the following results:

Firstly, the thesis has systematized the basic theoretical issues regarding the construction of an angel venture capital fund model for innovative startup activities.

Secondly, using supporting data, the thesis analyzed and clarified the current state of venture capital fund operations in Vietnam and at BIDV Bank, as well as surveyed the need for establishing a venture capital fund at BIDV Bank among three groups of stakeholders involved in establishing an "Angel" venture capital fund at the bank: BIDV's leadership, experts who have undertaken innovative startup activities, and individuals/organizations who have undertaken innovative startups.

Thirdly, the thesis proposed an "Angel Fund" venture capital model for innovative startup activities at BIDV. In the initial stage of fund formation, it should follow a closed-end fund model with its own operating regulations, independent of the Bank. The "Angel Fund" venture capital fund, operating as a "closed" fund with a limited operating period, allows for evaluation of its effectiveness and the proposal to convert it to an "open" fund model after the legal framework is finalized and a team of personnel to manage the fund is established. In addition, the author also proposed the conditions for implementing the "Angel Fund" venture capital model at BIDV.

11. Practical application:

12. Future research directions:

13. Published works related to the thesis: None.

INFORMATION ON MASTER'S THESIS

1. Full name: Nguyen Thu Hang 2. Sex: Female

3. Date of birth: July 15, 1981 4. Place of birth: Hanoi Capital

5. Admission decision number: 2415/2015/QD-XHNV dated: October 13, 2015 of the Director of the Social Sciences and Humanities University, Hanoi National University.

6. Changes in academic process: none

7. Official thesis title: Form the Angel capital's model for start-up at BIDV.

8. Major: Science and Technology Management Code: 60.34.04.12

9. Supervisors: Ass.Prof. Dao Thanh Truong, Dean of Science Management, VNU – University of Social Sciences and Humanities

10. Summary of the findings of the thesis:

Firstly, the thesis has codified the basic theoretical issues for the creation of the angel capital's model for start-up activities.

Secondly, with evidence, the thesis analyzed and clarified the current status of venture capital fund operations in Vietnam and BIDV as well as surveyed 03 groups of who involved in angel capital for the need of setting up investment funds.

Thirdly, the thesis proposes the "Angel Capital" model for start-ups at BIDV. At the early stage, the fund should be closed-end fund model and have its own operating regulation independent of BIDV. After evaluating performance results, the model can be an open-end fund with the completion of the legal as well as the staff. In addition, the author also proposed the conditions for the implementation of the angel capital model at BIDV.

11. Practical applicability, if any:

12. Further research directions, if any:

13. Thesis-related publications: No