6 women-led agricultural enterprises secure investment in climate change adaptation in Vietnam
6 women-led agricultural enterprises secure investment in climate change adaptation in Vietnam
Six women-led agricultural enterprises across Vietnam’s Mekong Delta have successfully secured up to AUD60,000 (US$38,600) each to take their businesses to the next level through Deltaccelerate.
Six women-led agricultural enterprises across the Mekong Delta in Vietnam receive funding from Deltaccelerate. Photo: Australian Consulate General in Ho Chi Minh City |
Deltaccelerate is a women’s agribusiness climate adaptation accelerator funded by the Australian government that provides customized training and tailored support for women-focused small and medium enterprises in the delta to build their capacity in sustainable business practices and strengthen their resilience to climate adaptation.
The six successful businesses were selected from a cohort of 14 Deltaccelerate participants following a competitive Pitch Day event on October 17 in Can Tho City, according to a media release issued by the Australian Consulate General in Ho Chi Minh City on Wednesday.
These companies include Mekong Coconut Oil Company Limited (Cocovie), Cau Ke Macapuno Coconut Processing Co., Ltd. (VICOSAP), Palmania JSC, AirXCarbon/Veritas Vietnam JSC, Dam Doi Sesarmid Cooperative, and Ecoka JSC.
With this financial support, these enterprises can scale their business through trade promotion, marketing, product development, and training initiatives.
The Deltaccelerate program is part of the Business Partnership Platform, an Australian government initiative implemented by Palladium.
Deltaccelerate is managed by New Energy Nexus Vietnam and continues to foster innovative solutions for climate adaptation and sustainable development in the Mekong Delta.
It is made possible by a unique partnership between the Australian government and New Energy Nexus through the Business Partnerships Platform Climate Adaptation Partnerships in the Mekong Delta, announced in November 2023.
