Aug 25, 2018 / 14:55
US Embassy in Hanoi launches “Vietnam Challenge for Our Environment”
This competition is part of the US Embassy’s ongoing #EndPlasticPollution and #KeepVietnamClean campaign.
The US Embassy in Hanoi, in partnership with Hatch! and Swiss EP, on August 24 launched the “Vietnam Challenge for Our Environment” to create practical solutions for agricultural, industrial, and household waste, and solve plastic, carbon, and chemical pollution problems.
This competition is part of the US Embassy’s ongoing campaign to #EndPlasticPollution and #KeepVietnamClean. Matching researchers with entrepreneurs through this campaign encourages collaboration between universities, the startup community, and the private sector to create sustainable solutions.
“Through this challenge, the US Embassy is committed to helping nurture more viable, sustainable and scalable solutions to address Vietnam’s biggest environmental problems,” said US Department of State’s Regional Public Engagement Officer Vietnam, Laos and Cambodia, Fenghua Wang.
Support from Hatch!, Swiss EP, BK Holdings, and Startup Vietnam Foundation helped rapidly launch this initiative. Kova Paint, Vietnam Oman Investment (VOI) and VIC Partners also pledged support by providing one cash prize each to the winners.
The competition will be held from August to November 2018. On August 24, researchers and entrepreneurs presented their ideas and explore the open networking space to form high-performance teams.
From September 1 to November 7, which is the project incubation period, teams will regularly meet with their mentors and attend workshops to refine their business models to achieve fundable stages by investors.
On November 8, or Demo Day, six teams will receive seed funds, publicity and exposure, and pitch to investors. New teams/startups can receive US$$1,000, US$2,000, and US$3,000 while pre-existing startups are eligible to receive from US$2,000 to US$4,000.
John Sechrest, founder of the Seattle Angel Conference, the Lean Startup Seattle Group delivered remarks at the opening of the “Vietnam Challenge for Our Environment”. Photo: US Embassy
|
“Through this challenge, the US Embassy is committed to helping nurture more viable, sustainable and scalable solutions to address Vietnam’s biggest environmental problems,” said US Department of State’s Regional Public Engagement Officer Vietnam, Laos and Cambodia, Fenghua Wang.
Support from Hatch!, Swiss EP, BK Holdings, and Startup Vietnam Foundation helped rapidly launch this initiative. Kova Paint, Vietnam Oman Investment (VOI) and VIC Partners also pledged support by providing one cash prize each to the winners.
The competition will be held from August to November 2018. On August 24, researchers and entrepreneurs presented their ideas and explore the open networking space to form high-performance teams.
From September 1 to November 7, which is the project incubation period, teams will regularly meet with their mentors and attend workshops to refine their business models to achieve fundable stages by investors.
On November 8, or Demo Day, six teams will receive seed funds, publicity and exposure, and pitch to investors. New teams/startups can receive US$$1,000, US$2,000, and US$3,000 while pre-existing startups are eligible to receive from US$2,000 to US$4,000.
Other News
- Applying digital transformation to foster reading culture
- "Denmark in Your Eyes Contest: Youth networking for a green future
- National language celebrated by Vietnamese community in South Korea
- Hanoi accelerating efforts to reduce new tuberculosis cases
- Hanoi tackles overcrowded classrooms
- Vietnamese journalists get expertise from Indian experts
- Effective STEM education in Hanoi schools
- Vietnamese students' skills recognized in PISA survey
- Hanoi aims for 94.5% health insurance coverage this year.
- Denmark helps Vietnam enhance primary health care
Trending
-
Vietnamese PM outlines five 'intensifications' at ASEAN Future Forum
-
Vietnam news in brief - April 23
-
Hanoi tourism sector struggles with rising airfares
-
ASEAN Future Forum 2024: Promoting regional centrality
-
Central bank moves gold auction to tomorrow
-
[Video]Hanoi beauty spots featured in saxophone legend Kenny G's music video
-
Colorful stage shows in Hoan Kiem Lake pedestrian area
-
It happened as it had to happen
-
Hanoi street where dead appliances come back to life