Four teams win Start-up Israel 2014 competition

Four Vietnamese start-ups were named as the winners of the Start-up Israel 2014 competition on November 17.
Four Vietnamese start-ups were named as the winners of the Start-up Israel 2014 competition on November 17.

The four Internet and mobile technology start-ups are Chomp, BraveBits and Younet, as well as Umbala.

Chomp,one of the nine start-up enterprises that receive support in theSilicon Valley Vietnam Project, provides solutions on social networks tohelp marketers approach and interact effectively with targetedcustomers.

BraveBits is completing an e-commerce product calledhiSella that helps shop-owners to track their customers on Facebook andget information on their best-selling products.

Younet hasdeveloped a cloud computing-based website called SocialHeat to collectand analyse automatically the comments of users of social networks andother websites.

Umbala is a mobile application that helps create12-second videos with special effects that can be shared on popularsocial networks such as Facebook, Instagram and Twitter.

Theorganising board of the awards said that it could not award any team inthe field of agriculture and life sciences, because the 50 projectsubmissions in the two areas did not show innovation and practicality.

In mid-December, a representative each from the four winning teams will go to Israel to learn about successful start-up models.

Thenationwide competition was launched in September by the embassy ofIsrael, the Ministry of Science and Technology and the Business Studiesand Assistance Centre (BSA). Representatives of the embassy, theministry and the centre will accompany the winners in their trip toIsrael./.

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