Sci-Tech

Second Proof of Concept competition kicks off

Climate change mitigation is the key topic of the second Proof of Concept (PoC) competition recently launched by the Vietnam Climate Innovation Centre (VCIC).
Second Proof of Concept competition kicks off ảnh 1VCIC deputy director Pham Duc Nghiem at the launching ceremony (Photo: vtv.vn)

Hanoi (VNA) – Climate change mitigation is the key topic of the secondProof of Concept (PoC) competition recently launched by the Vietnam ClimateInnovation Centre (VCIC).

The contest, sponsored by the World Bank (WB) and the Ministry of Science andTechnology, was organised following the success of the first event which saw 18businesses winning awards of innovation start-ups fighting against climatechange in 2016.

Speaking at the launching ceremony on April 28, Pham Duc Nghiem, VCIC deputydirector highlighted that young enterprises and start-ups play a crucial rolein mitigating climate change’s impacts on the environment by creating environmental-friendly,clean products, services and technologies and nudging them closer to people.

Innovation products, services and business models joining the second PoC shouldbe in following categories: effective energy, sustainable agriculture, watermanagement and purification, renewable energy technologies, information andtechnology and other technologies related to climate change.

Through the competition, start-ups and young businesses will receiveinternational training models developed by experts from the WB and the US’sleading incubator centres as well as call funds amounting to 75,000 USD for thedevelopment, deployment and extension of a product or service.-VNA
VNA
#Vietnam Climate Innovation Centre #Proof of Concept competition #effective energ #start-ups #World Bank
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