Sci-Tech

Startup models get 28,000 USD in Swiss Innovation Challenge

Three startup models were awarded cash prizes totalling 28,000 USD at the final pitch of the Swiss Innovation Challenge (SIC) Vietnam 2017 competition in Ho Chi Minh City on September 13.
Startup models get 28,000 USD in Swiss Innovation Challenge ảnh 1A candidate presents her project (Source: doimoisangtao.vn)

HCM City (VNA) – Three startup models were awarded cash prizes totalling 28,000USD at the final pitch of the Swiss Innovation Challenge (SIC) Vietnam 2017competition in Ho Chi Minh City on September 13.

The “Share Car For Ads” initiative won the firstprize worth 15,000 USD. It will also represent Vietnam in the finalinternational competition to be held in Switzerland next month.

DropDeck, a platform designed to rank firmscalling for investment and help investors find and assess potential startups ina fast and accurate manner, won the second prize worth 5,000 USD.

The third prize of 3,000 USD went to “Smartassembling parking lot” initiative, using the Internet of Things (IoT)technology, which helps increase parking space.

The organisers also awarded another 5,000 USDprize to the DropDeck project with the most convincing internationalisationstrategy.

SIC Vietnam,funded by the Government of Switzerland, was co-organised by the HCM CityUniversity of Technology and University of Applied Sciences and ArtsNorthwestern Switzerland. It was first held in Vietnam in 2015.

Nguyen ThiAnh Phuong, Director of the Executive Master ofBusiness Administration-Management Consulting International (EMBA-MCI)of the HCM City University of Technology, said the competition aims to seekinitiatives and innovation models and outstanding startups for both Vietnam andASEAN.

It also connectsthe startup community and inspires all people and economic sectors to makeVietnam a startup nation, Phuong said.

Currently,it is a unique programme in Vietnam and Southeast Asia that comprehensivelyapproaches and realises business and technology initiatives.

TheUniversity of Applied Sciences and Arts Northwestern Switzerland in partnershipwith leading local universities have held similar competitions in Indonesia,Malaysia, and Thailand.-VNA
VNA
#startup models #Swiss Innovation Challenge #Internet of Things #HCM City University of Technology #Vietnamplus #Vietnam News #Vietnam News Agency
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