Business

Top five start-ups in AAC 2021 call for capital

A festival calling for investment capital for top five start-ups competing in the AI Accelerator Challenge (AAC) 2021 was held in Hanoi on November 23.
Top five start-ups in AAC 2021 call for capital ảnh 1At the event (Photo: vnexpress.net)

Hanoi (VNA) – A festival calling for investment capital for top five start-ups competing inthe AI Accelerator Challenge (AAC) 2021 was held in Hanoi on November 23.

Theevent was held by the Vietnamese Ministry of Science and Technology with thesupport of the Aus4Innovationprogramme.

Launchedin February 2021 with the theme ““AI in Pandemic – Adapting to the new normal”, the AAC 2021aims to seek, nurture and develop the most promising AI applications in thefields of finance, trade, electronics, telecommunications, agriculture, healthcare, education, transportation and smart city development.

Among 111 entries, 15 were chosen for training and the best five wereeligible for a 16-week specialised training.

At the festival, representatives from the five start-ups presented theirpotential to investors, partners and start-up community to call for capitaland seek cooperation opportunities.

Director of the Aus4innovationProgramme Kim Wimbush said via funding initiatives to promote Ai applications,Australia is delivering on its commitment to helping Vietnam overcome thepandemic and restore its economy for a long-term./.

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