The elite travel startup competition, supported by the Australian Government and Asian Development Bank, includes Asia’s most prominent travel-specialized venture capitalists among its advisors.
MIST’s second prize comes with a $5,000 innovation grant.
Ecohost enables quality tourism experiences in the Vietnamese countryside, working village-by-village to develop tours and activities while improving the capacity of rural homestays to serve international guests.
Ecohost came in second to BambooLao from Luang Prabang, Lao PDR. They have produced more than 80,000 reusable bamboo straws and other bamboo utensils, using indigenous bamboo varieties and a proprietary natural treatment process. Their straws are used by Aman Group, Pullman, Rosewood Group, and Sofitel properties, and EXO Travel tours.
MIST supports high-growth-potential emerging market startups in travel and hospitality – especially startups that generate positive impacts for communities, culture, and the environment. The program’s five 2018 finalists refined their business acumen and pitching skills during MIST’s weeklong business fundamentals bootcamp, five months of customized coaching by industry experts, and MIST pitch competitions in Ho Chi Minh City, Nakhon Phanom, Thailand, and ITB-Asia’s Mekong Travel Startup Forum in Singapore.