Final round of IoT Startup 2019 identifies excellent candidates

The contest IoT Startup 2019, themed “Open Innovation”, formally kicked off in June 2019, attracting more than 80 participants. After the semi-final round, 16 projects from Group A (Startups) and 10 from Group B (Students) will enter the final round.

Excellent candidates at the final round of IoT Startup 2019

Excellent candidates at the final round of IoT Startup 2019

The contest this year follows a completely innovative style to better answer demands of major enterprises such as Intel Products Vietnam Co. Ltd., HERE.com Company, Dien Quang Lamp Joint Stock Company, or Acis Technology Joint Stock Company.

All contestants must precisely satisfy specific businesses’ requirements, and the best technological solutions will have a chance to be directly launched in those corresponding companies after the contest finishes.

The total value of all prizes comes to more than VND500 million (US$21,600), delivered in accordance with requests of each enterprise.

Startup winners will also receive appropriate support during the piloting time or the incubation duration at the Saigon Hi-tech Park Incubation Center (SHTP-IC). They will gain the support package by the Ho Chi Minh City Department of Science and Technology, worth up to VND2 billion ($86,375).

By TAN TUAN – Translated by Vien Hong

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