The competition is only open to teams. There is geographical restrictions.
Each team must have at least two members, and at least one member must be a Vietnamese citizen or of Vietnamese heritage. All team members must be at least 18 years of age.
There is no limit to the number of applications a team can submit.
Each application must present a business idea in at least one of the four following fields:
- Clean Energy
How To Apply
The team must submit their application online here. The application must include these materials.
1. Mandatory Materials:
- A pitch deck in the form of a 6-slide presentation file. The pitch deck shall address all of the following questions:
- What market does your team address?
- What is the problem in that market?
- How big is the market?
- How does your team address the problem?
- Why is your solution better than the existing methods?
- Your team profile (relevant expertise)
- A 1-3-minute video pitching the team’s business idea.
2. Optional Materials:
A competition entrant may submit other documents and materials in support of their application.
Otherwise agreed with entrants, VietChallenge has the right to publish and distribute participants’ Entry Materials, Mandatory Materials, and Optional Materials, including for purposes of promoting the competition or showcasing its participants to VietChallenge’s investors and public, and training.
Participants are responsible for their own intellectual property.
Past winners of the VietChallenge 2016 Final Round are not eligible to apply.
Volunteers, judges, mentors, and Members of the Organizing Committee of VietChallenge 2017 and Direct Relatives of the Members of the Organizing Committee MAY NOT apply. Direct Relatives means spouses, parents, children, and siblings whether by blood, adoption, or marriage. The list of the Members of the Organizing Committee, as may be updated from time to time, can be found here.
VietChallenge 2017 begins accepting applications at 00:01 a.m. U.S. Eastern Standard Time (EST) on October 1, 2016.
The application deadline is 11:59 p.m. U.S. Eastern Standard Time (EST) on November 30, 2016.
No late submission shall be accepted and VietChallenge only accepts applications that meet all the requirements in the Regulations.
For further information about the timeline, please visit the Timeline.
The winner of VietChallenge 2017 will receive a cash prize of US $20,000. Each Finalist will receive a cash prize of US $2,000 for participating in the Final Round.
The net value of each cash prize, after deducting all applicable taxes and fees under applicable laws, shall be made via check or bank transfer to each team within 60 days from the date of the Final Round.
Each team is obligated to provide in full proper documentation, at VietChallenge’s request, for the transfer and payment of these prizes as required by law.
Finalists are required to attend the Reception to be held on the evening of March 31, 2017.
Details of the Reception are to be distributed later by VietChallenge.
Failure to attend the Reception can result in a team’s elimination from the Final Round unless otherwise decided by VietChallenge.