On the 24th of July, The Vietnam Climate Innovation Center (VCIC) awarded entrepreneurs with excellent ideas to tackle climate change challeneges in Vietnam. 

The event had the presence of Deputy Prime Minister Mr. Vu Duc Dam; Mr. Tran Van Tung - Deputy Minister of Science and Technology; Mr. Ousmane Dione - Director of the World Bank in Vietnam, Mr. Justin Baguley - Counselor for Economic Cooperation and Development - Australian Embassy in Vietnam, Ms. Nguyen Thi Thu Ha - President of the Vietnam Women's Union Male; international organizations and the business community and start-ups in Vietnam.

At the Award Ceremony, 16 projects with excellent proposals/ideas with innovative initiatives to respond to challenges related to climate change in Vietnam were selected by the VCIC PMU on the basis of The consultations of the independent review board and the consent of the World Bank and the Ministry of Science and Technology were honored and awarded.

The total value of the awards for these businesses is up to 647,000 USD from World Bank-supported ODA from the Australian Department of Foreign Affairs and Trade (DFAT) and the UK Department of International Development (DFID).

In addition to receiving financial support from the Contest, selected organizations/individuals will have access to consulting services and business development support from the Center's Technical Support Project Management Board. Vietnam's climate change innovation (VCIC) includes training, mentoring, connection with start-up support networks, expert networks, partner networks, facilities, investment access.

Deputy Prime Minister Mr. Vu Duc Dam awarding the special award called The Pioneering Award. 
President of the Vietnam Women's Union Nguyen Thi Thu Ha and Deputy Minister of Science and Technology Tran Van Tung presented the prize to the unit honored in the category of Innovation
World Bank Country Director for Vietnam Ousmane Dione and Mr. Justin Baguley - Counsellor, Economic and Development Cooperation - Australian Embassy awarded the honoree in the Challenge category.
Overview of the award ceremony of the innovative startup contest "Women and the future of the green economy".
Deputy Prime Minister Vu Duc Dam visiting the exhibition

Speaking at the opening ceremony, Deputy Minister Tran Van Tung said, “The Ministry of Science and Technology highly appreciates the efforts of VCIC and businesses in developing innovative solutions to turn challenges into reality. knowledge of climate change into a business opportunity. The VCIC model helps solve business challenges, reduce emissions and improve climate resilience, while creating more jobs and improving competitiveness in the region.”

Over the past three years, VCIC has organized 2 Proof of Concept Competition with 32 winners. At this Awards Ceremony, businesses from the previous Proof of Concept Competition held by VCIC received graduation certificates. These are businesses that, with the support of VCIC, have demonstrated their growth, maturity and willingness to approach new markets.

“Tackling serious challenges like climate change requires new ideas and creative thinking.” Mr. Ousmane Dione, World Bank Country Director in Vietnam said. “We are constantly on the look for initiatives to help countries address this challenge, from policy advice to specific projects and programs, to coordinating and leveraging financial resources, and the VCIC is one Typical projects in these efforts.

VCIC is part of the World Bank Group's Climate Change Innovation Program in 11 countries around the world, providing a platform to connect domestic and international business, enhance sharing knowledge sharing and trade promotion.

Enterprises awarded in this year's competition as well as enterprises graduating from previous competitions play an important role in laying the foundation for the development of Vietnam's clean and environmentally friendly technology industry. through creating positive economic, social and environmental impacts from innovative business activities and plans.

Congratulating to businesses participating in this year's contest, Mr. Justin Baguley, Counselor for Economic Cooperation and Development, Australian Embassy in Vietnam said: '' Supporting gender equality and economic empowerment for women Women are an important part of our partnership with Vietnam. With PoC3, we're excited to help women-led businesses find innovative ways to tackle climate challenges, turn them into business opportunities, create jobs and drive growth. economy in Vietnam”.

Ms. Nguyen Thi Thu Ha - President of the Vietnam Women's Union said: "This is a very meaningful contest, I highly appreciate the role and capacity of women in innovation for development. green and sustainable. Entrepreneurs, especially female entrepreneurs, have come up with innovative solutions to respond to climate change, creating economic values, positively impacting the environment, and Vietnamese society. ".

In this event, the Exhibition "Green Startup Aspiration" with 22 booths displaying innovative products/services of POC1, POC2 and POC3 will be held to propagate and encourage creativity in all fields and areas of ​​life.

Source: Infonet by Anh Hung. Image courtesy by Infonet.