With aim of turning climate challenges into business opportunities through comprehensive support for innovative startups in the fields of green growth and sustainable development. On 28th April 2017, Vietnam Climate Innovation Center (VCIC) launched the 2nd Proof of Concept (POC2) in Vietnam, supported by World Bank and Ministry of Science and Technology.
The 1st Proof of Concept (POC1) came to an end with 18 winners of Vietnam’s climate innovation enterprises in June 2016, yielding positive results such as creating 600 direct jobs or reducing the amount of CO2 emission by 88,933 tonnes.
VCIC launched the 2nd Proof of Concept (POC2) in Vietnam.
Throughout the competition, VCIC expects to support young entrepreneurs to develop innovative business models, products or services that can minimize the impacts of climate change on the environment and bring about positive effects on the economy and society in Vietnam. Qualified applicants for the competition include: researchers, private entrepreneurs, start-up groups or companies, existing companies in Vietnam that are developing a new and innovative product or business model in the field of climate change. 5 prior areas for the competition include: Energy Efficiency; Sustainable Agriculture; Information Technology; Renewable Energy Technology; Water Management and Purification; or other areas/ technologies related to climate change.
Through PoC, start-up businesses will be given prior access to VCIC's comprehensive advisory services and business development support, including training, mentoring, connecting with start-up support networks, networks of experts, networks of partners, facilities and investment access as well as the opportunity to receive funding of up to 75,000 USD.
To bring the information to potential individuals, organizations and enterprises across the North, the Central and the South of Vietnam, VCIC organized a series of ‘Call for Proposals’ Workshops including three workshops in the mornings of 4, 5, and 6 May 2017 in Hanoi, Da Nang and Ho Chi Minh City respectively.
Addressing Call for Proposals of the 2nd Proof of Concept in Hanoi, Mr. Tran Van Tung, Deputy Minister of Science and Technology emphasized: “Recently, VCIC has launched several activities to seek, select and support innovative technology-related ideas in dealing with climate change through organizing the 2nd Proof of Concept. Over the course of selecting and evaluating 300 proposed ideas, VCIC in collaboration with World Bank’s independent experts selected 18 enterprises, that came up with outstanding ideas and proved their positive effect of technology on green growth and to develop an economy that can adapt to climate change in Vietnam, to receive funding. Through POC2, I expect many applicants will get the support to complete their products to minimize the impacts of climate change, and at the same time, to contribute to the national strategy for green growth in accordance with the Decision of the Prime Minister.”
*Deputy Minister Tran Van Tung delivering his speech in the ‘Call for Proposals’ Workshop of the 2nd Proof of Concept in Hanoi.
Deputy Head of National Agency for Technology Entrepreneurship and Commercialization Development, Ministry of Science and Techonology – PMU Director of VCIC - Director of VCIC PMU shared that together with the efforts of start-up businesses and young innovators, VCIC is keen on joining businesses to create opportunities for comprehensive development, to build a green growth environment, and to foster economic and social growth in Vietnam.
*Mr. Pham Duc Nghiem answering questions from enterprises at Hanoi workshop.
In addition to introducing VCIC support services, providing information about the “Proof of Concept” Competition as well as the detailed instruction on the application process and how to develop a good concept now, the workshops are also a good opportunity for individuals, organizations and businesses to learn, exchange and receive advices and consultancy from VCIC experts, as well as to hear some valuable sharings from successful businesses from the 1st “Proof of Concept” competition.
Applicants can apply online at www.vietnamcic.org/apply. Applicants can also download the application form “Concept note” from www.vietnamcic.org and send it via email to firstname.lastname@example.org or mail them to the “Project Management Unit, Vietnam Climate Innovation Center, 8th floor, Hoang Sam building, 260 - 262 Ba Trieu Street, Hai Ba Trung District, Hanoi”.
The deadline for submission of concept notes is before 5 pm Hanoi time, May 23rd, 2017. Details of the application process, eligibility criteria as well as other information of the “Proof of Concept” Competition can be found in the "Application Pack" as well as in the "Frequently Asked Questions", which can be downloaded from VCIC’s website. Interested organizations, individuals and businesses interested can find updated information as well as future amendments (if any) at our website: www.vietnamcic.org.
Shortlisted applicants will be invited to attend VCIC’s training sessions for the preparation of the 2nd round “Sub-project Full Proposal”, which will be based to evaluate and select the best projects to be awarded.
*Ass Prof., Dr. Mai Quang Vinh, Chairman of AgriMedia JSC. – one of the succesful enterprises from the 1st “Proof of Concept” Competition, sharing the story behind the project success at Hanoi workshop.
Following the “Call for Proposal” workshops, VCIC will provide online counseling sessions on May 15, 16 and 18 to answer questions as well as provide additional information for prospective applicants. In particular, Concept Notes must focus on meeting the specified requirements, which include: innovation in technology or business model that can create products and services to contribute to the adaptation and mitigation of climate change; Replicability and “multiplier effect” potential of products/services.
* Mr. Nguyen Nam Hai, CEO of NOVAS Technology Company Limited (NOVAS) - one of the succesful enterprises from the 1st “Proof of Concept” Competition, sharing the story behind the project success at Da Nang workshop.
*Dr. Vo Thi Hanh - Director of Phuong Nam Biology Co., Ltd, the enterprise was awarded the first initiative to respond to climate change with experts sharing experience at the conference in HCM City.
* Ms Claire Ireland - Second Secretary and Ms Nguyen Tu Uyen from the Australian Embassy in Vietnam are excited about the clean agricultural products on display at the event.
* Potential businesses raising questions at the workshop
* VCIC expert sharing on how to write a good Concept Note.
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