The National Innovation Festival – Techfest Vietnam 2020.

TECHFEST 2020 with the theme “Adapt – Transform – Breakthrough” will continue the success of previous seasons to provide a potential playground for connecting and gathering domestic and international investment resources to start a business in a difficult situation caused by the COVID-19 epidemic.

TECHFEST 2020 – an annual event held on a large scale and brings together thousands of individuals and organizations to create a network of domestic and international innovative startup support for the community. Start-up is organized by the Ministry of Science and Technology in collaboration with ministries, branches and localities. At the same time, this is also an opportunity to promote the image of a startup ecosystem of a dynamic Vietnam, ready to welcome innovation and development of science and technology in the international market.

TECHFEST 2020 is a rewarding platform for startups to develop no more than five years after its establishment, giving priority to start-up projects, business ideas and solutions that have sample products, specially are not limited the geographical location of the participating teams.

The participating teams submit the Pitch Deck by November 11, 2020. The organizers will begin to consolidate and organize the selection of the 10 most representative teams to the round from November 12. 2020 to November 18, 2020. Results will be announced before 20 November 2020. TECHFEST National 2020 will be held in Hanoi from November 27 to 29, 2020.

The National Innovation Start-up Program TECHFEST 2020 requires exam projects to ensure honesty in selection content; do not copy and infringe the intellectual property rights of other authors. In particular, projects must participate in the Da Nang Open Start-up Exhibition – SURF 2020.

In order to have the opportunity to move on to the following rounds to break through, teams must keep the following criteria in order not to lose points: Target market; Resolving project problem and market demand; Solution that solves that problem; Product development capacity; Competitive situation and competitive advantage; The results have been achieved; Revenue model; Financial forecast; Team, board and advisor; The ability to present and answer questions; Full participation in the content of the Open Da Nang Startup Exhibition – SURF 2020; Register to participate in the 2020 National Startup Talent Search.

When entering the round of TECHFEST 2020, the 10 best teams will be supported with VND 8,000,000 / project. At the same time, to be considered for funding support for direct labor payment; use innovative startup services; use of digital space, online support services; funding for pilot production, making samples, perfecting technology and participating in short-term training courses abroad and other benefits.

Image 1: MultiGlass – The Champion of Techfest 2019.

Individuals and organizations participating register form and send to BTC at the address: https://forms.gle/zcgctSspUkkvJ6wz8​. Information provided includes: project name, project members, project problem solving, problem solving solution, sample product creation status, current project clients.

Contact information:
Venue: Department of Technology Management, Department of Science, Science and Technology of Da Nang City – Level 22 – City Administration Center, 24 Tran Phu, Hai Chau District, Da Nang City.
Phone: 0236.3887429 – 0908.835853 (Mr.Võ Đức Anh).
Email: anhvd@danang.gov.vn
Website: ​https://dost.danang.gov.vn​.

Leave a Reply