Semi-finalists announced in US Entrepreneurship Challenge
The US Consulate in Ho Chi Minh City has announced the five semi-finalists in a youth entrepreneurship contest aimed at fostering the entrepreneurial mindset and ecosystem in Vietnam.
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A total of eighteen teams partook in the contest that began on August 4.
After presenting their ideas, five teams were selected to join the finale in Hanoi on August 31.
The Ambassador’s Entrepreneurship Challenge is an initiative by US Ambassador to Vietnam Ted Osius.
The semi-finalist teams include L.I.M, SportHub, Algala, Jamme, and EM.
Each team provided solutions aimed at tackling societal problems in the realms of diet, traffic congestion, or personal clothing style.
Prizes will be awarded at US$1,000 for 1st place, US$750 for 2nd place, and US$500 for 3rd place.
The 1st place team’s leader will be given a US$5,000 scholarship for the University of Hawaii (Vietnam) Executive MBA Program.
They will also receive a fully-funded trip to attend the GIST Startup Camps, an event dedicated to Vietnamese entrepreneurs.
This year’s GIST Startup Camp is set to take place from September 27 to 30 in Ho Chi Minh City and will host businessmen and top instructors from a number of US universities.
