Empowering Vietnam's Innovators! 🚀
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The New Venture Challenge ("NVC"), the pinnacle of startup acceleration in Vietnam, fuels early-stage entrepreneurs with an unparalleled opportunity. We believe in your potential, that's why we offer from $1K to $20K pure grants (in exchange for 0% equity commitment), and mentorship that transforms dreams into reality. Join us through two rigorous rounds of selection, where up to 12 visionary winners embark on a 3-month transformative journey.
Leaders in Bridging Vietnam Innovation with the World
Ethos Fund (“Ethos”) was founded by a pair of serial entrepreneurs who want to prove that founders and venture capitalists don’t need to compromise to build transformative companies — that growth is better, faster, and more fun when startups and investors aren’t afraid to be authentic and share the same ethos.
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MYSC creates social innovation through business as a partner of all organizations that seek to combat social problems.
The "Merry Year" mentioned in the MYSC (Merry Year Social Company) mission refers to a world where social polarization is resolved and everyone lives like a human being. MYSC contributes to the jubilee that everyone will enjoy. We are in-house entrepreneurs who help entrepreneurs, and we work together to make a better world.
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VinUniversity is a private, not-for-profit university established by Vingroup – the largest private conglomerate in Vietnam.
The mission of VinUniversity is to train a talented workforce with expertise, skills, personal development, and a dedication to achieving the highest possible effectiveness, contributing to the prosperity of individuals, society, and making a positive impact on the global knowledge-based economy.
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The goal of NVC is to help startups really take off. Startups will arrive at NVC at all different stages. Some haven’t even started working yet, and others have been launched for a year or more. But whatever stage a startup is at when they arrive, our goal is to help them to be in dramatically better shape within 2-to-3 months.
$1K to $20K grant to Winners in exchange for Zero Equity Stake!
Weekend Workshops & Immersive 1-Week BootCamp
200+ Global Investors &Â Mentors Ready to Invest
Access to Ethos Fund's Venture Studio ($200K+ funding)
NVC, the most comprehensive startup challenge + accelerator in Vietnam, consists of two (2) rounds of competitions, weekend workshops, on-campus bootcamp, and full demo day (featuring 200+ investors)
ROUND 1
2023 Oct 31
Winners of Round 1 are invited to an 11-week long program (2023 Nov 18th — 2024  Jan 27) leading up to Demo Day on 2024 Jan 27.
ROUND 2
2023 Dec 2
Winners of Round 2 are invited to a 8-week long program (2023 Dec 9th — 2024 Jan 27) leading up to Demo Day on 2024 Jan 27.
DEMO DAY
2024 Jan 27
Up to 12 founders will have the chance to present their businesses to prestigious VCs on the Demo day.
Due Dates
Description
Founders submit their information and ideas via online application by Oct 31.
Organizers will interview and select up to 6 founders as “winners.”
Winners receive:
Note: Weekend Workshop attendance is a mandatory prerequisite for receiving grant money.
Due Dates
Description
‍The  winners from Round 1 will submit their:
Due by Dec 2 via online portal.
New set of founders will also submit their information and ideas via online application by Nov 25.
Organizers will interview and select up to 6 new/additional founders as “winners” for Round 2.
Winners receive:
Note: One Week Bootcamp attendance is a mandatory prerequisite for receiving grant money.
6 winners from Round 1 automatically qualify for the One Week Bootcamp.
Due Dates
Description
This is Demo Day for up to 12 founders (+ teams). Three parallel opportunities for founders to receiving funding:
ROUND 1
2023 Oct 31
Winners of Round 1 are invited to an 11-week long program (2023 Nov 18th — 2024  Jan 27) leading up to Demo Day on 2024 Jan 27.
Due Dates
Description
Founders submit their information and ideas via online application by Oct 31.
Organizers will interview and select up to 6 founders as “winners.”
Winners receive:
Note: Weekend Workshop attendance is a mandatory prerequisite for receiving grant money.
ROUND 2
2023 Dec 2
Winners of Round 2 are invited to a 8-week long program leading up to Demo Day on 2024 Jan 27.
Due Dates
Description
The 6 winners from Round 1 will submit their:
Due by Dec 2 via online portal.
New set of founders will also submit their information and ideas via online application by Nov 25.
Organizers will interview and select up to 6 new/additional founders as “winners” for Round 2.
Winners receive:
Note: One Week Bootcamp attendance is a mandatory prerequisite for receiving grant money.
6 winners from Round 1 automatically qualify for the One Week Bootcamp.
Demo Day
2024 Jan 27
Up to 12 founders will have the chance to present their businesses to prestigious VCs on the Demo day.
Due Dates
Description
This is Demo Day for up to 12 founders (+ teams). Three parallel opportunities for founders to receiving funding:
"VinUniversity is aiming to be the #1 entrepreneurship school in the world. NVC is a part of that vision."
"Vietnam innovators can (and will!) shape the future of the world. We are focused on amplifying founders who can (and will!) do exactly that!"
"Walk the talk! Impact driven founders don't just talk, they walk, act, and execute!"