Hanoi (VNA) – The registration for AIAccelerator Challenge 2021 (AAC 2021) organised by the Vietnam Silicon ValleyFoundation (VSV Foundation) opens until 23:59 on March 25.
Under the auspices of the Vietnamese Ministry of Science& Technology and support from the Aus4Innovation Programme, AAC 2021 is abrand-new national competition calling for all innovators to share theirbright ideas for rolling out artificial intelligence-driven innovation into newareas of industry, fields of science, and the day-to-day lives.
AI startup has undoubtedly been gaining a lot ofattention in recent years in Vietnam, but they often lack the support orvisibility they need to grow. AAC 2021 provides an exciting opportunity forinnovators to receive seed funding and incubation training to help them maximisetheir chances of success.
The programme is designed to open to any individualand team who want to contribute to the economic and social development ofVietnam by using AI technology.
During the first phase, applications will be screenedonline based on the answers on the application form and selected for the nextround.
The 15 selected starts-up will enter an intensiveone-month bootcamp programme in order to evaluate their personalities,mindsets, and collaboration with the programme.
These selected startups will be invited to make a 15-30-minute presentation in front of an expert panel.
The five selected startups will enter three-monthintensive bootcamp programme with access to mentoring and up to 200 million VND (8,723USD) in no equity funding.
Andrew Barnes, Australian Chargé d' Affaires toVietnam, highlighted achievements Vietnam has recorded in the COVID-19 combat,saying Australia is realising its strong commitments to supporting thecountry’s efforts in overcoming the pandemic and reviving the national economyfor a long-term through sponsoring initiatives promoting AI-driven innovations.
Thach Le Anh, Founder of the VSV Foundation, said theVSV Foundation forms part of the programme, aiming to help AI startups get access to consultantsin order to develop their business and call for investors./.