The judges award the prize for the first place winner (Photo: VNA)Hanoi (VNA) - Fifteen teams from around theworld were selected to pitch their smart cities solutions for Vietnam at theSmart City Innovation Challenge (SCIC) Demo Day in Hanoi on November 13.
The Smart City Innovation Challenge, launched in July thisyear, sought smart city solutions in 12 key focus areas identified by the citygovernments and the smart city steering committees of Vietnam.
These include affordable housing, energy efficiency, trafficmanagement and smarter parking, waste management, urban agriculture, waterpurification and delivery, public security and monitoring of natural disasters,ecotourism and environmental planning, health care, education, e-governmentservices and more greenery and public spaces. The call specified that solutionsshould be suitable for Vietnam’s cities.
The competition received 197 submissions from over 30countries. A selection committee of industry judges shortlisted the 15finalists.
They come from the United States, Singapore, Switzerland,Turkey, Israel, China, Australia and Vietnam.
Three winners will be selected at the Demo Day. They willreceive cash prizes and be linked to the cities’ acceleration programs to helplocalise their solutions. After that, the winners can secure projects if theymeet the cities’ needs.
TNB Ventures, a venture capital partner for Smart CityInnovation Challenge Vietnam, will also consider Series A funding forhigh-potential companies.
Dominic Mellor, head of the Mekong Business Initiative(MBI), said that the demand for innovative solutions to develop cities in Vietnamhas never been higher. Rapid development has pushed urban infrastructure beyondits capacity.
Speaking at the sideline of the event, Phan Dinh Tuan Anh,founder of Angles 4 Us, the largest private investment community in Vietnam,said that the 15 finalists all belong to reputable high-technology companies.
The problem now is how to adjust the technology solutions tomeet the needs of Vietnamese market and users. “These include price,application capacity and deployment scale,” he said.-VNA
The Smart City Innovation Challenge, launched in July thisyear, sought smart city solutions in 12 key focus areas identified by the citygovernments and the smart city steering committees of Vietnam.
These include affordable housing, energy efficiency, trafficmanagement and smarter parking, waste management, urban agriculture, waterpurification and delivery, public security and monitoring of natural disasters,ecotourism and environmental planning, health care, education, e-governmentservices and more greenery and public spaces. The call specified that solutionsshould be suitable for Vietnam’s cities.
The competition received 197 submissions from over 30countries. A selection committee of industry judges shortlisted the 15finalists.
They come from the United States, Singapore, Switzerland,Turkey, Israel, China, Australia and Vietnam.
Three winners will be selected at the Demo Day. They willreceive cash prizes and be linked to the cities’ acceleration programs to helplocalise their solutions. After that, the winners can secure projects if theymeet the cities’ needs.
TNB Ventures, a venture capital partner for Smart CityInnovation Challenge Vietnam, will also consider Series A funding forhigh-potential companies.
Dominic Mellor, head of the Mekong Business Initiative(MBI), said that the demand for innovative solutions to develop cities in Vietnamhas never been higher. Rapid development has pushed urban infrastructure beyondits capacity.
Speaking at the sideline of the event, Phan Dinh Tuan Anh,founder of Angles 4 Us, the largest private investment community in Vietnam,said that the 15 finalists all belong to reputable high-technology companies.
The problem now is how to adjust the technology solutions tomeet the needs of Vietnamese market and users. “These include price,application capacity and deployment scale,” he said.-VNA
VNA
