$14 million invested in start-ups at Techfest

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HA NOI,
VIETNAM – Media OutReach – 9 December 2019 – Around US$14 million in investment
was pledged during the national innovative start-up day, Techfest 2019, in
Hạ Long City, Quảng Ninh Province.

 

A series of seminars were organised by 12 technology villages during the
three-day event.

 

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The event attracted 250 foreign investors and experts, and nearly 300
start-ups, with the support of VinTech City, Vietcombank and several other
donors.

 

The first prize in the National Innovation Talent Contest for
Start-ups was awarded to MultiGlass, a start-up providing smart technology to
help people with disabilities use computers.

 

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The smart communication device combines iris recognition
technology and Artificial Intelligence.

 

MultiGlass will represent Việt Nam at the Start-up World Cup 2020 in San
Francisco, US.

 

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At the Techfest closing ceremony on Friday, Deputy Minister of Science and
Technology Trần Văn Tùng said the ministry would continue to
assist the innovative start-up eco-system and support local eco-systems.

 

He highlighted the determination of ministries and sectors to create
favourable conditions through a legal framework for start-ups, incubators and
foreigners seeking investment opportunities in Việt Nam.

 

The opinions given by domestic and foreign investors and experts at
Techfest would be studied to improve the start-up environment, he
said.

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$14 million invested in start-ups at Techfest - Brand Spur

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$14 million invested in start-ups at Techfest - Brand Spur$14 million invested in start-ups at Techfest - Brand Spur

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$14 million invested in start-ups at Techfest - Brand Spur$14 million invested in start-ups at Techfest - Brand Spur

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