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Startup competition promotes sustainable growth

The United Nations Development Programme (UNDP) in Vietnam and HATCH! VENTURES – a social enterprise and startup incubator – announced the SGDs Challenge 2017” competition in Hanoi on July 12.
Startup competition promotes sustainable growth ảnh 1Staffers of Lozi, a start-up online food review community, at their office. (Illustrative photo: Tuoi Tre)

Hanoi (VNA) -
The United Nations Development Programme (UNDP) in Vietnam andHATCH! VENTURES – a social enterprise and startup incubator – announced the“Sustainable Development Goals (SGDs) Challenge 2017” competition in Hanoi onJuly 12.

Takingplace in the capital, Ho Chi Minh City and Da Nang, the contest seeksinnovative business ideas that promote sustainability and social changes.

Thefinal round is set to run in HCM City on October 28, with the winner obtaininga chance to undergo HATCH! VENTURES’s 4-month Acceleration Programme, which prepares startups to be investment ready.

Speakingat the ceremony introducing the contest, UNDP Vietnam Deputy Country DirectorAkiko Fujii said the UNDP wants to connect with the startup community inVietnam in a bid to highlight the importance of green growth and createpositive social changes.

In2015, the UNDP and HATCH! VENTURES jointly organised the Hackathon for SocialGood, a 48-hour coding contest, which gathered over 100 programmers, developersand social activists to create useful technology products with commercialvalues for society.

In2016, the sides signed a memorandum of understanding on partnership agreementwith commitments to mobilising young people into innovative actions towardsachieving the SDGs.-VNA
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