AI Accelerator Challenge 2021
The Artificial Intelligence (AI) Accelerator Challenge 2021 seeks to support Vietnam’s economic recovery from the COVID-19 pandemic, and to help foster the development of a vibrant AI start-up environment.
The program is specifically designed for Vietnamese artificial intelligence start-ups with innovative ideas and products that address the practical needs of the market.
Participating start-ups will receive mentoring from top technology and entrepreneurship experts. They will also participate in a bootcamp hosted by Vietnam Silicon Valley on topics like business development and fund raising from angel investors and leading domestic and foreign venture capital funds.
The program is funded by the Australian Department of Foreign Affairs and Trade and managed by CSIRO in strategic collaboration with the Ministry of Science and Technology of Vietnam.
Developing AI-powered applications
The AI Accelerator Challenge 2021, themed “AI in Pandemic – Adapting to the new normal“, is organised with the goal of identifying, incubating, promoting and developing potential AI-powered applications in fields such as finance, commerce, electronics, telecommunications, manufacturing, agriculture, healthcare, education, transportation, smart cities.
Financial support and training
Participants will have the opportunity to undertake a four-week online training course (valued at VND 100 million). The top 5 teams will be awarded a place in an acceleration program including training and mentoring (valued at VND 400 million), access to Vietnam Silicon Valley’s support services and networks, and seed funding of up to VND 200 million (with no equity required).
Eligibility
To be eligible, teams must meet the following requirements:
- The team is no more than 5 years old as of January 1, 2021.
- At least one team member must be a citizen of Vietnam.
- At least one team member must be able to communicate clearly in English.
Participants do not need to be a legal entity at the time of application. However, the 5 winners must register as a legal entity in Vietnam to receive grant funding.
Final five teams named
Congratulations to the five teams who successfully made it through to the final stage of the AI Accelerator Challenge 2021! The teams will now embark on a three-month intensive bootcamp program. Each of the start-up teams will have access to Vietnam Silicon Valley’s support services and networks, and seed funding of up to VND 200 million (with no equity required).
- tMonitor can be used in indoor and outdoor industrial zones to provide an intelligent real-time platform that uses AI and IoT technologies to monitor air quality in order to boost productivity and to ensure compliance to international and Vietnamese regulation standards.
- CyberPurify uses AI to filter harmful internet content for kids. The tool blocks a range of inappropriate content, as well as content in images, videos and ads.
- MiSmart uses unmanned aircraft technology (drone) to fly over crop fields to spot pest spot and spray pesticide. This saves up to 99% of pesticides, and creates clean agriculture products.
- Movan ISO software helps to automate business, production and service processes that comply with ISO standard for businesses.
- EM&AI provides a comprehensive solution including Virtual Agent – a conversational AI and Digital Platform that powers automated conversations between a business and customers via voice and chat channels.
