HO CHI MINH – With the goal to reward promising start-up ventures in one of the most exciting start-up hubs in Southeast Asia according to foreign venture capital funds, Samsung and Leo Burnett Vietnam launched the inaugural GOLIVE! Vietnam Venture Cup.
The competition, an initiative together with leading partners including IDG Ventures, YMG Entertainment and Media Group, Forbes Vietnam, LaunchPad and Topica EdTech Group, follows the launch of the ‘Success with an attitude’ campaign for the Galaxy Note 5, the main competition sponsor, earlier in August.
GOLIVE! Vietnam Venture Cup has four phases starting with the recruitment followed by submission of entries and the announcement of the top 40 finalists. The 40 teams will be participating in the coaching process, the fourth and last phase before the culminating event and announcement of winners on December 22nd.
The winning team, to be chosen by the Venture Cup jury composed of Linh Thai, CEO of Stitch Appeal, Pham Hop Pho, CEO of IDG Ventures Vietnam, TS Pham Minh Tuan, CEO of Topica Edtech Group and Nhan The Luan, CEO of NCT Corporation, will be granted with a $15,000 funding to launch their own start-up company.
GOLIVE! Vietnam Venture Cup runs on a digital platform www.venturecup.vn developed by Leo Burnett Vietnam. “At Leo Burnett we strongly believe that creativity is the biggest competitive advantage in business today. We are excited to be a connector and a facilitator for the world’s biggest brands, the local Venture community and the creative people developing their start-up ideas,” shared Lukasz Roszczyc, Managing Director, Leo Burnett Vietnam.
