GBA Business Challenge 2021 – A chance for young talents

GBA Business Challenge 2021

A chance for young talents ready to make a difference –  the German Business Association looks again for Business Ideas that would not only be promising in an economical aspect but ideally solve an issue for the better.

The criteria

  • Feasible and realistic
  • Not yet on the market
  • Can be realized within 1 year
  • Application and presentation in English language
  • Open for participants over 18 years
  • Business idea from Vietnam


Teams with good ideas who feel they match the criteria can compete against each other and win prize money of VND 240 million* to turn their business idea into reality.

Step 1: Apply in the online form:

Step 2: Wait for the feedback, the jury will select the top 20 who will receive professional training by the Vietnamese-German University and work out a convincing Business Plan

Step 3: The jury will select the top 5 who will pitch at our GBA Monthly Business Meeting in December to win the GBA Business Challenge!


Candidates will be invited to submit their ideas to the GBA in English language in an online questionnaire – click here to apply>>>

Click here to learn more about the GBA Business Challenge in 2020 and the winners and their projects >>>


The motivation behind:

Mr. Lukas Schoeneck, GBA board member and CEO of thyssenkrupp Industrial Solutions Vietnam

“We chose the business challenge instead of a charity, as we believe that as a Business Association we can make a more sustainable impact by encouraging and mentoring business. Because successful new companies are creating ever-increasing jobs, income, initiative and purpose in the long term. It suits our predominantly SME membership well, and perfectly combines German business values with Vietnamese entrepreneurship spirit.”

GBA board member Ms. Havana Tong, CEO and Co-Founder of the German Dental Clinic and Holger Benthien, founding member of the GBA reached out to the GBA members to build up a committee, now consisting of 14 engaged GBA members and is supported by the DAAD and the Vietnamese-German University (VGU).




*The sum is the net amount as the German Business Association will cover the PIT