OUR ANNUAL COMPETITION FOR YOUNG ENTREPRENEURS
THE GBA BUSINESS CHALLENGE 3rd EDITION IS NOW OPEN FOR APPLICATION
Initiated 2020 by the German Business Association (GBA), the GBA Business Challenge has become a good chance for Vietnamese students and young entrepreneurs. With the desire of continuing to empower the young Vietnamese startup community, the GBA in Vietnam has officially launched the 3rd Edition of the GBA Business Challenge 2022.
The first two editions of the GBA Business Challenge have been great successes when receiving over 100 ideas of diverse business ideas. In addition to the award of financial support of VND240 million, the highlights of the GBA Business Challenge lie in the training and coaching program for the teams with the most convincing ideas. This program is offered to the Top Teams along with the competition. The finalists will enjoy a follow-up coaching program for 12 months after the competition ends. The coaching program is carried out by experienced professors of the Vietnamese-Germany University (VGU), The German Academy Exchange Agency (DAAD) and the GBA.
A jury consisting of 15 members, who are leaders and experts from within the GBA business community will evaluate the submitted business idea. This companionship reflects the enthusiasm and commitment of the GBA and its volunteer members to make sure that all business ideas are evaluated and selected fairly; the capacities and skills of the Top 20 are enhanced so that they are ready to build and manage a successful start-up.
This year competition business idea criteria are:
- Positive social and environmental impact
- Realistic & Growth Potential
- Not yet on the market
- Can be realized within 1 year
- Application and presentation in English
- Open for participants over 18 – 35 years old
- Team effort is required (at least 2 members)
- Business idea from Vietnam
More information and progress updates will be regularly updated on the official Facebook fan page of the GBA Business Challenge 2022.
Application Deadline: 11.59 PM | Sunday, 14 August 2022
Contact Details: Email businesschallenge@gba-vietnam.org
