November 2, 2016

FAQ

Frequently Asked Questions

What is TECHFEST?
TECHFEST is one of the largest annual event for Vietnam’s startup community. The event is endorsed by the Ministry of Science and Technology co-organized together with many ministries, agencies and other startup ecosystem builders in Vietnam.

First organized in 2015, TECHFEST attracted great deal of attention with participation from over 50 local and international investors/VCs, 100 outstanding startups and subsequently, more than one million dollar in investment were made after the event. Following the success of last year’s event, TECHFEST is now back in 2016 with brand new scope, bigger and better than ever!

In partnership with the Government organizations, The Global Entrepreneurship Network (GEN), Vietnam – Finland Innovation Partnership Programme (IPP), TOPICA Founder Institute, Embassy of Israel in Vietnam, UP Co-working Space, Vietnam Startup Foundation (VSF), etc., TECHFEST 2016 will be the most anticipated event of the year for startup community.

TECHFEST 2016 offers a comprehensive program for entrepreneurs, technology experts and general attendees in the event. It will provide participants with a ticket to the young but dynamic and vibrant startup community with activities, workshops and discussion panel to bring out the most outstanding examples of Vietnam’s entrepreneurship.

Which activities are included in TECHFEST VIETNAM 2016?

Within 2 days of the event, a series of activities including booth exhibition, seminars/workshops, investment matching, job fair, Startup Discovery Competition and networking events are expected to draw attention from thousands of visitors.

What is Startup Discovery Competition and why should startups join?

This pitching competition is for participating startups be matched with potential investors, where representatives from startups can show their strength and persuade the judging panels to win valuable prizes as well as people’s hearts and minds. Presentation skill, business plan, teamwork, collaboration and vision will be evaluated and tested. The judging panel is selected from a pool of top international investors, mentors, trainers all over the world.

Criteria:

  • Innovative products/services
  • High-growth potential based on the application of intellectual property, technology and new business model.
  • Ability to demonstrate effective financial management.

Preliminary Pitching Round:

100 most potential startups will compete for 10 finalist positions in 5 fields: Education Technology; Agriculture/ Life Science; Financial technology/ E-commerce/ Mobile/ Management Technology; Games/ Entertainment/ Communications; and Future technology.
2 teams representing in each fields will be chosen to the next round.
Format: 2-min pitching, 1 min Q&A.

Final Pitching Round:

10 chosen startups with 8 proposed ones from VSV Accelerator Programme will pitch for the final winning prize.

Format: 5-min final pitch followed by 3-min Q&A.

Prize for winning team:
01 spot in H-Camp Vietnam 2017 (sponsored by Hebronstar Ventures)
Ticket to Vietnam Tech Conference 2017
Co-working space usage and accommodation in J-Space for 1 month (sponsored by The Jeju Center for Creative Economy & Innovation – JCCEI)
3 months intensive coaching for 2 startups (sponsored by KisStartup)
Mentoring program for 1 startup (sponsored by Vietnam Startup Foundation)
01 Premium Executive recruitment package (equivalent to 130.000.000 VND/package) and 09 Premium Basic package (equivalent to 47.000.000 VND/package) (sponsored by MyWork Vietnam)
Prize to go straight to VIISA Accelerator, chance to win 15.000 USD after the program (sponsored by VIISA)
…and more exciting award to be announced later

What do you need to know about the startups products & services exhibition?

Startups Products & Services Exhibition

100 potential startups and outstanding startup supporting organizations exhibit their products/services in the Exhibition area. This is an opportunity for startups to:
Display future prototypes, on-site demo and test product-market fit.
Increase brand awareness and visibility to customers.
Interact with potential customers, partners, local and international media channels.

Booth information details:

Standard booth: Height: 2.5m; Width: 2m; Depth: 1.5m
Backdrop size in standard booth: 2.5m x 2m
A booth consists of 1 table (1.5m) and 3 chairs.
Maximum 2 standees in each booth.(0.8m x 1.8m)
TV is not included in the booth. Booth exhibitors who want to rent a TV (fee: 500.000 VND/TV) should inform the service provider.

Note:
Backdrop image (size: 2.5m x 2m) should be sent to our email: techfestvietnam@gmail.com prior to 3th November for free printing.
Booth exhibitors prepare brochure and standee, following the specifications provided above.

What do you need to know about the Panel discussions & workshops?

– Tech trends on 5 technology fields: Education; Agriculture/ Life science; Financial technology/ E-commerce/ Mobile/ Management technology; Games/ Entertainment/ Communications; and Future technology.
– Developing startup ecosystem
– Lessons from abroad and experience in Vietnam.
Startup stories and startup venture building.

What do you need to know about the Investment matching session?

Unique chance to elevate your business and seek funding through pre-booked meeting with potential investors/VCs/angels.
More than 100 local and international investors/VCs are expected to join the event.

02 ways of Investment matching between investors and startups
1. Pre-booked meeting:
Basing on information provided by startups (pitch decks, industry, stage of development, etc.) and investors (investment requirement, agenda during the event), we will send an investment portfolio for investors and ask investors to choose an available time to meet up with startups in a fixed speed-dating session (during 15-20 minutes in the Investment matching rooms).

2. Book in the event:
While listening to pitching session in the Preliminary Pitching Round of Startup Discovery Competition, if investors have interest in any startups, they can fill a form to be in the waiting list and meet startups at the event.

Furthermore, investors and potential startups can also have a chance to meet up in the networking party held on 12th November.

How do you recruit talents in TECHFEST Vietnam 2016

Connecting startups with about 200 potential recruit candidates.
We will launch an online social recruitment platform (startup.mywork.com.vn) empowered by MyWork Vietnam that brings about the following benefits for startups registering in the Job Fair to find potential recruit:
Free job posting
Job description posted in this platform are synchronized in the website mywork.com.vn so that recruiters can have access to about 3 million potential candidates in the whole country.
A tool for connecting and sharing between players within Vietnam’s startup ecosystem.
Receiving notifications and emails informing events and information related to startups while following the site.

For candidates: they can choose between 2 options
Option 1:
Create an account and recruitment profile in startup.mywork.com.vn.
Job searching and apply.
Option 2:
Bring your CVs to directly apply for the desired job at the event.
Get advices from recruitment expert from MyWork Vietnam.
Meet recruiters in their Booth area.

Note: Startup.mywork.com.vn enables Startups to connect with potential candidates not only in Hanoi but also in other locations. You can also meet them in person at the event.