알림
뒤로

2023 IMPACT CHALLENGE
AT SEA RESULT

2023 APPLICATION RESULT

The early-stage Vietnamese startups that applied to ICAS 2023 came from across the nation, with Ho Chi Minh City (36%), Hanoi (22%), and Da Nang (4%) being major hubs.

The proportions of each subsector among all applicants are as follows: The education/care sector accounted for the largest share, followed by energy, marketing, and waste/resource circulation. Information accessibility and food distribution also had significant representation, while mobility, content, and food production were well-represented. Air quality, healthcare, workforce management, and logistics/distribution each had notable participation. This diverse representation highlights the broad range of industries involved. The investment stages were well-distributed, ranging from pre-seed to Series A.

This diversity among the ICAS 2023 applicants, in terms of geography, sectors, and growth phases, reflects the dynamism and potential of Vietnam's burgeoning startup ecosystem, poised to drive regional innovation and economic development.

IR PITCHING DAY
HIGHLIGHT

Last year's Pitching Day event served as a collaborative platform for diverse stakeholders to come together and deepen their understanding of impact-driven businesses that address societal challenges. The event brought together impact startups, government agencies, domestic and international investors, large corporations, as well as for-profit and non-profit sectors.


By gathering these ecosystem players under one roof, Pitching Day facilitated the exchange of ideas and fostered a spirit of cooperation towards a common goal of creating positive social impact. Participants had the opportunity to network, share their perspectives, and explore synergies that could propel impactful solutions forward.


With the overarching themes of Green and Digital, the event culminated in the selection of the top two startups demonstrating the most promising innovations in these areas. Notably, Alterno, the first-place winner, garnered significant interest from investors, international organizations, and partners present at the event. Their groundbreaking sand battery technology, aimed at combating climate change, gained valuable support and resources to scale its impact globally.


The Pitching Day event underscored the power of collaboration within the impact ecosystem. By bringing together like-minded individuals and organizations, it laid the foundation for collective efforts to nurture and amplify solutions that can create a more sustainable and equitable world.


INTRODUCTION OF 2023
ICAS TOP 1~20 COMPANIES


TOP 1



Alterno develops sand batteries that can store power generated by renewable energy and deliver it as thermal energy, replacing fossil fuels in agricultural drying and home heating.


Impact

  • Alterno is reducing carbon
    emissions in Vietnam’s crop
    drying  sector by replacing
    fossil fuels with environmentally
    friendly processes using its
    sand battery-based thermal
    energy storage system.
  • Alterno enables Vietnamese
    farmers to efficiently dry their
    agricultural produce using sand
    batteries, leading to increased
    production output and higher
    incomes.
  • Alterno is planning solutions to
    address climate change by
    utilizing sand batteries, closely
    monitoring international green
    policies.



TOP 2



Viec.co develops a platform and software for field workers and companies, providing job matching, digital time attendance, automated payroll services, and more.


Impact

  • Viec.co creates decent work by
    enabling legitimate contracts,
    preventing employment fraud,
    and providing insurance services.
  • Moreover, Viec.co aims to
    provide  training courses and
    vocational education in the future
    for workers to empower the
    worker's ability and contribute
    to income increase.


TOP 3~10
TOP 11~20



Graphenel
Refining animal fats to efficiently mass produce graphene

CO-HOSTS
PARTNERS

SEE THE IMPACT,
SAIL TO INNOVATION


Impact Square Co., Ltd.

53, Seoul Forest-gil, Seongdong-gu, Seoul

Representative: Do Hyun-myung

120-87-60341