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New Venture Challenge

Empowering Vietnam's Innovators!

Organizers

Organizers

The New Venture Challenge (NVC), Vietnam's #1 startup accelerator, empowers early-stage entrepreneurs with unmatched opportunities to go global from day one. We believe in your potential, offering $2.5K to $30K in pure grants—no equity taken—and expert mentorship to turn your vision into reality. Join the NVC program, where up to 30 ambitious winners embark on an 8-week journey to transform their dreams into world-changing achievements.

About Ethos Fund

Leaders in Bridging Vietnam Innovation with the World

Ethos Fund (“Ethos”) was founded by serial entrepreneurs who believe that founders and venture capitalists don’t need to compromise to build transformative companies. We prove that growth is better, faster, and more enjoyable when startups and investors embrace authenticity and share the same ethos.

About MYSC

MYSC creates social innovation through business as a partner of all organizations that seek to combat social problems.

The "Merry Year" mentioned in the MYSC (Merry Year Social Company) mission refers to a world where social polarization is resolved and everyone lives like a human being. MYSC contributes to the jubilee that everyone will enjoy. We are in-house entrepreneurs who help entrepreneurs, and we work together to make a better world.

About Glean

Glean Vietnam was established with a clear mission: to support and foster ventures that align with sustainable development goals.

Glean plays an instrumental role in shaping a future where economic prosperity is coupled with social equity and environmental preservation, driving a lasting, positive impact for both current and future generations.

Mentors and Speakers

Mentors and Speakers

At New Venture Challenge, expert mentors from leading organizations and world-class institutions will guide you through every stage of your startup journey, providing invaluable insights to help you grow and scale.

NVC has two goals:

NVC has
two goals:

01

To empower, educate, and improve the startup ecosystem in Vietnam

01

To empower, educate, and improve the startup ecosystem in Vietnam

01

To empower, educate, and improve the startup ecosystem in Vietnam

02

To foster and invest in global minded founders "earlier than early"

02

To foster and invest in global minded founders "earlier than early"

02

To foster and invest in global minded founders "earlier than early"

Why NVC Stands Out

NVC's goal is to help startups truly take off, no matter their stage. Some arrive with just an idea, while others have been operating for a year or more. Regardless of where they start, our mission is to ensure they leave in dramatically better shape within 8 weeks.

Pure Grant

$2.5K to $30K grant in exchange for Zero Equity Stake!

Pure Grant

$2.5K to $30K grant in exchange for Zero Equity Stake!

Pure Grant

$2.5K to $30K grant in exchange for Zero Equity Stake!

Pre-Demo Weeks & Demo Day

200+ Global Investors & Mentors Ready to Invest.

Pre-Demo Weeks & Demo Day

200+ Global Investors & Mentors Ready to Invest.

Pre-Demo Weeks & Demo Day

200+ Global Investors & Mentors Ready to Invest.

Mentors & Speakers

50+ seasoned entrepreneurs and investors

Mentors & Speakers

50+ seasoned entrepreneurs and investors

Mentors & Speakers

50+ seasoned entrepreneurs and investors

+84 Bootcamp

World's best open-source resources for Vietnamese startups

+84 Bootcamp

World's best open-source resources for Vietnamese startups

+84 Bootcamp

World's best open-source resources for Vietnamese startups

Competition Timeline

NVC, the most comprehensive startup challenge and accelerator in Vietnam, features 8 weeks of hybrid (online + offline) meetings, super immersive in-person mentorship, peer-to-peer learning, $2.5K to $30K in non-dilutive grant money, pre-demo weeks, and a demo day with 200+ investors.

2024 December 1

3 weeks online

Participants are invited to a 3-week online program (Dec 1 – Dec 22, 2024) focused on building a strong 'global from day one' foundation.

2024 December 1

3 weeks online

Participants are invited to a 3-week online program (Dec 1 – Dec 22, 2024) focused on building a strong 'global from day one' foundation.

2025 Jan 6

2 weeks on-campus

All startups will fly to Ho Chi Minh City to participate in a 2-week on-campus bootcamp, where they will eat, drink, sleep, work, and build together.

2025 Jan 6

2 weeks on-campus

All startups will fly to Ho Chi Minh City to participate in a 2-week on-campus bootcamp, where they will eat, drink, sleep, work, and build together.

2025 Feb 7

Pre-Demo Weeks &
Demo Day

Startups will spend 3 weeks connecting with every major VC interested in Vietnamese startups and preparing for Demo Day (200+ investors)

2025 Feb 7

Pre-Demo Weeks &
Demo Day

Startups will spend 3 weeks connecting with every major VC interested in Vietnamese startups and preparing for Demo Day (200+ investors)

Due Dates

2024 Nov 20

Founders submit their information and ideas via online application by Nov 20.

Organizers will interview and select up to 30 founders as 'winners.' We operate on a rolling admissions basis, meaning it's first-come, first-served—so it's better to apply early rather than wait until the last minute.

Winners receive:

Series of online + offline Weekend Workshops hosted by MYSC, Glean and Ethos Fund

Each grant amount: $2.5K to $30K

Note: Attendance to all NVC sessions (online and offline) is a mandatory prerequisite for receiving grant money.

Due Dates

2024 Nov 20

Founders submit their information and ideas via online application by Nov 20.

Organizers will interview and select up to 30 founders as 'winners.' We operate on a rolling admissions basis, meaning it's first-come, first-served—so it's better to apply early rather than wait until the last minute.

Winners receive:

Series of online + offline Weekend Workshops hosted by MYSC, Glean and Ethos Fund

Each grant amount: $2.5K to $30K

Note: Attendance to all NVC sessions (online and offline) is a mandatory prerequisite for receiving grant money.

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Vietnam innovators can (and will!) shape the future of the world. We are focused on amplifying founders who can (and will!) do exactly that!

Ethos Fund

Vietnam innovators can (and will!) shape the future of the world. We are focused on amplifying founders who can (and will!) do exactly that!

Ethos Fund

Vietnam innovators can (and will!) shape the future of the world. We are focused on amplifying founders who can (and will!) do exactly that!

Ethos Fund

Walk the talk! Impact driven founders don't just talk, they walk, act, and execute!

MYSC

Walk the talk! Impact driven founders don't just talk, they walk, act, and execute!

MYSC

Walk the talk! Impact driven founders don't just talk, they walk, act, and execute!

MYSC

Let's shape the future
of the world!

Let's shape the future of the world!

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