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- METI Holds the Inno Vietnam-Japan Fast Track Pitch Event 2024 in Hanoi to Accelerate Global Open Innovation of Japanese Companies/Startups/SMEs
METI Holds the Inno Vietnam-Japan Fast Track Pitch Event 2024 in Hanoi to Accelerate Global Open Innovation of Japanese Companies/Startups/SMEs
October 8, 2024
The Ministry of Economy, Trade and Industry (METI) and the Japan External Trade Organization (JETRO), together with co-organizers including the Ministry of Planning and Investment and the Vietnam National Innovation Center, held the Inno Vietnam-Japan Fast Track Pitch Event 2024 in Hanoi to accelerate global open innovation of Japanese companies, startups, and SMEs.
1. Overview
METI and JETRO, together with co-organizers including the Ministry of Planning and Investment (MPI) and the Vietnam National Innovation Center (NIC), held the Inno Vietnam-Japan Fast Track Pitch Event 2024 in Hanoi on October 3.In front of about 180 participants, 15 finalists from Japan, Vietnam, and other countries presented their proposals on the open innovation challenges provided by the six challenge owners.
Prior to the presentations, Mr. ITO Naoki, Ambassador of Japan to Vietnam and Mr. Vu Quoc Huy, Director of NIC, gave the opening remarks, stressing the importance of strengthening cooperation for the creation of innovation between the two countries.
2. Pitch session by the finalists
During the application period, about 55 proposals from all over the world were submitted to the challenges provided by the six challenge owner companies from Japan and Vietnam. From among these, 15 finalists selected by the challenge owners presented their proposals.Each challenge owner selected their own best proposal, and the best presentation of the entire event was also awarded.
Please refer to JETRO’s special website for the detailed challenge statements and finalists.
3. Schedule of future events
The next round of the Fast Track Pitch Event will take place in Jakarta, Indonesia. Applications to the challenges by the six challenge owner companies will be open until October 27, 2024.
(Application Deadline: October 27, 2024)
(Reference) About the Past Event
4. (Reference) About the ASEAN-Japan Co-Creation Fast Track Initiative
Taking the opportunity of the 50th anniversary of ASEAN-Japan friendship and cooperation in 2023, METI and JETRO launched the ASEAN-Japan Co-Creation Fast Track Initiative to support the creation of open innovation through collaborations among startups, SMEs, and large corporations from both ASEAN and Japan. This initiative proposes a new format of cooperation with ASEAN countries to create new innovations.
Under the ASEAN-Japan Co-Creation Fast Track Initiative, startups and SMEs from ASEAN and Japan will have the opportunity to (1) receive support not only from Japanese organizations such as JETRO, but also from the government agencies of ASEAN countries, and (2) access not only large Japanese corporations but also a wide range of innovation ecosystems, including global companies based in ASEAN.
Moreover, finalists will receive additional points in the selection process in grants programs, including the Future Co-Creation Projects in the Global South Program, to support their proofs of concepts. Please refer to the website (Only Japanese is available) for more details.
Moreover, finalists will receive additional points in the selection process in grants programs, including the Future Co-Creation Projects in the Global South Program, to support their proofs of concepts. Please refer to the website (Only Japanese is available) for more details.
Division in Charge
Asia and Pacific Division, Trade Policy Bureau