HULT PRIZE SEA GENERAL REPORT - 2020 2021 Prepared by: MR. HIEU NGOC DOAN - Social Impact ...
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HULT PRIZE SEA GENERAL REPORT 2020 - 2021 Prepared by: MR. HIEU NGOC DOAN PROGRAM DIRECTOR Translated by: MS. THANH LAN NGUYEN TRAN – HR & Admin Head
GENERAL REPORT 06/25/2021
TABLE OF CONTENTS
LETTER FROM HULT PRIZE VIETNAM 3
HULT PRIZE FOUNDATION INTRODUCTION 4
HULT PRIZE SOUTHEAST ASIA (SEA) INTRODUCTION 5
PROGRAM TIMELINE OF HULT PRIZE SOUTHEAST ASIA 2020 - 2021 7
1. HULT PRIZE SOUTHEAST ASIA PRESS CONFERENCE 2020 – 2021 (OFFLINE)10
2. ON CAMPUS (ELIMINATION ROUND - OFFLINE) 13
3. TRAINING PROGRAM REGIONAL LEVEL (OFFLINE & LIVE-STREAM) 16
4. HULT PRIZE SOUTHEAST ASIA 2020 - 2021 19
A- ORIENTATION (ONLINE & OFFLINE) 19
B- SEMI-FINAL ROUND (ONLINE & OFFLINE) 20
C- FINAL ROUND (ONLINE & OFFLINE) 22
IMPACT REPORT 2020 - 2021 26
FINANCIAL REPORT 2020 - 2021 30
SDGs is the roadmap and guide to tackling the challenges for the 21st
century, for the people, and for the planet. HULT PRIZE provides the
powerful examples on how we should all arising to these challenges.
Robert Skinner – Executive Director of United Nations (Office for Partnership)
pg. 2
GENERAL REPORT 06/25/2021
LETTER FROM HULT PRIZE VIETNAM
- According to the Enterprise Law, The National Assembly of the
Socialist Republic of Vietnam promulgated on June 17, 2020
specifically stipulates the model of “Social enterprise” in Article 10.
- According to Decree 96/2015/ND-CP Prime Minister of Vietnam
issued on October 19, 2015 on the development of Social Enterprises.
- According to Decision 844/QD-TTg of the Prime Minister issued on May
18, 2016 on the approval of the project "Supporting the national
innovation startup ecosystem to 2025".
- According to Resolution 136/NQ-CP issued by the Government of
Vietnam on September 25, 2020 on sustainable development to
drastically implement the 17 Sustainable Development Goals adopted
by the United Nations Summit in September 2015.
Up until now, social projects in Vietnam has strived to solve social problems with more sustainable
economic solutions. Many start-ups have been incubated and become enterprises of great value
and international stature. In particular, Vietnam has fundamentally achieved many milestones on
the journey to become one of the leading countries accomplishing the most of the 17 Sustainable
Development Goals by the United Nations.
After 5 years of operation in Ho Chi Minh City from 2013, Hult Prize Vietnam has been supported
by local governments across the country in 2018 to expand to the Southeast Asia region, providing
a training platform to develop and promote young entrepreneurs to solve social problems. Today,
Hult Prize in Vietnam has developed thousands of young professionals, youth leaders, and young
entrepreneurs to tackle the hot issues in key economic and social areas of Vietnam. Therefore, in
August 2020, the People's Committee of Ho Chi Minh City pioneered the issuance of Plan 2934 on
promoting the development of social enterprises 2020 - 2025. During the COVID-19 pandemic, Hult
Prize Vietnam has overcome many obstacles and continued to guide the country youth towards
finding solutions to urgent social issues.
Through the honorable achievements of Hult Prize Vietnam and the Government's special attention
to the socially responsible startup movement, we continue to seek more support from government
offices at all levels to further develop an extensive nationwide Hult Prize program in Vietnam. We
hope that this 2020-2021 Hult Prize Southeast Asia General Report will honor the latest
achievements that individuals, organizations and businesses have supported. This report will also
document the difficulties, challenges and shortcomings of Hult Prize Vietnam to provide a lesson for
future implementation of the contest.
HO QUANG HUNG, MBA
Director of Hult Prize Southeast Asia
Nd.vn@hultprizevn.com
pg. 3
GENERAL REPORT 06/25/2021
HULT PRIZE FOUNDATION INTRODUCTION
The Hult Prize Foundation is a non-profit organization, sponsored by
former US President Bill Clinton and the United Nations, that kickstarted
the wave of social entrepreneurship around the world. Through the
entrepreneurship competition focusing on social issues at a global scale,
Hult Prize encourages the entrepreneurial young minds to create
solutions to the greatest challenges of our planet and transform those
solutions into sustainable social businesses
Hult Prize, also known as "the Nobel Prize for student entrepreneurs"
with prizes of up to $ 1,000,000 awarded to the champion every year.
Hult Prize Foundation has expanded its operation to 50 regions around the world.
Each region program is hosted at a major city in the 121 countries where Hult Prize
is present. The competition’s presence at more than 3,000 universities globally
emphasizes its role in leading the young generation on a journey to change the
world through sustainable social goals.
Map & Timeline of 50 Hult Prize Regions around the world
pg. 4
GENERAL REPORT 06/25/2021
HULT PRIZE SOUTHEAST ASIA (SEA) INTRODUCTION
Hult Prize came to Vietnam in 2013 and
expanded into Hult Prize Southeast Asia
(Hult Prize SEA) in 2018.
This year, Hult Prize SEA continues the honor to be one of the 50 regions in the world hosting the
regional program in Vietnam. We constantly strives to lead the young generation in Vietnam and
other coutries in South East Asia to change the world. We are proud to have created significant
social projects which have solved many urgent social problems. In Vietnam, we inspire the social
entrepreneurial spirit to young generations and become the launch pad to propel Vietnamese talents
onto the international arena.
MISSION
We challenge young minds to create solutions to problems that Vietnam and the world are
facing through a entrepreneurship contest and training programs in order to assist young
people turning their ideas into successful businesses that create social values for the lives
of millions of people, contributing to changing the world in accordance with the United
Nations' "17 Millennium Goals".
VISION
Following the success during the past 8 years, in the period of 2021 - 2030, Hult Prize SEA will
continue to expand the program throughout Vietnam and other countries in Southeast Asia, making
Hult Prize a program that is known to all students and inspires them to build a better world not only
while participating in the competition but throughout their life journeys.
For the first time, the Ministry of Science and Technology has made the
Hult Prize in Vietnam an official part of Vietnam's startup ecosystem.
pg. 5
GENERAL REPORT 06/25/2021
With the theme "Food for Good" announced by former US President Bill Clinton in September 2020,
Hult Prize returns to the core of mankind - food. We challenge teams around the world to transform
food from a basic survival necessity into a vehicle of innovation and prosperity for all of humanity by
creating food businesses with the ability to impact on the lives of 10 million people over the
next decade while strengthening communities, improving outcomes, tackling hunger and
creating jobs.
The topic focuses on 7 out of 17 sustainable development goals proposed by the United Nations:
1. No Poverty
2. Zero Hunger
3. Good Health and Well-being
8. Decent Work and Economic Growth
9. Industry, Innovation and Infrastructure
10. Reduced Inequality
12. Responsible Consumption and Production
pg. 6
GENERAL REPORT 06/25/2021
HULT PRIZE SOUTHEAST ASIAN PROGRAM TIMELINE 2020 - 2021
Hult Prize Southeast Asia has organized 4 key programs in the period of 2020-2021, starting with
the Press Conference on October 29, 2020 to the Southeast Asia Finals on April 11, 2021. Under
the pressure of COVID-19 pandemic, we utilized the experiences from 2020 to flexibly organize both
offline and online activities for this year's program. Committed to our vision and mission, Hult Prize
Southeast Asia overcame many obstacles to provide young people with great opportunities to
become young leaders and experts in the food sector.
pg. 7
GENERAL REPORT 06/25/2021
In terms of personnel, the Organizing Committee of Hult Prize Southeast Asia 2020 - 2021 includes:
1. Mr. Ho Quang Hung – Regional Director Hult Prize Southeast Asian.
2. Mr. Lance Ma - Director of Public Relations.
3. Ms. Huynh Ngoc Dieu Ngan – Director of Press Media.
4. Ms. Nguyen Ngoc Linh Giang – Project Manager (student at TDTU).
5. Ms. Nguyen Thi Tra My – Head of Marketing (student at FTU – HCM).
6. Ms. Tran Nguyen Lan Thanh – Head of HR & Admin (student at ISB - UEH).
7. Ms. Le Hoang Viet An – Head of Finance (student at ISB - UEH).
Together with 27 young volunteers and their tireless contribution to the program implementation.
Furthermore, Hult Prize Foundation has also worked closely and provide much needed support in
organizing the program with a team of international leaders and experts (See Organization Chart).
ORGANIZATIONAL CHART - HULT PRIZE SOUTHEAST ASIA 2020-2021
LIST OF MEMBERS IN THE 2020 - 2021 COMMITTEE
# FULL NAME DEPARTMENT POSITION
VOLUNTEER
1 Ms. Nguyen Thien Nga Human Resource Member
(student at TPHCM)
2 Ms. Nguyen Thi Thanh Truc Human Resource Member
(student at TPHCM)
3 Ms. Nguyen Duong Thu Huong Admin Member
(student at ULAW)
4 Ms. Ta Thi Kim Ngan Media Relation Member
(student at USSH)
pg. 8
GENERAL REPORT 06/25/2021
5 Ms. Vu Ngo Dan Nhi Media Relation Member
(student at TPHCM)
6 Mr. Nguyen Hoang Khang Marketing Member
(student at UFM)
7 Ms. Tran Ngoc Van Marketing Member
(student at FTU HCM)
8 Mr. Ha Nguyen Tien Long Marketing Member
(student at Hoa Sen)
9 Ms. Nguyen Quy Nguyet Que Marketing Member
(student at Van Lang)
10 Mr. Truong Dinh Phu Marketing Member
(student at FPT TPHCM)
11 Ms. Tran Thao Nguyen Event organizer Member
(student at UEL)
12 Ms. Nguyen Le Hoang Thanh Event organizer Member
(student at FTU HCM)
13 Mr. Pham Gia Thinh Event organizer Member
(student at FTU HCM)
14 Mr. Pham Hung Thinh Event organizer Member
(student at FTU HCM)
15 Mr. Le Doan Dong Dua Event organizer Member
(student at FTU HCM)
16 Mr. Do Thanh Tuan Event organizer Member
(student at FTU HCM)
17 Mr. Vo Anh Khoi Event organizer Member
(student at GreenWich Vietnam)
18 Mr. Pham Le Quynh Hoa Event organizer Member
(student at BUH)
19 Ms. Tran Anh Thu Event organizer Member
(student at TDTU)
20 Ms. Dao Minh Thao Vy Event organizer Member
(student at ISB - UEH)
21 Mr. Le Quoc Bao Event organizer Member
(student at FPT TPHCM)
22 Mr. Le Hoang Tuan Kiet Event organizer Member
(student at FTU HCM)
23 Mr. Trinh Gia Khanh Event organizer Member
(student at FTU HCM)
24 Ms. Nguyen Truc Lam Event organizer Member
(student at FTU HCM)
25 Mrs Nguyen Khanh Nhung Event organizer Member
(student at ISB - UEH)
26 Mr. Le Tuan Lam Information Technology Member
(student at FTU HCM)
27 Mr. Pham Huu Duy Information Technology Member
(student at FTU HCM)
pg. 9
GENERAL REPORT 06/25/2021
1. HULT PRIZE SOUTHEAST ASIA 2020 – 2021 PRESS CONFERENCE (OFFLINE)
This is an annual event of Hult Prize Southeast Asia held in October
every year to spread the entrepreneurial spirit. The event is the first
step for the young people on their journeys to become leaders and
change themselves as well as change the world.
The Press Conference event was held from 14:00 to 16:30 on
October 29, 2020, at Ho Chi Minh City Youth Cultural House, No.
4 Pham Ngoc Thach, Ben Nghe, District 1 with the attendance of
more than 150 guests including:
● Government representative: 10 guests ● Association: 50
● Guest businessman: 20 guests guests
● Press Media: 20 guest ● Student: 50
guests
During the press conference, Hult Prize Vietnam reported the
performance results of 2019 - 2020 to government departments and announced the contest theme
for 2021 - "Food for good" through cooperation with the Government by Cooperation of the Ministry
of Agriculture and Rural Development, Project 844 – Innovation Startup of the Ministry of Science
and Technology. The program Steering Committee includes:
1. Vietnam Youth Union in Ho Chi Minh City.
2. Department of Science and Technology of Ho Chi Minh City.
3. Ho Chi Minh City High-Tech Business Incubator.
4. District 3 People's Committee (Economic Division).
In addition, a seminar on "Transforming food into a vehicle for
change" was organized to suggest and direct students to better
understand the importance of the topic. Guest speakers are
esteem experts including:
❖ Mrs. Pham Thi Thao Linh – Vice President of Vietnam
Youth Union Ho Chi Minh City.
❖ Assoc. Prof.Dr. Dam Sao Mai – Former Director of the
Institute of Food and Biotechnology, currently the Head of the
Department of Science Management and International
Cooperation, Industrial University of Ho Chi Minh City.
❖ Mr. Nguyen Tuan Khoi - Director of Food Network
JSC.Director of Food Network JSC.
❖ Mrs. Thai Van Linh - Member of the Professional Council
for Hult Prize Southeast Asia.
pg. 10GENERAL REPORT 06/25/2021
With the moderators:
❖ Mrs. Nguyen Hoang Anh - Director of Rich's Vietnam Health Research and Application
Institute, Vice President of Chef Club of Vietnam Record Organization.
❖ Mr. Tran Van Phat – General Secretary of the Business Association in District 3 - Ho Chi
Minh City, General Director of Robot Corp.
This year's press conference was highly effective in terms of exposure with the participation of many
successful experts and entrepreneurs such as:
❖ Mr. Ngo Minh Hai - Deputy Secretary of Ho Chi Minh City Association, Chairman of
Vietnam Youth Union of Ho Chi Minh City.
❖ Mrs. Phan Thuy Ly - Deputy Director of Ho Chi Minh City High-Tech Business Incubator.
❖ Mr. Nguyen Phuong Nam - Head of Economic Division, District 3 People's Committee, Ho
Chi Minh City.
❖ Ms. Truong Thanh Thanh - President of Hope Foundation.
❖ Mr. Kao Sieu Luc - Vice Chairman of Ho Chi Minh City Food Association, Chairman of
ABC Confectionery Company.
RESULTS OF THE PRESS CONFERENCE: With the support of the Steering Committee and the
cooperation of the Ministry of Agriculture - Rural Development and the Ministry of Science -
Technology, the event together with the press agencies have sent out an alarming message about
Vietnamese Food issue including 11 key points:
1. Food safety and hygiene.
2. Good yield low value - Good value bad yield.
3. Export of low-value-added food, import of high-value food
(Import-export deficit).
4. Raw production and processing, with no added value
5. Low-nutrition content food
6. Unsustainable national agricultural and food planning
7. Technology and applications of 4.0 are still backward in food
production and processing.
8. Low level of general knowledge among farmers.
9. Climate change.
10. Land and water resources security .
11. Disease.
In particular, The FACE Magazine under Van Nghe Newspaper sponsored and designed a
collection of illustrations for 11 issues of Vietnam's agriculture and food industry for communication
purposes.
pg. 11GENERAL REPORT 06/25/2021
The influence of the speakers present at the press conference also contributed to spreading the
Hult Prize spirit to not only the students but also entrepreneurs and people with a deep interest in
society and education. Moreover, in terms of media, the number of reporters attending and the
articles reported also achieved good coverage with nearly 100 news agencies reporting the event
including online newspapers (VNExpress, Dan Tri, Zing, ....) and television stations (VTC, FBNC,
VTV, HTV...). As a result , 28 universities nationwide registered to organize the On Campus
programs accounting for nearly 650,000 students
Compared to previous years, this year's Press Conference is professionally organized and has
achieved greater social impact. Although the COVID-19 epidemic has scattered social resources,
the Press Conference has gathered a great deal of attention from young people and inspire their
participation in solving the alarming problem of Vietnam agriculture industry.
Pictures of Press Conference Event - Hult Prize Southeast Asian 2020 – 2021
at Ho Chi Minh City Youth Culture House
October 29, 2020
pg. 12GENERAL REPORT 06/25/2021
2. ON CAMPUS (ELIMINATION ROUND - OFFLINE)
On Campus is the core program of Hult Prize Foundation for the students studying at
universities planning to host the on campus Hult Prize competition from September to
December every year.
Through student registration and screening process by Hult Prize Southeast Asia and Hult Prize
Foundation, the best students at each school will be selected to take on the role of Campus
Director - Head of the organizing committee to conduct the competition for the teams at their
schools. If Hult Prize teams are enthusiastic young people with bold ideas to change the world,
the Campus Directors will be the catalyst for change to create a platform where the teams can
freely explore their ideas. The Campus Director will be the one to spread the Hult Prize spirit to
their fellow students in order to find the best team representing their schools at the Accelerator
Program, the semi-finals and finals of the Hult Prize in Southeast Asia.
With the theme "Food for good - Transforming food into a vehicle for change", this year's
On Campus program attracted 28 universities to register hosting the competition. Out of them,
19 schools completed excellently and got the wining team representing their schools to
participate in the semi-finals and finals in April 2021. The participating schools are still mainly
from big cities such as Ho Chi Minh City, Hanoi, and Da Nang. This year, there is also the
participation of new areas such as Tra Vinh University in Tra Vinh province.
# UNIVERSITY AREA CAMPUS DIRECTOR
1 Foreign Trade University Ho Chi Minh City Le Doan Dong Dua
2 The Saigon International University Ho Chi Minh City Ngo Bao Ngoc
3 Ho Chi Minh University of Food Industry Ho Chi Minh City Tran Quoc Cuong
4 Fulbright University Ho Chi Minh City Le Dong Vu Phuong
5 RMIT Ho Chi MInh City Ho Chi Minh City Duy Anh
6 University of Technology and Education Ho Chi Minh City Nguyen Dang Phu Man
7 Van Lang University Ho Chi Minh City Nguyen Thi Quynh Nhu
8 University of Social Sciences and Ho Chi Minh City Tran Gia My
Humanities – Vietnam National University
Ho Chi Minh City
9 Ho Chi Minh University of Education Ho Chi Minh City Le Ngoc Hanh Dung
10 Ho Chi Minh Open University Ho Chi Minh City Lam Thi Anh Thu
11 University of Labour and Social Affairs II Ho Chi Minh City Duong Thi Ha
12 FPT Ho Chi Minh Ho Chi Minh City Dao Quang Thu
13 Ton Duc Thang University Ho Chi Minh City Ngo Quoc Vinh
14 Academy Of Policy And Development Ha Noi Nguyen Thi Nhat Lan
pg. 13GENERAL REPORT 06/25/2021
15 British University VietNam Ha Noi Nguyen Phuong Anh
16 National Economics University Ha Noi Dinh Hoang Hong Son
17 Hanoi Law University Ha Noi Nguyen Tuong Van
18 Da Nang University of Medical Da Nang Duong Khai Minh
Technology and Pharmacy
19 Duy Tan University Da Nang Nguyen Huu Nhi
20 The University of Da Nang - University of Da Nang Nguyen Phuong Kieu
Technology
21 University of Foreign Language Studies - Da Nang Le Thi Thanh Duyen
The University of Da Nang
22 University of Economics - The University Da Nang Nguyen Hoang Diem Quyen
of Danang
23 Dong A University Da Nang Le Dinh Luong
24 Pegasus international college - Da Nang Da Nang David Khadka
25 Thu Dau Mot University Binh Duong Ha Man Quan
26 Eastern International University Binh Duong Ly Nhi
27 Can Tho University Can Tho Nguyen Phuong Trinh
28 Tra Vinh University Tra Vinh Nguyen Thi Tieu My
ON-CAMPUS RESULTS: The On-Campus Hult Prize Southeast Asia 2020/2021 took place
successfully at 19 out of 28 participating universities in Vietnam. There were more than 450
teams with thousands of Food problem-solving startup ideas. In the end, the universities
selected 19 excellent teams to go through the focused training program in March 2021 (via the
online and offline sessions in Ho Chi Minh City) before the Southeast Asia Regional Finals in
April 2021 at Ho Chi Minh City Youth Cultural House.
For the first time, there were an addition of 16 more second and third place teams at 19 On-
Campus to participate in the Regional Hult Prize Finals in Southeast Asia 2020 – 2021. As a
result, a total of 35 Vietnamese teams with nearly 140 young minds enter the next round.
pg. 14GENERAL REPORT 06/25/2021
On the other hand, 9 out of 28 universities did not complete the On Campus program and
applied for withdrawal or were eliminated. Main reasons includes concerns about
complicated developments of COVID-19, not finding a suitable Campus Director, as well as
concerns about schools' image and reputation when there is not enough funding to organize
the On Campus program at the schools efficiently.
Some pictures at 19/28 On Campus nationwide
pg. 15GENERAL REPORT 06/25/2021
3. TRAINING PROGRAM REGIONAL LEVEL (OFFLINE & LIVE-STREAM)
To prepare Hult Prize contestants for the
regional rounds, the Organizing
Committee has set up intensive training
sessions on necessary business skills in
March 2021 for the best teams from each
school. Training sessions led by CEOs
and experts help impart knowledge,
practical experiences to train and inspire
all teams. Training sessions take place
from March 6 to March 28, 2021, on two
Saturdays and Sundays at Saigon
Innovation Hub (273 Dien Bien Phu,
Ward 7, District 3, HCMC) and Investment
and Trade Promotion Centre HCMC
(ITPC – 92 Nguyen Hue, Ward Ben Nghe,
District 1, HCMC) with 4 main topics:
● Week 1 started with the theme
“The Perfect Pitch” led by Ms. Nguyen Hong Ngoc Bich (Bicky Nguyen), co-founder of
Cricket One and winner of many awards such as Blue Venture Award 2020, Dutch
Innovation Award 2019, VietChallenge 2020. With experience in pitching at many
domestic and international startup competitions, she has shared practical methods to
build excellent and impressive presentations with the audience.
● The second week continued with the topic "Intellectual Property and Legal” by Mr.
Chu Manh Quan, a Law expert at IP Group.. Through this training, the teams will learn
how to protect their ideas and products against the competitors, which will help not only
in the next rounds but also in their future projects once their ideas fully materialize.
● Week 3 with the sharing from Mr. Nguyen Hoa Chung, Investment Director of Thien Viet
Securities Company, will guide the students on implementation of "Financial Plan" in
the most efficient way. His training session took place in a lively atmosphere when a
series of questions and on-site exercises were given, which made students work, think
and come up with solutions together.
● Week 4 ended with one of the topics most relevant to startups, "Digital marketing" by
Mr. Nguyen Hai Minh, CEO of Wisdom Agency and Sales Director of Digit Matter. With
ten years of experience in the media marketing industry and deep expertise in digital
technology, he has imparted his experience to the teams on how to effectively execute
a marketing campaign for a startup and the best method to capture potential customers.
pg. 16GENERAL REPORT 06/25/2021
In addition to training activities, Hult Prize SEA also organizes online and offline
presentation competitions with a 6-minute presentation and 4-minute question-answer format
so that the teams have the opportunity to practice in advance for the regional round. At the
same time, this further helps the teams put into practice the things they have learnt during the
training sessions. The competition was honored to
welcome successful experts to participate as judges
including:
❖ Mr. Ho Quang Hung – Regional Director Hult
Prize Southeast Asian.
❖ Mr. Lance Ma – Director of Public Relation Hult
Prize Southeast Asian.
❖ Mr. Andy Hoang Tran – Vice President of Viet
Thai Quan Honda.
❖ Mrs. Do Hong Trang – Development Manager Alley 51.
❖ Mrs Selena Le - Program Director No Waste Vietnam.
❖ Mrs. Gwen Cheylan - CEO TheQi.
❖ Mr. Nguyen Chi Thanh - Founder & CEO Mplify Events (Former Chief of Staff KPMG
Vietnam & Cambodia).
❖ Mrs. Ho Thu - Investment expert Venture Reapra Fund.
❖ Mrs. Nguyen Vy - Country Manager of InfoFabrica.
❖ Mr. Tran Edwards - Senior Business Manager of Brandmaker Consultancy.
The program received a lot of enthusiastic support from the speakers. The cost of all training
sessions is fully sponsored and the trainers proceed to act as advisors to further improve the
teams' ideas.
TRAINING RESULTS: After a month of training, all the representative teams from 19
universities nationwide are equipped with essential knowledge and skills to provide them a big
pg. 17GENERAL REPORT 06/25/2021
confidence boost to go further in the next round. The two teams that made the best impressions
in weekly presentations were Lizi and Laurel, always evenly matched. This training course
not only added knowledge but also a fresh start for the long journey ahead for these
young potential entrepreneurs, a source of motivation for them to keep learning and
develop.
Compared to previous years, the Training Program 2020-2021 was more in-depth on
entrepreneurship skills. The number of successfully trained young people is increasing and the
quality of start-up projects is more polished. In 2019-2020, Hult Prize Vietnam had two teams
(Enzima and Pando) registering to establish a business and file Intellectual Property documents
in Vietnam. Currently, Pando's business is still operating and developing in Ho Chi Minh City.
This year, Hult Prize Vietnam has four teams (Lizi, Bottled Nectar Nipa,etc.) launching their
businesses including PeelUs (formerly Lizi) with a registered business and Intellectual Property.
The mentors of the Regional Expert Council closely support each team and the young teams
are applying all their trained knowledge to realize their food startup projects.
4-WEEK TRAINING PROGRAM
pg. 18GENERAL REPORT 06/25/2021
HULT PRIZE SOUTHEAST ASIA 2020 - 2021 REGIONAL ROUNDS
A- ORIENTATION DAY (ONLINE & OFFLINE)
Following the success of On Campus programs with a large amount of high-quality teams, Hult
Prize Southeast Asia 2020-2021 regional round added an addition of 16 second and third-place
teams, bringing the total number of participants to 35 teams from 19 Vietnamese universities,
along with 20 teams representing universities in other countries. As a result, a total of 55 teams
competed in the regional rounds, making this one of the most exciting contest in Hult Prize
South East Asia.
To help the teams better understand the rules and regulations of the regional rounds, Hult Prize
SEA organized both online and offline orientation on April 9, 2020, at the Hult Prize Southeast
Asia office (34B Nguyen Thi Dieu, Ward 6, District 3, HCMC).
⮚ Online: Through the Zoom application, Hult Prize Foundation and Hupt Prize SEA met
and disseminated the online exam regulations to 36 teams representing Vietnamese
universities outside Ho Chi Minh City and other countries, including India, Bangladesh,
China, Japan, Indonesia.
⮚ Offline: At Hult Prize Southeast Asia Office, the organizers met with 19 teams
representing universities in Ho Chi Minh City and disseminated the offline format. Each
offline team received a special gift (startup book set worth 3,000,000 VND each) from
the semi-final judge Pham Kim Phung – CEO of V-Trac Group.
pg. 19GENERAL REPORT 06/25/2021
B- SEMI-FINAL ROUND (ONLINE & OFFLINE)
To ensure the most efficiency, on April 10, 2021, the semi-finals was held in both online and
offline formats with the presence of 55 teams in the Southeast Asia region. At the Cultural
House of Youth in Ho Chi Minh city, 4 Pham Ngoc Thach street, Ben Nghe ward, district 1, the
Semi-final round was held simultaneously on three competition platforms:
1. Online international competition platform: held via Zoom application for 20 international
teams from 5 countries.
2. Vietnam Online competition platform: held via Zoom application for 16 Vietnamese
teams representing their universities not located in Ho Chi Minh City.
3. Vietnam Offline competition platform: organized for 19 Vietnamese teams representing
their universities in Ho Chi Minh City.
Both online and offline teams submitted their 6-minute videos to pitch the ideas, one brief idea
summary and related attachments to the Organizing Committee. The judges had 4 minutes to
read the materials submitted by the team, then watch their videos in turn. At the end of the
presentation, the judges reserve the right to Call back the teams whom they wanted to ask for
more information.
The process was similar to the Vietnam offline competition platform except that the competitors
could present in person and the judges could communicate directly with the teams to give
feedback. The offline competition was also more exciting since many teams had the opportunity
to bring their prototypes to present and convince their prestigious judges.
At the end of the day, the judges of the offline and online competition platform met and
discussed with each other to choose top 6 teams representing Vietnam and top 6 teams
representing the International platform to participate in the Regional Finals. The Semi-final
round brought together the prestigious judging panel which included leading leaders, economic
experts, as well as experts in the agricultural and food industry:
❖ Mr. Sam Wood, Deputy Consul of the United Kingdom.
❖ Ms. Van Nguyen, CEO of Osla Ivy Company.
❖ Mr. Linh Han, CEO & Partner of Vietnam Silicon Valley Capital.
❖ Mr. Vo Trung Au, PhD., Chairman of the Association of Vietnamese Students -
HCMC.
❖ Ms. Nguyen Ngoc Huong, founder of Quang Thanh, Champion of Innovation
Startup for Rural Youths 2019.
❖ Ms. Nguyen Thi Thuy Duong, PhD., Dean of Food Science Faculty, University
of Food Industry, Ho Chi Minh City.
❖ Mr. Tran Duy Quan, Vice President of Ho Chi Minh City Student Union.
❖ Mr. Colin Blackwell, founder of EnableCodes.
pg. 20GENERAL REPORT 06/25/2021
❖ Ms. Bicky Nguyen, CEO of The Cricket One.
❖ Ms. Pham Kim Phung, CEO of V-Trac Group.
❖ Ms. Nazia Ijaz, Specialist at UNICEF Vietnam.
❖ Ms. Thea Quynh Cu, director of Land C Group Holding Australia.
THE SEMI-FINAL JUDGING PANEL
pg. 21GENERAL REPORT 06/25/2021
C- REGIONAL FINAL (ONLINE & OFFLINE)
Hult Prize Impact Summit in Southeast Asia is the most anticipated event of the year
with the participation of Top 6 Vietnamese teams and Top 6 International teams of South
East Asia region. This year, the event was held in both Online and Offline formats on
April 11, 2021 at the Cultural House of Youth in Ho Chi Minh City. Right at the Hult Prize
Impact Summit in Southeast Asia 2021.
The twelve elite teams of South East Asia region took
turns presenting their ideas online or face-to-face with
the judging panel. This was the most intense stage of
the competition with all the teams who have gone
through a lot of training and practices to polish their
ideas. To accommodate the dual format of this round,
the judging panel was also divided into two groups to
review and select a Champion of the Vietnam platform
and a Champion of the international platform.
The judging panel for OFFLINE Vietnam competition platform includes:
❖ Mr. Brook Taylor, CEO VinaCapital.
❖ Mr. Harvey Luu, Deputy General Director of BE Group.
❖ Ms. Thea Quynh Cu, director of Land C Group Holding Australia.
❖ Ms. Vuong Ngoc Thuy, PhD., Community Health Center specialist
❖ Mr. Pham Van Hung, PhD., Dean of Faculty of Scientific Management of International
University
❖ Mr. Darell Hammond, Founder of Kaboom.
❖ Ms. Bicky Nguyen, CEO of The Cricket One
The judging panel for ONLINE International competition platform includes:
❖ Mr. Ngo Minh Hai, Deputy Secretary of Ho Chi Minh City Youth Union, Chairman of
Vietnam Youth Association in Ho Chi Minh City
❖ Mr. Michael Do, Investor of Beenext.
❖ Ms. Lam Thi Thuy Ha, CEO of The Happy Firm, Co-founder of Trip
❖ Mr. Ho Quang Minh, President of BNI Vietnam and ActionCoach Asia
❖ Ms. Kate Becker, Country Director of US Peace Corps
❖ Mr. Colin Blackwell, Founder of EnableCodes.
pg. 22GENERAL REPORT 06/25/2021
FINAL JUDGE COMMITTEE
TOP 6 VIETNAM PLATFORM
TOP 6 INTERNATIONAL PLATFORM
pg. 23GENERAL REPORT 06/25/2021
THE WINNING TEAMS OF VIETNAM PLATFORM - FINAL REGIONAL ROUND
THE WINNING TEAMS OF INTERNATIONAL PLATFROM - FINAL REGIONAL ROUND
After the final regional round full of enthusiasm and entrepreneurial spirit, the two judging
panels honored two champions: Team Lizi from British University for the Vietnam
platform and Aquafarm India from Andhra University for the international platform, who
won the right to participate in the Hult Prize Global Finals. The two teams will represent
Hult Prize Southeast Asia to attend the Accelerator program, an advanced training
course held by the Hult Prize Foundation in UK, before competing at the United Nations
office in New York, USA in September 2021.
pg. 24GENERAL REPORT 06/25/2021
VIETNAM COMPETITION PLATFORM: LIZI, from the University of
British Vietnam in Hanoi, brings the solution to the problem of fruit
waste and aims to provide new food sources through the invention of
nutritious cereal powder from fruit peels. In particular, Lizi will also
solve the problem of “Good yield low value - Good value bad yield”
when purchasing agricultural products as raw materials for
processing into nutritional powder.
INTERNATIONAL COMPETITION PLATFORM: The Champion
AquaFarm, from Andhra University (India), presents the solution to
apply 4.0 technology in urban aquaculture. This is an urban food
solution similar to projects currently implemented in Vietnam urban
areas. Here, there are many opportunities for us to learn, cooperate,
exchange and transfer agricultural - food solutions.
The success of Hult Prize Southeast Asia 2020-2021 has marked a new development in
Vietnam. Under the direction and support of the Steering Committee, especially the Vietnam
Youth Union in Ho Chi Minh City, Hult Prize Vietnam has created hundreds of promising future
young food experts ready to make a great impact on the world. We have overcome many
difficulties during the COVID pandemic to instill a sense of social responsibility for these young
students on their entrepreneurial journey.
pg. 25GENERAL REPORT 06/25/2021
HULT PRIZE SOUTHEAST ASIA IMPACT REPORT 2020 - 2021
Hult Prize 2020 – 2021 continued to kick off worldwide while the COVID-19 pandemic was still
developing very complicatedly. Therefore, communication was very challenging, especially for
offline activities. Overall, Hult Prize has shifted its focus to online media and created a series of
online events around the world. The communication impacts this year are special
achievements, whether big or small is quite difficult to compare with the results of previous
years.
GLOBALLY, Hult Prize is fully present in 121 countries and
territories with more than 3,000 universities hosting the On-
Campus Program.
The strong spread of Hult Prize during the COVID-19 pandemic
proves the great role Hult Prize plays among the global youth
community.
Hult Prize has successfully organized 50 Impact
Summits in 9 consecutive weeks starting from
March 1, 2021 to May 1, 2021 in 50 cities around
the world.
The Regional Rounds brought together the
Judging Panels made up of 500 top regional
leaders, entrepreneurs and food experts.
More than 1,500 volunteers joining the Organizing Committees of the Regional Rounds to
create more than 10,000 young professionals and leaders wanting to change the world
More than 2,100,000 people attended and witnessed the coronation of the Regional
Champions.
A total of 26,600 articles were reported by thousands of
international press about Hult Prize's activities around the
world in 2021.
All photos capturing the activities of the 50 Hult Prize
Regional Rounds around the world are updated at:
www.hultprize.photoshelter.com
pg. 26GENERAL REPORT 06/25/2021
Hult Prize Southeast Asia 2020 – 2021 continued to spread the meaning and mission of
finding “Food for Good” solutions to hundreds of thousands of young people at 28
prestigious universities in Vietnam.
2.80 Bil
VND
Especially, Hult Prize Southeast Asia 2020-2021 programs were held through official
live-stream on the Facebook fanpage of the Vietnam Youth Union in Ho Chi Minh City,
which manages and guides a community of 3-5 millions youths. The media support
about Hult Prize from the Youth Union demonstrates the importance of educating the
youth to think and act on social responsible entrepreneurship.
In addition, the topic "Food for Good" is also collaborated by the Ministry of Agriculture
and Rural Development to orient the youth to solve 11 agricultural and food problems in
Vietnam. The Face magazine under Van Nghe Newspaper has sponsored a designed
a set of images for these 11 issues,
pg. 27GENERAL REPORT 06/25/2021
Hult Prize South East Asia
2020 - 2021 mainly operates
on Facebook while also use,
Instagram, Youtube and
website for online
communication.
3,500,000
500,000
450,000
350,000
14,500
180
pg. 28GENERAL REPORT 06/25/2021
Hult Prize Southeast Asia 2020 – 2021 was supported from more than 180
media with nearly 800 articles about the activities within the past 6 months,
approached more than 7 millions readers.
pg. 29GENERAL REPORT 06/25/2021
FINANCIAL REPORT 2020 - 2021
Hult Prize Southeast Asia 2020 – 2021 is sponsored and reported
transparently at the Social Impact Foundation (www.sifsea.com) via
https://sifsea.com/program/hult-prize-khu-vuc- dong-nam-a-2020-2021.
Hult Prize Southeast Asia has received a total of 2,804,809,000 VND from
22 sponsors and donors, including:
NO. SPONSOR CATEGORY FORM VALUE
1 Hult Prize Foundation Global Partner Cash and 1,951,026,000
Products
2 Thien Long Group Bronze Cash 30,000,000
Sponsorship
3 Hult Prize SEA 2021 Donor Cash 6,050,000
4 Ms. Thea Quynh Cu Donor Cash 5,000,000
5 PKP Donor Cash 5,000,000
6 Ywines.com Diamond Cash, Products, 300,000,000
Sponsorship and Services
7 Nguyen Phuong Ngoc Donor Cash 5,000,000
8 Phan Ngoc Diem Donor Cash 5,000,000
9 Thao Phan Donor Cash 500,000
10 Nguyen Ngoc Linh Giang Donor Cash 500,000
11 Long Hoang Printing Bronze Products and 30,000,000
Sponsorship Services
12 Donor Donor Cash 15,000,000
13 Phan Thi Ngoc Linh Donor Cash 12,000,000
14 Youth Union in HCMC Steering MC & Live- 14,900,000
Committee stream services
15 Cultural House of Youth in Companion Venue 119,350,000
HCMC Sponsorship
16 Nguyen Hai Minh Donor Trainer - week 4 15,750,000
17 Nguyen Hoa Chung Donor Trainer - week 3 15,750,000
18 Chu Manh Quan Donor Trainer - week 2 15,750,000
19 Nguyen Hong Ngoc Bich Donor Trainer - week 1 15,750,000
(Bicky)
20 ITPC Companion Venue for 121,000,000
Sponsorship Training
21 Saigon Innovation Hub Companion Venue for 121,000,000
Sponsorship Training
pg. 30GENERAL REPORT 06/25/2021
22 Hult Prize SEA 2020-2021 Donor Cash 483,000
TOTAL 2,804,809,000
Based on the above numbers, the spending of Hult Prize Southeast Asia 2020-2021 on many
grand events from October 2020 to April 2021 is allocated as follow:
NO GRAND EVENTS TIME EXPENDITURE
1 Hult Prize Southeast Asia Launching 29/10/2020 134,417,128
Day 2020 - 2021
2 On-campus Program 30/10/2020 – 20/01/2021 54,442,993
3 Regional training program 01/03/2021 – 28/03/2021 367,442,010
4 Orientation Day 09/04/2021 14,130,468
5 Semi-final rounds 10/04/2021 139,329,883
6 Final round / Hult Prize Southeast Asia 11/04/2021 2,093,110,115
Impact Summit 2020 - 2021
TOTAL 2,802,872,597
FINANCIAL RESULTS: Hult Prize Southeast Asia 2020 – 2021 ended the fiscal year through
Social Impact Foundation with the following result: (details in Appendixes)
Total Revenue - Total Cost = 2,804,809,000 - 2,802,872,597 = 1,936,403 VND.
*** NOT including results from 17 On-campus university 2020-2021: (details Appendixes)
284,335,000 – 309,614,016 = -25,279,016 VND
Developing this model in Vietnam is not easy, but Hult Prize still engages with many activities
wholeheartedly to pursue the mission of developing a community of creative social-responsible
students. Hult Prize is a bridge to bring the students closer to the startup building processes,
creating a foundation of economic and social value for good entrepreneurs in the future..
The biggest obstacle right now is to mobilize financial resources and organizational funds during
the difficult and challenging COVID-19 pandemic. Currently, the biggest source of revenue is
still from the Hult Prize Foundation (Global Partner) including: 114,226,000 VND (equivalent to
USD 4,975) in cash and 1,836,800,000 VND (equivalent to USD 80,000) scholarships awarded
to two Champions of Southeast Asia Region. These are 2 scholarships to the Hult Prize
Foundation's Global Accelerator Round for both teams (each scholarship is worth USD 40,000).
Besides, the supporting partner in Vietnam, Ywines.com (Long-term sponsor) has partially
offset the operating costs including organization, personnel and facilities.
Due to limited financial resources and COVID-19, we at Hult Prize South East Asia can only
plan for short-term operations depending on the pandemic situation. To achieve efficient
performance, financial mobilization is a huge effort for the organizers. Any contribution from
sponsors and donors to support and expand our operation would be greatly appreciated.
pg. 31GENERAL REPORT 06/25/2021
APPRECIATION TO OUR LOCAL PARTNERS
The Hult Prize Southeast Asia 2021 proudly supported from the Authorization Committee as well
as sponsors and individual donors. The participation of our local partners contributed to the
success of the annual program, leading the youths as future generations of Vietnam becoming
the world changers toward the better society.
Authorization Committee
Sponsors Media
Supporting Partners Funding by Organizer
pg. 32GENERAL REPORT 06/25/2021
APPENDIX
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