Nine global agritech entrepreneurs supported to scale solutions in Vietnam
An Australia-funded project has chosen nine leading agritech scale-ups from overseas to enter the Vietnamese market with an aim of solving the country’s most pressing agrifood challenges, according to the Australian Embassy in Hanoi.
Hanoi (VNA) – An Australia-funded project has chosen nineleading agritech scale-ups from overseas to enter the Vietnamese market with an aim of solving the country’s most pressing agrifood challenges, accordingto the Australian Embassy in Hanoi.
Funded by the Australian Government through itsAust4Innovation, GRAFT Challenge Vietnam is designed to give promisinginnovators from around the world necessary support to scale into Vietnam witheffective solutions for agrifood challenges.
Applicants competing in the challenge came from 16countries, including the US, Israel, Australia, India, and Thailand. Proposedsolutions included integrated IoT solutions to improve water quality in localaquaculture systems; microbial solutions for environmentally-friendly crophealth management; and microclimate monitoring and control systems for saferand more energy-efficient piggeries.
“Agrifood is a priority sector for Australia’sdevelopment efforts in Vietnam, and we believe these companies have thepotential to kickstart a wave of agricultural innovation in the country,” saidTom Wood, Programme Director of Aus4Innovation after the finalist announcement.
Prior to the challenge, the GRAFT team had convenedindustry working groups of Vietnamese agribusiness corporates to identify theunique challenges that face Vietnam’s crops and plantations, aquaculture, andlivestock industries. Many of these challenges were related to climate-drivenproduction risk, improving feed cost-efficiency, reducing post-harvest losses,and building consumer trust.
This August the nine scale-ups will begin receivingGRAFT’s 15-week programme of tailored support, during which a network ofin-market experts will provide bespoke consultation to help the scale-upsvalidate their technologies. This phase of the program will culminate with thescale-ups presenting their solutions to Vietnamese agricultural corporations atan intensive week-long roadshow./.
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Illustrative photo. (Source: VNA) 
