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Proof of concept competition

infoDev’s Climate Technology Program (CTP) ran a Proof of Concept (PoC) competition in Vietnam in partnership with the Asian Development Bank (ADB).

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Vietnam CIC

The Vietnam CIC will provide financing, training, and business advisory services to the growing number of clean energy and climate technology ventures.


Climate Technology Program

infoDev’s Climate Technology Program (CTP) empowers developing countries to proactively and profitably adapt, develop, and deploy climate smart technologies and business models.



About the Proof of concept competition

The aim of the PoC competition is to identify up to 30 successful applicants who may become eligible

for grant funding from the Vietnam CIC to develop, launch and/or scale a product or service.


Relevant Documents

PoC Competition FAQs (Eng) + (VN)

Application Package (Eng) + (VN)

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Vietnam CIC Services

Access to finance

Access to finance

Access to finance : Syndicating and promoting investment between Vietnam CIC companies and private financiers, state development banks, and the Vietnamese diaspora to build local investment capacity.

Tech commercialization

Tech commercialization

Technology commercialization : - Offering proof of concept grants (up to VND 1,000,000,000) that enable local innovators to demonstrate and scale their clean tech solutions - Promoting collaborative industry partnerships, supported by a technology database - Linking local innovators to technical facility providers for prototyping, testing, production and other logistical needs.

Venture acceleration

Venture acceleration

Venture acceleration : - Training individuals who are eligible for Vietnam CIC financing on business planning and financial management - Organizing seminars and university partnerships to promote professional development, business administration, entrepreneurship, and awareness of climate technology issues - Networking new ventures with angel investors, business mentors, and technical experts at the national, regional and global levels.

Market development

Market development

Market Development : - Producing market studies, cases, analytical reports and other content on climate technology sectors and opportunities. - Encouraging dialogue between government and the private sector to strengthen Vietnam’s policy framework around R&D, innovation, green growth, taxation, and exports. - Supporting the growth and establishment of climate sector business associations in Vietnam. - Networking Vietnam’s climate innovators regionally by hosting an annual CIC Forum and facilitating trade or capacity-building relationships.

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Sponsors and partners

PoC competition organizing partners

In partnership with


PoC competition consultant


PoC competition support parties


PoC competition Donors

 ausAID     UKaid-DFID2