Impact Challenge At SEA is a competition designed to discover and invest in promising impact startups in Vietnam that propose climate solutions or promote the transition towards a digital economy.
Clean Energy, Resource Management, Sustainable Practices,
Environmental Protection, Climate and Biodiversity Conservation, etc.
● Applicants must be corporations or cooperatives primarily operating and creating impact in Vietnam.
● The representative of the company must be a Vietnamese national.
Details of Benefits will differ according to the selection stage.
• Prizes for TOP1-3 : total approx $30,000
• Special Award: $20,000
Award amounts and structure may vary depending on circumstances.
• Up to USD 200,000 in total support
— including additional prize money, investment — may be awarded to selected teams.
Investment will only be offered to companies that meet the selection criteria.
• A comprehensive online course series with 80 lectures dedicated to the growth of impact
businesses, integrating social and economic value.
• Personalized mentoring to help startups
develop impactful and sustainable business
models.
• Workshops and education on measuring and managing impact
• A self-disclosure platform that allows companies to self-assess and report their social impact.
• Opportunities for ESG open innovation through partnerships with large companies in Korea.
• Support for technology transfer from Korean social ventures and the development of joint venture businesses with participants.
• Potential opportunities for follow-up investments in collaboration with global impact investors.
Document Screening
Online IR Picthing Competitioin
Demoday
The Top 12 companies from Round2 will pitch.
* Participation in the Techfest is essential for the selected companies.
One company from the Top 30 will be chosen for investment.
Investment Package:
● Up to $200,000 in investment & additional prizes
● Impact Measurement Report
August 1st - October 1st 2025
Application PeriodAugust 1st - October 1st 2025
Document screening October 10 - 25
ROUND1Document screening October 10 - 25
Online IR Picthing Competitioin October 30
ROUND2Online IR Picthing Competitioin October 30
Demoday in Techfest End of November
ROUND3Demoday in Techfest End of November
November - December
Accelerating Program for TOP2 CompaniesNovember - December
Ongoing investment Review
Late 2025 - Early 2026
Final Investee SelectionLate 2025 - Early 2026
If you canʼt find what youʼre looking for, please contact us at
info@impactchallengeatsea.com
Launched in 2022 by Impact Square, ICAS is a pioneering initiative supporting and investing in promising impact startups across Southeast Asia. Each year, through an open call for proposals, ICAS selects over 70 startups and provides them with investment capital, accelerator programs, and social value measurement to drive their growth and amplify their impact.
ICAS fosters cross-regional collaboration by partnering with agencies, investors, NGOs, and corporations, connecting startups to funding opportunities and key ecosystem stakeholders. Through these efforts, ICAS aims to expand the impact ecosystem and catalyze innovations addressing critical challenges in Southeast Asia.
Launched in 2022 by Impact Square, ICAS is a pioneering initiative supporting and investing in promising impact startups across Southeast Asia. Each year, through an open call for proposals, ICAS selects over 70 startups and provides them with investment capital, accelerator programs, and social value measurement to drive their growth and amplify their impact.
ICAS fosters cross-regional collaboration by partnering with agencies, investors, NGOs, and corporations, connecting startups to funding opportunities and key ecosystem stakeholders. Through these efforts, ICAS aims to expand the impact ecosystem and catalyze innovations addressing critical challenges in Southeast Asia.
IMPACT SQUARE is an Impact Accelerator dedicated to Impact Business making a great breakthrough against fundamental conflicts between impact and economic value of our world.
Our mission is to make more people consume impact business, which drives us to provide a wide range of services from accelerating, impact measuring to community building. We have been continuously developing cases of how solving social or environmental problems can become a company’s competitiveness.
MerryYear International(MYI) is an Non-Governmental Organization specialized in social economy, agriculture and microcredit sectors.
Working in the Mekong Delta area Since 2011, MYI has been working in Mekong Delta area to support vulnerable people, small shop owners and government officers. Based on the endeavor, MYI could aggregate over $500,000 funds with local people.
TECHFEST is Vietnam’s flagship national innovation and entrepreneurship festival, launched by the Ministry of Science and Technology in 2015 and organized in partnership with government bodies, local authorities, and the wider startup community both at home and abroad. Its mission is to provide a premier platform where innovative startups can connect with potential customers, investors, mentors, and media, while sharing knowledge and forging collaborations that strengthen Vietnam’s position on the global innovation map.
Over the past ten years, TECHFEST has attracted nearly 27,000 in‑person attendees, 37,000 online participants, 2,600 startups, and 1,000 domestic and international investors, with international experts consistently comprising over 30% of all speakers. Each year, 10–20 local and regional satellite events amplify its impact nationwide, and TECHFEST’s international editions in San Francisco, Singapore, Seoul, and Melbourne... have further showcased Vietnamese innovation abroad. On average, over 300 startups and 150 investors take part in each investment‑matching session, resulting in interested amount of investment over USD 107 million USD with 12% of success rate.
CEO/Founder, IMPACT SQUARE
Hyunmyung, DHOCEO/Founder, IMPACT SQUARE
CEO, NEXTRANS
Sangmin, HONGCEO, NEXTRANS
Director/Partner, NEXTRANS
Seung-Ho, CHAEDirector/Partner, NEXTRANS
Co-Founder & Managing Partner, The Sylvan Group
Kyungsun, ChungCo-Founder & Managing Partner, The Sylvan Group
Director, FTU Innovation and Incubation Space
Le HaDirector, FTU Innovation and Incubation Space
Director, NEU Center for Social Innovation and Entrepreneurship
Truong Thi Nam ThangDirector, NEU Center for Social Innovation and Entrepreneurship
Partner, THE VENTURES
Daehyun, KIMPartner, THE VENTURES
Head of Investment and Incubation, National Startup Support Center
Pham DuyHead of Investment and Incubation, National Startup Support Center
SEE THE IMPACT,
SAIL TO INNOVATION
Impact Square Co., Ltd.
53, Seoul Forest-gil, Seongdong-gu, Seoul
Representative: Do Hyun-myung
120-87-60341