AB InBev has collaborated with 5Desire, a Vietnamese startup accelerator, to launch the 100+ Labs in Vietnam. The program is meant to drive the local startup ecosystem and enable global exposure to Vietnamese ones.
The program will enable mentorship and training opportunities, as well as a golden ticket to the global AB InBev 100+ Accelerator program which offers to fund startups up to US$100,000.
The 100+ Labs in Vietnam will enable partnerships with scientists, innovators, entrepreneurs, and AB InBev to identify and scale out-of-the-box solutions as it works towards creating a sustainable and inclusive future. The challenge is open to all startups from all stages.
Ashwin Kak, Director of Procurement & Sustainability for India & Southeast Asia at AB InBev said, “Our sustainability ambitions are pivoted on our vision of building a company that will last for 100+ years. However, we do realise that we cannot solve today’s sustainability challenges alone. The 100+ Labs aims to deliver systemic change through collaborations with new-age scientists, innovators, entrepreneurs, and companies.”
According to Kak, “For the 2022 edition, we are calling on startups with new technologies and innovations to address the most pressing issues across 6 areas closely aligned with the UN Sustainable Development Goals. We will leverage our resources, systems, and knowledge to accelerate the world’s shift towards sustainable solutions and do business the right way, not the easy way.”
Application to the 100+ Labs is opened from 13 September to 7 October 2022. Once the applications are filed, following an initial screening process, the selection team will carefully review each application and announce the shortlisted companies. For more information, email email@example.com.