UD Students’ Startup Project won the First Prize at the Ministry of Education and Training’s Social Impact Startup Acceleration Program
16/05/2025
From May 9-11, 2025, at the National Innovation Center (NIC), the Ministry of Education and Training (MOET) implemented the Student Social Impact Startup Acceleration Program (under Official Dispatch No. 2063/BGDĐT-HSSV). In this program, the BINKS team from the University of Danang (UD) won the First Prize and was awarded a seed fund of 50 million VND by MOET and The Happiness Foundation, SK Group (Korea).
.jpg?ver=2025-05-15-172125-633)
According to the Organizing Committee, this program targets outstanding student startup teams who have previously won high prizes in the annual “Students and Pupils with Startup Ideas’s Contest” (SV-Startup) organized by MOET. The initiative provides in-depth knowledge and seed funding to help teams further develop and commercialize their products, aiming to address social needs and promote environmental sustainability.
.jpeg?ver=2025-05-15-172157-437)
At the event, the BINKS team including students from the VNUK (Tran Nhan Kiet) and the University of Economics (Dinh Tra Giang, Nguyen Tran Tran Chau) impressed judges and investors with their project: ink and paint made from anthocyanin extracted from plants. Their product stands out for its high color fastness, quick-drying properties, and lower cost compared to current industrial alternatives. The team previously won First Prize at the national SV-Startup 2024 competition.
.jpg?ver=2025-05-15-172231-173)
According to Mr. Nguyen Xuan An Viet - Deputy Director General of the Student Affairs Department, MOET, the Social Impact Startup Acceleration Program for Students (Vietnam Sunny Impact Startup - VSIS) is one of the models exemplifying the role of higher education in nurturing innovative student-led initiatives that serve the community.
.jpg?ver=2025-05-15-172255-507)
Highly appreciating pioneering startup projects such as the BINKS Project, the representative of the MOET expressed confidence that more impactful initiatives will emerge from universities, inspiring a culture of entrepreneurship among students.

This year, MOET selected nine outstanding student projects to showcase during the program's Demo Day. The Top 5 projects were honored and awarded, with BINKS recognized as a standout example of student innovation. Their success demonstrates the potential of university incubators and specialized ecosystems to support sustainable startup development that meets real-world societal demands.
UD Media
Related News:
Creating opportunities for students to gain experience, internships, and academic exchange abroad
Students from the University of Science and Technology - UD have received prestigious scholarships in Europe
UD-DUT's students excelled in winning the PetroChallenge, honored to participate in the Asia - Pacific PetroBowl Regional Qualifiers
Print