Overview Of The Foundation
VinFuture Foundation is an independent, not-for-profit foundation in Vietnam. The Foundation was established with the vision of creating meaningful change in the everyday lives of millions of people by honoring transformational technological innovations. The Foundation was set up with an initial endowment of VND 2,000 billion (~US$ 100 million) from Mr. Phạm Nhật Vượng, the founder and Chairman of Vingroup JSC, a technology, industry, and services company in Vietnam, and his wife, Mrs. Phạm Thu Hương.
To build a future where breakthrough scientific research and technological innovations empower people, positively enhance their lives, and create a more equitable and sustainable world for future generations.
The core activity of the Foundation is to award the annual VinFuture Prize to proven breakthrough scientific research and technological innovations that have high potential to create meaningful change in people's lives. The Foundation manages the Prize administration process, ensures independence for the Prize Council in the process of selecting laureates, and enables a secure financial standing for the Prize over the long term. In addition, the Foundation will conduct the following activities to realize its over-arching vision:
Engage in strategic grant-making activities, which include grants to innovators in STEM fields and knowledge dissemination activities
Organize academic events, leverage digital channels, and conduct personalized outreach to attract high quality nominations, build prestige for the Prize, and inspire youth to undertake scientific research
Advocacy for STEM
Promote STEM and innovation-based curriculum in the education system by leveraging partnerships with distinguished institutions and individuals, and engaging government stakeholders
Develop long-term partnerships with prestigious institutes in science, technology, and industry for inviting Prize nominations, supporting the adoption of awarded technologies on a large-scale, grant-making, and communications
VinFuture Foundation strives to uphold four core values
We hope to leverage the power of science and technology to serve marginalized communities, and provide equal opportunities to individuals regardless of gender, social status, or nationality
We focus on technologies that have the potential to create positive impact on a large-scale, by reaching billions of people across the world
Sustainability is ingrained in our ethos, as technological innovations have the power to improve lives whilst preserving the environment and natural resources for future generations
We aim to reward breakthrough research and technological innovations and support young researchers early on in their journeys to help them realize their fullest potential
The VinFuture Advisory Council is comprised of internationally recognized Vietnamese innovators, researchers, and industry leaders in fields such as organic electronics, applied mathematics, computer science, and artificial intelligence. The Advisory Council provides strategic advice to the VinFuture Foundation, as well as supports the establishment of the Prize Council.