On January 18th, the Award Ceremony and Launching of Entrepreneurship 2019 occurred at the National Entrepreneurship Festival 2019. The INut project team, which developed an ecosystem connecting devices for innovative businesses, received the first prize at the ceremony. The group consisted of former students from fit@hcmus who graduated in 2014.
In 2018, the team won several significant awards for their project, including the Encouraging Talent of Vietnamese Land Award, first prize in the National Student Startup Contest 2018, first prize in the Smart City Initiative Competition in Binh Duong Province, and first prize in the startup contest in Phu Yen Province.
Before the awards, the project had received investment from several companies valued at VND 625 million for 2.5% of the shares. The CEO - Ngo Huynh Ngoc Khanh, was previously selected to represent Vietnamese youth to showcase their innovative products to former US President Obama in 2016.