LOTTE Ventures Vietnam has launched L-CAMP Vietnam 2026, an open innovation program offering up to $80,000 in proof-of-concept grant funding to connect high-potential Vietnamese startups with LOTTE’s network of affiliates in Vietnam for pilot collaborations and long-term business partnerships.

In a statement in late May, LOTTE Ventures Vietnam said the program is a collaboration with Impact Square, a South Korea-based organization specializing in open innovation and ESG initiatives.

Selected startups will have the opportunity to collaborate directly with LOTTE affiliates, access proof-of-concept grant funding with a total budget of up to $80,000, and connect with investors and strategic partners across the Korea–Vietnam innovation ecosystem. LOTTE Ventures Vietnam may also explore future investment opportunities with participating startups.

LOTTE’s ecosystem in Vietnam spans retail, F&B, hospitality, entertainment, logistics, technology, and real estate through affiliates including LOTTE Mart, LOTTERIA, LOTTE Cinema, LOTTE Hotel, LOTTE Mall, LOTTE Department Store, LOTTE Properties, and LOTTE Innovate.

The program is primarily targeting startups with early product-market fit in sectors including retail and e-commerce, AI and robotics, hospitality and entertainment, F&B, PropTech, and logistics and supply chain.

Applications are open until June 19, 2026. Shortlisted startups will participate in the main program from July to December 2026, covering collaboration planning with LOTTE affiliates, proof-of-concept implementation, and investment and networking activities.

LOTTE Ventures is a South Korea-based venture capital firm with over 250 investments globally and more than $300 million in assets under management.

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