Do you have what it takes to be the next Entrepreneur?

The Next Bright Idea is an annual elevator pitch competition for young aspiring entrepreneurs. It aims to generate breakthrough business ideas that will be presented to a live audience and panel of judges within 3 minutes.

An elevator pitch is a brief, concise speech that outlines an idea for a new product or service to a potential investor. The name comes from the notion that the idea needs to be presented in the duration of an elevator ride. The goal is to convince a venture capitalist that your business idea is worth investing in.


  • Grand Champion
    The grand champion will receive PhP 50,000 and a trophy.
  • First Runner Up
    The first runner up will receive PhP 10,000.
  • Second Runner Up
    The Second Runner up will receive PhP 10,000.
  • People’s Choice Award
    The winner of the People’s Choice Award will receive PhP 10,000.


Deadline of Submission of Registration Form 30 October 2016
Dates of Master Classes 1 October 2016
8 October 2016
15 October 2016
22 October 2016
Deadline of Submission of Project Description 17 December 2016
Announcement of 10 Finalists On or before 1 February 2017
Grand Finals: Elevator Pitch Competition 2 February 2017