ARE YOU THE NEXT BRIGHT IDEA CHAMPION?
The Next Bright Idea is Enderun Colleges’ business pitch and multimedia arts competition for young aspiring entrepreneurs and creative thinkers.
Do you have what it takes to be The Next Bright Idea Champion?
The Next Bright Idea is Enderun Colleges’ business pitch and multimedia arts competition for young aspiring entrepreneurs and creative thinkers. It aims to generate breakthrough business ideas and showcase emerging creativity that will be presented virtually to a live audience and a panel of judges. On its tenth year, The Next Bright Idea is welcoming once more high school students from Grades 10 to 12 to present their entrepreneurial ideas and art concepts. Winners will get a chance to take home Php 50,000 for the grand prize, Php 20,000 for the first runner-up, and Php 10,000 for the second runner-up.
A pitch is a concise presentation that outlines an idea of a new product or service to a potential investor. It’s basically delivering a business plan verbally. The goal is to convince a venture capitalist that your business idea is worth investing in, feasible, and effective.
On the other hand, art competitions signify an individual’s interpretation of life through creativity and imagination. It’s an approach artists use to illustrate their artistry or craftsmanship to stimulate the many views of humans in depicting and understanding the world around them.
Business Pitch Challenge
Art is critical in the development of new ventures and business models. Businesses and enterprises are investing in future-proof professionals who are capable of providing creative and innovative solutions to help organizations improve their operations and develop new expertise.
Participants of The Next Bright Idea 10 must delve into the commercial side of the creative industry, particularly in terms of materials, products, platforms, technologies, or talent management. They must identify pain points in the creative industry that they can address with their startup idea. Participants will be on the lookout for issues that people in this discipline encounter and will develop innovative solutions to these challenges. Thus, this year’s theme is entitled, “Art in Business, Business in Art.”
Multimedia Arts Competition
Various difficulties have engulfed the world in ways we could not imagine. When we were hit by the pandemic, which dramatically worsened the situation globally, it became much more difficult to bear. Amid all these, Filipinos remain resilient and seek new opportunities in the face of adversity in order to survive.
Participants of The Next Bright Idea 10 must become a beacon of hope in these trying times. They should be able to use multimedia arts to convey strength, encouragement, and security within the community. Participants will be using self-expression and inner creativity to portray their aspiration. That’s why the theme for the competition is entitled, “Creating a Better World for Filipinos through Art.”
COMPETITION MECHANICS
BUSINESS PITCH CHALLENGE
- Registration period is from October 18, 2021 to February 19, 2022.
- Participating teams must register and create their team profiles at (Registration now closed.).
- Teams of 1-3 members are eligible to join the competition as long as they are high school students (Grades 10-12) and have identified a mentor.
- Participants should get a clearance to join from their respective class advisers or principals.
- Participating teams should attend the Enderun Online Entrepreneurship Master Class on February 26, 2022. Experts will be present to help mentor the participants during the training prior to the main challenge event.
- After attending the Enderun Online Entrepreneurship Master Class, all teams will be required to send a 1,000-word description of their business concepts by updating their team profile on the website. Only one entry should be submitted per team. Deadline of submission is on March 12, 2022.
- From the submitted business concepts, Enderun will choose the teams who will be given the chance to pitch during the final round. Only 10 teams will make it to the finals.
- The teams will be notified via email if their business concept qualifies in the final round. Announcements will also be made on The Next Bright Idea’s Facebook and Instagram pages.
- During the final round, each team will be given a corresponding timeslot to pitch their idea for 3 minutes to the judges who will act as venture capitalists, investors, and business executives. Only one member of the team will deliver the pitch. Each team has to answer all questions asked by the judges for a maximum of 10 minutes.
- For questions about the competition, please send an email to thenextbrightidea@enderuncolleges.com.
MULTIMEDIA ARTS COMPETITION
- Registration period is from October 18, 2021 to February 19, 2022.
- Participants must register and create their profiles at (Registration now closed.).
- The competition is open to all high school students (Grades 10-12) and will be done individually.
- Participants should get a clearance to join from their respective class advisers or principals.
- Participants should attend the Enderun Online Multimedia Arts Master Class on March 19, 2022. Experts will be present to help mentor the participants during the training prior to the main challenge event.
- After attending the Enderun Online Multimedia Arts Master Class, all participants will be required to submit a stand-alone digital art image such as, but not limited to: painting, graphic design, or illustration—in freehand or digital—that illustrates their interpretation of the theme together with the 1,000-word description of their art concept by updating their team profile on the website. Deadline of submission is on April 2, 2022
- From the submitted entries, Enderun will choose the participants who will be given the chance to present during the final round. Only 10 participants will make it to the finals.
- All finalists will be notified via email if their art concept qualifies in the final round. Announcements will also be made on The Next Bright Idea’s Facebook and Instagram pages.
- All finalists are required to submit a 1 to 3-minute HD video material in landscape orientation that showcases their interpretation of the theme. The video should also be able to showcase the process and/or present the actual creation of their entry.
- Video entries must be submitted to thenextbrightidea@enderuncolleges.com on May 7, 2022 and should be in .mp4 format. Failure to submit means disqualification in the final round.
- During the finals, each video will be presented. Afterwards, finalists will need to answer all questions asked by the judges for a maximum of 10 minutes.
- For questions about the competition, please send an email to thenextbrightidea@enderuncolleges.com.
PRIZES
The following awards and prizes will be given to the winners:
BUSINESS PITCH CHALLENGE
- The Grand Champion will receive Php 50,000 and a trophy.
- The First Runner-up will receive Php 20,000 and a trophy.
- The Second Runner-up will receive Php 10,000 and a trophy.
MULTIMEDIA ARTS COMPETITION
- The Grand Champion will receive Php 50,000 and a trophy.
- The First Runner-up will receive Php 20,000 and a trophy.
- The Second Runner-up will receive Php 10,000 and a trophy.
IMPORTANT DATES TO REMEMBER
Registration Deadline: February 19, 2022
Master Class
- Business Pitch Challenge: February 26, 2022
- Multimedia Arts Competition: March 19, 2022
Concept Deadline
- Business Pitch Challenge: March 12, 2022
- Multimedia Arts Competition:
- Art Concept + 1,000-Word Description: April 2, 2022
- Video Material: May 7, 2022 (Top 10 Finalists only)
Finals
- Business Pitch Challenge: April 2, 2022
- Multimedia Arts Competition: May 14, 2022
TERMS AND CONDITIONS
- There is no entry fee to join the competition.
- Enderun Colleges reserves the right to amend the competition mechanics and dates without notice in the event of any unforeseen circumstance outside of the organizer’s control. Participants will be notified of any changes to the competition.
- The participating schools agree to use their name, school, and submitted entries in any promotional material in relation to the competition (e.g. social media posts, competition posters, and/or press releases).
- Enderun Colleges will conduct coverage of the participants during the master class and finals. Enderun Colleges will also conduct interviews of some participants and coaches. The photos and videos will be uploaded on Enderun Colleges’ social media accounts (e.g. Facebook, Twitter, Instagram, and YouTube). Rest assured, the photos and videos that will be uploaded on social media will not compromise the participants and schools’ reputation. The videos are meant to encourage the teams’ school, family, and friends to support them during the competition.
- Participants must adhere to the copyright laws and regulations. Furthermore, no depiction of violence, sex, or nudity should be present in any competition materials.
- Enderun Colleges complies with the Data Privacy Act of 2012 and assures that personal information and other confidential data of the participants will be protected.
- Entry into the competition will be deemed as acceptance of these terms and conditions.
PRESS RELEASES
These high school students are starting a livelihood project for fellow Marawi victims
Enderun Recognizes the Next Bright Idea 7 Grand Champion
Inquirer.net: Enderun recognizes the next bright idea anew
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