Business Pitch Challenge & Visual Arts Competition

“STARTUPS OF THE FUTURE”

Open to all Senior High School Students (Grade 10 to 12)
Register before February 10, 2023 and get a chance to win

PhP 50,000!

ARE YOU THE NEXT BRIGHT IDEA CHAMPION?

The Next Bright Idea is Enderun Colleges’ business pitch and design competition for young aspiring entrepreneurs and creative thinkers. Since its inception in 2001, the Business Pitch Challenge has brought together hundreds of forward-thinking young business leaders who can make a real difference in the world. The Design Competition, on the other hand, cultivates participants’ artistic talents, allowing them to showcase their creative vision in the rapidly evolving fields of digital media and communications technology.

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

A business 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.

With a theme, “Startups of the Future: Smart Enterprises for 2023 and Beyond,” participants are tasked to develop a start-up idea on emerging technologies and novel inventions, which are relevant and meaningful for this year now and beyond. As the world continues to move at the speed of light, many venture capitalists and investors are looking for game-changing, forward-thinking business concepts that offer innovation and concentrate on long-term solutions that are valuable today and in the future.

All entries must focus on one of the
following industries:

Accounting
Advertising
Agriculture
Architecture
Arts and graphics
Aviation
Banking and financial services
E-commerce
Education
Engineering and infrastructure
Entertainment and events management
Consultancy
Customer service
Information technology
Interior design
Healthcare
Human resources
Hotel and restaurant management
Insurance
Legal
Marketing
Petrochemical and refinery construction
Real estate
Sales
Sports and recreation
Social entrepreneurship
Telecommunication
Travel and tourism

DESIGN COMPETITION

The design competition aims to empower students’ interpretation of a socially defined issue through imaginative thinking and creativity. It is a technique where they can illustrate their craftsmanship in order to stimulate the various perspectives of humans in depicting and understanding the world around them.

Following the theme “Jobs of the Future: Impacts Shaping the New Industry Culture” below are the objectives in relation to the context/meaning of the art submissions:

Foster market and employment opportunities
Boost higher productivity and efficiency with technologies in place
Motivate improvement in employee experience and income
Encourage continuous learning and reskilling amid digitization
Generate new ways to access and supply labor from traditional economy

All entries must be created using digital technology and presented in a variety of stand-alone digital art image formats, including but not limited to:

• Graphic Poster
• Web Comic
• Fractal/Algorithmic Art
• Data-Moshing
• Dynamic Painting
• 2D Computer Graphics
• 3D Computer Graphics
• Pixel Art
• Photo-painting
• Manual Vector Drawing
• Integrated Art/Mixed Media and Hybrid Painting
• Raster Painting
• Computer-Generated Painting

COMPETITION MECHANICS

1. Business Pitch Challenge

2. Registration period is from December 5, 2022 to February 11, 2023.

3. Participating teams must register and create their team profiles at https://brightidea.enderuncolleges.com/.

4. 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.

5. Participants should get a clearance to join from their respective class advisers or principals.

6. Participating teams should attend the Enderun Entrepreneurship Master Class on February 18, 2023. Experts will be present to help mentor the participants during the training prior to the main challenge event.

7. After attending the Enderun 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 4, 2023.

8. 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.

9. 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.

10. 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.

11. For questions about the competition, please send an email to thenextbrightidea@enderuncolleges.com.

1. Registration period is from December 5, 2022 to February 11, 2023.

2. Participants must register and create their profiles at https://brightidea.enderuncolleges.com/.

3. The competition is open to all high school students (Grades 10-12) and will be done individually.

4. Participants should get a clearance to join from their respective class advisers or principals.

5. Participants should attend the Enderun Design Master Class on February 18, 2023. Experts will be present to help mentor the participants during the training prior to the main challenge event.

6. After attending the Enderun Design Master Class, all participants will be required to submit their entries together with the 1,000-word description by updating their team profile on the website. Deadline of submission is on March 4, 2023.

7. 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.

8. All finalists will be notified via email if their entry qualifies in the final round. Announcements will also be made on The Next Bright Idea’s Facebook and Instagram pages.

9. During the finals, each artwork 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.

10. 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

MASTER CLASS

  • Business Pitch Challenge
    February 18, 2023
    8:00 to 9:00 am
    Enderun Design and Innovation Center, 2/F South Wing, Estancia Mall, Pasig City
  • Multimedia Arts Competition
    February 18, 2023
    10:00 to 11:00 am
    Enderun Design and Innovation Center, 2/F South Wing, Estancia Mall, Pasig City

CONCEPT DEADLINE

  • Business Pitch Challenge
    March 4, 2023
  • Design Competition
    March 4, 2023

FINALS

  • Business Pitch Challenge
    April 1, 2023
    9:00 am to 12:00 pm
    Enderun Colleges, McKinley Hill, Fort Bonifacio, Taguig City
  • Design Competition
    April 15, 2023
    9:00 am to 12:00 pm
    Enderun Colleges, McKinley Hill, Fort Bonifacio, Taguig City

TERMS AND CONDITIONS

1. There is no entry fee to join the competition.

2. 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.

3. 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).

4. 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, TikTok, 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.

5. 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 Colleges’ The Next Bright Idea, a business and design pitch competition, was the perfect avenue for the students of Mindanao State University-Marawi Senior High School to start a livelihood project for their fellow Marawi sieged victims. Read the news articles on Manila Bulletin, BusinessMirror, Manila Bulletin, Maharlika News, When in Manila.
Enderun Recognizes the Next Bright Idea 7 Grand Champion
Enderun Colleges hailed a new grand champion during its annual The Next Bright Idea business pitch challenge. Held last February 26 at The Tent of Enderun Colleges in Taguig City, the finals event awarded Jeemo, the team from Saint Jude Catholic School.
Inquirer.net: Enderun recognizes the next bright idea anew
Enderun has found a new champion of its annual The Next Bright Idea business pitch challenge. Held last February 10 at The Tent at Enderun, McKinley Hill, Bonifacio Global City, the finals event awarded EmpoweRice, the team from Xavier School Nuvali, the grand prize of Php50,000.00.

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