Enderun Colleges awarded Xavier School as the grand winner of The Next Bright Idea Elevator Pitch Competition held last January 19, 2013 at The Tent at Enderun. Second and third place went to Miriam College High School and British School Manila respectively.
Seven schools got through the finals namely: Xavier School, British School Manila, PAREF Woodrose, San Beda Alabang, Chinese International School Manila, Miriam College High School and Grace Christian High School. Their pitches were judged by Leah del Castillo, editor-in-chief of Entrepreneur Philippines; Larry Gamboa, author of Think, Rich Pinoy!; Henry Ong, President of Business Sense Financial Advisors and Alexandra Rocha, owner of Pinkerton ice cream and an alumna of Enderun Colleges.
The Next Bright Idea Elevator Pitch Challenge judges. (L-R) Enderun Colleges alumna and owner of Pinkerton ice cream Alexandra Rocha, Editor-in-chief of Entrepreneur Philippines Leah del Castillo, President of Business Sense Financial Advisors Henry Ong, and author of Think Rich, Pinoy! Larry Gamboa.
Out of 15 pitches, Xavier School’s project called “K9,” an application that allows users to track their missing valuables, took home the grand prize of Php 50,000 and an exclusive teambuilding activity for their school courtesy of Enderun Extension, the continuing education arm of Enderun Colleges. Miriam College High School won second place for their “X-Pen” project, a multi-functional pen that has a built-in post-it dispenser and USB compartment. Third place went to British School Manila for their concept of “Spark Step,” shoes with built-in kinetic renewable energy that can be used to charge mobile devices.
Xavier School students brainstorming and getting ready for their pitch. Their business idea, “K9,” is an application that allows the user to track their items by “sniffing” a “scent” attached to it.
“I felt that I was not talking to high school students. They are business-minded people who know what they are talking about and getting inspired using day-to-day materials and situations,” author and judge Larry Gamboa said.
The Next Bright Idea is the first elevator pitch competition spearheaded by Enderun Colleges in partnership with the Philippine Chamber of Commerce and Industry – Taguig City. Prior to the finals, teams of 3-5 junior and senior high school students from different schools attended entrepreneurship master classes and submitted a 1,000- word summary of their business ideas. The top 15 entries were selected to present a three-minute pitch to a panel of judges who assessed their business ideas based on innovation, feasibility and financial attractiveness.
For more details and other announcements on the competition, visit the Enderun Colleges website or call (02) 8565000.