I am not promoting this site, but I think it’s worth visiting and browsing. The site is called “BIG” or “Breakthrough Innovation Grant“. The organizers of the site are inviting Entrepreneurs and Owners of Small and Medium Sized Businesses to simply submit an innovative business idea that will alleviate poverty in the Philippines. Wow, this is amazing di ba?
Heto pa, according to the site the winner will be given U$20,000, in cold cash? or if we calculate this using an exchange rate of U$1:Php50, its a Php1.0M na tumatanginting! And the thing is it is so simple – all you have to do is to submit your innovative business ideas, take note, your proposals must be innovative, resourceful, scalable, and fit the particular needs of the Philippines to drive wealth creation plus it will serve as a as drivers for poverty alleviation and social improvement.
If you browse through the site, the entries’ tab, you will notice that there are already a quite a number of entries. I have not gone reading the entries, but I think the participants posted good business ideas. You may crunch an idea just by reading it. Who knows? Copying is not evil, just put a sense on it.
One thing I noticed on the site, however, is that the criteria for judging for a certain project are too broad — it must be innovative, resourceful, scalable, and fit the particular needs of the Philippines to drive wealth creation. There must be a certain-specific percentage of something or what not. And the thing is, everyone, all the participants seems making their stuff on the top by the number of likes?
Anyhow, the finalists will be announced on April 1, 2011. So, pwede pa… go, submit if you have one.