Greetings! The Inter-university Management Alliance (IMA), composed of the UP Association of Business Administration Majors, Ateneo Management Association, and DLSU Business Management Society, would like to extend an invitation to your organization to be one of our organization partners for the finale of our competition entitled FYI: Filipino Youth Innovation – The Inter-School Social Business Competition. The FYI Competition Finale will be held on April 1, 2012, 1-6:30pm, at the William Shaw Little Theatre in De La Salle University, Manila. The top ten finalists of the competition will be presenting their business ideas to angel investors during the event, and there will also be talks on entrepreneurship from GKonomics and Go Negosyo. This year’s FYI is the pilot event for the competition, and IMA is hoping to include more organizations and schools in next year’s event should we be successful this year. In this regard, please also treat this invitation to our competition finale as a chance for each of our organizations to explore the possibility of a partnership for next year’s FYI. Attached herewith are more details on the event and its organizers. Should you have any inquiries, feel free to contact us. Thank you very much for your time. We look forward to discussing this project more with you at your earliest convenience. Together, let’s make the Philippines a hub of budding young entrepreneurs! Sincerely, Arianne Dy Inter-university Management Alliance 0922-8742663; arianne_dy92@yahoo.com
COMPETITION OVERVIEW FYI: Filipino Youth Innovation is a business plan competition organized by the Inter-University Management Alliance, in partnership with GKonomics, between students of Ateneo de Manila University, De La Salle University – Manila, and University of the Philippines – Diliman. The competition aims to engage students in social entrepreneurship and make them consider it not only as a viable career option, but more importantly, a fulfilling and exciting choice.
The competition will challenge the participating teams to come up with a business that will give livelihood or be beneficial to Gawad Kalinga communities, and at the same time, will have market potential and sustainability. The top ten participating teams of the competition will get the chance to • pitch their business ideas to angel investors, • receive start-up capital from the Php500,000 prize money pool from angel investors, and • receive post-competition assistance and mentorship from GKonomics and angel investors Inter-university Management Alliance The Inter-university Management Alliance (IMA) is a group of student-run business organizations from UP, Ateneo, and La Salle, established on May 3, 2010. It is composed of UP Association of Business Administration Majors, Ateneo Management Association, and DLSU Business Management Society, who all share the common goal of developing the managerial and leadership skills among its members through its value-adding projects and activities. It commits itself to producing business leaders that will lead the country towards social progress. GKonomics GKonomics International, Inc. is a non-stock, non-profit organization, incorporated in 2009. It is a Gawad Kalinga (GK) partner in social enterprise development. GKonomics aims to help end poverty in the Philippines by empowering GK communities to build enterprises that produce world-class products and services in partnership with social entrepreneurs. Know more about them at www.gkonomics.com Other Sponsors
PROGRAM FLOW: FYI FINALS TIME 1:00 - 1:30
PROGRAM SEGMENT Registration
1:30 - 1:40 1:40 - 1:50 1:50 - 2:20 2:20-4:45 4:45 - 5:15 5:15 - 5:45 5:45 - 6:00 6:00 - 6:30
National Anthem and Invocation Opening Remarks Social Entrepreneurship Talk GKonomics Business Pitch - Top 10 Teams How to Start Your Own Business Go Negosyo RCBC MyWallet Product Brief Awarding of Winners Snacks and Networking
AS OUR ORGANIZATION PARTNER, WE REQUEST FOR: at least 10 attendees from your organization help in promoting our event IN RETURN, IMA WILL: include your organization’s logo in our publicity materials recognize your organization during the event Should you have concerns or favorable requests regarding the proposed partnership terms, please don’t hesitate to contact us.
ROUNDS OF THE COMPETITION Round 1: Submission of Entries (Feb 1-21) Registered teams must submit a two-page business concept as their entry, containing the following: 1. Product/Service
2. 3. 4. 5. 6.
Target Market Problem Solution Revenue Model Competitive Advantage
Target: 80-100 teams (3-5 members per team) Round 2: Elimination and Entrepreneurship Boot Camp (March 10-11) The top 25 semi-finalist teams will be required to attend the Entrepreneurship Boot Camp on March 10-11. The boot camp, which will have 100-150 students and mentors as attendees, aims to immerse the semi-finalists in GK communities, further develop their ideas, hone their entrepreneurial skills, and help them come up with their business plans. The entrepreneurship boot camp will consist of the following: o o
Day 1: immersion in GK communities Day 2: entrepreneurship workshop
By the end of the Day 2 Boot Camp, the top 25 teams will pitch their business ideas to a panel of judges. The panel will then select the top 10 teams who will make it to the finals. Finale: Entrepreneurship Summit and Business Plan Defense (March 31) On March 31, the teams will pitch their business plans in front of the angel investors and the audience. Aside from the top 10 teams’ business plan defense, there will also be entrepreneurship talks within the day. This event will be attended by 250-300 students and entrepreneurs. The announcement of winners and the awarding will be held on the same day as the presentations. Visit imafyi.weebly.com for more details FB: FYI: Filipino Youth Innovation | Twitter: ima_fyi