Entrepreneur Student Challenge

Calling all college students! Do you have a bright business idea? Entrepreneur Philippines dares you to take on the first ever Entrepreneur Student Challenge. Building entrepreneurs who will take on the challenge have a chance to be featured in Entrepreneur magazine, win a cash prize of Php 100,000.00 (tax-free) and other special prizes.

Students enrolled in colleges and universities in Metro Manila can join this competition either as an individual or as a team by sending a business plan to entrepstudentchallenge@summitmedia.com.ph on or before September 20, 2010. The proposed business can be in any field and must require a total initial capital of less than one million pesos. The required format for business plans is available in the Entrepreneur Student Challange mechanics page in the August issue of Entrepreneur Philippines.

Business plans will be judged according to the following criteria: completeness of the business plans, soundness and viability of the business plan, efficient use of available resources and innovation.

The best business plan will win Php 100,000.00 to be used solely as starting capital for the proposed business. The winning team will also get additional prizes from Aesthetic Science, Bliss Yoga, Etude House, Gold’s Gym, Love Manila, OMF Literature, Sari Sari Mall, Neo, Red Baroness Coffee and Spa. Winners will be announced in the fourth week of October and will be awarded this November.

Grab this opportunity to turn your business idea into an actual business. Join the Entrepreneur Student Challenge now! For more information, grab a copy of the August issue of Entrepreneur Philippines or visit www.entrepreneur.com.ph.

Entrepreneur magazine is available in newsstands, bookstores, and supermarkets nationwide.