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BiD Challenge

2005 Prize event and BiD market

Friday June 3rd 2005, the Dutch minister for Development Cooperation and the CEOs of our partners, announced the prize winners of the Business in Development (BiD) Challenge at the Rabobank headquarters in Utrecht. Out of the 20 finalists, the 10 most promising plans won up to 20.000 euro each to start their business.

BiD Challenge Market

Only 10 business plans could actually win a prize, however many promising ideas existed amongst the non-winners. 80 business plans were presented at the BiD Challenge Market. The Market gave starting entrepreneurs the opportunity to present their business plans to BiD Challenge partners, investors and other interested parties.

All Dutch and 18 developing country entrepreneurs were present to present their plans. This resulted in many valuable new contacts and several fruitful partnerships between the BiD entrepreneurs and investors, NGOs and partners.

CeconaCeconaMartijn Palmen and his plan presentation

JoshuaJoshuaJoshua Guinto and his plan presentation

Prize Ceremony

Out of the 20 finalists, the 10 most promising plans won up to 20.000 euro to start their business or implement a pilots. As chairwoman of the Jury, the Minister for development cooperation, Ms. Agnes van Ardenne, was the first to announce a prize winner.

JonahJonahRinette Soeropawiro is questioned about her business plan

Noel PercilNoel PercilNoel Percil receives his prize from Arthur Arnold, CEO of FMO

RinetteRinetteRinette Soeropawiro is questioned about her business plan

van de Veervan de VeerHarm van Oudenhoven receives prize from Ben van de Veer, CEO of KPMG