Challenge: 

BiD Challenge Philippines

Enterprising Filipinos, Helping Reduce Poverty

Submit your business proposal by June 30.

  • Find investors for your business
  • Get a coach for your business plan
  • Win PHILIPPINE PRIZE MONEY.

A total of PhP 1,000,000 is available this
year.

  • Win a business trip to the Netherlands
  • Win Euro 20,000 in the global BiD Challenge

The Business in Development (BiD) Challenge Philippines offers entrepreneurs the opportunity to develop and execute business plans that improve the living conditions of poor Filipinos. Its uniqueness is that it encourages the germination of an idea, identifies excellent concepts and plans, and provides mentors and coaches that can direct the idea towards viability and sustainability.

Previous years’ Philippine business plans were innovative, out-of-the box –a testimony to the creativity, resourcefulness and entrepreneurial spirit of the Filipino. Be inspired in the same way the others have been.

How to compete in the BiD Challenge Philippines 2008
To compete, you must present your business idea on the BiD Network before June 30 by:

▪ First check if you are eligible to participate by reading the participation criteria. Click on the box ‘Who can participate?’ on the right.
▪ Become a member of the BiD Network and create a profile.
▪ Complete the online business concept format. Click on the box ‘How to present your plan’ on the right.

Information on how to finalize and submit your plan will be available by May 15th. If you start completing the online format before May 15, you will receive an email after May 15th with the information how you need to finalize and submit your plan.

What happens after June 30?
If your plan is accepted to the challenge you will receive an email from us within one month after June 30. In this email we will inform you if you:
1. Have been accepted to the BiD Challenge Philippines
2. How to attach a complete plan to your online business plan format
3. If you are eligible to receive a coach
4. When and how the finalists will be selected

Good luck! BiD Challenge Philippines is organised by the Philippine Business for Social Progress (PBSP)


"Stimulate sustainable economic development through entrepreneurship!"

Good luck and make it happen!