Enactus Philippines conducted virtually the 2020 Business Innovation Idea Challenge on December 4-5, 2020, with Mindanao State University-Main Campus winning for the second time.
The BIIC was open to student teams from all colleges and universities around the Philippines, including all active Enactus teams. Sixty-four teams initially submitted project proposals, which were trimmed down to 15 semi-finalists, chosen by Judges during the Opening Round of Competition, whose results were announced on 30 October 2020. The 15 teams then moved on to the semifinals where they had the chance to pitch their business innovation ideas through a video presentation to a panel of experts. Five teams were chosen from among them to compete in the finals.
The semifinals on December 4, 2020 was officially opened by Enactus Philippines' Chairman, Jose P. Leviste, Jr. who said, “I formally welcome everyone in the semi-final round of BIIC with a reminder that the COVID-19 pandemic has taught us to think outside the box, to be innovative, and to drive social changes by challenging the status quo. As we face global threats like this COVID-19 pandemic, we are reminded of how innovation and technology play a crucial element in how we do things now and in the near future.”
Six finalists among the 15 teams were announced after the semifinal round of BIIC via Facebook Live. On December 5, 2020 the final round was also broadcast via Facebook.
Mindanao State University-Main Campus won for the second time in BIIC besting five other finalists including Holy Angel University (1st Runner-Up), De La Salle University Manila (2nd Runner-Up), Occidental Mindoro State College, University of the Cordilleras, and University of Southeastern Philippines.
To conclude the 2nd year of BIIC, Enactus Philippines Country Leader, Atty. Leo G. Dominguez congratulated the 64 teams that participated from around the Philippines.
He said, “The success of the BIIC should not end at the announcement of winners today. We believe that we can push this further by encouraging all our 64 participating teams to start social entrepreneurship projects and capitalize on their hard work and successes to date. We at Enactus Philippines, with our various programs, stand ready to guide the teams that are or will become full-pledged Enactus teams to progress their ideas into tangible social and innovative projects aimed at empowering communities.”
Enactus Philippines is sponsored by EEI Corporation (Red Diamond Sponsor), Pilipinas Shell Foundation, Inc. (Blue Diamond Sponsor), OceanaGold (Philippines), Inc. (Diamond Sponsor), Unilever (Platinum Sponsor), Sindicatum Renewable Energy Holdings Philippines (Silver Sponsor). KPMG R.G. Manabat & Co., Quisumbing Torres (Member Firm of Baker & McKenzie International) and the Philippine Chamber of Commerce and Industry (PCCI) are institutional partners.
