As an avenue for faculty members to present their ideas, a business pitch competition was held at the Finster Auditorium last Feb. 2, 2017.
The competition, organized by the Ateneo de Davao Method of Innovation and Technopreneurship, aimed to have faculty members from different disciplines work together and conceptualize business ideas that could be capitalized.
Eight teams competed in the competition wherein these groups presented their business proposals within 5 minutes.
Happy Pig, a food business of bacon made of local seaweed, won first place in the competition with a rating of 86%.
Ubra SMS, a parent-teacher student management system, came in first runner-up- with a rating of 80.33%. Placing as second runner-up the Intellibin which is a high technology garbage bin with fill level sensor, geo-tracking, and solar-powered features.
GreenMarket, an online portal for micro, small, and medium enterprises of natural products, received the People’s Choice award which was done by the audience who had the option of investing their pre-given bills of fake money in the name of the business they believed in.
Fr. Joel Tabora, university president, remarked on how the university has begun on leaning towards entrepreneurship.
“I hope this is the beginning of the history in Ateneo de Davao University [where] we now go into the direction of entrepreneurship. It is not just an entrepreneurship of business but also an entrepreneurship for nation-building,” Tabora emphasized in his closing remarks.
He also praised the initiative of School of Engineering and Architecture Dean Randell Espsina.
Tabora promised his support especially by offering the resources of the university to aid such endeavors.