AFFI to hold EntrepOlympics© for youth empowerment
The Association of Filipino Franchisers, Inc. (AFFI), the prime trade organization committed to promoting responsible and home-grown micro, small and medium enterprises through franchising, will launch an activity focused on the youth called EntrepOlympics.©
The EntrepOlympics© 2018-2019 Food Edition is a competition with the aim of sparking an entrepreneurial mindset among them. It is open to senior college students taking up any business- or food-related course with food business concepts that they may want to franchise in the future.
To join EntrepOlympics©, schools are encouraged to choose their participants, whether individual or groups with maximum of five (5) members per group, with up to three (3) contestants per school. The students should be registered in the participating school, and startup capitalization for the business concept should not exceed Php 500,000. Using technology, contestants can submit their concept papers and pitch their business ideas online to the AFFI Panel of Judges. There should also be a Letter of Endorsement from the School President, plus personal profiles of each participant.
From all entries submitted online, Twenty (20) semi-finalists will be chosen, who will then participate in a 3-day Entrepreneurial Boot Camp. Fifteen (15) finalists will then be chosen to move on to the next level of competition, where each finalist will be assigned their respective AFFI coaches who will help them see their business ideas come to life and prepare them for the “testing” stage of their concepts.
After this, the finalists will then be given the opportunity to test their business ideas through actual selling of their products at various food selling hubs such as Mercato Centrale, Legaspi Sunday Market, and Department of Trade and Industry (DTI) trade fairs.
For the competition’s last stage, the 15 finalists will pitch their ideas to the AFFI Panel during the 3-day “AFFI Franchise and Business Expo” in February 2019 and showcase their products with their own booths.
Criteria for selecting the winning business concept includes feasibility, franchisability, concept uniqueness, optimization of the startup capital, financial viability, and presentation impact.
Five (5) grand finalists will be chosen among the Top 15. The 4th to 1st placers will receive plaques and medals, AFFI membership certificate, eligibility to participate in AFFI learning events, free 4-square meter booth at the 18th AFFI Franchise Expo in 2020, consolation cash prize, free 1 ticket each to the 2nd AFFInity Summit and a dedicated Mentor-in-Charge. The Grand Winner, meanwhile, will receive a Seed Capital of Php 250,000, free 5 tickets to the 2ndAFFInity Summit, free 6-square meter raw booth space at the 18th AFFI Franchise Expo in 2020 and a dedicated AFFI mentor, aside from the AFFI membership and entry to AFFI learning events.
“The EntrepOlympics© is our own way of discovering young talent to go into entrepreneurship already, and what better way to start than going to the schools. This activity definitely fulfills part of our AFFI slogan ‘Para kay God, Para sa Bayan, Para sa AFFI,’ where everything we think and do are for God’s glory, our countrymen and of course, members of AFFI,” affirms AFFI President Marie Joyce Co Yu, who is also President and CEO of Trueblends Tea & Coffee.
To register for the EntrepOlympics©, visit https://tinyurl.com/EntrepOlympicsYr1 or call Ruel Miclat, Jr. (RJ), AFFI Assistant Event and Project Coordinator, at (02) 745-3237, 0917-5199837 or email info@affi.com.ph.
For more about the Association of Filipino Franchisers, Inc., visit http://affi.com.ph or follow them on Facebook, www.facebook.com/affiempoweringentrepreneurs, or Twitter (@AEntreps). AFFI is headquartered at the AFFI Center, Unit 406, A.N.Y. Building, #38 Timog Avenue, Brgy. Laging Handa, Quezon City. Call AFFI at (02) 746-3237, (02) 957-8486 and (02) 504-3693, or through 0949-8890758, 0917-5182334 or 0917-5199837. You can also email AFFI at info@affi.com.ph or membership@affi.com.ph.
Category:
Business
I have never verified throughout here for ages since i have thought it was finding dull, though the last few threads are perfect high-quality
ReplyDeleteso I speculate I'm able to combine a person back in my own regularly bloglist.
Anyone need this my friend ??
Thanks a lot significantly regarding discussing the following with persons
ReplyDeletethat you discover precisely what you’re communicating in approximately!
Book marked. I implore you to equally talk to this site Is equal to).
We were able to employ a connect industry transaction in our
midst!
I’ve looking on on the net above Three hours at this
ReplyDeletetime, however Irrrve never observed any kind of unique posting enjoy the one you have.
It’s attractive definitely worth sufficiently for me.
Professionally, any time virtually all website plus folks made good articles once
you do, the online market place can be significantly more advantageous
than in the past.
Very good blog post. I really became aware of a blog page plus tried
ReplyDeleteto believe that Concerning truly enjoyed shopping your
blog site blog posts. Naturally I’ll wind up being signing
up your rss feed we hope you craft ever again fastly!
delightful problems most of the time, you merely gotten a whole new subscriber.
ReplyDeleteWhat may well you strongly recommend in relation to a person's post that you simply created a full week gone by?
Any kind of confident?
Superb posting. I was looking at constantly this blog and also I’m impressed!
ReplyDeleteVery useful material mainly the continue section ??
Simply put i attend to such information a lot. I have been looking for
this approach a number of tips for several years.
Thank you so much and best associated with chance.
I have already been searching for the little for virtually every quality articles or blog posts about this
ReplyDeletetype of locale . Searching with Google My spouse and i decreased stumbled upon this site.
Encountered this facts Which means that i’m prepared
to impart when i offer an amazingly wonderful uncanny experience I discovered precisely
what I want. I really definitely will guarantee so that you can don’t neglect this url and provide it a
search constantly.
It really is such as you browse my thoughts! Creative ideas knowa ton regarding it, like
ReplyDeleteyou published it inside or something.I feel that you can use one or two snap shots to drive
a car your message household some, yet insteadof
who, that is fantastic website. An incredible go through.
I’ll certainly come back.
It is usually truly a very good plus useful part specifics.
ReplyDeleteI will be completely happy that you propagated this helpful specifics about.
Please make sure to stop us current along these lines.
Appreciate telling.
Very good place. I got viewing continually this website
ReplyDeleteand even I’m delighted! Helpful facts specially the very last a
part ?? My spouse and i take good care of such information significantly.
I have been seeking out this particular several info for some time.
Thanks a ton and best about good fortune.
Fine write-up, My organization is ordinary targeted
ReplyDeletevisitor connected with one¡¦s blog, manage inside wonderful manage, and it's gonna be a consistent customer for
long periods.
My spouse and i aside from my girlfriends were looking
ReplyDeletethrough the wonderful details on your web sites in addition to fast created a dreadful suspicion I never thanked to the site pet owner for anyone strategies.
The girls used to be therefore pleased to went through every one of them and have absolutely
simply unquestionably become enjoying things. Many thanks for
genuinely simply considerate along with making a choice for selected worthwhile
matters scores of everyone is honestly willing to understand
more about. Your straightforward are sorry for due to to thank you early on.
Thanks considerably for the purpose of writing this unique boost folks an individual are aware of exactly what
ReplyDeleteyou’re presenting close to! Saved. Please too speak to my website =).
We could possess a hyperlink commerce transaction among us!
Great internet site. A great deal of important information right here.
ReplyDeleteWe are sending this to various pals ans in addition revealing on mouth watering.
And clearly, appreciate it to your own work!
Vehicle's where you stand your specifics, although outstanding niche.
ReplyDeleteMy partner and i really should invest some time getting to know
much more or perhaps comprehension a lot more. Appreciate you brilliant
info I was seeking these facts for my task.
wonderful areas once and for all, you only collected a
ReplyDeleteemblem unique visitor. The things will probably an individual recommend concerning your provide you
produced a 7 days during the past? Just about any of course?
That i dugg a number of everyone blog post because i cogitated
ReplyDeletethey were actually extremely helpful invaluable
I’m willing to see this. This is actually types of guidebook to be granted without having to any
ReplyDeletehit-or-miss data that’s around the many other
sites. Many thanks for showing that greatest physician.