Three (3) Winners Selected For ENTERPRISE HATCHERY 2012!

        It was a day-filled with joy, for the three (3) winners chosen from this year's batch of business plan entries. Enterprise Hatchery, a project of Santeh Aquaculture Science and Technology Foundartion, Inc. picked these three business plans for this year’s competition that will each receive their requested start-up capital in the form of an investment.  The three were selected by a panel of judges consisting of professors from the Asian Institute of Management (AIM). The three winners are as follows:

“Zupao” –  Fish siopao production and marketing business. The novel siopao is offered as a healthier alternative to the conventional meat based siopao and will be marketed through mall-based food carts.  Entrepreneurs: Joann Nicolas and Farramae Francisco from the University of the Philippines Visayas (UPV)

 “Biofloc Based CultureTechnology: Shrimp in the City –Food by the Bedside” a low maintenance re-circulating shrimp and tilapia production system which can be set up anywhere in an area of no more than 100 square meters. Entrepreneurs:  Rey Alaban, TJ San Diego, Vianney Ojerio and Karen Grace Andrino from the University of the Philippines Visayas (UPV).

 “Food Trip” – Mobile canteen and catering business, selling healthy fish products, including bangus-based value meals. Bangus will be sourced from a  processing enterprise operated successfully by Muslim women and an electric van will be used as the food mobile. Entrepreneur: Jonah Nobleza from Davao City who graduated from UP Diliman.

       The proponents made their final pitch at the Makati Sports Club on October 2, 2012 and received their Certificate of Recognition on October 4 from no less Agriculture Secretary Alcala as part of the opening program of Agrilink/           Foodlink/Aqualink 2012 at the World Trade Center

       Enterprise Hatchery was launched by Santeh Foundation  late last year to identify and help passionate young entrepreneurs build their own successful business in fisheries. For next year’s competition, Enterprise Hatchery 2013, the contest has been expanded to include agriculture business.  Winning entries can receive up to half a million pesos as start up capital.

    To equip students with the skills to develop an idea into a business plan and to create awareness in universities and colleges on Enterprise Hatchery 2013, a series of boot camps is being held in various areas in cooperation with an educational institution as co host. For Northern Mindanao this was held at MSU-Naawan, Misamis Oriental on July 27, 2012. For Central and North Luzon at CLSU in Muñoz, Nueva Ecija  Aug 30 -31. Western Visayas Boot Camp shall be held in UP Visayas Iloilo City campus on Sept 15 to 16.  For the Bicol region this will be held in Bicol University Tabaco  campus in  Albay, and for Southern Mindanao, at  MSU-General Santos.

    The contest is open to all Philippine residents aged 18 to 35 with a deadline of submission of business plans on March 30, 2013. Contest details, entry form and business plan templates can be downloaded from http://www.santehfoundation.org/enterprisehatchery/

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