Rationale:

 

The Philippine Startup Challenge is a startup competition which aims to encourage and inspire college students to create innovative and relevant ICT services that may also be viable business ventures. This initiative is geared towards promoting the spirit of entrepreneurship in ICT among the youth and also to ensure the continuous creation of investible ideas and startup founders that will liven the local ecosystem.

 

PSC includes Startup bootcamps and business workshops in different regions to help the mentors gauge the mechanics and immerse them to the startup scene. The competition will be open for submission of entries that cover software and internet-based innovations. ICT champions and mentors from the industry will be invited to guide the teams through the development of their ideas. Judges will also be invited from the incubators, accelerators and investment sector to evaluate and validate the potential of the entries. The over-all execution and management of this event will be done in coordination with the Philippine Software Industry Association with the guidance of the startup advisory council composed of entities from different sectors of the startup community in the country.

 

BASIC MECHANICS:

  1. School entries should be represented by a team of four (4) (3 students and 1 faculty adviser) composed of technical (IT, computer studies or engineering) and non-technical members. The faculty adviser must attend at least one (1) PSC Mentor’s

NOTE: Representatives of schools who have attended the Lean 101 Startup Bootcamps in 2014 – 2017 are automatically eligible to submit a team for the Philippine Startup Challenge 5.

 

  1. Teams must completely fill out and submit the PSC Application Form and such other forms as may be
  2. Student participants must be enrolled any time between academic years 2018-2019.
  3. Participants should not be in any way involved in any part of the execution or administration of this
  4. Each school can submit multiple entries provided that all of them meet the eligibility criteria/ requirement set forth for the
    1. Each team coming from the same school can have the same mentor / faculty
    2. Qualified student individuals are only allowed to join one (1) team for this
  5. Submission Requirements:
  6. Application form
  7. Three (3) minute video pitch
  8. Business Model Canvas (pdf)
  9. Validation board (pdf)
  10. Submissions will be consolidated through an online portal

 

CONTENT:

  1. Name of your startup and
  2. Names and roles of your team
  3. Describe the problem being
  4. Describe customer/s and their persona/s.
  5. Quickly describe the solution to the
  6. Prove that the problem and solution are valid using VALIDATION

Note: Fill out and submit complete PSC application form, Validation Board and Business Model Canvas

 

THE SELECTION PROCESS:

  1. A Regional Selection Committee shall review, evaluate and determine the teams who will advance to the next phase of the
    1. The Selection Committee has the right to disqualify any incomplete or illegible entries that they They are not responsible for entries that they do not receive for any reason, or for entries that they receive but are not decipherable for any reason.
  2. Coaches/mentors will assess the top teams who will receive coaching sessions and pitch during the finals.
  3. At least three (3) mentors should be present in each of the mentoring These mentors will provide technical and business advice as well as evaluate the performance of the teams.
  4. At least Five (5) JUDGES will be present during the final pitching event to declare the winners of the Philippine Startup Challenge

 

CRITERIA FOR JUDGING:

  1. Customer Validation
    Are teams building something that people actually want? How well does the team understand their customer and their customer’s needs? Did the team get out and talk to customers? What is the value proposition to customers?
  2. Execution and Design
    Have they established a minimum viable product (MVP) for the weekend, such as software or hardware, etc.? Did they build the minimum set of features needed to start collecting data? Does it deliver a compelling and captivating user experience? Were they able to demo something functional?
  3. Business Model Validation
    How does the team plan on making this a successful business? Have they thought about (either solved or identified problems) competition, how to scale, acquiring customers, their revenue model etc? How will they acquire their first 100 customers?

 

 

 

 

 

 

TIMELINE:

 

ACTIVITY DATE
PSC 5 Launch August 23, 2018
Submission of PSC Entries October 15 – November 15, 2018
Judging of Entries November 15 – November 30, 2018
Announcement of Top 24 Teams December 7, 2018
Regional Coaching of Top 24 January 28 – February 8, 2019
Submission of improved BMC, Validation and Video Pitch February 15, 2019
Judging period to select the top 10 finalists February 15 – March 15, 2019
Announcement of Nat’l Finalists March 19, 2019
PSC 5 National Finals April 5, 2019

 

IMPORTANT NOTES:

  1. The intent and spirit of the Philippine Student Challenge is to test the skills and creativity of the students participating in this Anyone acting as a team coach, mentor and/or adviser must limit the level of support provided to students to general guidance and must not contribute in any way that may be considered original authorship, or in a way that may enable claims of rights or ownership to the submitted entries.
  2. It is CRITICAL that the teams that qualify for the Top 10 Finalist should present a Minimum Viable Product (MVP) during the final pitch
  3. Each team’s entire entry must only include material that is owned by the team or have permission from the copyright/trademark owner to use.
  4. The PSC organizers will advise the teams/mentors should there be significant changes to this program.
  5. The PSC organizers reserve the right to disqualify or reject any entry that they, in their sole and absolute discretion, determine does not meet the
  6. The decisions of the JUDGES are final and binding in all matters related to the

 

 

Contact person:

 

 

Ms. Camille G. Borlongan

Project Lead, seedPH program

Email: camille.borlongan@dict.gov.ph

Landline: (02) 920-0101 local 1101