R.I.S.E. Criteria

ELIGIBILITY


R.I.S.E. is open to individuals or groups who are part of an early-stage startup, with at least 1 Filipino founder, and whose members are all at least 18 years old.

 

PARTICIPATION

  • You can participate as an individual or as part of a team with a maximum of 5 members. 

  • To participate, you must register through the R.I.S.E. website and attend a virtual briefing.

  • As a participant, you will be required to – 

 

Build a creative and innovative business in any of the following industries:

  • Agriculture

  • Tourism

  • Logistics

  • Automotive

  • Beauty & Cosmetics

  • Construction

  • Environmental-Sustainability

  • Finance

  • Food & Beverage

  • Gaming

  • Entertainment

  • Government

  • Health & Fitness

  • Healthcare/Medical Products & Services

  • Legal

  • Manufacturing

  • Technology

  • Wholesale/Retail/eCommerce

  • Human Resources, etc...

 

Submit a video of the project pitch (no longer than 5 minutes) with visual presentation of the innovation and answers to these questions:

  • What problem are you trying to solve?

  • What is your solution?

  • How big is the market for your solution?

  • Why are you the individual or team to solve the problem?

  • What can you do with Php 500k and 3 months?

  • 20 qualified entries will be chosen to pitch during the Pitching Event on April 8, 2022. 

  • Each participant or team must be available for the Question and Answer session on April 8, 2022 to demonstrate their entry. Failure to do so will allow a replacement. 

  • (Multiple entries / projects from participants is allowed. Incomplete entries may be disqualified.  Switching teams is not allowed.)
     

SCORING OF ENTRIES

  • A panel of 5 people with relevant expertise will be responsible for judging entries. Determination of eligibility and compliance is at their discretion.

  • Entries will be judged according to the following criteria: 
     

  1. originality/creativity/innovation (25%)

  2. analytical skills (25%)

  3. strategic thinking (25%)

  4. practical implementation (25%)

 

  • The top 8 pitches will receive equity free grants and be eligible to attend a free 12-week mentoring program to help their businesses evolve. The final list of winners will be posted on the RISE website.

 

The decision of the judges will be final. Entries may be subject to a due diligence review at any time for eligibility and compliance with these terms.