SM Supermalls recently hosted the annual Teenpreneur Challenge Expo last October 12 to 13 at the SM Megamall Event Center as part of their effort to support social entrepreneurship.
The Teenpreneur Challenge, spearheaded by the Entrepreneur School of Asia (ESA), is an annual 14-week competition wherein high school teams each innovate livelihood products from underprivileged communities. This year’s beneficiaries were micro-businesses in Malabon, Boni and Caloocan.
According to ESA Director of Academics Eduardo Silva, the competition, which is now on its seventh year, is directed towards helping uplift the lives of various underprivileged communities. “The culminating event is the expo here at SM Megamall, where we have held it for the last five years. And every year, with the help of our partners, it has been a big success. We’ve helped over 1400 students, over 100 communities, and we’ve raised a couple of million of pesos in the process,” he says.
Three categories were awarded, focusing on the innovation, design and sales achieved by the students during the entirety of the competition. In the Best in Product Innovation category, Miriam College High School won first place for their tomato jam project, while St. Paul College Pasig (new global flavors of siomai) and Xavier School (pan de choco) ranked second and third, respectively. Meanwhile, Lorenzo Ruiz de Manila School won Best in Sales, followed by St. Paul College Pasig in second. Ateneo High School and Colegio San Agustin were tied at third.St. Paul College Pasig bagged the Best in Booth Display award, while Ateneo High School and Aquinas School bagged second and third, respectively.
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