Eco-Biz Challenge now open in El Nido

Residents of El Nido have the opportunity to participate in the Eco-Biz Challenge, and win P50,000 to make their eco-friendly business idea a reality.

The competition will encourage business ideas that address four key environmental issues identified - food insecurity, fish catch decline, deteriorating water quality, and loss of mangroves.

Successful applicants will have the opportunity to participate in a three-day workshop to assess the viability of ideas and develop key skills for new entrepreneurs, and to build local economic development support to increase the likelihood of their success.

Finalists will be selected on the merit of their idea which must have a positive impact on the environment and be commercially viable.  Successful applicants will have the opportunity to:

• Gain valuable business training during tailored workshops
• Shape their proposal into a solid business plan
• Work with experienced mentors
• Obtain funding for their proposed idea (for the three winners)
• Turn their business idea into a reality

How to enter? 

1. Get your application form from your Barangay Secretary
2. Write your eco-biz idea
3. Return the completed application form and wait for notification

Applications closing in July following a series of workshops.