Sunday, March 19, 2006

ONIA 2005-2006 Holds two-day finals

The Oriental Negros Innovation Awards Finals was held February 16-17 at the Flores Hall of Foundation University, this city. The activity started off with Round Table Discussions and Cocktails on day 1, with the three (3) ONIA judges as main speakers. The judges were: Mr. Jay Bernardo, AIM professor and multi-awarded CEO; Mr. Mohan Kulkarni, TeleTech’s Vice-President for Business Development and CEO of FinSource, a TeleTech subsidiary; and Mr. Richard Cruz, another AIM professor and consultant.


The Judges: Richard Cruz, Francisco "Jay" Bernardo, and Mohan Kulkarni

Day 2’s main events were the elevator pitch segment, with the five teams’ representatives giving 90-minute summaries of their respective team’s business plans, and the final 20-minute presentations of each team. Immediately after the presentations and Q&A with the judges, an awarding ceremony was held, and the following came out as winners: The Aces Trailblazers of ACSAT won the grand prize of P50,000.00. The team’s innovation, the automated rice seedbed protection (ARSP), uses sensors to regulate heat and moisture in a seedbed that creates an environment conducive for the growth of seedlings. It has been a collaborative effort of Lou Gallego, team leader, Ritchel Baldado and Susan Ofamin, under the mentorship of Engr. Jasmin Bala.


Grand Prize Winner: Aces Trailblazers


ProTek’s Watchdog24 won second place and P25,000.00. The wireless security system innovated by the team from Silliman University, monitors the status of a site for 24 hours and reports an event to the user or persons pre-assigned within 2-3 seconds through a text message. Third place and P10,000.00 went to e-Ureka’s iKard, a service-based customized prepaid card for single use that provides access to order products from the internet and eliminates the waste of unused balance. The product was a collaboration of students and from SU, ACSAT and SPUD. Incidentally eUreka won the elevator pitch competition and another P10,000.00.

Elevator pitch winner: eUreka

Since it started three years ago, ONIA has been run by DTI and funded by the Provincial Government of Oriental Negros through the Business Development Foundation and the One-IPC, with the support of the TVB Group and the various Higher Education Institutions of the City of Dumaguete.