Our Vision

A Philippine entrepreneurial environment that fosters the creation of new and innovative business ventures that will not only create jobs, but also elevate the knowledge and skill base of Filipinos to ensure their place in an increasingly technology-savvy world.

Our Mission

To establish PESO, an entrepreneurship program and competition in the Philippines, modeled after the MIT $50K Entrepreneurship Competition, the most successful and prestigious of its kind in the United States. We believe that a program such as this can play a major role in realizing our vision of a rich entrepreneurial environment.

PESO has the following objectives:

• To stimulate powerful new ideas and identify ideas with potential for successful incubation and commercialization

• To promote productive interactions between academic, industry, and investment sectors

• To inspire and empower young people to take the path of entrepreneurship by giving them access to proper resources, role models and mentors

• To foster innovation, excellence and professionalism in the entrepreneurship process

Our Beliefs

• Technology and innovation, animated by an entrepreneurial spirit and backed by financial, legal, marketing, PR, organizational and management disciplines, are drivers of growth for the economy

• An entrepreneur is someone who takes calculated risks and who has the technical skills, the initiative and the character to establish a high-growth business

• Entrepreneurs can be trained

• Entrepreneurship is a team activity

PESO: more than your average business plan competition