Wednesday, October 22, 2008

Investor Matching Continues...

To sustain its investment matching activities for entrepreneurs of BiD Challenge, PBSP participates in the monthly investor’s forum of the Philippine Venture Capital Investment Group held at the Asian Institute of Management. This activity provides entrepreneurs the opportunities to pitch their business ideas to a captive group of serious and interested investors, gain valuable advice & feedback from veterans regarding their venture projects and have a forum where they can show prototype products & services that they can produce & offer on a large scale in connection with their venture projects. For August and September 2008, the following entrepreneurs took part in said investor’s forum:

CMC VENTURES/FILGENUITY, INC., producer of KINGSGRILL and last year’s Philippine representative to the International BiD Challenge in Netherlands. Called re-engineered fuel, kingsgrill is a coconut based charcoal briquette that is gaining headway in the international market. Represented by Conrado Contreras and Romy Miranda, the company is seeking for strategic partners and additional investment to expand its marketing and distribution capacities.(www.kingsgrill.com)

GREENFIELEDS TECHNOLOGICAL INNOVATIONS INC. manufacturer of METHEX biological insecticide. Methex is a chemical free insecticide that uses fungal strain as its active ingredient. It is good for rice, mango, leafy vegetables and fruits. Safe to farmers and consumers as it does not leave any toxic chemical residues, it is also environmental friendly as it kills only targeted organisms and saves beneficial insects. At the investor’s forum, its owner Joanne Heather Tañedo says, they need additional capital for expansion and strategic partners to distribute and market their product to provincial agricultural cooperatives. They also seek partnership with the big food companies such as Dole, Marsman, Drysdale and San Miguel. (www.greenfieldstech.org)

BAYCRAFTS ACCESSORIES offers designer costume jewelries. Set up by Marianne Olano of Naga City, this four year old enterprise is making waves in local trade fairs and is now also getting into the international market. This enterprise wants to expand its distribution network through wholesalers here and abroad and is tapping the PVCIG for support. (www.baycrafts.net)


BOTE CENTRAL INC., Its carrier brand is COFFEE ALAMID and includes the following products: Philippine Civet Coffee, green coffee beans, roasted coffee, coffee processing machines, roasting facilities, vending machines and espresso machines. At the investor’s forum, its representative Alvira Reyes says they are now ready to franchise as ALAMID CAFÉ & RESTO. The café is envisioned to be a high end coffee and cocktail gig. Inside an Alamid Café & Resto is a roasting machine; international standard, community sourced foods and crafts and; Specialty Philippine Origin Coffee. (www.Arengga.com)

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