Team Eligibility:

Based on the history of the MIT $50k Entrepreneurship Competition winners, we have observed that the most successful teams are highly diverse. They include members from different backgrounds and a variety of university departments. Collaboration and interdisciplinary thinking are highly encouraged.

PESO seeks to capitalize on the strength of diversity and we require competing teams to meet the following requirements:

•  Business plans are submitted by teams of 3-5 members, with at least one member with a technical and one member with business management expertise

•  At least one member of the team must be a Filipino enrolled at a degree program at a Philippine institute of higher learning

•  Other members may be students, faculty or professionals

•  The student must make the presentation