Press Release: Startup Weekend Micronesia produces sustainability-focused business ideas
For more information, contact:
Jonas Macapinlac
Chief Marketing & Communications Officer
University of Guam
Tel: (671) 735-2944
Cell: (671) 787-1010
Email: jmac@triton.uog.edu
Three sustainability-focused business plans came out of the Startup Weekend Micronesia event hosted online from April 31 to May 2 by the University of Guam Entrepreneur Society student organization, UOG's Center for Entrepreneurship and Innovation, and the Pacific Islands Small Business Development Center Network.
With the assistance of Northern Marianas College, the College of Micronesia-FSM, and SBDC centers throughout Micronesia, the weekend-long event engaged a total of 31 participants on eight islands throughout Micronesia with the dream of starting their own business.
Participants pitched their business ideas with a focus on sustainability. The participants then formed teams and built business plans to turn the most feasible ideas into small-business startups. The teams pitched their startups to a panel of judges who determined the winners.
“We encourage all the teams to make their new business plans a reality,” said Jeresa Camacho, an officer of the Entrepreneur Society at UOG.
The winning teams were as follows:
The winners were awarded a selection of sustainable gifts as well as gift certificates and laptop bags, AirPod Pros, and Yeti products.
The event is associated with Google Techstars Startup Weekend, a program that has been launched in more than 150 countries across the world that teaches aspiring entrepreneurs how to create a real company.
UOG graduate students in the Professional Master of Business Administration program and the Pacific Islands SBDC at UOG first brought the Startup Weekend event model to Guam in 2014, to Saipan in 2016, and to Palau, Chuuk, Kosrae, Yap, and Pohnpei for the first time in 2019.