A business plan to make and sell frozen dessert with malunggay and carrots won the nod of judges yesterday who chose Business Administration students from the University of Cebu in Lapu-Lapu and Mandaue (UCLM) as winners of the My Business Idol contest.
Johnroy Lastomen and Mary Joy Celoso, 4th year business administration students, impressed judges with their product, Malunggay Sherbet with Carrots, and their business plan among four other entries in the contest held as part of the celebration of Mandaue Business Month.
The students and their coaches UCLM BA faculty members Marlon Montecillo Jr. and Veril Rodulfo Jr. made up the UCLM team that won the P50,000 top prize.
The winning entry is a frozen food made of milk, cassava starch, malunggay, and carrots, which is aimed at providing good nutrition at a price of P5 per cone. The project had a startup capital of P100,000 and projected return of investment in 13 months.
“Food is something that can’t be matched because food is always a staple,” said furniture designer and exporter Kenneth Cobonpue, a judge in the panel.
Cobonpue was one of five judges in the My Business Idol contest with Jack Gaisano of Vicsal Development Corp., Julita Urbina of Cafe Laguna, Butch Carungay of Avatar Accessories Inc. and businessman Romeo Briones.
Johnroy Lastomen and Mary Joy Celoso, 4th year business administration students, impressed judges with their product, Malunggay Sherbet with Carrots, and their business plan among four other entries in the contest held as part of the celebration of Mandaue Business Month.
The students and their coaches UCLM BA faculty members Marlon Montecillo Jr. and Veril Rodulfo Jr. made up the UCLM team that won the P50,000 top prize.
The winning entry is a frozen food made of milk, cassava starch, malunggay, and carrots, which is aimed at providing good nutrition at a price of P5 per cone. The project had a startup capital of P100,000 and projected return of investment in 13 months.
“Food is something that can’t be matched because food is always a staple,” said furniture designer and exporter Kenneth Cobonpue, a judge in the panel.
Cobonpue was one of five judges in the My Business Idol contest with Jack Gaisano of Vicsal Development Corp., Julita Urbina of Cafe Laguna, Butch Carungay of Avatar Accessories Inc. and businessman Romeo Briones.
UC Nursing CESDEV jubilates with the UCLM team. Through the Malunggay planting initiative of CESDEV Nursing, the recent achievement of UCLM bring some inspiration that soon, malunggay will be fully integrated in the daily food plan of the people.
Congratulations, UCLM!
