The COMTEQ G-Wizards were awarded the second place in the first-ever intercollegiate nationwide contest entitled, “G-Nius: the Search for the Great G-Cash Idea” on November 17, 2005 at the Filipino Heritage Library. This contest was organized by Globe Telecom to give the youth the opportunity to create creative and innovative ideas on how to use Globe G-Cash to fulfill consumers’ needs.
The members of the G-Wizards are Jonathan Beduya (team leader), Ken De Guzman, Hasmin D. Cuevas, and Barbra Gonzaga and were lead by their coach, Mr. Ed Joaquin. They received a plaque and P50,000.00 cash prize. Though they were hesitant and doubtful of their abilities at first, the whole team worked hard in finishing their entry for the contest. They came up with the idea of “G-Cash Premium. This business plan focuses on improving G-Cash and making it more convenient and more accessible by allowing automatic reload of their G-Cash wallet from their registered bank accounts by simply using their mobile handsets. In addition, the team’s business plan aims to give consumers more purchasing power by using their adding credit service to their G-Cash accounts.
Among the many schools that COMTEQ has bested are Central Mindanao University (third placer), STI College-Lucena (fourth placer) and College of St. John-Roxas (fifth placer). And though they failed to beat Kalayaan College, winner of the G-Nius contest, the COMTEQ G-Wizards as well as the whole COMTEQ College is happy and proud because this only shows that the college truly has intelligent and creative students who can compete against representative from far bigger schools.
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Related Article:
Globe taps youth market for G-nius ideas
December 9, 2005, 8:00am
Globe G-Cash, the world’s first wireless and cardless m-commerce platform, upholds its commitment to redefine and expand the borders of Filipino m-commerce, with their recent recognition of mobile innovations generated by G-Nius: the Search for the Great G-Cash Idea. Organized by Globe Telecom and G-Xchange, Inc. — its wholly-owned subsidiary tasked to oversee the development of G-Cash – the competition aimed to foster creative thinking and business acumen among the youth by giving them an opportunity to develop m-commerce applications based on their needs and experiences.
Five regional winners representing North and South Luzon, National Capital Region, Visayas and Mindanao respectively, were selected to further develop their initial product concept into a full-blown business plan. This was presented to a panel of judges including Dean Eduardo A. Morato of the Asian Institute of Management Asian Center for Entrepreneurship, Dr. William Medrano, Executive Director of the Commission of Higher Education, Chairman Paolo Benigno A. Aquino IV of the National Youth Commission and Rodell Garcia and Mario Domingo of Globe Telecom.
Kalayaan College’s Titan Research beat the nationwide entries to gain top G-Nius honors, with their G-Cash application, “The 4Gs,” a multi-faceted program which seamlessly integrates m-commerce technology with transport and toll payments, while enhancing the service’s existing retail functionality with a rewards program and exclusive mobile shopping portal.
“Personal experience played a great part in the formulation of our concept,” said team captain David James Ramos. Their enhancement of G-Cash retail services, in particular, were inspired by frequent shopper points and online shopping websites like eBay which require credit cards – a luxury that few young people can afford. “Our goal was to make G-Cash more relevant to the mobile public, especially to the youth,” he added.
Second-placers Comteq G-Wizards, on the other hand, focused on making G-Cash more accessible and convenient with “G-Cash Premium,” a bank partnership that allowed automatic G-Cash mobile wallet cash transfers with registered bank accounts. “Our group observed that the basic impediment to the use of G-Cash was the cash-in process, and this is what we sought to address,” says Jonathan Beduya, who led the contingent representing Comteq Computer & Business College of Olongapo City. Other m-commerce applications that made it to the final round include shopping and auction portals suggested by teams from STI College-Lucena and Central Mindanao University and a G-Cash powered livelihood website from College of St. John-Roxas.
Source: www.mb.com.ph – Globe taps youth market for G-nius ideas