Alcoffea Tiles from Far Eastern University is preparing for its pitch in the Creative Business Cup Global Finals in Copenhagen, Denmark.
“Alcoffea Tiles” was originally a business plan thesis presented to the Institute of Accounts, Business and Finance (IABF) Business Management Department last year.
The group is composed of FEU Business Administration Major in Business Management students Shannen Clui P. Anabo, Almira Merlyn T. Limjoco, Micah Krisz M. Fernando and Mae Dhannesie C. Abuzo with Prof. Mark J. Santiago serving as mentor.
The group won the right to represent the Philippines after winning the Creative Business Network’s Creative Business Cup Philippines held last November 17, 2018 at the FEU Auditorium. The event was organized in collaboration with the Young Entrepreneurs Society Philippines (YES!).
Crucial in their preparation is the review of the relevant business concepts and practices learned from the mentors at FEU.
“Professors helped us develop our critical thinking abilities, decision-making skills, and interpersonal skills. But most importantly, FEU taught us to lead, support and guide each other,” according to Anabo, Founder of Alcoffea Tiles.
The main goal of the proposed start-up company is to introduce “Coffee Tiles” or tiles made from coffee waste. Coffee waste can be a cheaper alternative to clay, a major component used to produce traditional tiles. The tiles are eco-friendly, affordable and have acceptable mechanical features.
The coffee community in Amadeo, Cavite can greatly benefit from the project if it materializes and will also help solve a known predicament in the tile industry, according to Anabo.
“Winning the competition was beyond our expectation. I was very passionate to pitch an idea in front of business professionals because I believe it will help a community. The competition provided us a great learning experience and we are extremely grateful for this opportunity.”