Shell LiveWIRE partners with BCYF to recognize innovative entrepreneurs

The flagship enterprise program of Pilipinas Shell Petroleum Corporation (PSPC) has forged a partnership with the Benita and Catalino Yap Foundation (BCYF) to recognize and boost creative entrepreneurship.

In a statement, PSPC said that the Shell LiveWIRE Program supports the 2022 BCYF Innovation Award (BIA), saying that it is aligned to the foundation’s objective of recognizing individuals or organizations who have made significant improvements in sectors like governance, education, tech, and industry.  

At the BCYF awarding ceremony scheduled this coming February 25, Pilipinas Shell’s award will be given to participants recognized for doing outstanding work in the categories of energy, environment and circular economy, and local prosperity.  

“Innovation is essential to the development of industries as well as Shell’s commitment to power progress for the nation,” PSPC Country Social Performance and Social Investment Manager Conrad Parizal was quoted as saying.

“The LiveWIRE program has supported more than 20 enterprises in the Philippines and fueled startups with offerings that can solve longstanding socio-economic challenges. Our partnership with the BCYF shows Pilipinas Shell’s commitment to the continuous discovery and empowerment of courageous visionaries who can make radical beneficial changes through power, sustainability, and entrepreneurship,” he added.

The award is part of the BCYF’s Comprehensive Social Development Program, which is dedicated to research, education, events, and developmental social enterprise. It was conceived as a result of the meeting with various organizations, especially those with young leaders who have developed breakthroughs that improved their business operations and provided value to their stakeholders.

One of the BIA’s main criteria is that the nominee’s innovation must have been implemented in a viable, functioning, and registered organization at least in the last five years.

“The nominated individual or organization also must have a minimum of two years of profitable operations, both on the Profit and Loss and Cash Bases. Their innovation must have a visible, significant consequence on the company’s bottom line,” PSPC shared.

Any member of an organization or business can join the 2022 BCYF Innovation Award. Self-nomination is encouraged.

Aside from filling out the required nomination forms and notarized forms, the nominee must also solely produce and submit to the BIA committee a five-minute-or-less summary video presentation discussing the innovation, its impact, and why it deserves to win the award.  The nominee must also be able to support its proven commitment to sharing the innovation with other companies and groups as well as a 10-year plan for further developing and continuing said innovation.

Additional details for the criteria can be found in the BIA Briefer on their official Facebook Page: https://www.facebook.com/bcyfoundation/posts/5738168636254575.

The final panel of judges include Parizal, along with BCYF’s Chair Antonio Yap, BCYF Executive Vice President Anton Yap and the foundation’s Institute of Policy Co-chair Benjamin Palma-Gi.

They will be joined by University of Asia and the Pacific President Dr. Winston Padojinog and Department of Science and Technology Secretary Fortunato Dela Pena.

The deadline for the submission of entries will be on February 4, 2022 while the judging will be conducted on February 11, 2022.

For more information about the BIA, email bcyf.eds@gmail.com. 

Photos from Pilipinas Shell Petroleum Corporation

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