#Japan #Tokyo #Contest #Side Business #Babylonia

4th Parent-Child Side Business Idea Contest Now Open for Entries

Babylonia Corporation, led by CEO Takuya Noda, is excited to announce the opening of applications for the 4th installment of the 'Parent-Child Side Business Idea Contest'. This contest is designed specifically for families with children from first grade through senior high school, aiming to inspire creative business ideas that can be enjoyed together.

As Japan faces challenges from an aging population and declining birth rates, it's essential for children to develop skills that allow them to navigate and contribute to society. Through engaging in side business activities, children can gain valuable insights into the mechanisms of money and life while discovering their own strengths and interests. In this context, the role of parents—who are the nearest adults—becomes vital in teaching these concepts in a fun and approachable manner.

A Growing Legacy

The contest has steadily gained recognition since its inception. The first contest was featured on Fuji TV's 'Nonstop!', raising awareness of parent-child collaborations. The second set its spotlight with TV personality Moe Fukuda serving as a judge and popular announcer Sachi Yasuda as the host. By the third contest last year, support from the city of Mitaka, where Babylonia is headquartered, was secured, and Mitaka Mayor Takashi Kawamura even provided encouraging comments. With each passing year, the contest has garnered more attention and participation.

For more details on the contest, visit the official site.

Eligibility and Application Process

To participate:

• - Eligibility: The contest welcomes entries from parent-child duos with children in grades 1 through 12. Participants must be able to attend the final judging event on November 30.
• - Application Method: Complete the application form available on the special contest site, detailing a 'side business idea that can be executed together'.

Schedule

• - Submission Deadline: August 31 (Sunday)
• - Document Screening: September 1 (Monday) - September 21 (Sunday)
• - Video Presentation Submission: September 22 (Monday) - October 12 (Sunday)
• - Video Presentation Screening: October 13 (Monday) - October 26 (Sunday)
• - Final Judging: November 30 (Sunday) afternoon at the headquarters of Cambridge Technology Partners in Akasaka, Minato, Tokyo.

Evaluation Process

• - First Round: Evaluation based on submitted documents (1-2 pages)
• - Second Round: Evaluation by presentation video (4 minutes)
• - Final Round: After a Q&A session with judges, scoring will take place.

Judging Panel

The judging panel consists of prominent figures including:

• - Ryo Sakakimaki, President of Cambridge Technology Partners
• - Miki Isogai, Chief Editor at Freelance Corporation
• - Ryoji Oda, President of Dreamers Lab and member of the Japan Influencer Alliance
• - Kai Sugihara, Chief Editor at Plus Ultra Group
• - Several other industry experts

Host

Sachi Yasuda
Sachi is a freelance announcer and mom of two, married to entertainer Daidass. Her impressive portfolio includes roles such as a navigator for Lion's dental health management on 'Nonstop!' and a personality on Hokko Radio Shinagawa.

Awards and Prizes

• - Grand Prize: ¥100,000 and business development support (optional)
• - Excellence Award: ¥50,000 and business development support (optional)
• - Encouragement Prize: ¥30,000
• - Encouragement Awards: ¥5,000 each (x3)

Note: Prize amounts may vary based on the number of applicants.

About Babylonia Corporation

To learn more about Babylonia Corporation, visit here.
For inquiries related to this event, you may contact Takuya Noda at Babylonia Corporation via email at takuya.noda@babylonia-inc.com.