Ladies and gentlemen, good afternoon! It is my pleasure to be here at the Venture Pilipinas: Startup Venture Fund Pitch. Pursuant to the Innovative Startup Act, our attached agency, the National Development Company (NDC) has allocated PHP 250 million (or an equivalent of USD 5 million) venture fund for Philippine-based tech startups. This fund would continue reading : Keynote Message of Trade Secretary Ramon M. Lopez, Startup Venture Fund (SVF) Launching & Venture Pilipinas Pitching Competition
Manila ranks among top Asian startup ecosystems in annual Global Startup Ecosystem Report
The Global Startup Ecosystem Report (GSER) 2021 featured anew the Philippine startup ecosystem. Ranking among the top 30 Asian ecosystems in terms of performance, the value of Manila’s startup ecosystem is at USD584-M, with USD101-M in total early-stage funding over the last 2.5 years. Globally, affordable talent (or the ability to hire tech talent) is continue reading : Manila ranks among top Asian startup ecosystems in annual Global Startup Ecosystem Report
Innovative Startup Act to provide incentives for startups and enablers
MAKATI – The Department of Trade and Industry (DTI) is one of the lead agencies in implementing the recently signed Republic Act 11337 or the Innovative Startup Act. The new law will help startups and startup enablers by providing incentives like travel grants, access to a Startup Venture Fund, and assistance in getting visas and continue reading : Innovative Startup Act to provide incentives for startups and enablers