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THE PHILIPPINE START-UP ROADMAP AND THE CURRENT PHILIPPINE ECOSYSTEMEarl Martin Valencia MEng MBAPresident and Co-Founder IdeaSpace FoundationVice-President Corporate Development and Innovation SMARTearlideaspacefoundationorg
THE START-UP ECOSYSTEM HAS A PLANOrigin Start-up Round Table Gathered by DOST ICTO Started in 2013 Issues and Challenges Mapping out of Ecosystem Recommendations of
What to do in 5 years Looking at the Goals for
the Start-up World by 2020
ROUND TABLE CONTRIBUTORS Government Lead Mon Ibrahim and DOST ICTO Senior Consultant Beryl Li Round Table Members
Ideaspace ndash Earl ValenciaPhil Dev ndash Paco Sandejas and Dado Banatao Kickstart ndash Minette NavaretteManila Angels- Christian BeslerPlug and Play ndash Jojo FloresOLX ndash RJ DavidCoinsph ndash Ron HoseLaunch Garage- Jay FajardoPSIA ndash Arup MaityTech Talks ndash Tina AmperSTAC Silicon Valley- Christina Laskowski
4
This was the innovation ecosystem in the PH in 2011
ExpansionScale and Generate revenues
Market and Acquire initial customers
RampD Idea to Product
bull DOST RampDbull PhilDev
bull ICCPbull Narra Venture
Capital
Valuation
Investment Size
Players
lt $100K lt $2-5M gt $5M lt $500K
$10 -50K ~ $500k~ $100K
Idea Flow
Innovation Funding Gap
bull Only the privilegedconnected people get funding
bull Tons of ideas never get commercialized
bull Best brains rather leave the PH than stay
STARTED IDEASPACE TO ADDRESS THE EARLY-STAGE GAP IN 2012
Vision A new Philippine economy that is driven by technology
innovation and entrepreneurship as a path to nation-building Believe that anyone anywhere with a great idea in the country
could be the ldquoNext Steve Jobs of the Emerging Marketsrdquo Do it through 3 Major Initiatives
Inspire Start-up Ecosystem and Community Building (over 90 events per year)
Incubate Idea and Prototype Stage Start-up through an Incubator and Accelerator
Invest Investing in the highest potential early-stage start-ups through a national competition (funded 38 companies from $25k-100k filed 11 invention patents)
The foundation is supported by the First Pacific Group a Asia-focused investment holding company focused on telco agri and infrastructure (constitutes 3-4 of PH GDP) with an initial commitment of $11M USD
SWOT IN 2015 ndash A LOT OF OPPORTUNITIES AND CHALLENGES
2015 Start-up Competition Highlightsbull 1028 team submissions
(+60 y-o-y)bull 15 countries representedbull A submission from every
region in the Philippinesbull 50 outside of Manilabull Entrepreneurial energy is
spreading all through out the country
8
Profile of Ideas ndash Solution to EM challenges
Mobile
Telec
m and I
T
Custom
er Se
rvice
Digital
Media
Transp
ortati
on
Health
care
Agricul
ture amp
FoodEn
ergy
Water amp
Techn
ologyMinin
g
1818
16149 9 7 5
21
Category of Idea (Based on submissions Top 2 box)
bull Strong mobile solutions using mobile app and software
bull Impact Innovation presence to solve prominent emerging markets issues
Target on EM Social Issues2
1
2
1
Real-time energy monitoring system for SMEs and homes
Emergency light and mobile charger powered by salt and water
Virtual queuing system so people wont wait in lines
Real-time adjusting water pump to optimize water pressure for districts
TARGETS FOR 2015-2020
WHOrsquoS INVESTING
WHAT NEEDS TO BE IMPROVED1 Intellectual Property Rights2 Internet Infrastructure3 Science Parks and Innovation Hubs 4 LegislationPolicy5 Grassroots Activities6 Funding and Investment7 Umbrella Organization8 Research and Development9 Education10 Open-sourced Information11 Collaboration12 Government Role
SOME RECOMMENDED LEGISLATION Met with Sen Bam and DTI to Look at Laws
that Favor Entrepreneurs 1113111 Immigration Tax incentivesholidays 1113111 Incorporation 6040 constitution Closing down company 1113111 Startup-related policy (Cryptocurrency E-commerce E-money
crowdfunding) 1113111 Exit and employment incentives Many othershellip
GRASS ROOTS ACTIVITIES ARE SPURRING UP TO SUPPORT THE ENTREPRENEUR ndash BUT WE NEED MORE
CO-ORGANIZED WITH THE DTI AND DOST THE OFFICIAL START-UP EVENT OF THE APEC (OVER 1000 ATTENDEES)
15
2015 There is funding support for each stage in the PH
ExpansionScale and Generate revenues
Market and Acquire initial customers
RampD Idea to Product
bull DOST RampDbull PhilDevbull ITSObull Techtalksphbull Googlebull Startup Weekbull Startup Grindbull Develop
Networks
bull IdeaSpacebull Founders
Institutebull PhilDevbull USAIDbull PSIA
(Seedph)
bull KickStart Venturesbull Hatchdbull Wireless Wingsbull ON3PlugandPlaySTACbull 500 Start-ups (California)bull Oxygen Ventures (Aus)bull IMJ Venture (JapSing)bull ManilaAngelsbull Golden Gate
bull ICCPbull Narra Venture
Capitalbull Brummer and
Partnersbull Bonifacio
Capitalbull Omidyarbull LGTVP bull Monks Hill
Valuation
Investment Size
Players
Started after 2011
lt $100K lt $2-5M gt $5M lt $500K
$10 -50K ~ $500k~ $100K
Idea Flow
THE KEY ELEMENTS OF INNOVATION ECOSYSTEMS
Technology Based Universities
Large Corporate Support to
Mentor and Pilot
Government Participation amp Government Incentives
Attractive Location
Entrepreneurs motivated to start
companies
SOME RECOMMENDATIONS ARE BEING IMPLEMENTED NOW BEEHIVE IN INTRAMUROS AND UP
Technology Based
University
Large Corporate Support to Mentor and
Pilot
Government Incentives and
Support
Attractive Location and
Facilities
Entrepreneurs motivated to
start companies
FLOO
R PL
ANS
FabLab HW Prototyping
Offices
CafeacuteCoworkingSpaces (including DOST and Student space)
EventsHall for Classes and Capacity Building
CAN WE CREATE A START-UP UMBRELLA ORGANIZATION
WHAT IS MY CHALLENGE TO THE ICT INDUSTRYSupport the Local ldquoUp and Coming Entrepreneurrdquo
Let your companies pilot PH born startups be their first customer or re-sell globally
Create a ldquosabbatical programrdquo for the innovators in your company ndash encourage innovation enterprises
Let executives and line managers mentor and provide expertise and experiences to start-ups
Be an Angel Investors to startups
Support the National Innovation Center Initiative and the PH Roadmap
Create local grass root events Look how to plug in and create your own community incubator
with the right support services Actively look for opportunities to collaborate with students
academics and start-ups to help your business problems
THE START-UP ECOSYSTEM HAS A PLANOrigin Start-up Round Table Gathered by DOST ICTO Started in 2013 Issues and Challenges Mapping out of Ecosystem Recommendations of
What to do in 5 years Looking at the Goals for
the Start-up World by 2020
ROUND TABLE CONTRIBUTORS Government Lead Mon Ibrahim and DOST ICTO Senior Consultant Beryl Li Round Table Members
Ideaspace ndash Earl ValenciaPhil Dev ndash Paco Sandejas and Dado Banatao Kickstart ndash Minette NavaretteManila Angels- Christian BeslerPlug and Play ndash Jojo FloresOLX ndash RJ DavidCoinsph ndash Ron HoseLaunch Garage- Jay FajardoPSIA ndash Arup MaityTech Talks ndash Tina AmperSTAC Silicon Valley- Christina Laskowski
4
This was the innovation ecosystem in the PH in 2011
ExpansionScale and Generate revenues
Market and Acquire initial customers
RampD Idea to Product
bull DOST RampDbull PhilDev
bull ICCPbull Narra Venture
Capital
Valuation
Investment Size
Players
lt $100K lt $2-5M gt $5M lt $500K
$10 -50K ~ $500k~ $100K
Idea Flow
Innovation Funding Gap
bull Only the privilegedconnected people get funding
bull Tons of ideas never get commercialized
bull Best brains rather leave the PH than stay
STARTED IDEASPACE TO ADDRESS THE EARLY-STAGE GAP IN 2012
Vision A new Philippine economy that is driven by technology
innovation and entrepreneurship as a path to nation-building Believe that anyone anywhere with a great idea in the country
could be the ldquoNext Steve Jobs of the Emerging Marketsrdquo Do it through 3 Major Initiatives
Inspire Start-up Ecosystem and Community Building (over 90 events per year)
Incubate Idea and Prototype Stage Start-up through an Incubator and Accelerator
Invest Investing in the highest potential early-stage start-ups through a national competition (funded 38 companies from $25k-100k filed 11 invention patents)
The foundation is supported by the First Pacific Group a Asia-focused investment holding company focused on telco agri and infrastructure (constitutes 3-4 of PH GDP) with an initial commitment of $11M USD
SWOT IN 2015 ndash A LOT OF OPPORTUNITIES AND CHALLENGES
2015 Start-up Competition Highlightsbull 1028 team submissions
(+60 y-o-y)bull 15 countries representedbull A submission from every
region in the Philippinesbull 50 outside of Manilabull Entrepreneurial energy is
spreading all through out the country
8
Profile of Ideas ndash Solution to EM challenges
Mobile
Telec
m and I
T
Custom
er Se
rvice
Digital
Media
Transp
ortati
on
Health
care
Agricul
ture amp
FoodEn
ergy
Water amp
Techn
ologyMinin
g
1818
16149 9 7 5
21
Category of Idea (Based on submissions Top 2 box)
bull Strong mobile solutions using mobile app and software
bull Impact Innovation presence to solve prominent emerging markets issues
Target on EM Social Issues2
1
2
1
Real-time energy monitoring system for SMEs and homes
Emergency light and mobile charger powered by salt and water
Virtual queuing system so people wont wait in lines
Real-time adjusting water pump to optimize water pressure for districts
TARGETS FOR 2015-2020
WHOrsquoS INVESTING
WHAT NEEDS TO BE IMPROVED1 Intellectual Property Rights2 Internet Infrastructure3 Science Parks and Innovation Hubs 4 LegislationPolicy5 Grassroots Activities6 Funding and Investment7 Umbrella Organization8 Research and Development9 Education10 Open-sourced Information11 Collaboration12 Government Role
SOME RECOMMENDED LEGISLATION Met with Sen Bam and DTI to Look at Laws
that Favor Entrepreneurs 1113111 Immigration Tax incentivesholidays 1113111 Incorporation 6040 constitution Closing down company 1113111 Startup-related policy (Cryptocurrency E-commerce E-money
crowdfunding) 1113111 Exit and employment incentives Many othershellip
GRASS ROOTS ACTIVITIES ARE SPURRING UP TO SUPPORT THE ENTREPRENEUR ndash BUT WE NEED MORE
CO-ORGANIZED WITH THE DTI AND DOST THE OFFICIAL START-UP EVENT OF THE APEC (OVER 1000 ATTENDEES)
15
2015 There is funding support for each stage in the PH
ExpansionScale and Generate revenues
Market and Acquire initial customers
RampD Idea to Product
bull DOST RampDbull PhilDevbull ITSObull Techtalksphbull Googlebull Startup Weekbull Startup Grindbull Develop
Networks
bull IdeaSpacebull Founders
Institutebull PhilDevbull USAIDbull PSIA
(Seedph)
bull KickStart Venturesbull Hatchdbull Wireless Wingsbull ON3PlugandPlaySTACbull 500 Start-ups (California)bull Oxygen Ventures (Aus)bull IMJ Venture (JapSing)bull ManilaAngelsbull Golden Gate
bull ICCPbull Narra Venture
Capitalbull Brummer and
Partnersbull Bonifacio
Capitalbull Omidyarbull LGTVP bull Monks Hill
Valuation
Investment Size
Players
Started after 2011
lt $100K lt $2-5M gt $5M lt $500K
$10 -50K ~ $500k~ $100K
Idea Flow
THE KEY ELEMENTS OF INNOVATION ECOSYSTEMS
Technology Based Universities
Large Corporate Support to
Mentor and Pilot
Government Participation amp Government Incentives
Attractive Location
Entrepreneurs motivated to start
companies
SOME RECOMMENDATIONS ARE BEING IMPLEMENTED NOW BEEHIVE IN INTRAMUROS AND UP
Technology Based
University
Large Corporate Support to Mentor and
Pilot
Government Incentives and
Support
Attractive Location and
Facilities
Entrepreneurs motivated to
start companies
FLOO
R PL
ANS
FabLab HW Prototyping
Offices
CafeacuteCoworkingSpaces (including DOST and Student space)
EventsHall for Classes and Capacity Building
CAN WE CREATE A START-UP UMBRELLA ORGANIZATION
WHAT IS MY CHALLENGE TO THE ICT INDUSTRYSupport the Local ldquoUp and Coming Entrepreneurrdquo
Let your companies pilot PH born startups be their first customer or re-sell globally
Create a ldquosabbatical programrdquo for the innovators in your company ndash encourage innovation enterprises
Let executives and line managers mentor and provide expertise and experiences to start-ups
Be an Angel Investors to startups
Support the National Innovation Center Initiative and the PH Roadmap
Create local grass root events Look how to plug in and create your own community incubator
with the right support services Actively look for opportunities to collaborate with students
academics and start-ups to help your business problems
ROUND TABLE CONTRIBUTORS Government Lead Mon Ibrahim and DOST ICTO Senior Consultant Beryl Li Round Table Members
Ideaspace ndash Earl ValenciaPhil Dev ndash Paco Sandejas and Dado Banatao Kickstart ndash Minette NavaretteManila Angels- Christian BeslerPlug and Play ndash Jojo FloresOLX ndash RJ DavidCoinsph ndash Ron HoseLaunch Garage- Jay FajardoPSIA ndash Arup MaityTech Talks ndash Tina AmperSTAC Silicon Valley- Christina Laskowski
4
This was the innovation ecosystem in the PH in 2011
ExpansionScale and Generate revenues
Market and Acquire initial customers
RampD Idea to Product
bull DOST RampDbull PhilDev
bull ICCPbull Narra Venture
Capital
Valuation
Investment Size
Players
lt $100K lt $2-5M gt $5M lt $500K
$10 -50K ~ $500k~ $100K
Idea Flow
Innovation Funding Gap
bull Only the privilegedconnected people get funding
bull Tons of ideas never get commercialized
bull Best brains rather leave the PH than stay
STARTED IDEASPACE TO ADDRESS THE EARLY-STAGE GAP IN 2012
Vision A new Philippine economy that is driven by technology
innovation and entrepreneurship as a path to nation-building Believe that anyone anywhere with a great idea in the country
could be the ldquoNext Steve Jobs of the Emerging Marketsrdquo Do it through 3 Major Initiatives
Inspire Start-up Ecosystem and Community Building (over 90 events per year)
Incubate Idea and Prototype Stage Start-up through an Incubator and Accelerator
Invest Investing in the highest potential early-stage start-ups through a national competition (funded 38 companies from $25k-100k filed 11 invention patents)
The foundation is supported by the First Pacific Group a Asia-focused investment holding company focused on telco agri and infrastructure (constitutes 3-4 of PH GDP) with an initial commitment of $11M USD
SWOT IN 2015 ndash A LOT OF OPPORTUNITIES AND CHALLENGES
2015 Start-up Competition Highlightsbull 1028 team submissions
(+60 y-o-y)bull 15 countries representedbull A submission from every
region in the Philippinesbull 50 outside of Manilabull Entrepreneurial energy is
spreading all through out the country
8
Profile of Ideas ndash Solution to EM challenges
Mobile
Telec
m and I
T
Custom
er Se
rvice
Digital
Media
Transp
ortati
on
Health
care
Agricul
ture amp
FoodEn
ergy
Water amp
Techn
ologyMinin
g
1818
16149 9 7 5
21
Category of Idea (Based on submissions Top 2 box)
bull Strong mobile solutions using mobile app and software
bull Impact Innovation presence to solve prominent emerging markets issues
Target on EM Social Issues2
1
2
1
Real-time energy monitoring system for SMEs and homes
Emergency light and mobile charger powered by salt and water
Virtual queuing system so people wont wait in lines
Real-time adjusting water pump to optimize water pressure for districts
TARGETS FOR 2015-2020
WHOrsquoS INVESTING
WHAT NEEDS TO BE IMPROVED1 Intellectual Property Rights2 Internet Infrastructure3 Science Parks and Innovation Hubs 4 LegislationPolicy5 Grassroots Activities6 Funding and Investment7 Umbrella Organization8 Research and Development9 Education10 Open-sourced Information11 Collaboration12 Government Role
SOME RECOMMENDED LEGISLATION Met with Sen Bam and DTI to Look at Laws
that Favor Entrepreneurs 1113111 Immigration Tax incentivesholidays 1113111 Incorporation 6040 constitution Closing down company 1113111 Startup-related policy (Cryptocurrency E-commerce E-money
crowdfunding) 1113111 Exit and employment incentives Many othershellip
GRASS ROOTS ACTIVITIES ARE SPURRING UP TO SUPPORT THE ENTREPRENEUR ndash BUT WE NEED MORE
CO-ORGANIZED WITH THE DTI AND DOST THE OFFICIAL START-UP EVENT OF THE APEC (OVER 1000 ATTENDEES)
15
2015 There is funding support for each stage in the PH
ExpansionScale and Generate revenues
Market and Acquire initial customers
RampD Idea to Product
bull DOST RampDbull PhilDevbull ITSObull Techtalksphbull Googlebull Startup Weekbull Startup Grindbull Develop
Networks
bull IdeaSpacebull Founders
Institutebull PhilDevbull USAIDbull PSIA
(Seedph)
bull KickStart Venturesbull Hatchdbull Wireless Wingsbull ON3PlugandPlaySTACbull 500 Start-ups (California)bull Oxygen Ventures (Aus)bull IMJ Venture (JapSing)bull ManilaAngelsbull Golden Gate
bull ICCPbull Narra Venture
Capitalbull Brummer and
Partnersbull Bonifacio
Capitalbull Omidyarbull LGTVP bull Monks Hill
Valuation
Investment Size
Players
Started after 2011
lt $100K lt $2-5M gt $5M lt $500K
$10 -50K ~ $500k~ $100K
Idea Flow
THE KEY ELEMENTS OF INNOVATION ECOSYSTEMS
Technology Based Universities
Large Corporate Support to
Mentor and Pilot
Government Participation amp Government Incentives
Attractive Location
Entrepreneurs motivated to start
companies
SOME RECOMMENDATIONS ARE BEING IMPLEMENTED NOW BEEHIVE IN INTRAMUROS AND UP
Technology Based
University
Large Corporate Support to Mentor and
Pilot
Government Incentives and
Support
Attractive Location and
Facilities
Entrepreneurs motivated to
start companies
FLOO
R PL
ANS
FabLab HW Prototyping
Offices
CafeacuteCoworkingSpaces (including DOST and Student space)
EventsHall for Classes and Capacity Building
CAN WE CREATE A START-UP UMBRELLA ORGANIZATION
WHAT IS MY CHALLENGE TO THE ICT INDUSTRYSupport the Local ldquoUp and Coming Entrepreneurrdquo
Let your companies pilot PH born startups be their first customer or re-sell globally
Create a ldquosabbatical programrdquo for the innovators in your company ndash encourage innovation enterprises
Let executives and line managers mentor and provide expertise and experiences to start-ups
Be an Angel Investors to startups
Support the National Innovation Center Initiative and the PH Roadmap
Create local grass root events Look how to plug in and create your own community incubator
with the right support services Actively look for opportunities to collaborate with students
academics and start-ups to help your business problems
4
This was the innovation ecosystem in the PH in 2011
ExpansionScale and Generate revenues
Market and Acquire initial customers
RampD Idea to Product
bull DOST RampDbull PhilDev
bull ICCPbull Narra Venture
Capital
Valuation
Investment Size
Players
lt $100K lt $2-5M gt $5M lt $500K
$10 -50K ~ $500k~ $100K
Idea Flow
Innovation Funding Gap
bull Only the privilegedconnected people get funding
bull Tons of ideas never get commercialized
bull Best brains rather leave the PH than stay
STARTED IDEASPACE TO ADDRESS THE EARLY-STAGE GAP IN 2012
Vision A new Philippine economy that is driven by technology
innovation and entrepreneurship as a path to nation-building Believe that anyone anywhere with a great idea in the country
could be the ldquoNext Steve Jobs of the Emerging Marketsrdquo Do it through 3 Major Initiatives
Inspire Start-up Ecosystem and Community Building (over 90 events per year)
Incubate Idea and Prototype Stage Start-up through an Incubator and Accelerator
Invest Investing in the highest potential early-stage start-ups through a national competition (funded 38 companies from $25k-100k filed 11 invention patents)
The foundation is supported by the First Pacific Group a Asia-focused investment holding company focused on telco agri and infrastructure (constitutes 3-4 of PH GDP) with an initial commitment of $11M USD
SWOT IN 2015 ndash A LOT OF OPPORTUNITIES AND CHALLENGES
2015 Start-up Competition Highlightsbull 1028 team submissions
(+60 y-o-y)bull 15 countries representedbull A submission from every
region in the Philippinesbull 50 outside of Manilabull Entrepreneurial energy is
spreading all through out the country
8
Profile of Ideas ndash Solution to EM challenges
Mobile
Telec
m and I
T
Custom
er Se
rvice
Digital
Media
Transp
ortati
on
Health
care
Agricul
ture amp
FoodEn
ergy
Water amp
Techn
ologyMinin
g
1818
16149 9 7 5
21
Category of Idea (Based on submissions Top 2 box)
bull Strong mobile solutions using mobile app and software
bull Impact Innovation presence to solve prominent emerging markets issues
Target on EM Social Issues2
1
2
1
Real-time energy monitoring system for SMEs and homes
Emergency light and mobile charger powered by salt and water
Virtual queuing system so people wont wait in lines
Real-time adjusting water pump to optimize water pressure for districts
TARGETS FOR 2015-2020
WHOrsquoS INVESTING
WHAT NEEDS TO BE IMPROVED1 Intellectual Property Rights2 Internet Infrastructure3 Science Parks and Innovation Hubs 4 LegislationPolicy5 Grassroots Activities6 Funding and Investment7 Umbrella Organization8 Research and Development9 Education10 Open-sourced Information11 Collaboration12 Government Role
SOME RECOMMENDED LEGISLATION Met with Sen Bam and DTI to Look at Laws
that Favor Entrepreneurs 1113111 Immigration Tax incentivesholidays 1113111 Incorporation 6040 constitution Closing down company 1113111 Startup-related policy (Cryptocurrency E-commerce E-money
crowdfunding) 1113111 Exit and employment incentives Many othershellip
GRASS ROOTS ACTIVITIES ARE SPURRING UP TO SUPPORT THE ENTREPRENEUR ndash BUT WE NEED MORE
CO-ORGANIZED WITH THE DTI AND DOST THE OFFICIAL START-UP EVENT OF THE APEC (OVER 1000 ATTENDEES)
15
2015 There is funding support for each stage in the PH
ExpansionScale and Generate revenues
Market and Acquire initial customers
RampD Idea to Product
bull DOST RampDbull PhilDevbull ITSObull Techtalksphbull Googlebull Startup Weekbull Startup Grindbull Develop
Networks
bull IdeaSpacebull Founders
Institutebull PhilDevbull USAIDbull PSIA
(Seedph)
bull KickStart Venturesbull Hatchdbull Wireless Wingsbull ON3PlugandPlaySTACbull 500 Start-ups (California)bull Oxygen Ventures (Aus)bull IMJ Venture (JapSing)bull ManilaAngelsbull Golden Gate
bull ICCPbull Narra Venture
Capitalbull Brummer and
Partnersbull Bonifacio
Capitalbull Omidyarbull LGTVP bull Monks Hill
Valuation
Investment Size
Players
Started after 2011
lt $100K lt $2-5M gt $5M lt $500K
$10 -50K ~ $500k~ $100K
Idea Flow
THE KEY ELEMENTS OF INNOVATION ECOSYSTEMS
Technology Based Universities
Large Corporate Support to
Mentor and Pilot
Government Participation amp Government Incentives
Attractive Location
Entrepreneurs motivated to start
companies
SOME RECOMMENDATIONS ARE BEING IMPLEMENTED NOW BEEHIVE IN INTRAMUROS AND UP
Technology Based
University
Large Corporate Support to Mentor and
Pilot
Government Incentives and
Support
Attractive Location and
Facilities
Entrepreneurs motivated to
start companies
FLOO
R PL
ANS
FabLab HW Prototyping
Offices
CafeacuteCoworkingSpaces (including DOST and Student space)
EventsHall for Classes and Capacity Building
CAN WE CREATE A START-UP UMBRELLA ORGANIZATION
WHAT IS MY CHALLENGE TO THE ICT INDUSTRYSupport the Local ldquoUp and Coming Entrepreneurrdquo
Let your companies pilot PH born startups be their first customer or re-sell globally
Create a ldquosabbatical programrdquo for the innovators in your company ndash encourage innovation enterprises
Let executives and line managers mentor and provide expertise and experiences to start-ups
Be an Angel Investors to startups
Support the National Innovation Center Initiative and the PH Roadmap
Create local grass root events Look how to plug in and create your own community incubator
with the right support services Actively look for opportunities to collaborate with students
academics and start-ups to help your business problems
STARTED IDEASPACE TO ADDRESS THE EARLY-STAGE GAP IN 2012
Vision A new Philippine economy that is driven by technology
innovation and entrepreneurship as a path to nation-building Believe that anyone anywhere with a great idea in the country
could be the ldquoNext Steve Jobs of the Emerging Marketsrdquo Do it through 3 Major Initiatives
Inspire Start-up Ecosystem and Community Building (over 90 events per year)
Incubate Idea and Prototype Stage Start-up through an Incubator and Accelerator
Invest Investing in the highest potential early-stage start-ups through a national competition (funded 38 companies from $25k-100k filed 11 invention patents)
The foundation is supported by the First Pacific Group a Asia-focused investment holding company focused on telco agri and infrastructure (constitutes 3-4 of PH GDP) with an initial commitment of $11M USD
SWOT IN 2015 ndash A LOT OF OPPORTUNITIES AND CHALLENGES
2015 Start-up Competition Highlightsbull 1028 team submissions
(+60 y-o-y)bull 15 countries representedbull A submission from every
region in the Philippinesbull 50 outside of Manilabull Entrepreneurial energy is
spreading all through out the country
8
Profile of Ideas ndash Solution to EM challenges
Mobile
Telec
m and I
T
Custom
er Se
rvice
Digital
Media
Transp
ortati
on
Health
care
Agricul
ture amp
FoodEn
ergy
Water amp
Techn
ologyMinin
g
1818
16149 9 7 5
21
Category of Idea (Based on submissions Top 2 box)
bull Strong mobile solutions using mobile app and software
bull Impact Innovation presence to solve prominent emerging markets issues
Target on EM Social Issues2
1
2
1
Real-time energy monitoring system for SMEs and homes
Emergency light and mobile charger powered by salt and water
Virtual queuing system so people wont wait in lines
Real-time adjusting water pump to optimize water pressure for districts
TARGETS FOR 2015-2020
WHOrsquoS INVESTING
WHAT NEEDS TO BE IMPROVED1 Intellectual Property Rights2 Internet Infrastructure3 Science Parks and Innovation Hubs 4 LegislationPolicy5 Grassroots Activities6 Funding and Investment7 Umbrella Organization8 Research and Development9 Education10 Open-sourced Information11 Collaboration12 Government Role
SOME RECOMMENDED LEGISLATION Met with Sen Bam and DTI to Look at Laws
that Favor Entrepreneurs 1113111 Immigration Tax incentivesholidays 1113111 Incorporation 6040 constitution Closing down company 1113111 Startup-related policy (Cryptocurrency E-commerce E-money
crowdfunding) 1113111 Exit and employment incentives Many othershellip
GRASS ROOTS ACTIVITIES ARE SPURRING UP TO SUPPORT THE ENTREPRENEUR ndash BUT WE NEED MORE
CO-ORGANIZED WITH THE DTI AND DOST THE OFFICIAL START-UP EVENT OF THE APEC (OVER 1000 ATTENDEES)
15
2015 There is funding support for each stage in the PH
ExpansionScale and Generate revenues
Market and Acquire initial customers
RampD Idea to Product
bull DOST RampDbull PhilDevbull ITSObull Techtalksphbull Googlebull Startup Weekbull Startup Grindbull Develop
Networks
bull IdeaSpacebull Founders
Institutebull PhilDevbull USAIDbull PSIA
(Seedph)
bull KickStart Venturesbull Hatchdbull Wireless Wingsbull ON3PlugandPlaySTACbull 500 Start-ups (California)bull Oxygen Ventures (Aus)bull IMJ Venture (JapSing)bull ManilaAngelsbull Golden Gate
bull ICCPbull Narra Venture
Capitalbull Brummer and
Partnersbull Bonifacio
Capitalbull Omidyarbull LGTVP bull Monks Hill
Valuation
Investment Size
Players
Started after 2011
lt $100K lt $2-5M gt $5M lt $500K
$10 -50K ~ $500k~ $100K
Idea Flow
THE KEY ELEMENTS OF INNOVATION ECOSYSTEMS
Technology Based Universities
Large Corporate Support to
Mentor and Pilot
Government Participation amp Government Incentives
Attractive Location
Entrepreneurs motivated to start
companies
SOME RECOMMENDATIONS ARE BEING IMPLEMENTED NOW BEEHIVE IN INTRAMUROS AND UP
Technology Based
University
Large Corporate Support to Mentor and
Pilot
Government Incentives and
Support
Attractive Location and
Facilities
Entrepreneurs motivated to
start companies
FLOO
R PL
ANS
FabLab HW Prototyping
Offices
CafeacuteCoworkingSpaces (including DOST and Student space)
EventsHall for Classes and Capacity Building
CAN WE CREATE A START-UP UMBRELLA ORGANIZATION
WHAT IS MY CHALLENGE TO THE ICT INDUSTRYSupport the Local ldquoUp and Coming Entrepreneurrdquo
Let your companies pilot PH born startups be their first customer or re-sell globally
Create a ldquosabbatical programrdquo for the innovators in your company ndash encourage innovation enterprises
Let executives and line managers mentor and provide expertise and experiences to start-ups
Be an Angel Investors to startups
Support the National Innovation Center Initiative and the PH Roadmap
Create local grass root events Look how to plug in and create your own community incubator
with the right support services Actively look for opportunities to collaborate with students
academics and start-ups to help your business problems
SWOT IN 2015 ndash A LOT OF OPPORTUNITIES AND CHALLENGES
2015 Start-up Competition Highlightsbull 1028 team submissions
(+60 y-o-y)bull 15 countries representedbull A submission from every
region in the Philippinesbull 50 outside of Manilabull Entrepreneurial energy is
spreading all through out the country
8
Profile of Ideas ndash Solution to EM challenges
Mobile
Telec
m and I
T
Custom
er Se
rvice
Digital
Media
Transp
ortati
on
Health
care
Agricul
ture amp
FoodEn
ergy
Water amp
Techn
ologyMinin
g
1818
16149 9 7 5
21
Category of Idea (Based on submissions Top 2 box)
bull Strong mobile solutions using mobile app and software
bull Impact Innovation presence to solve prominent emerging markets issues
Target on EM Social Issues2
1
2
1
Real-time energy monitoring system for SMEs and homes
Emergency light and mobile charger powered by salt and water
Virtual queuing system so people wont wait in lines
Real-time adjusting water pump to optimize water pressure for districts
TARGETS FOR 2015-2020
WHOrsquoS INVESTING
WHAT NEEDS TO BE IMPROVED1 Intellectual Property Rights2 Internet Infrastructure3 Science Parks and Innovation Hubs 4 LegislationPolicy5 Grassroots Activities6 Funding and Investment7 Umbrella Organization8 Research and Development9 Education10 Open-sourced Information11 Collaboration12 Government Role
SOME RECOMMENDED LEGISLATION Met with Sen Bam and DTI to Look at Laws
that Favor Entrepreneurs 1113111 Immigration Tax incentivesholidays 1113111 Incorporation 6040 constitution Closing down company 1113111 Startup-related policy (Cryptocurrency E-commerce E-money
crowdfunding) 1113111 Exit and employment incentives Many othershellip
GRASS ROOTS ACTIVITIES ARE SPURRING UP TO SUPPORT THE ENTREPRENEUR ndash BUT WE NEED MORE
CO-ORGANIZED WITH THE DTI AND DOST THE OFFICIAL START-UP EVENT OF THE APEC (OVER 1000 ATTENDEES)
15
2015 There is funding support for each stage in the PH
ExpansionScale and Generate revenues
Market and Acquire initial customers
RampD Idea to Product
bull DOST RampDbull PhilDevbull ITSObull Techtalksphbull Googlebull Startup Weekbull Startup Grindbull Develop
Networks
bull IdeaSpacebull Founders
Institutebull PhilDevbull USAIDbull PSIA
(Seedph)
bull KickStart Venturesbull Hatchdbull Wireless Wingsbull ON3PlugandPlaySTACbull 500 Start-ups (California)bull Oxygen Ventures (Aus)bull IMJ Venture (JapSing)bull ManilaAngelsbull Golden Gate
bull ICCPbull Narra Venture
Capitalbull Brummer and
Partnersbull Bonifacio
Capitalbull Omidyarbull LGTVP bull Monks Hill
Valuation
Investment Size
Players
Started after 2011
lt $100K lt $2-5M gt $5M lt $500K
$10 -50K ~ $500k~ $100K
Idea Flow
THE KEY ELEMENTS OF INNOVATION ECOSYSTEMS
Technology Based Universities
Large Corporate Support to
Mentor and Pilot
Government Participation amp Government Incentives
Attractive Location
Entrepreneurs motivated to start
companies
SOME RECOMMENDATIONS ARE BEING IMPLEMENTED NOW BEEHIVE IN INTRAMUROS AND UP
Technology Based
University
Large Corporate Support to Mentor and
Pilot
Government Incentives and
Support
Attractive Location and
Facilities
Entrepreneurs motivated to
start companies
FLOO
R PL
ANS
FabLab HW Prototyping
Offices
CafeacuteCoworkingSpaces (including DOST and Student space)
EventsHall for Classes and Capacity Building
CAN WE CREATE A START-UP UMBRELLA ORGANIZATION
WHAT IS MY CHALLENGE TO THE ICT INDUSTRYSupport the Local ldquoUp and Coming Entrepreneurrdquo
Let your companies pilot PH born startups be their first customer or re-sell globally
Create a ldquosabbatical programrdquo for the innovators in your company ndash encourage innovation enterprises
Let executives and line managers mentor and provide expertise and experiences to start-ups
Be an Angel Investors to startups
Support the National Innovation Center Initiative and the PH Roadmap
Create local grass root events Look how to plug in and create your own community incubator
with the right support services Actively look for opportunities to collaborate with students
academics and start-ups to help your business problems
2015 Start-up Competition Highlightsbull 1028 team submissions
(+60 y-o-y)bull 15 countries representedbull A submission from every
region in the Philippinesbull 50 outside of Manilabull Entrepreneurial energy is
spreading all through out the country
8
Profile of Ideas ndash Solution to EM challenges
Mobile
Telec
m and I
T
Custom
er Se
rvice
Digital
Media
Transp
ortati
on
Health
care
Agricul
ture amp
FoodEn
ergy
Water amp
Techn
ologyMinin
g
1818
16149 9 7 5
21
Category of Idea (Based on submissions Top 2 box)
bull Strong mobile solutions using mobile app and software
bull Impact Innovation presence to solve prominent emerging markets issues
Target on EM Social Issues2
1
2
1
Real-time energy monitoring system for SMEs and homes
Emergency light and mobile charger powered by salt and water
Virtual queuing system so people wont wait in lines
Real-time adjusting water pump to optimize water pressure for districts
TARGETS FOR 2015-2020
WHOrsquoS INVESTING
WHAT NEEDS TO BE IMPROVED1 Intellectual Property Rights2 Internet Infrastructure3 Science Parks and Innovation Hubs 4 LegislationPolicy5 Grassroots Activities6 Funding and Investment7 Umbrella Organization8 Research and Development9 Education10 Open-sourced Information11 Collaboration12 Government Role
SOME RECOMMENDED LEGISLATION Met with Sen Bam and DTI to Look at Laws
that Favor Entrepreneurs 1113111 Immigration Tax incentivesholidays 1113111 Incorporation 6040 constitution Closing down company 1113111 Startup-related policy (Cryptocurrency E-commerce E-money
crowdfunding) 1113111 Exit and employment incentives Many othershellip
GRASS ROOTS ACTIVITIES ARE SPURRING UP TO SUPPORT THE ENTREPRENEUR ndash BUT WE NEED MORE
CO-ORGANIZED WITH THE DTI AND DOST THE OFFICIAL START-UP EVENT OF THE APEC (OVER 1000 ATTENDEES)
15
2015 There is funding support for each stage in the PH
ExpansionScale and Generate revenues
Market and Acquire initial customers
RampD Idea to Product
bull DOST RampDbull PhilDevbull ITSObull Techtalksphbull Googlebull Startup Weekbull Startup Grindbull Develop
Networks
bull IdeaSpacebull Founders
Institutebull PhilDevbull USAIDbull PSIA
(Seedph)
bull KickStart Venturesbull Hatchdbull Wireless Wingsbull ON3PlugandPlaySTACbull 500 Start-ups (California)bull Oxygen Ventures (Aus)bull IMJ Venture (JapSing)bull ManilaAngelsbull Golden Gate
bull ICCPbull Narra Venture
Capitalbull Brummer and
Partnersbull Bonifacio
Capitalbull Omidyarbull LGTVP bull Monks Hill
Valuation
Investment Size
Players
Started after 2011
lt $100K lt $2-5M gt $5M lt $500K
$10 -50K ~ $500k~ $100K
Idea Flow
THE KEY ELEMENTS OF INNOVATION ECOSYSTEMS
Technology Based Universities
Large Corporate Support to
Mentor and Pilot
Government Participation amp Government Incentives
Attractive Location
Entrepreneurs motivated to start
companies
SOME RECOMMENDATIONS ARE BEING IMPLEMENTED NOW BEEHIVE IN INTRAMUROS AND UP
Technology Based
University
Large Corporate Support to Mentor and
Pilot
Government Incentives and
Support
Attractive Location and
Facilities
Entrepreneurs motivated to
start companies
FLOO
R PL
ANS
FabLab HW Prototyping
Offices
CafeacuteCoworkingSpaces (including DOST and Student space)
EventsHall for Classes and Capacity Building
CAN WE CREATE A START-UP UMBRELLA ORGANIZATION
WHAT IS MY CHALLENGE TO THE ICT INDUSTRYSupport the Local ldquoUp and Coming Entrepreneurrdquo
Let your companies pilot PH born startups be their first customer or re-sell globally
Create a ldquosabbatical programrdquo for the innovators in your company ndash encourage innovation enterprises
Let executives and line managers mentor and provide expertise and experiences to start-ups
Be an Angel Investors to startups
Support the National Innovation Center Initiative and the PH Roadmap
Create local grass root events Look how to plug in and create your own community incubator
with the right support services Actively look for opportunities to collaborate with students
academics and start-ups to help your business problems
8
Profile of Ideas ndash Solution to EM challenges
Mobile
Telec
m and I
T
Custom
er Se
rvice
Digital
Media
Transp
ortati
on
Health
care
Agricul
ture amp
FoodEn
ergy
Water amp
Techn
ologyMinin
g
1818
16149 9 7 5
21
Category of Idea (Based on submissions Top 2 box)
bull Strong mobile solutions using mobile app and software
bull Impact Innovation presence to solve prominent emerging markets issues
Target on EM Social Issues2
1
2
1
Real-time energy monitoring system for SMEs and homes
Emergency light and mobile charger powered by salt and water
Virtual queuing system so people wont wait in lines
Real-time adjusting water pump to optimize water pressure for districts
TARGETS FOR 2015-2020
WHOrsquoS INVESTING
WHAT NEEDS TO BE IMPROVED1 Intellectual Property Rights2 Internet Infrastructure3 Science Parks and Innovation Hubs 4 LegislationPolicy5 Grassroots Activities6 Funding and Investment7 Umbrella Organization8 Research and Development9 Education10 Open-sourced Information11 Collaboration12 Government Role
SOME RECOMMENDED LEGISLATION Met with Sen Bam and DTI to Look at Laws
that Favor Entrepreneurs 1113111 Immigration Tax incentivesholidays 1113111 Incorporation 6040 constitution Closing down company 1113111 Startup-related policy (Cryptocurrency E-commerce E-money
crowdfunding) 1113111 Exit and employment incentives Many othershellip
GRASS ROOTS ACTIVITIES ARE SPURRING UP TO SUPPORT THE ENTREPRENEUR ndash BUT WE NEED MORE
CO-ORGANIZED WITH THE DTI AND DOST THE OFFICIAL START-UP EVENT OF THE APEC (OVER 1000 ATTENDEES)
15
2015 There is funding support for each stage in the PH
ExpansionScale and Generate revenues
Market and Acquire initial customers
RampD Idea to Product
bull DOST RampDbull PhilDevbull ITSObull Techtalksphbull Googlebull Startup Weekbull Startup Grindbull Develop
Networks
bull IdeaSpacebull Founders
Institutebull PhilDevbull USAIDbull PSIA
(Seedph)
bull KickStart Venturesbull Hatchdbull Wireless Wingsbull ON3PlugandPlaySTACbull 500 Start-ups (California)bull Oxygen Ventures (Aus)bull IMJ Venture (JapSing)bull ManilaAngelsbull Golden Gate
bull ICCPbull Narra Venture
Capitalbull Brummer and
Partnersbull Bonifacio
Capitalbull Omidyarbull LGTVP bull Monks Hill
Valuation
Investment Size
Players
Started after 2011
lt $100K lt $2-5M gt $5M lt $500K
$10 -50K ~ $500k~ $100K
Idea Flow
THE KEY ELEMENTS OF INNOVATION ECOSYSTEMS
Technology Based Universities
Large Corporate Support to
Mentor and Pilot
Government Participation amp Government Incentives
Attractive Location
Entrepreneurs motivated to start
companies
SOME RECOMMENDATIONS ARE BEING IMPLEMENTED NOW BEEHIVE IN INTRAMUROS AND UP
Technology Based
University
Large Corporate Support to Mentor and
Pilot
Government Incentives and
Support
Attractive Location and
Facilities
Entrepreneurs motivated to
start companies
FLOO
R PL
ANS
FabLab HW Prototyping
Offices
CafeacuteCoworkingSpaces (including DOST and Student space)
EventsHall for Classes and Capacity Building
CAN WE CREATE A START-UP UMBRELLA ORGANIZATION
WHAT IS MY CHALLENGE TO THE ICT INDUSTRYSupport the Local ldquoUp and Coming Entrepreneurrdquo
Let your companies pilot PH born startups be their first customer or re-sell globally
Create a ldquosabbatical programrdquo for the innovators in your company ndash encourage innovation enterprises
Let executives and line managers mentor and provide expertise and experiences to start-ups
Be an Angel Investors to startups
Support the National Innovation Center Initiative and the PH Roadmap
Create local grass root events Look how to plug in and create your own community incubator
with the right support services Actively look for opportunities to collaborate with students
academics and start-ups to help your business problems
TARGETS FOR 2015-2020
WHOrsquoS INVESTING
WHAT NEEDS TO BE IMPROVED1 Intellectual Property Rights2 Internet Infrastructure3 Science Parks and Innovation Hubs 4 LegislationPolicy5 Grassroots Activities6 Funding and Investment7 Umbrella Organization8 Research and Development9 Education10 Open-sourced Information11 Collaboration12 Government Role
SOME RECOMMENDED LEGISLATION Met with Sen Bam and DTI to Look at Laws
that Favor Entrepreneurs 1113111 Immigration Tax incentivesholidays 1113111 Incorporation 6040 constitution Closing down company 1113111 Startup-related policy (Cryptocurrency E-commerce E-money
crowdfunding) 1113111 Exit and employment incentives Many othershellip
GRASS ROOTS ACTIVITIES ARE SPURRING UP TO SUPPORT THE ENTREPRENEUR ndash BUT WE NEED MORE
CO-ORGANIZED WITH THE DTI AND DOST THE OFFICIAL START-UP EVENT OF THE APEC (OVER 1000 ATTENDEES)
15
2015 There is funding support for each stage in the PH
ExpansionScale and Generate revenues
Market and Acquire initial customers
RampD Idea to Product
bull DOST RampDbull PhilDevbull ITSObull Techtalksphbull Googlebull Startup Weekbull Startup Grindbull Develop
Networks
bull IdeaSpacebull Founders
Institutebull PhilDevbull USAIDbull PSIA
(Seedph)
bull KickStart Venturesbull Hatchdbull Wireless Wingsbull ON3PlugandPlaySTACbull 500 Start-ups (California)bull Oxygen Ventures (Aus)bull IMJ Venture (JapSing)bull ManilaAngelsbull Golden Gate
bull ICCPbull Narra Venture
Capitalbull Brummer and
Partnersbull Bonifacio
Capitalbull Omidyarbull LGTVP bull Monks Hill
Valuation
Investment Size
Players
Started after 2011
lt $100K lt $2-5M gt $5M lt $500K
$10 -50K ~ $500k~ $100K
Idea Flow
THE KEY ELEMENTS OF INNOVATION ECOSYSTEMS
Technology Based Universities
Large Corporate Support to
Mentor and Pilot
Government Participation amp Government Incentives
Attractive Location
Entrepreneurs motivated to start
companies
SOME RECOMMENDATIONS ARE BEING IMPLEMENTED NOW BEEHIVE IN INTRAMUROS AND UP
Technology Based
University
Large Corporate Support to Mentor and
Pilot
Government Incentives and
Support
Attractive Location and
Facilities
Entrepreneurs motivated to
start companies
FLOO
R PL
ANS
FabLab HW Prototyping
Offices
CafeacuteCoworkingSpaces (including DOST and Student space)
EventsHall for Classes and Capacity Building
CAN WE CREATE A START-UP UMBRELLA ORGANIZATION
WHAT IS MY CHALLENGE TO THE ICT INDUSTRYSupport the Local ldquoUp and Coming Entrepreneurrdquo
Let your companies pilot PH born startups be their first customer or re-sell globally
Create a ldquosabbatical programrdquo for the innovators in your company ndash encourage innovation enterprises
Let executives and line managers mentor and provide expertise and experiences to start-ups
Be an Angel Investors to startups
Support the National Innovation Center Initiative and the PH Roadmap
Create local grass root events Look how to plug in and create your own community incubator
with the right support services Actively look for opportunities to collaborate with students
academics and start-ups to help your business problems
WHOrsquoS INVESTING
WHAT NEEDS TO BE IMPROVED1 Intellectual Property Rights2 Internet Infrastructure3 Science Parks and Innovation Hubs 4 LegislationPolicy5 Grassroots Activities6 Funding and Investment7 Umbrella Organization8 Research and Development9 Education10 Open-sourced Information11 Collaboration12 Government Role
SOME RECOMMENDED LEGISLATION Met with Sen Bam and DTI to Look at Laws
that Favor Entrepreneurs 1113111 Immigration Tax incentivesholidays 1113111 Incorporation 6040 constitution Closing down company 1113111 Startup-related policy (Cryptocurrency E-commerce E-money
crowdfunding) 1113111 Exit and employment incentives Many othershellip
GRASS ROOTS ACTIVITIES ARE SPURRING UP TO SUPPORT THE ENTREPRENEUR ndash BUT WE NEED MORE
CO-ORGANIZED WITH THE DTI AND DOST THE OFFICIAL START-UP EVENT OF THE APEC (OVER 1000 ATTENDEES)
15
2015 There is funding support for each stage in the PH
ExpansionScale and Generate revenues
Market and Acquire initial customers
RampD Idea to Product
bull DOST RampDbull PhilDevbull ITSObull Techtalksphbull Googlebull Startup Weekbull Startup Grindbull Develop
Networks
bull IdeaSpacebull Founders
Institutebull PhilDevbull USAIDbull PSIA
(Seedph)
bull KickStart Venturesbull Hatchdbull Wireless Wingsbull ON3PlugandPlaySTACbull 500 Start-ups (California)bull Oxygen Ventures (Aus)bull IMJ Venture (JapSing)bull ManilaAngelsbull Golden Gate
bull ICCPbull Narra Venture
Capitalbull Brummer and
Partnersbull Bonifacio
Capitalbull Omidyarbull LGTVP bull Monks Hill
Valuation
Investment Size
Players
Started after 2011
lt $100K lt $2-5M gt $5M lt $500K
$10 -50K ~ $500k~ $100K
Idea Flow
THE KEY ELEMENTS OF INNOVATION ECOSYSTEMS
Technology Based Universities
Large Corporate Support to
Mentor and Pilot
Government Participation amp Government Incentives
Attractive Location
Entrepreneurs motivated to start
companies
SOME RECOMMENDATIONS ARE BEING IMPLEMENTED NOW BEEHIVE IN INTRAMUROS AND UP
Technology Based
University
Large Corporate Support to Mentor and
Pilot
Government Incentives and
Support
Attractive Location and
Facilities
Entrepreneurs motivated to
start companies
FLOO
R PL
ANS
FabLab HW Prototyping
Offices
CafeacuteCoworkingSpaces (including DOST and Student space)
EventsHall for Classes and Capacity Building
CAN WE CREATE A START-UP UMBRELLA ORGANIZATION
WHAT IS MY CHALLENGE TO THE ICT INDUSTRYSupport the Local ldquoUp and Coming Entrepreneurrdquo
Let your companies pilot PH born startups be their first customer or re-sell globally
Create a ldquosabbatical programrdquo for the innovators in your company ndash encourage innovation enterprises
Let executives and line managers mentor and provide expertise and experiences to start-ups
Be an Angel Investors to startups
Support the National Innovation Center Initiative and the PH Roadmap
Create local grass root events Look how to plug in and create your own community incubator
with the right support services Actively look for opportunities to collaborate with students
academics and start-ups to help your business problems
WHAT NEEDS TO BE IMPROVED1 Intellectual Property Rights2 Internet Infrastructure3 Science Parks and Innovation Hubs 4 LegislationPolicy5 Grassroots Activities6 Funding and Investment7 Umbrella Organization8 Research and Development9 Education10 Open-sourced Information11 Collaboration12 Government Role
SOME RECOMMENDED LEGISLATION Met with Sen Bam and DTI to Look at Laws
that Favor Entrepreneurs 1113111 Immigration Tax incentivesholidays 1113111 Incorporation 6040 constitution Closing down company 1113111 Startup-related policy (Cryptocurrency E-commerce E-money
crowdfunding) 1113111 Exit and employment incentives Many othershellip
GRASS ROOTS ACTIVITIES ARE SPURRING UP TO SUPPORT THE ENTREPRENEUR ndash BUT WE NEED MORE
CO-ORGANIZED WITH THE DTI AND DOST THE OFFICIAL START-UP EVENT OF THE APEC (OVER 1000 ATTENDEES)
15
2015 There is funding support for each stage in the PH
ExpansionScale and Generate revenues
Market and Acquire initial customers
RampD Idea to Product
bull DOST RampDbull PhilDevbull ITSObull Techtalksphbull Googlebull Startup Weekbull Startup Grindbull Develop
Networks
bull IdeaSpacebull Founders
Institutebull PhilDevbull USAIDbull PSIA
(Seedph)
bull KickStart Venturesbull Hatchdbull Wireless Wingsbull ON3PlugandPlaySTACbull 500 Start-ups (California)bull Oxygen Ventures (Aus)bull IMJ Venture (JapSing)bull ManilaAngelsbull Golden Gate
bull ICCPbull Narra Venture
Capitalbull Brummer and
Partnersbull Bonifacio
Capitalbull Omidyarbull LGTVP bull Monks Hill
Valuation
Investment Size
Players
Started after 2011
lt $100K lt $2-5M gt $5M lt $500K
$10 -50K ~ $500k~ $100K
Idea Flow
THE KEY ELEMENTS OF INNOVATION ECOSYSTEMS
Technology Based Universities
Large Corporate Support to
Mentor and Pilot
Government Participation amp Government Incentives
Attractive Location
Entrepreneurs motivated to start
companies
SOME RECOMMENDATIONS ARE BEING IMPLEMENTED NOW BEEHIVE IN INTRAMUROS AND UP
Technology Based
University
Large Corporate Support to Mentor and
Pilot
Government Incentives and
Support
Attractive Location and
Facilities
Entrepreneurs motivated to
start companies
FLOO
R PL
ANS
FabLab HW Prototyping
Offices
CafeacuteCoworkingSpaces (including DOST and Student space)
EventsHall for Classes and Capacity Building
CAN WE CREATE A START-UP UMBRELLA ORGANIZATION
WHAT IS MY CHALLENGE TO THE ICT INDUSTRYSupport the Local ldquoUp and Coming Entrepreneurrdquo
Let your companies pilot PH born startups be their first customer or re-sell globally
Create a ldquosabbatical programrdquo for the innovators in your company ndash encourage innovation enterprises
Let executives and line managers mentor and provide expertise and experiences to start-ups
Be an Angel Investors to startups
Support the National Innovation Center Initiative and the PH Roadmap
Create local grass root events Look how to plug in and create your own community incubator
with the right support services Actively look for opportunities to collaborate with students
academics and start-ups to help your business problems
SOME RECOMMENDED LEGISLATION Met with Sen Bam and DTI to Look at Laws
that Favor Entrepreneurs 1113111 Immigration Tax incentivesholidays 1113111 Incorporation 6040 constitution Closing down company 1113111 Startup-related policy (Cryptocurrency E-commerce E-money
crowdfunding) 1113111 Exit and employment incentives Many othershellip
GRASS ROOTS ACTIVITIES ARE SPURRING UP TO SUPPORT THE ENTREPRENEUR ndash BUT WE NEED MORE
CO-ORGANIZED WITH THE DTI AND DOST THE OFFICIAL START-UP EVENT OF THE APEC (OVER 1000 ATTENDEES)
15
2015 There is funding support for each stage in the PH
ExpansionScale and Generate revenues
Market and Acquire initial customers
RampD Idea to Product
bull DOST RampDbull PhilDevbull ITSObull Techtalksphbull Googlebull Startup Weekbull Startup Grindbull Develop
Networks
bull IdeaSpacebull Founders
Institutebull PhilDevbull USAIDbull PSIA
(Seedph)
bull KickStart Venturesbull Hatchdbull Wireless Wingsbull ON3PlugandPlaySTACbull 500 Start-ups (California)bull Oxygen Ventures (Aus)bull IMJ Venture (JapSing)bull ManilaAngelsbull Golden Gate
bull ICCPbull Narra Venture
Capitalbull Brummer and
Partnersbull Bonifacio
Capitalbull Omidyarbull LGTVP bull Monks Hill
Valuation
Investment Size
Players
Started after 2011
lt $100K lt $2-5M gt $5M lt $500K
$10 -50K ~ $500k~ $100K
Idea Flow
THE KEY ELEMENTS OF INNOVATION ECOSYSTEMS
Technology Based Universities
Large Corporate Support to
Mentor and Pilot
Government Participation amp Government Incentives
Attractive Location
Entrepreneurs motivated to start
companies
SOME RECOMMENDATIONS ARE BEING IMPLEMENTED NOW BEEHIVE IN INTRAMUROS AND UP
Technology Based
University
Large Corporate Support to Mentor and
Pilot
Government Incentives and
Support
Attractive Location and
Facilities
Entrepreneurs motivated to
start companies
FLOO
R PL
ANS
FabLab HW Prototyping
Offices
CafeacuteCoworkingSpaces (including DOST and Student space)
EventsHall for Classes and Capacity Building
CAN WE CREATE A START-UP UMBRELLA ORGANIZATION
WHAT IS MY CHALLENGE TO THE ICT INDUSTRYSupport the Local ldquoUp and Coming Entrepreneurrdquo
Let your companies pilot PH born startups be their first customer or re-sell globally
Create a ldquosabbatical programrdquo for the innovators in your company ndash encourage innovation enterprises
Let executives and line managers mentor and provide expertise and experiences to start-ups
Be an Angel Investors to startups
Support the National Innovation Center Initiative and the PH Roadmap
Create local grass root events Look how to plug in and create your own community incubator
with the right support services Actively look for opportunities to collaborate with students
academics and start-ups to help your business problems
GRASS ROOTS ACTIVITIES ARE SPURRING UP TO SUPPORT THE ENTREPRENEUR ndash BUT WE NEED MORE
CO-ORGANIZED WITH THE DTI AND DOST THE OFFICIAL START-UP EVENT OF THE APEC (OVER 1000 ATTENDEES)
15
2015 There is funding support for each stage in the PH
ExpansionScale and Generate revenues
Market and Acquire initial customers
RampD Idea to Product
bull DOST RampDbull PhilDevbull ITSObull Techtalksphbull Googlebull Startup Weekbull Startup Grindbull Develop
Networks
bull IdeaSpacebull Founders
Institutebull PhilDevbull USAIDbull PSIA
(Seedph)
bull KickStart Venturesbull Hatchdbull Wireless Wingsbull ON3PlugandPlaySTACbull 500 Start-ups (California)bull Oxygen Ventures (Aus)bull IMJ Venture (JapSing)bull ManilaAngelsbull Golden Gate
bull ICCPbull Narra Venture
Capitalbull Brummer and
Partnersbull Bonifacio
Capitalbull Omidyarbull LGTVP bull Monks Hill
Valuation
Investment Size
Players
Started after 2011
lt $100K lt $2-5M gt $5M lt $500K
$10 -50K ~ $500k~ $100K
Idea Flow
THE KEY ELEMENTS OF INNOVATION ECOSYSTEMS
Technology Based Universities
Large Corporate Support to
Mentor and Pilot
Government Participation amp Government Incentives
Attractive Location
Entrepreneurs motivated to start
companies
SOME RECOMMENDATIONS ARE BEING IMPLEMENTED NOW BEEHIVE IN INTRAMUROS AND UP
Technology Based
University
Large Corporate Support to Mentor and
Pilot
Government Incentives and
Support
Attractive Location and
Facilities
Entrepreneurs motivated to
start companies
FLOO
R PL
ANS
FabLab HW Prototyping
Offices
CafeacuteCoworkingSpaces (including DOST and Student space)
EventsHall for Classes and Capacity Building
CAN WE CREATE A START-UP UMBRELLA ORGANIZATION
WHAT IS MY CHALLENGE TO THE ICT INDUSTRYSupport the Local ldquoUp and Coming Entrepreneurrdquo
Let your companies pilot PH born startups be their first customer or re-sell globally
Create a ldquosabbatical programrdquo for the innovators in your company ndash encourage innovation enterprises
Let executives and line managers mentor and provide expertise and experiences to start-ups
Be an Angel Investors to startups
Support the National Innovation Center Initiative and the PH Roadmap
Create local grass root events Look how to plug in and create your own community incubator
with the right support services Actively look for opportunities to collaborate with students
academics and start-ups to help your business problems
CO-ORGANIZED WITH THE DTI AND DOST THE OFFICIAL START-UP EVENT OF THE APEC (OVER 1000 ATTENDEES)
15
2015 There is funding support for each stage in the PH
ExpansionScale and Generate revenues
Market and Acquire initial customers
RampD Idea to Product
bull DOST RampDbull PhilDevbull ITSObull Techtalksphbull Googlebull Startup Weekbull Startup Grindbull Develop
Networks
bull IdeaSpacebull Founders
Institutebull PhilDevbull USAIDbull PSIA
(Seedph)
bull KickStart Venturesbull Hatchdbull Wireless Wingsbull ON3PlugandPlaySTACbull 500 Start-ups (California)bull Oxygen Ventures (Aus)bull IMJ Venture (JapSing)bull ManilaAngelsbull Golden Gate
bull ICCPbull Narra Venture
Capitalbull Brummer and
Partnersbull Bonifacio
Capitalbull Omidyarbull LGTVP bull Monks Hill
Valuation
Investment Size
Players
Started after 2011
lt $100K lt $2-5M gt $5M lt $500K
$10 -50K ~ $500k~ $100K
Idea Flow
THE KEY ELEMENTS OF INNOVATION ECOSYSTEMS
Technology Based Universities
Large Corporate Support to
Mentor and Pilot
Government Participation amp Government Incentives
Attractive Location
Entrepreneurs motivated to start
companies
SOME RECOMMENDATIONS ARE BEING IMPLEMENTED NOW BEEHIVE IN INTRAMUROS AND UP
Technology Based
University
Large Corporate Support to Mentor and
Pilot
Government Incentives and
Support
Attractive Location and
Facilities
Entrepreneurs motivated to
start companies
FLOO
R PL
ANS
FabLab HW Prototyping
Offices
CafeacuteCoworkingSpaces (including DOST and Student space)
EventsHall for Classes and Capacity Building
CAN WE CREATE A START-UP UMBRELLA ORGANIZATION
WHAT IS MY CHALLENGE TO THE ICT INDUSTRYSupport the Local ldquoUp and Coming Entrepreneurrdquo
Let your companies pilot PH born startups be their first customer or re-sell globally
Create a ldquosabbatical programrdquo for the innovators in your company ndash encourage innovation enterprises
Let executives and line managers mentor and provide expertise and experiences to start-ups
Be an Angel Investors to startups
Support the National Innovation Center Initiative and the PH Roadmap
Create local grass root events Look how to plug in and create your own community incubator
with the right support services Actively look for opportunities to collaborate with students
academics and start-ups to help your business problems
15
2015 There is funding support for each stage in the PH
ExpansionScale and Generate revenues
Market and Acquire initial customers
RampD Idea to Product
bull DOST RampDbull PhilDevbull ITSObull Techtalksphbull Googlebull Startup Weekbull Startup Grindbull Develop
Networks
bull IdeaSpacebull Founders
Institutebull PhilDevbull USAIDbull PSIA
(Seedph)
bull KickStart Venturesbull Hatchdbull Wireless Wingsbull ON3PlugandPlaySTACbull 500 Start-ups (California)bull Oxygen Ventures (Aus)bull IMJ Venture (JapSing)bull ManilaAngelsbull Golden Gate
bull ICCPbull Narra Venture
Capitalbull Brummer and
Partnersbull Bonifacio
Capitalbull Omidyarbull LGTVP bull Monks Hill
Valuation
Investment Size
Players
Started after 2011
lt $100K lt $2-5M gt $5M lt $500K
$10 -50K ~ $500k~ $100K
Idea Flow
THE KEY ELEMENTS OF INNOVATION ECOSYSTEMS
Technology Based Universities
Large Corporate Support to
Mentor and Pilot
Government Participation amp Government Incentives
Attractive Location
Entrepreneurs motivated to start
companies
SOME RECOMMENDATIONS ARE BEING IMPLEMENTED NOW BEEHIVE IN INTRAMUROS AND UP
Technology Based
University
Large Corporate Support to Mentor and
Pilot
Government Incentives and
Support
Attractive Location and
Facilities
Entrepreneurs motivated to
start companies
FLOO
R PL
ANS
FabLab HW Prototyping
Offices
CafeacuteCoworkingSpaces (including DOST and Student space)
EventsHall for Classes and Capacity Building
CAN WE CREATE A START-UP UMBRELLA ORGANIZATION
WHAT IS MY CHALLENGE TO THE ICT INDUSTRYSupport the Local ldquoUp and Coming Entrepreneurrdquo
Let your companies pilot PH born startups be their first customer or re-sell globally
Create a ldquosabbatical programrdquo for the innovators in your company ndash encourage innovation enterprises
Let executives and line managers mentor and provide expertise and experiences to start-ups
Be an Angel Investors to startups
Support the National Innovation Center Initiative and the PH Roadmap
Create local grass root events Look how to plug in and create your own community incubator
with the right support services Actively look for opportunities to collaborate with students
academics and start-ups to help your business problems
THE KEY ELEMENTS OF INNOVATION ECOSYSTEMS
Technology Based Universities
Large Corporate Support to
Mentor and Pilot
Government Participation amp Government Incentives
Attractive Location
Entrepreneurs motivated to start
companies
SOME RECOMMENDATIONS ARE BEING IMPLEMENTED NOW BEEHIVE IN INTRAMUROS AND UP
Technology Based
University
Large Corporate Support to Mentor and
Pilot
Government Incentives and
Support
Attractive Location and
Facilities
Entrepreneurs motivated to
start companies
FLOO
R PL
ANS
FabLab HW Prototyping
Offices
CafeacuteCoworkingSpaces (including DOST and Student space)
EventsHall for Classes and Capacity Building
CAN WE CREATE A START-UP UMBRELLA ORGANIZATION
WHAT IS MY CHALLENGE TO THE ICT INDUSTRYSupport the Local ldquoUp and Coming Entrepreneurrdquo
Let your companies pilot PH born startups be their first customer or re-sell globally
Create a ldquosabbatical programrdquo for the innovators in your company ndash encourage innovation enterprises
Let executives and line managers mentor and provide expertise and experiences to start-ups
Be an Angel Investors to startups
Support the National Innovation Center Initiative and the PH Roadmap
Create local grass root events Look how to plug in and create your own community incubator
with the right support services Actively look for opportunities to collaborate with students
academics and start-ups to help your business problems
SOME RECOMMENDATIONS ARE BEING IMPLEMENTED NOW BEEHIVE IN INTRAMUROS AND UP
Technology Based
University
Large Corporate Support to Mentor and
Pilot
Government Incentives and
Support
Attractive Location and
Facilities
Entrepreneurs motivated to
start companies
FLOO
R PL
ANS
FabLab HW Prototyping
Offices
CafeacuteCoworkingSpaces (including DOST and Student space)
EventsHall for Classes and Capacity Building
CAN WE CREATE A START-UP UMBRELLA ORGANIZATION
WHAT IS MY CHALLENGE TO THE ICT INDUSTRYSupport the Local ldquoUp and Coming Entrepreneurrdquo
Let your companies pilot PH born startups be their first customer or re-sell globally
Create a ldquosabbatical programrdquo for the innovators in your company ndash encourage innovation enterprises
Let executives and line managers mentor and provide expertise and experiences to start-ups
Be an Angel Investors to startups
Support the National Innovation Center Initiative and the PH Roadmap
Create local grass root events Look how to plug in and create your own community incubator
with the right support services Actively look for opportunities to collaborate with students
academics and start-ups to help your business problems
FLOO
R PL
ANS
FabLab HW Prototyping
Offices
CafeacuteCoworkingSpaces (including DOST and Student space)
EventsHall for Classes and Capacity Building
CAN WE CREATE A START-UP UMBRELLA ORGANIZATION
WHAT IS MY CHALLENGE TO THE ICT INDUSTRYSupport the Local ldquoUp and Coming Entrepreneurrdquo
Let your companies pilot PH born startups be their first customer or re-sell globally
Create a ldquosabbatical programrdquo for the innovators in your company ndash encourage innovation enterprises
Let executives and line managers mentor and provide expertise and experiences to start-ups
Be an Angel Investors to startups
Support the National Innovation Center Initiative and the PH Roadmap
Create local grass root events Look how to plug in and create your own community incubator
with the right support services Actively look for opportunities to collaborate with students
academics and start-ups to help your business problems
CAN WE CREATE A START-UP UMBRELLA ORGANIZATION
WHAT IS MY CHALLENGE TO THE ICT INDUSTRYSupport the Local ldquoUp and Coming Entrepreneurrdquo
Let your companies pilot PH born startups be their first customer or re-sell globally
Create a ldquosabbatical programrdquo for the innovators in your company ndash encourage innovation enterprises
Let executives and line managers mentor and provide expertise and experiences to start-ups
Be an Angel Investors to startups
Support the National Innovation Center Initiative and the PH Roadmap
Create local grass root events Look how to plug in and create your own community incubator
with the right support services Actively look for opportunities to collaborate with students
academics and start-ups to help your business problems
WHAT IS MY CHALLENGE TO THE ICT INDUSTRYSupport the Local ldquoUp and Coming Entrepreneurrdquo
Let your companies pilot PH born startups be their first customer or re-sell globally
Create a ldquosabbatical programrdquo for the innovators in your company ndash encourage innovation enterprises
Let executives and line managers mentor and provide expertise and experiences to start-ups
Be an Angel Investors to startups
Support the National Innovation Center Initiative and the PH Roadmap
Create local grass root events Look how to plug in and create your own community incubator
with the right support services Actively look for opportunities to collaborate with students
academics and start-ups to help your business problems