More help is coming to further spur the growth of the Philippine startup ecosystem.
To realize this, the Department of Information and Communications Technology (DICT) and the QBO Innovation Hub (QBO) have inked a Memorandum of Agreement (MOA) on October 9 as they formalized their long-time partnership.
Part of the MOA includes a seven-city national roadshow to conduct what they dubbed the DICT Startup Basiqs Workshops.
They kicked off the roadshow on October 3 with an introductory workshop on startup entrepreneurship in Calapan, Oriental Mindoro.
DICT and QBO, formed through a partnership between the public and private sector, are set to rev up the workshops in the country’s various regions, notably in Mati City, Davao; Tagbilaran City, Bohol; Clark, Pampanga; Baguio City; Iloilo City; and Cagayan de Oro City in Mindanao. No schedule has yet been provided for the remaining six locations.
In a statement from the DICT provided by QBO to SDN — Scitech and Digital News the government agency explained the workshop’s objective, which is nurture the growth of the country’s startup ecosystem by encouraging budding “technopreneurs” and help them put their ideas into working models using experiential learning and skills building.
Undersecretary Monchito B. Ibrahim, in-charge of DICT Regional Operations and Countryside Development, cited the importance of the workshop.
“Through the Startup Basiqs Workshop, the DICT is taking on the challenge of providing the startups the support they need so they can start building their digial startups.
“I hope the startups and technopreneurs in the areas where the workshops will be held will take the opportunity of learning the basics of technopreneurship,” he said.
In a related development, top China and Asian venture capital (VC) firm Gobi Partners have partnered with Manila-based Core Capital, a newly-formed VC startup itself, also to help promising Philippine startups that are already revenue-generating.
The two VC companies launched their Gobi-Core Philippine Fund (PH Fund) worth US$10 million on October 10 in Makati City.
Gobi Partners is a already a giant in the VC world in China and Asia, while Core Capital is not a year-old yet.
Ibrahim said the startup workshops are offered free, open to the public.
Awaiting participants are lectures on learning about the startup mindset, tech entrepreneurship, and tools such as lean startup and business model canvas — learning that they can add to their toolkit.
Students, professors, and aspiring technopreneurs may register through https://dictstartupbasiqs.eventbrite.com.
Ibrahim, QBO Innovation Hub president Rene “Butch” Meily signed the MOA.
QBO is dedicated to developing the Philippine startup ecosystem by supporting innovation, technology development, and entrepreneurship. It is the first public-private initiative along the line of startup development.
The Startup Basiqs workshop adheres to the QBO’s vision of inspiring the spirit of entrepreneurship all over the country by giving Filipinos the basic knowledge on how to start a startup.
Katrina Chan, QBO director, laid down QBO’s vision.
“It is our vision to see more Filipino startups succeed. We think that through more dynamic collaboration with the government such as this program with DICT to promote the innovation mindset in the countryside, we can realize this vision in the near future,” she said.
The DICT Startup Basiqs workshops fall under the seedPH Program aimed at strengthening the development of communities in the countryside crucial to spreading the startup advocacy in the country, the DICT said.
In the form of open innovation systems, startup diversity and maturity, startup support is critical as digital transformation is one of the criteria in the Tholons Services Globalization Index in the ranking of Super Cities, the agency added.
The workshops also support the Philippine Roadmad for Digital Startup initiative of conducting grassroots activities aimed at encouraging the conduct of quality valued-generating events. (EKU)