Fostering Startup Culture and Innovation for Small Enterprises: The Philippine Startup Ecosystem Development Program VICHAEL ANGELO D. ROARING Commercial Counselor PHILIPPINE TRADE & INVESTMENT CENTER Mexico City International Conference Puerto Vallarta, Mexico 4 November 2016
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Fostering Startup Culture and Innovation for Small ...€¦ · Fostering Startup Culture and Innovation for Small Enterprises: The Philippine Startup Ecosystem Development Program
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Fostering Startup Culture and Innovation for Small Enterprises:
The Philippine Startup Ecosystem Development Program
��“AA linchpin of innovation policy is collaboration between government and industry - creating an enabling environment conducive to sustainable growth of startups and contributing to the development agenda for inclusive growth.”�
Source: Innovation Economics: The Race for Global Advantage (Yale University Press), Robert D. Atkinson and Stephen J. Ezell�
The Philippine Startup Ecosystem�
“The PPhilippine Startup ecosystem is still in its infancy – funding is scarce, experienced talent is hard to find, payment, delivery and internet infrastructure is poor. But for all those challenges, opportunities are abound – the local market is big and competition is still very low. ��Widely spoken English and a super-friendly culture make the Philippines a great first base for startups aspiring to tackle Southeast Asia.” �
� � �– Ron Hose, Philippine Startup Report, 2013�
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�Chapter 3: �
Competitive and Innovative Industry and Services Sector��
Fostering an entrepreneurial culture by encouraging Filipinos to invest intheir own businesses and become
successful and innovative entrepreneurs� �
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Strategy 8: �
Enhance the innovative capacity of the export sector through an efficient system of national innovation�
�Calls for the creation of the innovation ecosystem for startups and
other businesses��
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Focused on developing internet-related innovation in the Philippines to generate digital startups that will
“Real ecosystems are not entirely in our control. The bigger they are, the less they are (in our control). But we can look at how can you influence these components in order to sustain and nurture the ecosystem.” ��
� � � � � �– David Hall �� � � � � USAID STRIDE�
Action PlanSummary�
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Action PlanSummary�
�The Startup Ecosystem Development Plan has Five Action Agenda: � �
AAction Agenda #1: Increase culture and collaboration�
Action Agenda #2: Address legal and regulatory barriers�
Action Agenda #3: Support through government services, capital and resources�
Action Agenda #4: Create a national innovation council ��
Action Agenda #5: Establish a Philippine innovation economic zone �
Action 1.1 �Public-Private Dialogues and Summit
Action 1.2 �DTI Negosyo Center Plus
Action 1.3 �SlingshotPH online portal
Action 1.4 �Innovation Culture Awareness Campaign
�
Action Agenda #1: Increase culture and collaboration�
TECHSTARS & GEEKS ON BEACH IN BOHOL – AUGUST 2016�