Philippine indiepreneurs to launch live Shark Tank style funding show

A pilot shoot of the Philippine-based indiepreneur funding show I'm In.

A group of indiepreneurs in the Philippines focusing on the creative economy are working together to launch a live reality-based business funding TV show patterned after Shark Tank in the US.

In an interaction with DEALSTREETASIA, enterprise transformation expert Winston Damarillo, said the show will be called “I’m In” with the goal to also create a funding event for indiepreneurs or people who are into food business, music, arts, fashion, or technology like government transparency, among others.

“Our aim for the show is obviously to get these new breed of entrepreneurs to be funded by angel investors who are here because they have a very strong interest in supporting the next generation of entrepreneurs for the country,” he said.

Also Read: Exclusive: US investment firm Capital Advisors aims to boost crowdfunding in Philippines

Damarillo will host the show which will be aired on TV and livestream online. He is the current PLDT Capital managing director, and founder and CEO of digital and big data solutions firms Amihan Global Strategies (AGSX), and Acalep.

He is also a co-chair of OCEAN (Open Collaboration with East Asia New Champions), a biennial gathering of leaders across sectors in the Philippines.

“Open source is essentially the show’s model. The rest of Asean can do this and we’re gonna go basically expand what we’re gonna learn here in the Philippines to other Asean countries,” Damarillo said.

‘I’m In’ is being crafted as a dual-screen show, intended to be watched on TV with a mobile phone so viewers can interact and engage. The TV network that will carry the show has yet to  be announced.

Also Read: Philippine govt urges VCs to invest in local startups

“We’re gonna connect crowdfunding to venture funding at the same time on a TV show,” Damarillo said.

He noted the I’m In show is not about finding the next Facebook, Google, Uber, or Airbnb, but the next mass industry in the Philippines.

“The goal is to fund hundreds of creative entrepreneurs which we think are severely underserved. They are industries that if we do well can accelerate and even improve the Philippines’ position as one of the fastest growing economies in Asia,” Damarillo said.

Besides funding, he added that the show could help indiepreneurs get support in terms of mentoring, and distribution.

Also Read:

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PLDT Capital shifting investment strategy from Silicon Valley to Asean: Winston Damarillo

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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.