Investors launch business funding reality TV show in Philippines

The Final Pitch formally launched on February 7, 2017 in Makati City. From left are Streetpark Productions founder and president John Aguilar, venture capitalist Jose 'Jomag' Magsaysay, MFT Group CEO Mika Tan, Calata Corp chairman and CEO Joseph Calata, and Sterling Group of Companies chairman and CEO Dr. Henry Lim Bon Liong.

A group of investors and entreprenuership mentors, in partnership with the Philippines’ trade department unveiled on February 7 a reality-based business funding TV show in the country called The Final Pitch.

Inspired by the Emmy Award-winning shows ‘Shark Tank’ and ‘The Apprentice’, The Final Pitch will be aired  in May 2017.

Another similar business reality TV platform  was announced a few months ago. The show “I’m In” did its pilot shoot last November and might also be launched this year.

The Final Pitch creator and host John Aguilar, founder and president of Streetpark Productions Inc, said contestants will go through a business boot camp and series of challenges for their chance to make their pitch in a funding round.

Also Read: Philippine indiepreneurs to launch live Shark Tank style funding show

It will challenge entrepreneur contestants in the realities of scaling their existing businesses ― from exploring funding options, refining their business plans, and marketing their products and services.

The size of funding will depend on the scalability of the business idea, and at which phase it is.

“The Final Pitch aims to help entrepreneurs find success by connecting them to investors who can finance them, and to mentors who can fine-tune their businesses — reducing risk factors and boosting growth potential and sustainability,” Aguilar said.

Some of the investors in the upcoming show include Henry Lim Bon Liong of Sterling and SL Agritech, Joseph Calata of Calata Corp, Mica Tan of MFT Group, and venture capitalist Joe Magsaysay.

The mentors include Senator Bam Aquino, Department of Trade and Industry secretary Ramon Lopez, Ateneo Center for Entrepreneurship president Andy Ferreria, and Start Up Village chairman and professor Jay Bernardo.

Also Read: Philippines 2017: Host of new startup enablers to boost ecosystem

Aguilar said the show is on the lookout for a final investor who will complete the investor panel, someone who is not just a successful business person with the capability to invest, but who would also like to see and help other entrepreneurs succeed.

“The Philippines is host to so much untapped talent. With this show, we will find people who have great ideas and the willingness to overcome challenges, which are important qualities of a successful entrepreneur,” Aguilar said. “This is also one way to help venture capitalists search for and nurture the next big business idea. We want to reinvigorate entrepreneurship in the Philippines, and rethink how we can contribute to its success.”

Also Read:

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Dearth of IPOs in ‘fastest growing economy’ Philippines may end in 2017: Roel Refran

Endeavor Philippines to bring six ‘high-impact entrepreneurs’ to its network in 2017

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.