Philippine govt launches first global ICT biz incubator hub

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The Philippine government recently launched the country’s first international ICT business incubator hub meant to help local technopreneurs develop their ideas and products in world-class levels.

Dubbed “Palawan International (ICT) Business Incubatorcum Start-up Hub” or Palawan ITBI, it is a collaboration among the Department of Science and Technology-Mimaropa (DOST-Mimaropa), Palawan State University (PSU), Palaweño ICT Association (PICTA) and Make a Difference (MAD) Industries of Malaysia.

Launched at the Palawan State University-Main Campus in Puerto Princesa City, the Palawan ITBI will be operated under the MAD Incubator management framework.

Also read: Philippines 2015: These 16 tech-driven startups made a mark as investors bought into their ideas

Palawan ITBI is expected to create additional jobs and introduce local technology ventures into the Asean Economic Community including the East Asean Growth Area which consists of Brunei, Indonesia, Malaysia, and the Philippines.

According to DOST-MIMAROPA regional director Josefina Abilay, the Palawan ITBI will allow “ideas to be transformed into products and start-ups can be guided to become full-fledged entrepreneurs.”

The Philippine government through DOST-ICT Office (DOST-ICTO) recently embarked on a five-year strategy of boosting the entrepreneurial ecosystem by launching the country’s first Startup Roadmap that targets to create 500 startups accounting for a cumulative valuation of $2 billion by 2020.

Also Read:

Philippine tech startup roadmap guns for 500 startups with $2b valuation by 2020

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.