Philippines, APEC form new startup conference ‘SlingshotMNL’

(From left) Executive director Raymond Batac of DTI’s Foreign Trade Service Corps (FTSC), Earl Valencia of Ideaspace Foundation, trade service officer Michael Ignacio of DTI FTSC, Jojo Flores of Plug and Play Tech Center, Jay Fajardo of Launchgarage, and Minette Navarrete of Kickstart Ventures.

The Philippine government, local startup community, and Asia-Pacific Economic Cooperation (APEC) have partnered to create SlingshotMNL — a new startup conference that will be held annually in the country as well as overseas.

Organised by the Department of Trade and Industry (DTI), SlingshotMNL is in line with with the Government’s plans to get the small businesses in the front and center of global and regional trade.

SlingshotMNL is set to debut on July 6 to 7, 2015 at the Philippine International Convention Center in Pasay City and will feature top international figures in the field of startups.

Also read: Nearly 100 startups funded, PH community gains momentum

Earl Martin Valencia, president of tech startup accelerator IdeaSpace Foundation, told DEALSTREETASIA in an interview that SlingshotMNL “could be the first of many Slingshots.”

“There are two possibilities, one is we’ll do it always in the Philippines every year. And the other possibility is APEC  and we can take it and have SlingshotMNL at Peru next year,” Valencia said.

Also read: IdeaSpace to incubate 23 new startups in PH

According to DTI secretary Gregory Domingo and undersecretary Ponciano Manalo Jr, SlingshotMNL is meant to support micro and small enterprises (MSEs) and establish and develop next generation of world-changing companies in the Pacific Rim.

“Equitable and inclusive growth can only be attained when an enabling environment promotes the full participation of micro and small enterprises in global trade,” Domingo said.

Also read: PH to get its first ever tech startup roadmap

Some of the leading figures in the international startup community who are scheduled to lead discussions in the conference are Startup Chile founder Nicolas Shea, Hugh Mason from leading Asian investment firm JFDI Asia, Jeffrey Chi of the Singapore Venture Capital & Private Equity Association (SVCA), and Professor Richard Dasher from Stanford’s Graduate School of Business, among others.

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.