StartupIsland.ph supports startups in the Philippines, especially in the Visayas region. By fostering innovation, facilitating connections with mentors and potential organisations. With a focus on hubs like Cebu, known for its avant-garde and growing ecosystem, it provides opportunities and resources to budding entrepreneurs networking activities include access to funding and workshops in all key stages of a startup lifecycle.
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The Department of Trade and Industry (DTI) Cebu's Negosyo Center in collaboration with Startup Island Cebu co-funded local startup with the help of the Cebu business community who became angel investors.
It was the first attempt in partnership with the Cebu Chamber of Commerce and Industry (CCCI) conducted a seminar on Angel Investing, providing an understanding of how angel investors identify early stage companies. This is a key need to make the business community understand the dynamics of startups and angel investing to help them invest in the Philippine startup community.
Angels in training, Members of the Cebu Chamber of Commerce and Industry and the Mindanao Chamber of Commerce and Industry recently attend a seminar on angel investing.
"We target those entrepreneurs who are ready for this bidding. We want them to be more open to sharing their pain and pitfalls," said Aljon, noting that a startup without a high-risk, high-reward mindset is a red flag.
"The business community can provide mentorship for our startups or leaders in their respective industries," said Aljon. "It's an open door for these startups."
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Congratulations to Farmtri and Zplatz.com, our incredible mentees from the ongoing 7th Cohort of Startup Island PH! We're beyond ecstatic to see these groundbreaking startups take the stage at the South Summit in Suwon, South Korea from September 24th to 28th!