Building a Sustainable Startup Ecosystem: The Role of DICT and the IIDB

Wazzup Pilipinas!?


As the Philippine startup ecosystem continues to expand, the Department of Information and Communications Technology (DICT) plays an instrumental role in fostering sustainable growth through initiatives that encourage innovation, job creation, and digital transformation. Under the guidance of the ICT Industry Development Bureau (IIDB), DICT has implemented various strategies to support the startup community and ensure the country's global competitiveness in the digital economy.



The DICT's Mission and IIDB's Role in Shaping the ICT Landscape

The DICT is dedicated to planning, developing, and promoting the national ICT agenda to support the sustainable growth of the ICT-enabled industries. Through this agenda, DICT aims to create jobs and enhance the Philippines' standing as an innovation hub in Asia.

The IIDB serves as a vital arm of the DICT, working to develop a resilient ICT industry ecosystem by implementing interventions that:


Institutional Development: Collaborate with public and private sectors to drive job opportunities, innovation, and digital entrepreneurship.

Policies and Regulations: Shape the regulatory environment to foster a fair and growth-oriented marketplace.

Capability Development: Provide education and training to equip the workforce with essential skills for digital careers, including software development, AI, and data analytics.

Marketing & Promotions: Promote ICT-enabled services, especially in rural areas, to raise awareness of the opportunities in this growing sector.



The Innovative Startup Act: Empowering Filipino Innovators

The passage of Republic Act No. 11337, also known as the Innovative Startup Act, marked a turning point for the startup community in the Philippines. This law provided a structured approach to support startups, offering benefits and resources designed to drive innovation and enable growth. DICT, alongside other lead agencies like the Department of Trade and Industry (DTI) and the Department of Science and Technology (DOST), actively promotes the Philippine Startup Development Program (PSDP). This initiative aims to create an environment where local innovations can flourish, evolve into actual products, and scale to global markets.



Comprehensive Support Throughout the Startup Journey

The IIDB has crafted a series of initiatives that support entrepreneurs at every stage of their journey, from ideation to product development and scaling.

Philippine Startup Ecosystem Thrives with Government Support

The Philippine government, through the Department of Information and Communications Technology (DICT), is playing a pivotal role in fostering the growth and development of the country's startup ecosystem. The PSDP (Philippine Startup Development Program) gears the ISA (Information and Communications Technology Office of the Department of Science and Technology, the Development Bank of the Philippines, and the Bases Conversion and Development Authority) agencies to support research and development, promote participation in local and international events and competitions, collaboration, and the overall growth of enterprises.

The joint administrative order signed by the executives of the three leading agencies overseeing the PSDP, as mandated by RA 11337 or the Innovative Startup Act, has been a prominent initiative to provide comprehensive support for startups across all stages of their development.

The DICT, through its Startup Program - the Digital Startup Development and Acceleration Program (DSDAP), aims to further widen and enrich the startup ecosystem by providing adequate support and opportunities for aspiring and established startups alike. This aligns with the government's broader goal of stimulating the growth of technology-based startups in the country.

Notably, the Philippines has been recognized as one of the most dynamic economies in the East Asia and Pacific Regions, with the Startup Ecosystem being a significant driver of economic growth. The country's startup ecosystem has recently been ranked 60th globally and maintained its 6th position among Asian countries, according to the Startup Blink report. Additionally, five Philippine cities continue to climb the top 1000 cities list worldwide, further showcasing the country's vibrant startup landscape.

While there have been slight downturns in the said lists, the DICT remains committed to further enhancing the startup ecosystem in the Philippines. The agency's aspirations for a vibrant future of the startup ecosystem are proven to be attainable by the continuous growth in numbers in terms of funding. In 2021, the estimated total funds raised by startups in the Philippines amounted to a total of 1.03 Billion Dollars, and this is projected to increase through the years.

The DSDAP aims to achieve the following objectives: stimulate the growth of technology-based startups, develop and promote local startup ecosystems, and extend ample, appropriate, and accessible support to startups in the countryside. These strategic initiatives underscore the Philippine government's unwavering commitment to fostering a thriving and inclusive startup environment that can drive economic growth and innovation.


Here’s how DICT has been empowering Filipino startups:


Awareness and Knowledge Sharing:

DICT provides knowledge-sharing opportunities and awareness programs to build capabilities within the local startup ecosystem.

Funding Support:

Startups can access grants and incentives, helping reduce the financial burden during the critical early stages.


Information Gateway:

Establishing a platform that connects startups with investors and enablers.


Strategic Partnerships:

Working closely with venture capitalists and other startup enablers to create a supportive network.


Economic Growth Contributions:

By fostering a robust startup environment, the DICT aims to attract investors, contributing to a healthier and more dynamic economy.

These initiatives align with the department’s mission to position the Philippines as a viable and attractive destination for technology-driven investments.

DICT's Strategic Initiatives to Empower Startups

The IIDB has plotted a detailed roadmap known as the "Startup Founders' Journey," with initiatives aimed at addressing the specific needs of Filipino entrepreneurs. Some of the key programs under this roadmap include:


SCALE (Startup Community and Locale Enhancement):

Focuses on startup mapping activities, helping identify and engage local startup communities.

RAISE (Raising Awareness and Inspiring the Startup Ecosystem):

Offers learning modules and events such as Philippine Startup Week and Geeks on a Beach to cultivate industry knowledge and engagement.

STEP UP (Startup-Tailored Empowerment and People-focused Upskilling):

This is the acceleration component, which includes initiatives like the Philippine Startup Challenge, empowering startups through skills training.

Startup Grant Fund (SGF):

Supports early-stage startups with funding and coaching, allowing them to refine their concepts or minimum viable products.

Startup Philippines Website:

A dedicated portal offering a one-stop shop for startup resources, information, and support.



Milestones of DICT's 2024 Startup Development Initiatives

In 2024, DICT’s startup development initiatives, led by the DSDAP (Digital Startup Development Acceleration Program), achieved notable accomplishments, enhancing the local startup ecosystem significantly:


Six (6) Startup Ecosystem Maps Developed:

These maps provide valuable insights into the existing startup communities, allowing stakeholders to understand local trends and opportunities better.

Twenty-One (21) Startup Grant Beneficiaries: 

Funding and mentorship were granted to startups with innovative and viable ideas, giving them the boost they needed.

Sixty-One (61) Awareness and Enrichment Activities:

 
These initiatives reached thousands of participants, spreading essential knowledge and inspiration across the ecosystem.

Two (2) Regionalized Startup Acceleration Projects: 

These projects engaged twenty startup acceleration teams, providing intensive support and guidance.

13,014 Participants in Enrichment Activities:

Over 13,000 individuals participated in DICT-led startup enrichment sessions, reflecting strong community interest and engagement.

Philippine Startup Challenge:

Over its nine-year run, the challenge has brought together 2,861 participants from 214 academic institutions, resulting in 783 submissions from aspiring entrepreneurs.


The Future of Philippine Startups:

 

Building a Resilient Ecosystem

The achievements of 2024 demonstrate DICT's unwavering commitment to building a robust and sustainable startup ecosystem in the Philippines. Through the collaborative efforts of government agencies, industry leaders, and aspiring entrepreneurs, the Philippines is steadily establishing itself as a hub for digital innovation in Asia.

With continued support, mentorship, and funding, Filipino startups have the potential to make significant impacts on both local and global scales. DICT’s initiatives not only equip startups with the tools they need but also encourage a culture of innovation, positioning the Philippines as an emerging leader in the global digital economy.

This highlights DICT's role in nurturing the startup ecosystem, showcasing how the government’s support creates a fertile ground for digital innovation and growth in the Philippines.

Karaoke Manekineko Celebrates Eko Cheras Branch's 7th Anniversary with Exclusive Promotions!

To mark its 7th anniversary, Karaoke Manekineko at Eko Cheras is rolling out unbeatable pricing for a limited time. Guests can enjoy karaoke at RM11++ per hour or RM15++ for a three-hour session, valid all day and every day of the week. Additionally, celebrate with a special RM50++ offer for a bucket of five Carlsberg or Royal Stout beers.

Karaoke Manekineko is excited to celebrate the 7th anniversary of its Eko Cheras branch with special promotions that are too good to miss! As a way to thank loyal patrons and welcome new faces, we’re offering exclusive discounted rates for a limited time. Now, customers can enjoy karaoke sessions at incredible prices: only RM11++ per person for a one-hour session or RM15++ per person for a three-hour session. These rates are available all day and all week, giving guests the flexibility to celebrate whenever it’s convenient for them.

In addition to affordable karaoke, Karaoke Manekineko is also bringing you a fantastic beer promotion. For only RM50++, customers can get a bucket of five bottles of Carlsberg or Royal Stout. This special offer is perfect for groups looking to enhance their karaoke experience with refreshing drinks, adding more fun to the music-filled environment. Whether you're gathering with friends, celebrating a special occasion, or just looking to unwind after a long day, this promotion allows you to enjoy quality time and great value.

Since opening its doors seven years ago, the Eko Cheras branch has been a favorite spot for karaoke lovers in the area, known for its vibrant atmosphere, high-quality sound systems, and comfortable private rooms that provide a cozy space for groups of all sizes. We are proud to have become a popular entertainment destination in Eko Cheras, and this anniversary promotion is a way for us to show appreciation to our customers for their continued support.

Whether you’re a long-time karaoke enthusiast or a newcomer, this is the perfect opportunity to experience the joy of karaoke at unbeatable prices. Enjoy the freedom to choose your favorite songs, sing your heart out, and create unforgettable memories with friends and family. Don’t miss out on this anniversary celebration—head over to Karaoke Manekineko Eko Cheras and take advantage of these fantastic deals!

Please note that all prices are subject to an additional SST of 8% and a 10% service charge.

Be sure to follow Karaoke Manekineko’s social media channels to stay updated on this promotion and other exciting offers.

About Koshidaka International KL Sdn Bhd

Koshidaka International was incorporated in 2021 at Kuala Lumpur, Malaysia as a full subsidiary of Koshidaka Holdings. The company serves as a management consultancy arm for the Karaoke Manekineko operations in Malaysia, Thailand, and Indonesia. Karaoke Manekineko is a friendly and safe environment for Karaoke that is designed to accommodate a diverse range of customers, from families with young children to groups of friends and corporate teams.

Dream Big with Crimson’s 10 Overseas Education Expo in Singapore

Join workshops, win prizes, and discover top universities at Crimson's biggest event of the year.

Crimson Education is hosting an engaging educational expo designed to provide comprehensive insights into the US and UK admissions processes, alongside valuable workshops led by industry experts. This event aims to equip students with the essential tools and knowledge needed for successful university applications. Attendees can expect a wealth of information and resources, including guidance on leveraging unique experiences such as national service, which is particularly relevant for Singaporean students.

At the expo, attendees will be able to explore ten dynamic booths, each focused on a key aspect of the university application process. These booths will cover topics such as:

Mind Culture: Balancing University Applications and Stress Management

Discover the importance of mental well-being in the academic journey and learn practical strategies to cultivate a positive mindset during this stressful period.

National Service: Maximise Your Experience

Learn how to effectively highlight your national service experience to enhance your application. Gain tips on showcasing your achievements and the skills you’ve developed.

Crimson Global Academy: Accelerate Academic Growth

Find out how Crimson Global Academy can accelerate your academic progress through innovative programs designed to boost learning.

Enhance Your Profile: Academic Research Mentorship

Explore opportunities for mentorship with top professors and PhD teaching fellows to transform your academic passion into publishable research.

Global Work Experience: Virtual Work-Experience in Fortune 500 Companies

Enhance your university candidacy with guided professional experiences at top companies, allowing you to build impactful project-based work and expand your network.

Essays: Crafting Personal Narratives

Master the art of writing compelling personal statements with tips on crafting engaging narratives that highlight your strengths and passions.

Application Strategy: Essential Steps for a Stronger Application

Discover key strategies for crafting a standout university application and receive personalised insights from our Academic Advisors.

Tutoring: Boost Your Grades

Access tailored support for SAT/ACT preparation, AP/IB/A-Level subjects, and UK university entrance exams to ensure you perform well on critical assessments.

Graduate School Admissions: Post-Graduation Pathways

Explore options for graduate school admissions and receive guidance on navigating different career and academic pathways.

Crimson Information Hub

Visit the Crimson Information Hub to ask questions about the expo and learn more about how Crimson Education can support your academic journey.

In addition to these workshops and booths, the event will feature the announcement of the 2 winners of the inaugural Crimson 10 Overseas Education Scholarship. This scholarship provides full support services valued at over SGD 100,000 to two deserving Singaporean students, helping them navigate their applications to the most competitive universities in the US and UK.

The Crimson Education x Mind Culture Pilot Programme will be launched at the event, featuring a pre-recorded workshop series titled Self-Discipline and Resilience: A Toolkit for Teens’ Mental Wellness. Each 1.5-hour workshop will complement Crimson's programmes, providing students with essential tools to enhance their academic performance and mental well-being. This series offers valuable support by equipping students with strategies to manage stress and build resilience throughout the admissions process.

WHEN: The event will take place on Saturday, 16 November 2024, from 11:00 AM to 5:00 PM. Booths will remain open until 4:00 PM, with speaking sessions extending until 5:00 PM.

WHERE: Novotel Singapore on Stevens, 28 Stevens Rd, Orchard District, Singapore 257878.

HOW: Participants can expect a day filled with expert-led workshops, informative booths, and the opportunity to engage with professionals in the education sector. Exclusive resources and goodie bags will also be available for attendees, ensuring they leave equipped with valuable insights for their academic journey.

To register for the expo, please visit :

https://www.crimsoneducation.org/sg/campaign/crimson-10-overseas-education-expo/

WHO: A lineup of key speakers will be present at the expo. Jamie Beaton, Co-founder and CEO of Crimson Education, will share his remarkable journey, detailing how he earned admissions to 25 of the world’s top universities before establishing Crimson to empower other students in their educational pursuits.

Joanne Gao, Regional Manager, will offer firsthand insights into the admissions processes for prestigious Ivy League and UK institutions.

Jamus Lim, Member of Parliament for the Workers’ Party, representing Sengkang GRC, brings his dual perspective as both an educator and politician, offering valuable insights from his role as an Associate Professor of Economics at ESSEC Business School.

Other notable speakers include Katina Moody, a representative from the US Embassy in Singapore, who will provide insights into the American education system, and Kane Flaherty, a representative from the British Council, discussing UK education pathways. Additionally, Kim Quek, a psychotherapist from Mind Culture, will address the importance of mental well-being during the application process, while Jay Mehta, Director at FRR Immigration, will share insights on navigating immigration for studies abroad. Lastly, Mohini Bishnoi, General Manager at Indigo Research, will provide guidance on research opportunities for aspiring students.

About Crimson Education

Founded in 2013, Crimson Education is a global leader in personalised university admissions consulting, helping students achieve their dreams of attending prestigious institutions such as the Ivy League, Oxford, and Cambridge. With over 2,400 expert mentors and a presence in 50 countries, Crimson supports students in navigating the competitive admissions process, offering tailored guidance in application strategy, tutoring, and extracurricular development. Crimson also launched Crimson Global Academy, an online high school providing IGCSE, A Levels, and AP curricula, empowering students to achieve academic excellence and connect globally.

For more information on Crimson Education’s services and future events, visit https://www.crimsoneducation.org/sg/