The Philippine Startup Roadmap, launched at the recently concluded Geeks on a Beach (GOAB) tech conference in Boracay, is aiming to spawn some 500 startups with an estimated cumulative valuation of $2 billion by 2020.
Monchito Ibrahim, deputy executive director of the ICT Office of the Department of Science and Technology, led the launch of the roadmap which he described as a list of what the Philippine startup community needs to do.
The roadmap declares that its “main goal is to produce the next billion dollar tech startup from the Philippines”.
“The launch of the roadmap is just the beginning,” said Tina Amper of TechTalks.ph, the community that organized the annual Geeks on a Beach conference.
“The next steps of implementing, funding and constant collaborating are critical to positive impact to the Philippine economy,” she said adding that GOAB 2015 generated inquiries to take GOAB to other parts of the country.
“We are open to partnering with like-minded companies who can bring this happiness business to other parts of the world,” Amper said.
According to Amper, “Year 3 produced lots of positive feedback from participants about connections made, lessons learned, dreams re-discovered, and passions stirred.”
“We are so honored to work with some of the best in the country and the world during GOAB3. With the solid support of our co-organizer DOST-ICT Office and the groundbreaking launch of the Philippine Startup Roadmap, TechTalks.ph feels a sense of accomplishment in participating in this collaborative effort to uplift our startup founders and aspiring entrepreneurs,” she said.