Friday, June 21, 2024

Gov?t hopes 4th PH Startup Challenge will stir up startup scene

After the country?s top cities were downgraded in the latest rankings of the top outsourcing destinations in the world, the government is hoping that a nationwide startup contest will boost the local startup ecosystem.

DICT undersecretary Monchito Ibrahim speaking during the launch of the 4th PH Startup Challenge
DICT undersecretary Monchito Ibrahim speaking during the launch of the 4th PH Startup Challenge

The lack of a vibrant local startup sector was the main reason why Philippine cities went down in rankings in the report conducted by London-based consulting firm Tholons.

To prop up the startup scene, the Department of Information and Communications Technology (DICT) and the Philippine Software Industry Association (PSIA) recently launched the fourth edition of the Philippine Startup Challenge (PSC).

Now on its fourth year, PSC is geared towards encouraging college students to focus on solving 25 local problems in the country with the use of information and communications technology.

?We would like to encourage more colleges and universities to participate in this competition because we wanted to inspire more members of the youth force to bring their knowledge into practice by solving societal problems particularly those that we Filipinos experience everyday,? said DICT undersecretary Monchito Ibrahim.

In preparation for the competition, the DICT will be hosting a bootcamp series to empower college instructors and professors, who will become mentors of participating student teams in the competition.

The PSC Mentors? Bootcamp will be conducted in various locations across the Philippines. This one-day bootcamp will cover topics on the technical and business aspects of building a startup. Bootcamps will be facilitated by partners from the Philippine Software Industry Association, Titanium Technologies and UP Enterprise.

The PSC is being supported by the Philippine Society of IT Educators (PSITE), Huawei Technologies, Microsoft, Ideaspace, and Launchgarage.


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