Monday, April 22, 2024

IBPAP picks new batch of tech startups for ‘TakeOff’

The Information Technology and Business Processing Association of the Philippines’s (IBPAP) has announced its third batch of “TakeOff” beneficiaries as local startups pitched their business ideas to prospective partners and clients at the F1 Hotel in Bonifacio Global City on August 30

Representatives of the third batch of tech startups under IBPAP’s TakeOff program with Asian Institute of Management professor Arup Maity (right) who is also the director of PSIA and co-founder of BlastAsia

Mounted in partnership with the Department of Information and Communications Technology (DICT), TakeOff regularly chooses 10 startups and helps them with their business expansion.

IBPAP and DICT try to fulfill this by supporting their products and services, providing them with mentorship courtesy of industry experts as well as channels for pitching and networking with enterprises and individuals within and outside the business process industry in order to acquire funding among others.

Comprising the third batch of TakeOff beneficiaries are:

  • Cashalo, an app which provides access to credit quickly, conveniently, and cost-efficiently;
  • Packetworx, a wireless network provider for the Internet of Things which helps consumers save on electricity;
  • security firm Cryptors Cybersecurity;
  • travel platform Tripkada;
  • Maria Health, the first and only aggregator of healthcare brands in the Philippines;
  • Washub, an online/offline platform for laundry and cleaning services;
  • Salarium, an end-to-end payroll solution provider;
  • Valea Health, a text and chat-based personal health coach and assistant;
  • personal stylist website StyleGenie; and
  • Solu, a waste management app which allows people to earn extra money.

On hand to provide a background of their companies and explain their business models were the founders, chief executive officers, and other representatives of these tech startups.

The ten startups were chosen by a selection committee based on their uniqueness, innovation, scalability, marketability, and relevance to business.

“We believe that these new breeds of enterprises are the future of our country’s economy as they can generate employment, diversify the industry’s service offerings, create a healthy business environment and promote inclusive growth,” said IBPAP president and CEO Rey Untal.

IBPAP has developed high-impact programs for both startups and small and medium enterprises (SMEs) as part of its Philippine IT-BPM Roadmap 2022 to facilitate their growth and business success.

Roadmap 2022 is IBPAP’s blueprint for fast-tracking the growth of the country’s IT-BPM industry by harnessing emerging technologies and capabilities and arming local talents with the necessary skillset.

Prior to the event at F1 Hotel, IBPAP hosted a dinner for the 10 startups where their representatives met up with some of the Philippines’ technology experts from whom they learned best practices in presenting their companies? business potentials.

The mentors were Xurpas CEO and chair of IBPAP Roadmap 2022 Technical Working Group (TWG) on Innovation, SME and Inclusive Growth Nix Nolledo, Endeavour managing director and TWG member Manny Ayala, startup coach and Brainsparks Philippines co-founder Artie Lopez.


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