Under the measure, the Department of Foreign Affairs (DFA) is mandated to create Startup Visas for prospective or current foreign owners, employees, and investors of a startup or startup enabler registered in the Philippines.
TV and social media celebrity Maine Mendoza lent her star power over the weekend as short-form video platform TikTok held an exclusive party for the winning content creators of its in-app challenge.
Philippine blockchain-enabled ticketing startup Ticket2Me has announced that it has secured a $350,000 (about P18.5 million) seed funding from Singapore-based Citystate Group.
As part of the campaign, TikTok has launched an in-app quiz to equip Filipino users with online safety tips. Users who answer all the questions correctly get to win special prizes from TikTok.
Launched in October 2018, the Gobi Core Philippines Fund offers local startups region-wide expertise and a network that will help them expand to other Asian markets.
Called the Venture Capital and Private Equity Association of the Philippines (VCAP), the non-stock, non-profit corporation was the brainchild of ICCP SBI Venture Partners, Navegar, Endeavor Philippines, and Kickstart Ventures with support from Romulo Mabanta Buenaventura, Sayoc & de los Angeles Law.
Filipino technology firm Kezar Innovations is eyeing annual revenues of at least P15 million as momentum increases after the unveiling of four startups and reaching break-even less than a year after its April 2018 launching.
