Jay Fajardo, who has founded several tech startups over the years, will be taking on the role of outgoing IdeaSpace and QBO Innovation Hub executive director Katrina Rausa Chan.
The Department of Science and Technology and QBO Innovation Hub recently rewarded top-performing Technology Business Incubators (TBIs) that have demonstrated outstanding capabilities and produced impactful programs and startups during the TBI 4.0 Program.
The agility and ability of the government to provide interventions and policies are crucial for technology startup companies in the country to thrive amid the pandemic, according to QBO Innovation Hub and Ideaspace executive director Katrina Chan.
Dubbed “Bootqamp: From Idea to Fruition,” the program aims to help 20 startups through an online short-course program geared toward converting their business concepts into viable business ventures.
The report noted, however, that startups are well-positioned to create innovative and tech-driven solutions to respond to the crisis, and are leading the way for digital transformation.
A new survey has found that while capital requirements remain the top concern of local startup founders, the main challenge has shifted from funding to sustaining a viable business model.
