startups

In an unexpected turn of events, Team AIRIN from Nueva Vizcaya State University (NVSU) and Project Angat from University of Mindanao (UM) both came out victorious in the recently concluded Innovation Olympics 2.0 (IO 2.0) grand finals.

The Push Start Business Incubation Program is a three-month program aimed at boosting local tech startups.

This year, the competition will be open for submission of entries that cover software and Internet-based innovations and will cater to all startups in the ideation to minimum viable product stage.

The program is designed to scale and accelerate the growth of promising enterprise-focused Philippine startups.

The chosen startups will undergo a rigorous four-month program consisting of access to mentorship, workshops, and legal services, among others, and will receive P100,000 cash grant.

NextPay is a platform that provides underserved customers democratized access to financial services such as digital invoicing, cash management, and batch payments to any bank or e-wallet in the Philippines.

The three tech startups bested seven other shortlisted finalists from 200 applications to Shell LiveWIRE, the oil company’s global flagship enterprise development program.

An app developed by Filipino software startup Teemly Labs may change the landscape of appointment scheduling as the world continues to grapple with work-from-home arrangements and remote working teams brought about by the pandemic.

Metro Manila also improved to the 87th from 86th spot last year and now ranks among the 20 best startup ecosystems in the Asia-Pacific region.

The startups were selected based on their solutions that are aligned with the program theme, “Jumpstarting the Economy in the New Normal.”