startups

Local tax filing and payment website Taxumo is holding free online sessions to help self-employed professionals and entrepreneurs who are now struggling to cope with the “new normal”.

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.

AccessiWheels, Drive, and DWARM Technologies — startups from the UPSCALE Innovation Hub in UP Diliman — are repurposing their products and services in response to the current health crisis.

The Opportunity Fund aims to invest in startups within and outside of the IdeaSpace portfolio, particularly those who may be looking for funding to help make key business and strategic decisions.

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.

This marks that first time that the UPSCALE Innovation Hub has signed agreements with foreign incubators.

Government authorities have signed the implementing rules and regulations (IRR) for the law providing incentives to local startups.

The government aims to generate 1,000 startups by 2022 through initiatives under RA 11337 or the Innovative Startup Act.

The DOST has launched the “TBI 4.0 Program” to upgrade the capabilities of the agency’s TBI (technology business incubation) network through a more transformational intervention that would set off the “internationalization” of Philippine TBIs.

Aside from the research grant, the startups also received support and assistance from the DOST-funded Technology Business Incubators (TBIs) through their services and programs.