In the interest of spurring the Philippines' global startup ecosystem, the National Development Company’s General Manager, Anton Mauricio, discussed the upcoming launch of the first Philippine Innovation Hub with H.E. Constance See, the Ambassador of Singapore to the Philippines.
As the fund manager of the country’s Startup Venture Fund (SVF), NDC aims to support Philippine startups by using overseas ecosystems as platforms to scale globally through expanded consumer markets. This can be done by networking with international investors, partners, and other startups, and getting assistance in setting up overseas offices and potential subsidized acceleration.
This initiative will encourage local innovative startup growth that will positively impact the Philippine economy. The launch of the first Philippine Innovation Hub in Singapore is scheduled within the first half of 2024.
Pictured below from left to right: Szarina Ostrea, NDC Executive Assistant; Anton Mauricio, NDC General Manager; H.E. Constance See, Ambassador of Singapore to the Philippines; and Jerahmeel Chen, NDC Chief Innovation Officer.