Last week, I wrote about the support that Filipino startups need. I even went as far as suggest the development of a system of support and crowdfunding similar to Kickstarter.com, Fundersandfounders.com Gofundme.com. These two websites are a great way to raise money even if you don’t have a track record yet. If you have a great idea but don’t have the resources, you can post your project on these sites. Then tell your friends about it. If they believe in your project, they will pledge money!
Again, through the blog of Peter Cauton, JuanGreatLeap.com, I managed to hear of a similar project that aims to connect Filipino Startups with migrant workers who have made it big!
Connecting migrant Filipinos and Filipino Startup Founders
In my blog post last week, I wrote several recommendations to support Filipino startups. Here’s an excerpt from that post:
Get conversations going.
Read the newspaper. Read blogs. Monitor Twitter and Facebook for amazing Filipino startups. Then leave your comments, even if they may feel insignificant. I believe that if we generate online buzz, and our startups deliver on their promise, we can build our own version of Silicon Valley here in the Philippines. Besides, aren’t we Asia’s rising star?
We need a local version of Kickstarter.com or FundersandFounders.com.
Both of these websites connect startup founders with the investors who could help them launch their startups and gain momentum.
Setup a system of support and mentoring.
There are already several groups supporting startups. Manny V. Pangilinan, perhaps one of the most risk-averse businessmen in the country is supporting startups, too. Ideaspace Foundation is the result of this. There’s also Project Pagsulong that aims to support young Filipino entrepreneurs in the social entrepreneurship sector. There’s also the StartupWeekend Manila and the next one will be on Sept 28-30, 2012 at Mint College.
I think that Recommendations No. 2 and 3 will be fulfilled pretty soon.
I discovered another Startup headed by a Silicon-Valley based Filipino with a heart for the development of the Philippines. A platform for supporting Filipino startups is in the works!
That’s great news!
Now, we have an online platform to help support our startups. It’s called PATH: PhilAmTHropy!
Here’s what the founder emailed me:
It’s still in the early stages. The site is under construction. The video for the first few projects are being edited. When’s the launch date, then?
Let’s wait for October!