{"id":1049,"date":"2014-08-21T17:18:05","date_gmt":"2014-08-21T09:18:05","guid":{"rendered":"http:\/\/www.www.innovationiseverywhere.com\/?p=1049"},"modified":"2014-08-21T17:18:05","modified_gmt":"2014-08-21T09:18:05","slug":"philippines-startup-ecosystem-tipping-point-island-frontier","status":"publish","type":"post","link":"https:\/\/innovationiseverywhere.com\/fr\/philippines-startup-ecosystem-tipping-point-island-frontier\/","title":{"rendered":"The Philippines startup ecosystem: the tipping point of the "island frontier""},"content":{"rendered":"

This first day of Geeks on a Beach 2<\/a> provided a lot of insights on the state of the Philippines startup ecosystem<\/strong>. Several panels addressed the topic of the country itself, and its position in the broader ASEAN region.<\/p>\n

\"geeks<\/a><\/p>\n

Overall, speakers and discussions in the audience agree that it\u2019s the right place and the right moment,<\/strong> the quality of this second big tech event for the Philippines being a clear sign of this trend.<\/p>\n

With the 2nd fastest growing economy of Asia after China<\/strong>, a growing population<\/strong>, and an already surprising share of exports in IT products<\/strong> and services, the Philippines are yet another country under the radar that we discover with an immense pleasure.<\/p>\n

<\/h2>\n

An entrepreneurial \u201cisland frontier\u201d<\/h2>\n

To introduce the roots of the Philippines startup ecosystem, Oliver Segovia, who worked for corporates as well as his own businesses in Asia and in the US, talks of \u201can island frontier\u201d.<\/em><\/strong><\/p>\n

From the early times of the archipelago and its different kingdoms, to the engineering prowess of rice terrasses<\/strong>, up to the resistance<\/strong> in front of the Spanish invaders, the Filipinos have more often than not taken the lead.<\/p>\n

\"geeks<\/a><\/p>\n

Later on, they also founded Asia\u2019s first University<\/a> in 1611<\/strong>. The diaspora – one of the biggest in the world today – can be found in Asia, the Middle-East, as well as in the United States.<\/p>\n

The Filipono history is, in a nutshell, full of startup stories<\/strong>, and the latest initiatives of the government should strengthen this trend – talks of a startup visa similar to the one of Startup Chile are quite advanced.<\/p>\n

More recently, the inflow of both entrepreneurs from overseas and more local students<\/strong> interested into startups have revived the ecosystem. Events abound, from Startup Weekend to AngelHack.<\/p>\n

<\/h2>\n

5 reasons why the Philippines startup ecosystem rocks<\/h2>\n

Earl Valencia<\/a> is the founder of Ideaspace<\/a><\/strong>, both a community builder and investor in science and technology ideas, with $12m funding for the next 5 years<\/strong>. His vision of why now, in 2014, the Philippines startup ecosystem is hot is based on five items<\/p>\n