The Department of Trade and Industry (DTI) staged just recently Slingshot Philippines 2016, the National Summit on Startups and Innovation, at the Philippine Trade Training Center (PTTC) in Pasay City, kicking off a two-day national summit on startups and innovation with the theme, “Accelerating the Innovation Economy.”
The two-day summit provided an opportunity to gather under one roof young minds with big ideas, innovators in constant pursuit of new things to benefit their community, supportive investors who fund start-up ideas and the policymakers whose role is to provide an enabling business environment.
The event kicked off national consultations for the crafting of policies and programs to develop a new breed of innovative enterprises, covering the fields of agriculture, biotechnology, electronics, and digital startups, among others.
Around 50 speakers and panelists spoke on issues concerning funding, the current status and the future of Philippine startups, and strategies towards a Philippine innovation economy before 577 conference delegates who gathered at Slingshot Philippines 2016 to actively take part in a government-initiated platform for public dialogue and partnership that will help boost the development of Philippine startups for a robust innovation economy.
“Changing the ecosystem and putting in place policies responsive to the needs of the innovativion economy will not happen overnight. However, close collaboration of the government and key players will enable the Philippines to foster the desired new breed of business more quickly and efficiently. We want the next big tech startup to come from the Philippines ,” said Trade Secretary Adrian Cristobal, Jr.
Secretary Cristobal, a steadfast advocate of MSMEs as an integral part of the country’s pursuit towards regional economic integration and the attainment of equitable and inclusive growth, pointed out the government’s main role in the upbringing of the innovation economy. DTI has started implementing programs such as Slingshot to help overcome the hindrances that constrain the growth of MSMEs as well as provide startups and innovative businesses an environment that will nurture their capabilities.
In 2015, the Philippine government and startup community unveiled a roadmap which will serve as a framework in building a thriving ecosystem in the next few years. From a hundred, the country targets to have 500 startups with total valuation of USD2 B by 2020. This roadmap also serves as the basis for Senator Paolo “Bam” Aquino IV’s Startup Bill which is set to be filed at the 17th Congress in July. This proposed policy will exempt startup entrepreneurs from paying taxes in their first two years, enabling an inclusive growth to their budding business.
For three years in the senate, Senator Aquino has been the forerunner of six startup-friendly policies that support the innovation community. Among these are the Go Negosyo Act (RA 10644) which initiates the establishment of ‘Negosyo Centers’ that create linkages to bigger markets and financing as well as provide jobs and livelihood to people, the Microfinance NGOs Act (RA 10693) which supports the groups that guide and empower micro entreprenuers, and the Youth Entrepreneurship & Financial Literacy Act (RA 10679) which builds a culture of entrepreneurship as an alternative solution to unemployment and underemployment.
“Why (support) MSMEs? Because we must. Our MSME sector is at the forefront of pushing the growth of the Philippines,” said Senator Paolo “Bam” Aquino IV, chair of the Senate Committee on Trade, Commerce and Entrepreneurship.
For her part, Trade Undersecretary Nora Terrado of the Industry Promotions Group (IPG) commended the local economy’s unyielding growth despite the many challenges the country faces with the global economic slowdown. “We have gained momentum, but we can do more. We realized from our dialogues with the private sector that our country can benefit from a far-reaching and scalable innovation within a well-planned, well-organized government supported frameworks,” said Terrado.
Over the past few years, the Philippine economy has shown a promising ground for the startup community. In 2015, the country jumped 83rd in the Global Innovation Index, 17 notches higher from its previous rank in 2014. Bloomberg Businessweek also revealed that the Philippines’ ranked sixth among the top countries where talents are being sourced.
The current status of the Philippine economy will serve as a viable launching pad for local startups and innovators to make it in the global market. The country is the second fastest-growing economy in Asia next to China and it currently flourishes from a positive business climate, a population of young, English-proficient speakers; and the stable remittances from overseas Filipinos.
Slingshot Philippines 2016 was the direct offshoot of Slingshot Manila 2015, the official startup and innovation event for the Philippines’ hosting of the Asia Pacific Economic Cooperation (APEC) organized by the DTI in partnership with the Department of Science and Technology (DOST) and other key industry stakeholders. It was held in conjunction with the recently concluded 63rd edition of Manila FAME and Design Week Philippines (DWP).
World-renowned Chilean designer Nelson Sepulveda to participate in Manila FAME October 2016 edition
Chilean designer, scenographer, and stylist Nelson Sepulveda presents his creative ideas on his would-be special setting in the October edition of Manila FAME during his recent visit in the 63rd edition of the trade show this April. He spoke about the importance of ‘romanticizing the handmade and abstracting everyday objects’ in doing design before a group of students, exhibitors, members of the press, and representatives of the Design Center of the Philippines (DCP) and the Center for International Trade Expositions and Missions (CITEM). For the October 2016 show edition, Sepulveda will collaborate closely with the international trend consulting company Edelkoort Etc. to develop designs for Philippine handcrafted baskets using natural materials, with the possibility of expanding the product lineup to include other everyday objects.
RIPPLES Plus highlights globally competitive SMEs at Manila FAME
The Regional Interactive Platform for Philippine Exporters (RIPPLES) Plus is a partnership program of the Export Marketing Bureau (EMB) with the Department of Trade and Industry-Regional Operations Development Group’s (DTI-RODG) Export Pathways Program (EPP). It enables the regional and provincial staff to handhold potential exporters through capacity-building trainings and provides direct interventions (e.g., product designs, market info seminars, compliance with market requirements, export marketing activities, and international trade fair participation) to potential and existing exporters enrolled under the EPP. The program aims to expand the supply base of globally competitive products and services as well as increase Philippine exports and international market shares. The RIPPLES Plus enrollees for 2016 include Calfurn Manufacturing Philippines, Inc.; Globeasia Nature Industries, Inc.; Jalikee Arts & Craft, JER Shellcrafts Creation International, Jhaz Footwear Store, Markalex Creative Crafts Corporation, Melquiades Ceramics, Shelmed Cottage Treasures, Starcrest Asia Corporation, and Tadeco, Inc.
The Artisans Village tells the stories of crafts from the islands
Lifestyle designer PJ Arañador teams up with product specialists Imelda Datul and Rachel Dagñalan in a creative collaboration with the local governments, regional offices of the Department of Trade and Industry (DTI), and 45 SMEs from Albay, Cagayan, Davao, and Laguna. The Artisans Village plays a significant role in protecting, preserving and promoting the arts and crafts of the islands. It aims to celebrate the work of local artisans and master craftsmen highly skilled in weaving, wood carving, metal forging, and other various forms of traditional crafts. The Artisans Village at the 63rd Manila FAME is open until April 24. It remains to be one of the favorite trade show highlights of Manila FAME trade buyers and guests alike.
UAP Convention Exhibits deemed a success
The United Architects of the Philippines (UAP) Convention Exhibits (CONEX) Organizing Committee presents a token of recognition for CITEM’s participation in CONEX 2016 at the Manila FAME Pavilion in SMX Convention Center. The Manila FAME Pavilion was a curated lounge which served as a promotional platform for the featured Philippine furniture and lighting manufacturers. The sophisticated presentation was well received by architect delegates, architecture practitioners, and the general public. UAP CONEX 2016 is the Philippines’ premier building and construction exhibition. In photo are the CONEX Organizing Committee members (from left); Architect Bryan Patrick Tan, CONEX Adviser; Architect Eduardo S. Casares, CONEX Adviser; Oliver Rempillo, Senior Exhibition Designer of CITEM; Architect Richard Garcia, CONEX Director; Architect Alejandro Cua, CONEX Adviser; Cristalle Bernardo, Senior Trade and Industry Development Specialist of CITEM; and Architect Gary Chung of CONEX Marketing.
Design Trails by Bambike at the Design Week Philippines
Design Trails by Bambike offers an exciting and unique opportunity for Design Week Philippines (DWP) visitors to rediscover the history, culture, and art scene of Intramuros through a guided bamboo bike tour of the Walled City. The DWP April 2016 celebration was well received by design aficionados from here and abroad. The Bambike tours will run until April 24. DWP is a multi-faceted platform that brings together creative visionaries from diverse backgrounds and disciplines in a series of programs and events that celebrate design and artistry. It fosters connections between creative industry practitioners and design enthusiasts in an interactive sharing of knowledge, ideas, and trends. It has become a national agenda that nurtures the creativity and design capability of the Philippines to usher in trade opportunities.
Manila FAME, the country’s premier design and lifestyle event, returns to its April season to bring the global trade buyers to the optimal buying cycle at the World Trade Center in Pasay City on April 21-24. For its 63rd show edition, the trade fair evolves into a boutique show featuring a more sophisticated, more exclusive and tightly curated show.
With the theme “Iridescence,” a portrayal of the colorful character of the design and lifestyle event of Asia, Manila FAME will headline an ever-growing showcase of export-quality Philippine designer pieces for the home, holiday, and fashion sectors in a well-coordinated boutique setting. It is organized by the Center for International Trade Expositions and Missions (CITEM), the export promotions arm of the Philippine Department of Trade and Industry (DTI).
“Manila FAME is more than just a trade fair. It is a journey of discovery of globally responsive products that celebrate color and style under one roof. Buyers who visit Manila FAME on a regular basis always comment that they enjoy and benefit from the multi-dimensional experience that only Manila FAME offers,” said Rosvi Gaetos, the executive director of CITEM.
Spring Forward and Y’ARI are Manila FAME’s special highlights this April under CITEM’s Design for Exports program, a multi-tiered and multi-faceted assistance program which provides Philippine exporters, manufacturers, and designers with a full range of design and product development services. The program brings together both local and international designers and business experts, as well as both young and seasoned industry players to create finely crafted products in the home and fashion sectors designed for the global market.
Spring Forward will showcase handpicked local creations from the country’s craftsmen, artisans, and young designers. Furniture designer and interior design consultant Ito Kish will ‘reimagine’ the season of renewal through a symphony of greens and hanging light bulbs, brought together by solid black marble table tops that puts focus on the versatility and the potential of Philippine products.
Y’ARI will highlight the intersection of artisanal production in various Philippines villages and the interventions used to modernize this production, with Marian Roces as lead curator. The exhibition will showcase textiles, accessories, and ornaments crafted from native materials such as piña silk, beads, pearls, and gold to convey the level of quality that is being matched by modern transformations. With a haute design concept on hand, the exhibit will depart from typical trade show approaches.
Trade buyers and visitors will also get to experience the Philippines’ distinct character and rich inventory of traditions and talents through The Artisans Village, which aims to protect, preserve and promote the arts and crafts of the islands. It aims to celebrate the work of local artisans and master craftsmen highly skilled in weaving, wood carving, metal forging, and other various forms of traditional crafts.
As in previous Manila FAME show editions, Red Box will continue to inspire design enthusiasts with an inspirational showcase of fresh home and fashion ideas. Red Box is a design development that continues to develop junior designers through an ongoing talent and development and mentorship program. For the April 2016 edition, Red Box will feature the iconic designs of junior designers Joseph Rastrullo and Rachelle Dagñalan who will develop a conceptual display based on Manila FAME’s theme “Iridescence,” under the mentorship of Budji Layug, the creative director of Manila FAME.
The presence of OTOP (One Town, One Product) manufacturers will once again highlight handcrafted products made by skilled Filipino craftsmen from various local communities. It is a project of the DTI-Bureau of Domestic Trade Promotions (DTI-BDTP).
Manila FAME will coincide with the celebration of Design Week Philippines (DWP), which fosters connections between creative industry practitioners and design enthusiasts in an interactive sharing of knowledge, ideas, and trends.
Now on its 9th bi-annual staging, Design Week Philippines will provide “the richest, most exciting, most meaningful ways to group, gather, and bond people.” The theme for April 2016 is “Connection” which refers to the creative attempt to bring together people from diverse backgrounds and culture to interact and share their creativity with each other, with Intramuros as DWP’s first design district.
Manila FAME is the second-longest running trade show in the Asia Pacific. It is the only trade event in the country approved by the Union des Foires Internationales (UFI), or the Global Association of the Exhibition Industry, a Paris-based association of trade fair organizers founded 90 years ago in Milan, Italy on 15 April 1925.
For more information on Manila FAME: The Boutique Edition, interested parties may visit the official Manila FAME website at www.manilafame.com.