Connect with us

Hi, what are you looking for?


QC gov’t seeks startups for equity-free grants of up to P1M

The Quezon City government announced on Wednesday its call for applications for the second batch of its startup incubation program, which provides financial grants to qualified entrepreneurs. 

The program aims to drive innovation and stimulate the local economy by offering equity-free grants of up to P1,000,000 to qualified entrepreneurs, the city government said in a statement. 

“[The] set of criteria places high standards on innovativeness, creativity, sustainability, and social relevance, among others,” said Maria Josefina “Joy” G. Belmonte, mayor of Quezon City, on the application and screening process of startup finalists.

The Philippines inched down two places to rank 59th out of 100 countries in the 2023 edition of the Global Startup Ecosystem Index by research center StartupBlink.

With a score of 2.469, the Philippines remained the seventh-lowest scoring country among its peers in the Asia-Pacific region. 

The Startup QC Program aims to create jobs, cultivate the entrepreneurial spirit, promote innovation, and develop the city’s startup ecosystem, the city government said.

It is backed by the national government through the Department of Information and Communications Technology and the Department of Trade and Industry, alongside Launchgarage, a startup accelerator and tech innovation hub in Manila.

Private universities have also expressed support for the program, such as the Ateneo de Manila University, Miriam College, Technological Institute of the Philippines, Thames International Business School, and University of the Philippines Diliman. 

Five startups were selected in the program’s initial run: Bamboo Impact Lab, a retailer of bamboo products; EdukSine, a Filipino film streaming platform; Indigo Research, an applied artificial intelligence research company; ITOOH Homestyle, a furniture marketplace; and Wika, a Filipino sign language media company. 

Applications for the second batch of startups will close on July 12 at 5:00 p.m. Interested applicants can visit the Startup QC webpage at — Miguel Hanz L. Antivola

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!



Rishi Sunak has confirmed that he is scrapping HS2 to Manchester. The prime minister made the long-awaited announcement at the Tory conference being held...


HANGZHOU, China — Eumir Marcial hit two birds with one stone in the 19th Asian Games on Wednesday. The Filipino southpaw made it to...


Games Saturday (Smart Araneta Coliseum) 11 a.m. — AdU vs Ateneo (Men) 1 p.m. — NU vs UP (Men) 3 p.m. — UST vs...


HANGZHOU, China — Three Filipino riders who have racked thousands of kilometers at home but who are racing for the first time on the...


HANGZHOU, China — Weightlifter Vanessa Sarno, gold medalist in the 2020 Asian Championships and the reigning, defending SEA Games champion, will go for broke...


Games Thursday (Filoil EcoOil Arena) 2 p.m. — LPU vs AU 4 p.m. — Letran vs San Beda PAOLO Hernandez put on his superman...

You May Also Like

Top News

As the world seeks sustainable and energy-efficient solutions for heating and cooling, the heat pump market is experiencing a significant surge. According to the...


The Toto site’s user-friendly interface makes it easy for both beginners and experienced gamblers to navigate through the various features. “¸ÔÆ¢Æú¸®½º site is a...


Almost 100 jobs are thought to be under threat at smart home energy technology manufacturer myenergi. The Grimsby firm, named one of the UK’s...


JUNIOR FERREIRA-UNSPLASH The Philippines is a very small power market by ASEAN standards, with market demand peaking at 15 gigawatts (GW) compared to Thailand’s...

Disclaimer:, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2021 SmartRetirementReport. All Rights Reserved.