QBO partners with US Embassy to turn ideas into viable businesses

QBO Innovation Hub has partnered with the US Embassy to bring entrepreneur’s ideas to reality with the third iteration of Bootqamp: From Idea to Fruition. According to the PwC 2020 Philippine Startup Survey: COVID-19 Edition, 49% of business owners have started offering a new product or service during the pandemic.

In a five-week online program, 20 teams will be guided through the steps of launching a startup. “Supporting new approaches and innovation is especially important as we seek to meet the challenges posed by this pandemic. Bootqamp in particular targets idea stage innovators who are looking to bring their concepts out into the market for the first time,” said QBO director Katrina Rausa Chan.

“Many startups would build an app or a platform the moment they think of a brilliant idea and all is good until they encounter issues. My tip for founders is to explore different ways you can validate your idea to make sure you’re not wasting your time, energy, and money. Don’t stop until you discover which technique suits your company,” said MK Bertulfo of FHMoms, a startup that completed QBO’s first Bootqamp run.

Bootcamp will be delivered fully online, with learning sessions, workshops, feedback sessions, and allocated periods for the teams to run validation activities with potential customers. At the culminating showcase, select teams will win valuable resources to support their product or business launch.

For details, visit bit.ly/QBOBOOTQAMP3. Registration is open until Aug. 23. Bootcamp begins Sep. 4.