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.
Bayanihan, or the spirit of communal unity and collaboration, is a core essence of the Filipino culture. This ancient local custom lives on among Filipinos even in the modern age as they work hand-in-hand to achieve a common, ultimate goal. In a similar way, such kind of spirit is what the local startup community needs — collective action from the government, the academe, and private institutions across the spectrum — to sustain rapid development.
As our young local startup community continues to grow, bayanihan is needed more than ever to guide and sustain its rapid development. Just as our forefathers banded together for a common cause, we too must work hand-in-hand to uplift the Filipino startup ecosystem.