slingshot

The Department of Trade and Industry’s Slingshot MNL 2015, the official event for startups during the APEC Hosting last 2015, won the GOLD Anvil Award last Feb 26.

Slingshot MNL is an initiative led by the Foreign Trade Service Corps (FTSC) of the Department of Trade and Industry (DTI) and the Philippine startup community in partnership with the leading startup institution in the country, IdeaSpace Foundation. SlingShot is considered one of the pioneering events for the Philippine startup community attended by over 1,300 attendees with over 30 resource speakers and 100 local startups. The Gold Anvil Award serves as recognition of its outstanding public relations program and its tools that meet the highest standards set in its category.

“Supporting and promoting our startup community is just a step forward to developing a national innovation system in the country that would help us prioritize the need to capacitate our local producers including budding micro, small, and medium enterprises (MSMEs) to be more competitive in the global market through innovation,” said Industry Promotions Group Undersecretary Nora K. Terrado.

The two-day conference gathered entrepreneurs, foreign and local investors, government officials and several industry leaders and influencers. The event also showcased to potential business partners and investors the products and services of local startups. Topics discussed during the six breakout sessions include understanding hubs of innovation and opportunities in startup investments, redefining scale in the global market place, and startup ecosystem support. Pitch competitions also took place during the event.

The event further aims to establish collaborating network among business enablers, industries and entrepreneurs. It also aims to make the country a hub for entrepreneurs seeking support for their business.

“We are happy to put forward the promotion of startups in the country. Through collaborative efforts, we know that the government, private sector and our entrepreneurs will develop cross-industry collaboration to help our growing startup community,” said Michael Ignacio of Foreign Trade Service Corps (FTSC) and one of the heads of SlingShot MNL 2015.

Slingshot MNL 2016 is also set to take place on March 10 and 11 in Manila and Cebu respectively. For the past years, Philippine startups have captured foreign investors as the sector continues to receive support from various stakeholders and business enablers. With the continued efforts of doing business in the country easier, DTI through its programs and initiatives will ensure that startups are encouraged and are taken into the next level for their business development.

Anvil Awards is conducted annually by the Public Relations Society of the Philippines to award outstanding public relations programs and tools designed and implemented during the previous year.