Startup Founders and Entrepreneurs Can Win a $150,000 Investment Prize Through This Free 10-Week Accelerator Program
The venture capital and studio Kaya Founders will soon launch the Manila Venture Program (MVP), a 10-week accelerator program in venture creation designed to boost Filipino innovation and empower a new batch of entrepreneurs and founders.
Backed by the Sinigang Valley Association, the program will give 10 select teams a shot at competing for a $150,000 investment prize. The winning team will be chosen by a panel of expert judges from Kaya Founders and the Sinigang Valley network. Meanwhile, all participating teams will have a chance to connect with mentors, investors, and experts in the Philippine startup ecosystem.
"We're thrilled to be running Sprints to boost the startup scene in the Philippines with this exciting accelerator program," said Rambo Joinani, Program Director. "With only 700 startups in the Philippines, we believe our program can bring together some of the brightest minds in entrepreneurship and innovation to create solutions that will solve real-world problems and drive growth in the Philippine market."
During the Manila Venture Program, entrepreneurs will go through a series of Agile Design Sprints with weekly deliverables to prepare themselves for Demo Day at the end of the accelerator program. The modules will cover product development, team building, product and business ideation, user validation, financial modeling, prototyping, market strategy, marketing campaign, and pitching preparation. Participants will only have 10 weeks to build and develop a minimum viable product, which will then be pitched to MVP’s panel of judges.
The Manila Venture Program will be accepting applications until March 31 and the official program will begin on May 15. The MVP program, which is 100 percent free, is open to first-time founders, solo entrepreneurs, and early-stage startups. Interested persons can apply to Kaya Founders’ MVP program here.
