This Filipino Venture Capital Firm Was Founded by Gen Zs for Gen Zs
Gen Z might just be the most entrepreneurial generation of all. We’ve seen Gen Zs set up businesses left and right, but now, the country’s first and only student venture fund has just launched. Introducing Nila Capital, founded by former startup founders and GenZs themselves, Jason Ho and Ryan Chua. Nila Capital aims to “bring a new wave of value to Gen Z startup founders across the country.”
On top of funding, at a cap of $10,000 per round, Nila Capital will also offer young founders the opportunity to be part of an expansive network of Gen Z entrepreneurs. With the belief that there’s no shortage of young talent in the Philippines, the VC hopes to inspire entrepreneurship and boost the number of Gen Z businesses in the Philippines.
“What’s stopping them (young founders) from materializing their ideas into a full-fledged business is often the lack of capital and proper connections to institutions,” says Nila Capital Managing Partner Jason Ho.
"These resources are usually built as you make your own career and gain more experience, but if there's a way to have access to this while you’re young, then the possibilities are endless. What’s also great is that there’s much less to lose while you’re young. You are encouraged to build, gain experience, and be gritty which is often overlooked.”
As a VC, Nila Capital plans to take an industry-agnostic approach. To learn more, visit Nila Capital’s website.