#Start-Up Investment

Ever since the bubble burst back in 2000, venture capitalists and incubators have become sparse in the Philippine IT industry so it's a little surprising to see one calling out and looking for tech start-ups to invest into. If you have a great idea for a tech start-up in the software and mobile space, check out PhiLabs for some assistance on funding your next big project. has ordered the rollout of an investment package designed to transform the Philippines into a premier semiconductor and artificial intelligence hub in Asia. This directive was delivered by Executive Secretary Ralph Recto during a visit to the Texas Instruments facility in Clark, Pampanga, emphasizing that the government will prioritize incentives to attract big-ticket investments in these booming high-value tech industries. To funnel these investments in a systematic manner, the government is utilizing the Luzon Economic Corridor - a collaborative infrastructure initiative with the United States and Japan aimed at improving trade connectivity across Subic Bay, Clark, Manila, and Batangas. These initiatives will target everyday internet users, casual investors, and local communities, focusing heavily on identifying unverified peer-to-peer lending apps and fraudulent high-yield investment traps proliferating on local social media channels. The SEC shut down Riscoin, a cryptocurrency scam soliciting investments just this month. Read more in our articles including "A new Tech Start-Up Investor is in town!" and "BPI to remove InstaPay, PESONet transfer fees starting July 1".