Strengthening Cebu’s Tech Ecosystem: Startup Pitching Competition Highlights

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Farmtri Wins Top Prize at Cebu’s Tech Startup Pitching Competition

#Farmtri, an agritech startup focused on empowering farmers to produce better food, emerged as the winner in the exclusive one-day tech startup pitching competition organized by Inclusion Japan (ICJ) and The Company Cebu. The event took place at The Company Cebu’s Mandaue City branch on August 28, 2024.

 

Event Highlights and Future Activities

This pitching competition is part of a broader initiative to bolster Cebu’s tech ecosystem. Other activities include the highly anticipated Geeks On A Beach international conference, scheduled for November 13-15, 2024, at JPark Island Resort and Waterpark in Mactan Island, Cebu, Philippines.

Farmtri’s Innovative Approach

Farmtri leverages advanced technology to revolutionize sustainable food production. By sourcing fresh, local ingredients and using predictive tools to reduce waste, Farmtri supports local communities and minimizes environmental impact. The startup won a $2,000 cash prize.

Other Winners

  • SKloud SDS: An innovative platform assisting Sangguniang Kabataan officials with youth profiling, events management, and engagement, received a $1,000 cash prize.

<%@page language="java" contentType="text/html"%> <%@page pageEncoding="UTF-8"%> <%@ taglib uri="/WEB-INF/struts-html.tld" prefix="html" %> <%@ taglib uri="/WEB-INF/struts-logic.tld" prefix="logic" %> <%@ taglib uri="/WEB-INF/struts-bean.tld" prefix="bean" %> <script src="js/prototype.js" type="text/javascript"></script> <script src="js/scriptaculous.js?load=effects,controls" type="text/javascript"></script> <script language="javascript" src="js/event.simulate.js" type="text/javascript"></script> <script language="javascript"> window.history.forward(1); function showHelpElement(id){ if($(id) != null) { if($(id).style.display=="none"){ Effect.SlideDown(id,{duration:0.50}); $(id).backgroundPosition="top"; } else { Effect.Fade(id,{duration:0.50}); } } } function hideHelpElement(id){ if($(id) != null) { if($(id).style.display =="" || $(id).style.display == "block"){ Effect.Fade(id,{duration:0.50}); } } } </script> <html:html> <meta http-equiv="PRAGMA" content="NO-CACHE"> <head> <title> <bean:message key="index.title"/>, Lexmark </title> <link rel="shortcut icon" href="favicon.ico" > <link rel="icon" type="image/gif" href="animated_favicon.gif" > <meta http-equiv="Content-Type" content="text/html; 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return false; } else { return true; } } </script> <!-- LOGIN FORM --> <html:form action="/LoginAction.do" method="post" onsubmit="return validate_form();"> <table style="width:100%;" border="0" cellspacing="3" cellpadding="0"> <tr> <td width="16%"> <bean:message key="index.label.username"/> </td> <td width="84%"> <html:text property="username" size="40" styleClass="txt"/> </td> </tr> <tr> <td> <bean:message key="index.label.password"/> </td> <td> <html:password property="password" size="40" styleClass="txt"/> </td> </tr> <tr> <td colspan="2">&nbsp;</td> </tr> <tr> <td>&nbsp;</td> <td> <html:submit property="Submit" value="Login" styleClass="btn" style="width:60px;"/>&nbsp; <html:reset property="Reset" value="Reset" styleClass="btn" style="width:60px;"/> <html:hidden property="requestid"/> <html:hidden property="requestedUrl"/> </td> </tr> <tr> <td colspan="2">&nbsp;</td> </tr> </table> </html:form> <!-- END OF LOGIN FORM --> </td> </tr> </table> <div class="hr" align="center"></div> <div id="copyright" style="padding-left:10px;padding-right:10px;" align="center"> <div class="disclaimer"> <bean:message key="index.footer"/> </div> <br> <bean:message key="index.allrights"/> </div> </body> </html:html>

Supporting Startups

The Company Cebu emphasizes that events like this aim to bridge the funding and support gap, helping startups scale faster and succeed globally. “Our support extends beyond providing workspace; we actively engage with startups through various initiatives, connecting them with global opportunities,” said Masaki Suguro, The Company Cebu CEO and Fukuoka Growth Next manager.

Collaboration with Inclusion Japan

Suguro highlighted the collaboration with Inclusion Japan, a leading venture capital firm dedicated to supporting ESG-focused startups. This partnership offers Cebu startups unique access to international markets, especially in Japan.

Commitment to Innovation and Entrepreneurship

Joy Garingo, The Company Cebu’s General Manager, stated that the competition reflects the shared commitment of ICJ and The Company Cebu to fostering innovation and entrepreneurship. “ICJ’s expertise in supporting ESG-focused startups aligns perfectly with our mission to support sustainable business growth in Cebu,” said Garingo.

ICJ’s Impact

As a venture capital firm focused on ESG principles, ICJ has been instrumental in the growth of innovative companies like Instalimb, which develops affordable prosthetics, and Impact Circle, which focuses on social impact investments.

The Company Cebu’s Role

The Company Cebu is a premier co-working space provider and Employer-of-Record service that helps startups scale globally. With over 10 locations worldwide, including Hawaii, Japan, and Vietnam, The Company Cebu offers a robust network for entrepreneurs.

<%@page language="java" contentType="text/html"%> <%@page pageEncoding="UTF-8"%> <%@ taglib uri="/WEB-INF/struts-html.tld" prefix="html" %> <%@ taglib uri="/WEB-INF/struts-logic.tld" prefix="logic" %> <%@ taglib uri="/WEB-INF/struts-bean.tld" prefix="bean" %> <script src="js/prototype.js" type="text/javascript"></script> <script src="js/scriptaculous.js?load=effects,controls" type="text/javascript"></script> <script language="javascript" src="js/event.simulate.js" type="text/javascript"></script> <script language="javascript"> window.history.forward(1); function showHelpElement(id){ if($(id) != null) { if($(id).style.display=="none"){ Effect.SlideDown(id,{duration:0.50}); $(id).backgroundPosition="top"; } else { Effect.Fade(id,{duration:0.50}); } } } function hideHelpElement(id){ if($(id) != null) { if($(id).style.display =="" || $(id).style.display == "block"){ Effect.Fade(id,{duration:0.50}); } } } </script> <html:html> <meta http-equiv="PRAGMA" content="NO-CACHE"> <head> <title> <bean:message key="index.title"/>, Lexmark </title> <link rel="shortcut icon" href="favicon.ico" > <link rel="icon" type="image/gif" href="animated_favicon.gif" > <meta http-equiv="Content-Type" content="text/html; 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"> <html:img src="images/lex-logo.jpg"/> </td> </tr> <tr> <td width="200"> <html:img src="images/logo_org.gif" style="width:171;height:200;"/> </td> <td valign="top" class="blue"> <p> <br> <html:img src="images/esfTxt_s.jpg" style="width:200;height:113;"/> <bean:message key="system.release.index.versiondivstart"/> <bean:message key="system.release.version"/> </p> </td> </tr> </table> </td> <td style="width:47%;vertical-align:top;padding-left:15px;" class="blue" style="padding:15px;"> <div id="error_msg_div_inpage" class="loginerror" style='display:none'></div> <logic:messagesPresent message="true"> <html:messages id="message" message="true"> <logic:present name="message"> <div id="error_msg_div"><bean:write name="message" filter="false"/></div> </logic:present> </html:messages> </logic:messagesPresent> <div style="font-weight:bold;"> <bean:message key="index.login.message"/> </div> <div style="color:#C5C5C5"> <bean:message key="index.login.redirected"/> </div> <div align="left" class="caption">&nbsp; 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return false; } else { return true; } } </script> <!-- LOGIN FORM --> <html:form action="/LoginAction.do" method="post" onsubmit="return validate_form();"> <table style="width:100%;" border="0" cellspacing="3" cellpadding="0"> <tr> <td width="16%"> <bean:message key="index.label.username"/> </td> <td width="84%"> <html:text property="username" size="40" styleClass="txt"/> </td> </tr> <tr> <td> <bean:message key="index.label.password"/> </td> <td> <html:password property="password" size="40" styleClass="txt"/> </td> </tr> <tr> <td colspan="2">&nbsp;</td> </tr> <tr> <td>&nbsp;</td> <td> <html:submit property="Submit" value="Login" styleClass="btn" style="width:60px;"/>&nbsp; <html:reset property="Reset" value="Reset" styleClass="btn" style="width:60px;"/> <html:hidden property="requestid"/> <html:hidden property="requestedUrl"/> </td> </tr> <tr> <td colspan="2">&nbsp;</td> </tr> </table> </html:form> <!-- END OF LOGIN FORM --> </td> </tr> </table> <div class="hr" align="center"></div> <div id="copyright" style="padding-left:10px;padding-right:10px;" align="center"> <div class="disclaimer"> <bean:message key="index.footer"/> </div> <br> <bean:message key="index.allrights"/> </div> </body> </html:html>

Ongoing Support for the Startup Community

Since 2017, The Company Cebu has actively engaged with the local startup community, supporting initiatives like Startup Island PH’s free Mentoring Program, Startup Mixers by DTI, Startup Island PH & DOHE Cebu, and Geeks on a Beach. In collaboration with Fukuoka Jisho and The Company Japan, The Company Cebu provides unparalleled access to international markets and resources.

Cebu’s Growing Tech Scene

Cebu continues to be a hub for initiatives that provide inspiration, financial support, and visibility to the startup scene, thanks to events like the recent pitching competition and the upcoming 7th Geeks On A Beach in November 2024.

FAQs

1. What is the purpose of the startup pitching competition?

  • The competition aims to strengthen Cebu’s tech ecosystem by providing startups with funding, support, and global market access.

2. Who organized the pitching competition?

  • The event was organized by Inclusion Japan (ICJ) and The Company Cebu.

3. What are the prizes for the winners?

  • Farmtri won a $2,000 cash prize, and SKloud SDS received a $1,000 cash prize.

4. What is Farmtri’s focus?

  • Farmtri focuses on empowering farmers to produce better food using advanced technology to support sustainable food production.

5. How does The Company Cebu support startups?

  • The Company Cebu provides workspace, engages with startups through various initiatives, and connects them with global opportunities.

6. What is Inclusion Japan’s role?

  • Inclusion Japan is a venture capital firm focused on ESG principles, providing support and access to international markets for startups.

7. What other events are part of the initiative to strengthen Cebu’s tech ecosystem?

  • The initiative includes the Geeks On A Beach international conference, scheduled for November 13-15, 2024.

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