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innovation hubs

Business Mirror: Investor to give $1-million funding for PHL start-ups

Business Mirror: Investor to give $1-million funding for PHL start-ups

FILIPINO serial entrepreneur and investor, Jose “Joe” Maristela III, said he is making available $1-M investment fund for start-up Filipino enterprises through his venture-capital firm, Katalyst.PH.

Despite the emergence of local start-up accelerators, innovation hubs, venture capitalists (VCs) and angel investors, in the Philippine start-up scene, the ecosystem still faces many barriers. Capital flowing in is too small compared to other markets.