The Department of Trade and Industry (DTI) announces the top 5 startup finalists for the Accelerating Development, Valuation, and Corporate Entrepreneurship (ADVanCE) for Creatives Program on March 21, 2024, at Launchgarage Innovation Hub in Quezon City.
Five startups were selected from an initial pool of eight and evaluated based on organizational capacity, business maturity, and readiness levels. They were assessed on product status, team dynamics, future objectives, and challenges to ensure they were well-prepared to navigate forthcoming challenges and significantly impact the creative sector with their innovative solutions.
The top five finalists are:
- AniMattify, a startup transforming print ads into animations
- KikoMonster Creative Studio, providing creative solutions from Zamboanga
- Bihasa, merging instructional design with production for learning videos
- ROC PH Digital Marketing Services, assisting businesses and professionals through website management, digital marketing consultation, creative design, and strategy implementation;
- Bentamo, a tech startup showcasing creative Filipino brands
These finalists will undergo intensive training based on the specific interventions identified during the needs assessment.
Finalists will receive training, mentorship from experts, and business acceleration programs. The program ends with a demo day in April for startups to showcase their progress.
“We extend our heartfelt congratulations to the top five startup finalists of the ADVanCE for Creatives program,” said Usec. Aldaba. “DTI is proud to support the development of these promising startups as they contribute to the advancement of the Philippine Creative Industries.”
The ADVanCE for Creatives program aligns with the Innovative Startup Act (ISA) and Philippine Creative Industries Development Act (PCIDA), which have been fostering entrepreneurship and economic growth in the Philippines since December 5, 2023.
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