The establishment of the Innovation and Development Accelerators Consortium for Startups (IDEAS) in the Davao Region aims to synergize the programs startup enablers to achieve a stronger, inclusive, and conducive startup ecosystem in Region XI.
IDEAS shall facilitate collaborative initiatives to improve incubation programs, mentoring, networking, fundraising, and media exposure of DOST TBIs for startups.
It intends to align the programs of legally mandated implementing agencies of the Philippine Innovative Startup Act, namely, DOST, DTI, DICT, at the regional level, to extend more support to startups.
It is foreseen to aid startups with the potential for exponential growth to access government funding such as Startup Grant Program, BIST, WHWise, and the likes. It endeavors to also support startups to acquire investments from private entities to increase job opportunities and economic development in the region.
Lead Davao region’s startup community towards upgrading inclusive, innovative, scalable and socially impactful business ventures.
Transform the local region to a leading innovation hub by producing successful business ventures through collaboration, networking and promotion of value-generating products and services.
Strengthen the startup ecosystem in Region XI by establishing and formalizing an inclusive Regional Startup Ecosystem Consortium
Onboard other startup enablers in the region and formalize the ecosystem
Establish a regional startup development roadmap (centering on IPs and research agenda under PCIEERD)
Develop strategies to promote the startup programs of PCIEERD/DOST
Establish a pool of mentors and conduct mentorship programs to increase fundability of startups
Craft skills enhancement program for the TBI team and other startup enablers
Implement collaborative programs/activities for the ecosystem
Forge partnerships with other startup enablers that are not currently engaged with the TBI