Israel Embassy hosts innovation week for Davao start-ups
Subscribe Now August 15, 2022 at 08:24am
Israel is known as a start-up nation, which houses over 9,000 startups.
"We are happy to share our success stories, especially with the Philippines. Filipinos are talented individuals; they find solutions despite limited resources. I believe that with stronger support for innovation and start-ups, many more can be achieved," Israeli Deputy Chief of Mission Nir Balzam said.
Davao-based start-ups joined the event and were given an opportunity to pitch their ideas to local investors and government officials.
"We are still working on connecting more with the industry, building more engagement to have Filipino start-ups collaborate with Israeli start-ups," Balzam added.
Vice President for External Affairs of the Israel Chamber of Commerce of the Philippines Itamar Gero shared his insights on the Startup Ecosystem partnership between the Philippines and Israel. Also in attendance at the event were Executive Director of Department of Science and Technology (DoST)-PCIEERD Dr. Eric Paringit, Project Lead of Ideas Davao Miguel Guillermo, representatives from government offices including the DoST, Department of Information and Communications Technology (DICT), National Economic and Development Authority (NEDA), representatives from the local government units of Davao City, and the Chamber of Commerce.
The Embassy of Israel actively builds bridges of innovation with the Philippines by collaborating with the government and private sectors. In June 2022, the Department of Trade and Industry (DTI) signed an agreement with the Israel Innovation Authority for joint collaboration on innovation. The agreement will foster the formation of collaborative prospects in the field of innovation between Israel and the Philippines. In April 2022, the Embassy hosted in Israel a Filipino delegation headed by DOST with their incubators and representatives from DTI, the Department of the Interior and Local Government (DILG), and the United Nations Development Program (UNDP) to learn about the innovation ecosystem in Israel and to see what can be applied in the Philippines.
The Davao-Israel Innovation Night was held on August 11 in Acacia Hotel, Davao. The Davao-based startups who pitched during the event were Virtualahan, Artificial Intelligence Meets Human Intelligence (AIMHI), GeoPik Technologies, Aguila Software Incorporated, Coffee for Peace, Geo Pindot, Infinit LMS Solutions, DPI Virtual Tour, Sureplus, and Green Habits Agri Venture. The event was a joint effort with Israel's Honorary Consulate in Mindanao based in Davao headed by Honorary Consul Jorge Marquez.
The Davao Start-up Week ran from August 12 to August 14.
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