With my new focus on tech start-ups, its interesting to read this comment from Silicon Valley 500 start-ups accelerator Khailee Ng on the need for mentors and angel investors to support the growing start-up community in Cebu. Let’s see how we can support them.
From BusinessWorld Philippines
June 05, 2014
More start-up mentors, ‘angel’ investors needed
CEBU CITY — Malaysian start-up entrepreneur Khailee Ng said start-ups in Cebu stand to benefit from a pool of mentors and so-called “angel” investors to provide initial capital.
Mr. Ng, who has founded 500 start-ups, said during the recently concluded Cebu ICT/BPM Conference here that “Cebu’s impressive young talent needs the guidance of seasoned start-up mentors to unlock their full potential.”
He made his remarks ahead of Start-up Weekend Cebu where potential entrepreneurs can make business pitches on Friday and receive assistance in fleshing out their final presentations by Sunday.
The event, to be held at the University of Cebu on June 6-8, will begin with an “open mic” pitch and proceed to the formation of teams for a business plan presentation on the final day to be critiqued by a panel of experts.
The event is part of this year’s Cebu Business Month celebration. — John Paolo G. Bago