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The Achilles Heel of Startup Ecosystems

This is going to be BIG.

Across the world, various economic development organizations, government agencies, and non-profits are putting in admirable and well-intentioned efforts to develop startup ecosystems. Very little time and effort is spent helping professional, full time investors raise capital for venture funds.

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PM Pham Minh Chinh’s Roadmap to Drive Vietnam’s Startup Ecosystem

AsiaTechDaily

The event, themed “Unleashing the Potential of National Resources – Empowering Vietnam’s Innovative Startup Ecosystem for Global Integration,” aimed to facilitate connections with financial resources and partners, supporting domestic and international market development for startups.

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Navigating Singapore’s Startup Ecosystem: Top 5 Funding Initiatives Unveiled

AsiaTechDaily

The “Start” Track: Geared towards entrepreneurs with innovative business ideas, this track offers a starting capital of $50,000 SGD by Enterprise Singapore and support from an Accredited Mentor Partner (AMP) of the entrepreneur’s choice. The applicant is required to possess a minimum of 30% shares in the company.

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Startups Shine at KB Financial’s ‘2023 HUB Day’ for Innovative Collaboration

AsiaTechDaily

Register KB Financial Group has collaborated with startups to support emerging ventures proactively. The financial institution recently organized the ‘2023 HUB Day,’ a startup demo day held at the KB Innovation Hub Center in Seocho-gu, Seoul.

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The Philippines Government Collaborates with Marikina City to Foster Innovation and Startups

AsiaTechDaily

Register The Department of Trade and Industry (DTI), in collaboration with key officials from Marikina City’s 2nd District, has introduced the pilot programs and services of the Marikina Creative and Innovation Hub at the Center for Innovation and Technology for Enterprises (CITE) in Marikina City, the Philippines.

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Nila Capital Launches as Philippines’ First Student Venture Fund

AsiaTechDaily

The fund’s core mission is to provide visionary young entrepreneurs with essential capital; it also strives to create an extensive network of industry professionals. Nila Capital is capping its funding at $10,000 per round. They aim to collaborate with fellow young trailblazers and guide their startups toward success.

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After a record 2022, 8 investors explain why it’s ‘still just Day 1’ for Africa’s startup ecosystem

TechCrunch

This shows that Africa’s investment landscape is still very promising because it continues to grow, and there’s increasing interest in multiple startup ecosystems, including nascent ecosystems. These are all indications of a growing ecosystem,” he added. We are slowly building a more durable capital base for African tech.