MANILA, Philippines -The Department of Trade and Industry (DTI) on Monday said the local startup venture fund (SVF) ecosystem had reached about P8 billion, representing the amount of money now looking for high-potential enterprises to invest in. Aiming to help grow and accelerate the local startup sector, the SVF Investment Committee held a community mixer event last Friday, where five accredited co-investment partners and eight startups participated, according to the DTI. “We need the help of our co-investment partners for shepherding and accelerating the startups to encourage them to work with us and keep things on track,” said National Development Corp. (NDC) general manager and SVF investment committee chair Antonilo Mauricio. The five co-investment partners today are Gobi-Core PH Fund, ICCP SBI Venture Partners, Real Tech Holdings, Foxmont Capital Partners and IdeaSpace Foundation. Equity, debt financing NDC, which is DTI’s investment arm, has allocated P500 million for … [Read more...] about P8B now available to fund promising Philippine startups, says trade dep’t
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DepEd eyes blended learning as solution to classroom lack
DepEd logo / AFP PHOTO MANILA, Philippines — With the country facing a backlog of over 165,000 classrooms, the Department of Education (DepEd) is looking at addressing the perennial problem in a more “innovative” way through the possible institutionalization of blended learning. “That is a real possibility… because with blended learning, the classrooms we will need on a daily basis will be reduced,” DepEd spokesperson Michael Poa told the Inquirer in a phone interview. Aside from the traditional solution of building more disaster-resilient classrooms, DepEd’s other approach would be to maximize technology by permanently integrating blended learning, or a mix of in-person and online learning, into the school setup. Poa said that a study was ongoing to ensure the effective implementation of the program before its rollout. For Lizamarie Olegario, an associate professor of the University of the Philippines’ College of Education, blended learning might be able to address the … [Read more...] about DepEd eyes blended learning as solution to classroom lack