Professional Documents
Culture Documents
SCIENCE
FOR
I N N O VA T I O N
ALL ABOUT TECHNOLOGY
B U S I N E S S I N C U B AT O R S
M A R E T F O L L O S C O - B A U T I S TA
ROBINA GOKONGWEI-PE
F O R T U N AT O T . D E L A P E Ñ A
SCIENCE FOR THE PEOPLE
SCIENCE
FOR
I N N O VA T I O N
M A R E T F O L L O S C O - B A U T I S TA
ROBINA GOKONGWEI-PE
F O R T U N AT O T . D E L A P E Ñ A
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S C I E N C E F O R C O O P E R AT I O N
Leah J. Buendia
Fortunato T. de la Peña
S C I E N C E F O R H U M A N C A P I TA L
Josette T. Biyo
Fortunato T. de la Peña
Preface 11
I . A L L A B O U T I N C U B AT I O N 13
I I . I D E AT I O N : P R O V I D I N G 33
MARKET SOLUTIONS
I V. A N E N T R E P R E N E U R I A L 53
MINDSET: DEVELOPING THE
PROOF OF CONCEPT (POC)
V. I N C U B AT I O N O P T I O N S : 61
THE RIGHT TBI FOR YOU
X . C A P I TA L 1 0 1 : 115
SECURING FUNDING
But “What now?” is exactly the same question that many bright minds
have had to ask themselves before inventing a new solution, whether it is
a product or process. In other words: an innovation.
In this book, we will be talking about how wild ideas become real-life
innovations, nurturing, stress-testing, and redesigning them before they
are released into the world in a vital process that ensures their viability
known as incubation.
Along the way, we’ll hear the stories of startups that have made it, and
the valuable lessons that they’d like to share with the business-minded:
those who not only want to survive through tough times—but find a way
forward, to thrive.
MARET ROBINA F O R T U N AT O
F O L L O S C O - B A U T I S TA GOKONGWEI-PE T. DE L A PEÑA
1
13
Chapter
ALL ABOUT
I N C U B AT I O N
14 S C I E N C E F O R I N NOVAT I O N
Inside the Miriam College Henry Sy, Sr. Innovation Center (MC-HSSIC)
is the latest equipment to cultivate the interest of young innovators. Photo
courtesy of MC-HSSIC.
21
I N C U B AT I N G A B U S I N E S S
For their part, the incubator usually gets a share of the business
called an equity stake. They get their payback when the
company starts to profit, and the earnings are split according
to every party’s share, known as dividends. Every decision at
this point about how to engage with the incubator, and what
each one will put in and receive, just like in any business
partnership, will have consequences in the future. The key is
23
Technology Business
Incubators from Paris
to 'PINAS'
There are business incubators that
target enterprises with high or advanced
technology content. Called technology
business incubators (TBIs), they
particularly support tech-based startups to
evolve and grow into mature tech businesses
by providing specialized services like
trainings in technology transfer and
commercialization.
For Dr. Follosco, the main driver was the need for systems
integration to coordinate the programs of the government,
the private sector, and the academe, in the form of business
clusters that follow the model of successful innovative
technical enterprises in Boston and Silicon Valley. This was
inspired by his stint as Task Force Chairman of the Metals
Industry Research and Development Center (MIRDC), back
then under the DTI but now under the DOST, which was
part of his responsibilities as then Undersecretary for Regional
28 S C I E N C E F O R I NN OVAT IO N
At the time, ICT had taken off, so the first locators were
information technology (IT)–related service providers of
computer-aided design and sound-aided machine monitoring
for preventive maintenance, as well as consultants on energy
conservation for those seeking to design electronics. These
30 S C I E N C E F O R IN N OVAT IO N
TBIs have been in the Philippines since the 1980s and its origins were rooted in
science. In 1987, the Technology Application and Promotion Institute (DOST-
TAPI) was founded. It envisioned to be the strategic partner in advancing
national socio-economic growth by advocating a culture of innovation and
promoting globally competitive and useful technologies in the country. Three
years later, what can be considered as the first incubator in the country started in
an existing space at the DOST-TAPI in Bicutan. Photo courtesy of DOST-TAPI.
Chapter
I D E AT I O N :
PROVIDING
MARKET
SOLUTIONS
34 S C IE N C E F O R IN N OVAT I O N
P R O F IT V S . VA LU E
To understand the difference between businesses
geared for profit versus value, take the music
app Spotify: It has 365 million users who love its
core product (access to millions of songs), but
given their revenues (they only have 165 million
paying subscribers) minus their costs (they must
pay artists per song streamed), they’re actually
not profitable yet. That said, the brand is highly
valued in the New York stock market—NYSE stock
symbol: SPOT—and at some point in February 2021,
their share price was higher than USD 300, with a
market capitalization of USD 69.35 billion.
1. Size of Prize
From QBO's
2020 QLITAN,
where attendees
meet new people
and hear from the
various members
of the QBO
"QMMUNITY."
Photos courtesy of
QBO's Facebook
page.
The problem and the proposed solution are then boiled down
into a crisp statement called a core vision. QBO has one itself,
which is: Filipino startups changing the world by supporting
an ecosystem for highly impactful solutions.
For QBO incubatee Senti AI, their solution was a bot that
could power automated bills payment. A customer can ask
a question in Taglish like: “Until when ako pwede magbayad
37
2. Timing
According to QBO executive director Katrina Chan, they don't charge startups
to join their incubator. As its name suggests, QBO puts bayanihan or teamwork
at the forefront of their values. This allows for an accommodating environment
for first-time founders. Photo courtesy of QBO.
“There's a huge variety,” Ms. Chan said. “But what they had
in common was they were all serving other businesses and
helping them adapt to these crazy times.”
3. Right to Win
Lastly, every startup is destined for the idea that they can
implement well, based on their level of grit (“their ability to
roll with the punches,” as Ms. Chan says), familiarity with the
39
Ms. Chan says: “It's really the team and the people executing
that idea that make the difference.”
While Ms. Chan believes that part of what helps startups succeed is having the
right idea at the right time, the team behind the execution of these ideas makes
all the difference. Photo courtesy of QBO.
40 S C I E NC E F O R IN N OVAT IO N
— Katrina Chan
Executive Director
QBO Innovation Hub
3
41
Chapter
NETWORKING:
FINDING
THE RIGHT
MENTORS AND
MARKETS
42 S C I E NC E F O R IN N OVAT IO N
R E A C H I N G I N T E R N AT I O N A L
PRESENCE
The BRYCE team also went to the DOST in Taguig and the Department of
Energy in Makati to test the biodiesel product. Unfortunately, when the team
was scheduled for another run-through in January 2020, the pandemic happened.
However, the development continued. A new batch of students from BatStateU-
CTI are currently managing phase two of the biodiesel reactor. Photo courtesy
of Wikimapia.org.
F R O M WA S T E T O P O I N T S
ROBIN’s Chief Technical Officer Engr. Emmanuel Bobis pitched their product
during the ASEAN–JAIF Business Matching Program in Singapore and has met
several investors who are interested in the startup. Photo courtesy of BatStateU-
CTI.
will give corresponding points, and the user can use those
points to buy from our partner shops or exchange them for
load or even wi-fi connection,” said Engr. Emmanuel Bobis,
CEO and founder of ROBIN.
SIGAW or Solar-Powered
Isotropic Generator of
Acoustic Wave is an early
warning system for tsunami,
volcanic eruptions, and other
natural disasters. The team
has already deployed 17 units
of the instrument around
Batangas and has pledged to
install 25 more in Quezon.
Photo courtesy of Batangas
State University.
50 S C I E N C E F O R I NN OVAT IO N
As per Engr.
Amante, they
were able to
install six units
of SIGAW
through a grant
from the DOST.
Image courtesy
of SIGAW and
BatStateU-CTI.
SELF-IMPROVEMENT
molding mindsets
BatStateU has been offering
technopreneurship courses as early as 2013.
2. Be proactive.
3. Think long-term.
Chapter
AN
ENTREPRENEURIAL
MINDSET:
DEVELOPING THE
PROOF OF CONCEPT
(POC)
54 S C I E N C E F O R IN N OVAT IO N
Physical locators at the UP Cebu inIT facilities at the UP Cebu Arts and
Sciences Building. Photo courtesy of Jun Madrid, UP Media and Public
Relations Office (MPRO) and UP Cebu inIT.
56 S C I E N C E F O R IN N OVAT IO N
Apart from their core work helping startups, UP Cebu inIT is also now trying
to help micro, small, and medium-sized enterprises (MSMEs) adopt digital
technology to add value to their businesses in the time of the pandemic. An
example would be restaurants that shifted to cloud kitchens that mainly deliver
their wares. The TBI manager said: “We’re not forcing them to change their
business model, but instead we’re just adding value.” Photo courtesy of Jun
Madrid, UP MPRO and UP Cebu inIT.
THINKING LIKE
AN ENTREPRENEUR
Mr. Nieva has many cautionary tales: the startup that rented
an office space only to realize later that most of their funding
57
Mr. Tan Yu applied for R&D funding from the DOST and
was eventually awarded with a grant. Here, the DOST played
the part of an active investor, supplying experts to help
Mataverse come up with a well-defined business purpose.
The VR company initially adopted a subscription-based
business model wherein they would build the software for
the client and offer it as a service. Later on, they modified
the subscription plan by offering a one-time flat rate for a
year-long service that would make it simpler to adopt for
traditional businesses.
Mataverse’s real estate tours offer both day and night views through a split
screen.
Photos courtesy of
Mataverse, Inc.
60 S C I E NC E F O R IN N OVAT IO N
The Mataverse Team (Reymart, Jemar, and Vincent) with the Cebu Provincial
Tourism Staff headed by John Roland Tabuñag in a collaboration project to
take a 360-degree photo of all the tourism sites across the province of Cebu.
Photo courtesy of of Mataverse, Inc.
5
61
Chapter
I N C U B AT I O N
OPTIONS: THE
RIGHT TBI FOR
YOU
62 S C I E NC E F O R IN N OVAT IO N
UNIVERSITY-BASED TBIs
The Responsibilities
of Being First
Among TBIs, iDEYA is special: It is the
first technology business incubator in
Mindanao.
Being the first incubator in the Mindanao region is a great feat, but it also comes
with its own challenges. Despite the setbacks, iDEYA has been determined to
succeed and educate their region about startups. Photos courtesy of iDEYA CIT
MSU-IIT.
67
A project management tool, the iDEYA Tracker was developed under the
leadership of a computer studies professor at MSU-IIT, Mae Vicente, to easily
track a startup’s progress, on a per-activity level, from incubation to graduation.
Image courtesy of iDEYA CIT MSU-IIT.
P R I VAT E T B I s
JG SUMMIT LAUNCHGARAGE
Jojo Malolos, Jay Fajardo, CEO & Founder
JGDEV President & CEO
"We look for sustainable and scalable "The key to having a healthy source of
business models that can create relevant innovation is to help nurture it
value to the core businesses of the from the grassroots.
Gokongwei Group with special focus
on e-commerce, fintech, and supply This is why we reach out to the different
chain & logistics. stakeholders in schools, maker spaces
and hubs, government departments,
I am particular with founders, their LGUs, and university-based TBIs."
conviction, their passion, and problem-
solving."
A I M - D A D O B A N ATA O S TA R T U P V I L L A G E
Prim Paypon, Executive Director Carlo Calimon, Director
GLOBAL TBIs
When you walk into an office in Silicon Valley, the famed district
in San Francisco for startups, companies such as Facebook,
Google, and Airbnb all have similar airy environments that
represent the character that these companies want to embody
in today’s creative business landscape—collaboration,
connection, and innovation.
2.
3.
Mr. Jojo Flores (bottom right) of Plug and Play sharing with the authors
(counterclockwise from top right: Maret Follosco-Bautista, Sec. Fortunato
T. de la Peña, and Robina Gokongwei-Pe) the adventure of a story of how he
cofounded the global tech center.
6
75
Chapter
LINK AND
LEARN: THE
I M P O R TA N C E
OF BUILDING
PA R T N E R S H I P S
76 S C IE N C E F O R I N N OVAT IO N
With complete access to ISU’s facilities, Agricom Best Foods has not only been
able to carry out production at the state university but also learned how to craft
their own business strategy and marketing promotions to sustain their business
long-term. Photo courtesy of Isabela State University Senior High School
Student Council Facebook page.
77
S E R V I C E C E N T E R F O R G O AT
BREEDING
The semen—readily
available in straws—
are administered
by a trained AI
technician to
multiple ruminants,
to better increase
the population as
compared to natural
mating. Photos
courtesy of the
AI Goat Center,
FGASPAPI.
79
OPPORTUNITIES TO TEACH
AND CONNECT
When the artificial insemination project was first rolled out, it was seeded to
only two to three goat farmers in Echague, Isabela. Photo courtesy of DOST-
PCAARRD.
While the TBI heavily guided the first few training sessions on
semen processing held for the members of FGASPAPI, CLSU
offered trained hands to collect semen from commercial farms,
and the provincial veterinary office of Tarlac helped supervise
the collection since farmers couldn’t do it by themselves just
yet.
81
Dr. Jonathan Nayga runs the Cagayan Valley Small Ruminants Research
Center (CVSRRC) to help MSMEs transform their goat raising operation
into a profit-oriented enterprise. Photo courtesy of DOST-PCAARRD.
82 S C I E N C E F O R I NN OVAT IO N
Chapter
OF HACKERS
AND HUSTLERS:
BUILDING A LEAN
TEAM WITH THE
RIGHT MIX OF
TA L E N T S
84 S C I E NC E F O R I NN OVAT IO N
Checkmate was born out of the firsthand experiences of its founders, whose
educator parents had to go through the tedious process of manually checking
test papers. Photo courtesy of Checkmate.
A demo day with selected judges will then assess the incubatees’
mini business plan. Once approved, the company undergoes
the six-month-long intensive incubation program called
Fire Starter. Meanwhile, those who do not meet the criteria
87
AN ENABLING ENVIRONMENT
“They [CDO b.i.t.e.s] know the right people. They know the
right contacts and all you have to do is just be there and just
do it. They will guide you,” said Dr. Reyes.
S U C C E S S FA C T O R S
Lastly, she asserted that the right soft skills and level of grit
should not be forgotten. While good technical skills are
necessary in tech startups, soft skills such as pitching, public
93
Part of the success that the incubatees are enjoying now can be
attributed to how the TBI has supported them through their
incubation period and even after. These companies highly
recommend tapping CDO b.i.t.e.s. or any TBI to help guide
them through their technopreneurship journey to success.
Yes Tech’s Dr. Reyes said that even after her incubation with
the TBI, CDO b.i.t.e.s. has always been there for her company
and encouraged her ideas. “Hindi ka talaga nila bibitawan
(They really wouldn’t leave you hanging),” she added.
94
PA U L R I V E R A
Cofounder and CEO, Kalibrr
4. How did you arrive at the idea of your startup? What inspired you?
People always ask me, “How did you come up with Kalibrr?” And it is
connected to a question people always have, which is, you know, how do
you come up with a startup idea? I think my framework to come up with
an idea, the approach to take, is to first find a problem that you really,
95
K AT H L E E N Y U
Founder and CEO, Rumarocket
Founder and Chief Data Scientist, Nudgyt
It was a difficult journey, but the year after I failed in school, I became an
honors student for the very first time.
The year I failed, I was “a disappointment.” The year after that, I was
“???” Society puts us into boxes with nice, convenient labels about who
we are or who we should be. My main interest and the biggest pursuit
of my life has always been staying in the “???” box. I am interested in
learning, growth, and constantly evolving to become a better person.
4. How did you arrive at the idea of your startup? What inspired you?
I don’t really remember how I arrived at the idea for my startup and I’ve
realized over the years that it doesn’t really matter. Ideas are cheap, but
good entrepreneurs differentiate themselves with their execution.
Chapter
BUILDING
C R E D I B I L I T Y:
PITCHING AND
IDENTIFYING
LINKAGES
98 S C I E NC E F O R I N NOVAT IO N
Filipina Hybrid
Corn Seeds makes
use of a bio-furnace
that burns discarded
corn husks. Photos
courtesy of Binhi
Inc.
It was not difficult for Binhi Inc. to get the support of UPLB-
SIBOL as some of its founders, including Dr. Baticados and
Mr. Anunciado, had already been engaged with the TBI even
before starting the company. “In fact, Binhi Inc. served as a
guinea pig for UPLB-SIBOL,” Mr. Anunciado remarked.
With the TBI’s support, Binhi Inc. has taken the enterprise
from concept to reality and steadily prospered through
continued innovation, knowledge-sharing, and partnerships
and collaboration. The TBI has also given Binhi Inc. access to
state-of-the-art prototype testing and fabrication equipment
through the Dr. Ceferino L. Follosco Innovationeering Lab,
UPLB-SIBOL's support service facility designed to serve
as a thinking and collaborative space for entrepreneurial
technologies.
Chapter
THE CROWD
HAS SPOKEN:
TESTING THE
IDEA THROUGH
PITCHING
COMPETITIONS
10 6 S C IE N C E F O R I N N OVATI O N
S H A R E D PA S S I O N
With this, the team was able to come up with the design for
their product, ISDApp, which pushes SMS or text updates
about the tide and weather to ensure fishermen’s safety every
four hours. The choice of SMS is crucial as it allows even
fishermen with analog phones to access it. The language is also
simple and direct, with practical information generated from
live satellite updates from NASA and weather forecasts from
the Philippine Atmospheric, Geophysical, and Astronomical
Services Administration (DOST-PAGASA).
Team iNON joined the NASA Space Apps Challenge in October 2018 and won
in the Global Impact category. The team is composed of (from left to right)
Julius Czar Torreda, Revbrain Martin, Herlan Czar Leuterio, Marie Jeddah
Legaspi, Migs De Guzman, and Rogelio Patrick del Rosario Jr.
Photo courtesy of iNON IT Solutions.
At the time they were starting, the cofounders did not have
enough IT experience to develop the application. Only Mr.
Torreda had the IT background they needed, while his other
teammates came from the media and airlines industries.
They came out victorious. When asked what he thinks sets them
apart from their competitors at the hackathon, Mr. Torreda
109
When the iNON team first met with Animo Labs, they were already finished
with the ideation phase and had a prototype of their product. Next was getting
initial funding. Cofounder Julius Torreda cited how hard this step was, owing
to the fact that their product, ISDApp, was not conceptualized to be revenue-
generating. But thanks to the help of multiple sponsors, such as the US Embassy,
corporate social responsibility (CSR) programs, the Bureau of Fisheries and
Agriculture, and the invaluable support of Animo Labs, the situation has
improved since. Photo courtesy of ISDapp Facebook page.
Another team that has commercialized their scientific research is iNano, led
by Dr. Nonato Gil Santos. They have created a Marine Nanocoat that protects
ships from various elements that degrade the surface of its hull. Photo courtesy
of iNano Solutions.
From Research to Profits
Animo Labs focuses on commercializing
scientific research. Another company that
started under their wing is a father-
daughter-led enterprise, iNano Solutions,
which used to be a research facility under
DLSU’s Center for Natural Sciences and
Environmental Research. Dr. Nonato Gil
Santos, the founder and research head of
the group, started the company by offering
analytical services in 2006.
Chapter
C A P I TA L 1 0 1 :
SECURING
FUNDING
116 S C I E N C E F O R IN N OVAT I O N
The DOST was then able to set him up with grant funding,
which he and his peers used to develop their product, seek
certification, and carry out market validation. And with
their own savings, they were able to set up a fully functional
office, register their business, finalize their business licensing
117
Dr. Uy identified a clear use case for their tech: After a strong
earthquake, and you evacuate, when do you know it is safe
to go back? Without the necessary technology to accurately
assess the post-earthquake state of a building, people often
turn to visual inspections—looking for structural damages,
big cracks, or other physical manifestations. “Unfortunately,
it’s actually hard to do that,” he explained. “What if you
have a high-rise building? You go floor by floor? How would
you be able to really do that task properly? What about the
foundation underneath?"
As the country is located along the Pacific Ring of Fire and typhoon belt,
calamities are a continuing challenge for the Philippines. As such, Dr. Uy
believes that it is important to focus not just on disaster response—after an
earthquake—but rather disaster prevention and preparedness. Image courtesy
of Wikimedia Commons.
120 S C IE N C E F O R I N N OVATI O N
Through the DOST, Dr. Uy and his team received grant funding that enabled
their technology to come into fruition. Photos courtesy of USHER Technologies,
Inc.
123
USHER includes a web portal to check the health of structures. Photos courtesy
of USHER Technologies, Inc.
124 S C I E N C E F O R I N NOVAT I O N
Chapter
PILOT
PROJECTS:
TESTING THE
IDEA IN THE
REAL WORLD
126 S C IE N C E F O R I N N OVATI O N
1. Idea generation
2. Product definition
3. Detailed design
4. Validation/testing
5. Commercialization/marketing
FA S T - C H A R G I N G S O L U T I O N S
MARKET-DRIVEN PRODUCT
DEVELOPMENT
Dr. Luis Sison is the project leader of UPSCALE Innovation Hub, which
started in 2018. As a key figure in this innovation hub, he shares a lot of his
wisdom and experiences to UPSCALE's incubatees. Photo courtesy of BARAS
TBI's Facebook.
132 S C I E N C E F O R I N NOVAT I O N
UPSCALE Innovation Hub has been successful in the past years, and it may
be credited to its thorough processes and criteria for the selection of applicants.
So far, the incubator has worked with partners such as the National University
of Singapore (NUS), Accenture, and USAID STRIDE. Photo courtesy of
UPSCALE Innovation Hub.
Tips to Overcome
Barriers to
Commercialization
Chapter
TRENDS,
CHALLENGES, AND
OPPORTUNITIES
FOR THE
PHILIPPINE
S TA R T U P
ECOSYSTEM
136 S C I E N C E F O R I N NOVAT I O N
The Startup Grant Fund (SGF) created an open call for businesses designed
for the new normal in order to help them strengthen their intellectual property
(IP), establish initial market traction, refine their business model, and prepare
business continuity plans, especially during the COVID-19 pandemic. Working
on innovations in supply chain and logistics, education, sustainable industries,
content and talent development, public service, and work-from-home productivity
tools, the first batch of startups approved for funding under this program was
announced in June 2021, with a total of PHP 43 million in grant funds approved
for 14 startups. The next call for proposals has also already been announced, with
a target to support more startups with a maximum grant of PHP 5 million each.
Photo courtesy of the DOST-PCIEERD's Facebook page.
Thriving in the
New Normal
During the pandemic, online platforms are
proving to be resilient.
S TA R T U P S I N T H E C O R O N AV I R U S
PA N D E M I C
REFERENCES
AND FURTHER READING
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Alcedo, M.J., Ito, K. & Maeda, K. (2015). Stockmanship Competence and Its Relation
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INTERVIEWS
ACKNOWLEDGMENTS
The authors would like to express their appreciation for the contributions of
former DOST Undersecretary Eduardo Magtoto, Ms. Sonia Tiong-Aquno,
the innovators, startups, universities, institutions, venture capitalists, and
technology business incubators and the support of the Department of
Science and Technology, the Philippine Council for Industry, Energy
and Emerging Technology (DOST-PCIEERD), Philippine Council for
Agriculture, Aquatic and Natural Resources (DOST-PCAARRD), and
the National Research Council of the Philippines (DOST-NRCP).
Lastly, the authors wish to thank Ms. Lynn Talingdan from the DOST-
NRCP and the editorial team that made this book happen: Editor-in-Chief
Anna Canlas, Editor Mons Sta. Cruz, Publisher Bam Besa, Managing
Editors Jenny Aguilar and Camille Ledesma, Program Director Danielle
Canlas-Torres, Illustrator Maia Puyat, Art Director and Illustrator Zoe
Sabandal, Researcher-writers Mikaela Amador, Aly Narvaez, Gabbie
Natividad, Julianne Suazo, and Ria Torrente, and Research Assistants
Janelle Cielo, Shaine Tabuquilde and Patricia Villoria.
160
DOST
Science for the People is a publication of the Department of Science and
Technology. The implementation of this book project was monitored by
the National Research Council of the Philippines.
Website: www.dost.gov.ph
Facebook: www.facebook.com/DOSTph
DOST Building
General Santos Avenue Bicutan, Taguig City
Metro Manila, Philippines 1631
Phone: (632) 8837-2071 to 82 or (632) 8837-2937
Email: osec@dost.gov.ph
161
Science and technology runs deep in her veins, being the daughter of former
DOST Secretary Dr. Ceferino L. Follosco.
Taking from the entrepreneurial spirit of her father, John Gokongwei Jr., she
actively promotes local business enterprises as her contribution to national
development.
Part of his legacy throughout his years in position is leading the steering
committee on the formation of the National Innovation Strategy, which gave
rise to the National Innovation Network (Filipinnovation) that he also co-
chaired. Filipinnovation harnesses the creativity and ingenuity of Filipinos to
develop practicable and compelling solutions to the problems being faced by
various vertical markets—cultivating a more vibrant startup landscape and
hence more robust industrial systems in the Philippines.
162 S C IE N C E F O R I N N OVATI O N
Robina and Maret's friendship goes all the way back to their freshman year at
the UP School of Economics, with both being staunch supporters of the UP
Maroons men's basketball team. They also both believe in the specific Filipino
brand of ingenuity and champion excellence in their respective businesses.
Their shared passion extends to good Filipino food like lechon and daing na
bangus with garlic.
163
Maret, Robina, and Sec. Boy de la Peña have traveled together all over
the country to visit the SME beneficiaries of the DOST’s programs. They
enjoy eating the local delicacy and freshest fruits offered by each region.
Their common interests aside from food include history and culture. A
visit to heritage houses and churches in Bulacan was one of their most
enjoyable and memorable trips.
Wr i t te n i n si m p l e l ang uag e, t his
bo o k b re ak s down t he st rategy t ha t
f re s h g r a duates, ent rep reneurs, a nd
c o m p a n i e s al i ke c an use to bring a n
i d e a to m a rket : t he p ro c ess of bu sine ss
i n c u b a t i on. Feat uri ng 10 sto rie s of
c o m p a n i e s at vari ous st ag es, t his book
a i m s to p ro mo te techno p reneu rship
a n d h i g h l ig ht t he advant ag es of join in g
a te c h n o l og y busi ness i ncub a tor
( T BI) , t h e Dep ar t m ent o f Sci ence a nd
Te c h n o l o gy ’s ver y own T E C HNO LO GY
B USIN E S S IN C U B ATO R progra m, a nd
c o l l a b o r a ti o n bet ween t he aca de me ,
i n d u s t r y, g overnment , and p riva te se ctor,
wh i l e fo c usi ng o n i mp o r t ant le sson s
for s t u d e nts, ent rep reneurs, a nd TBI
m a n a g e r s to t ake away.