Aside from providing network and mentorship support, PhilDev will also provide SE development program support through formal lectures, focused classes, informal learning sessions, networking mixers/socials, and/or intense one-on-one mentorship. Topics ranging from company building, opportunity identification, and effective communication will be held during the first two months of the acceleration program to provide the SEs ample time to build their business plans and annual operating plans, among others. This is vital especially for ventures aiming to transition from product-market fit to early growth-- a stage that requires the SE to establish, refine and strengthen existing systems, processes and governance measures. Our program will also provide SEs with mentorship and guidance focused on effective social impact monitoring and evaluation, ensuring that the systems and structures are in place as the SE grows its operations and positive social contributions.
Aside from the program support, PhilDev Labs will provide the following:
Tailored program and mentorship support from world-class mentors and advisors
Strong network support from PhilDev partners to access capital, markets, talent and resources
Co-working space and facilities
Investor roadshows and Demo Day
Access to additional funding for qualified startups
Free legal assistance and serviceS
Pro bono audit, tax, and compliance consultinG
SEs will be prepared and assisted to access a modest seed loan through another funding mechanism to help sustain themselves through the few months of focused growth. The program intends to graduate SEs that are pre- or ‘Series A’ investment-ready ventures that can qualify for support from the loan of the partner banks or from impact investment financing external to PhilDev Labs.