IDEAS Davao

The establishment of the Innovation and Development Accelerators Consortium for Startups (IDEAS) in the Davao Region aims to synergize the programs of incubators, accelerators, government agencies, private sector, investors, and other startup enablers to achieve a stronger, inclusive, and conducive startup ecosystem in Region XI. IDEAS shall facilitate collaborative initiatives to improve incubation programs, mentoring, networking, fundraising, and media exposure of DOST TBIs for startups. It intends to align the programs of legally mandated implementing agencies of the Philippine Innovative Startup Act, namely, DOST, DTI, DICT, at the regional level, to extend more support to startups. It is foreseen to aid startups with the potential for exponential growth to access government funding such as Startup Grant Program, BIST, WHWise, and the likes. It endeavors to also support startups to acquire investments from private entities to increase job opportunities and economic development in the region.