Radical innovations that startups initiated allowed them to emerge as key drivers of job creation and growth.
During the global pandemic, startups played a crucial role in economic recovery.
Innovative young firms reacted swiftly to the changing landscape while paving the shift to a digitized way of life.
French Ambassador to the Philippines Michèle Boccoz recently cited the contributions of startups, particularly in helping push the investments to the country.
“This pitching contest is an illustration of a continuous action of the French Chamber of Commerce and Industry in the Philippines (CCIFP) to link Filipino and French businesses,” Boccoz said at the virtual Startup Pitch Competition launch.
A pitch contest is where entrepreneurs present their business concept to a panel which chooses a winner for either a cash prize or investment capital.
The competition is an initiative of CCIFP, in partnership with La French Tech Philippines and Digital Pilipinas.
This virtual pitching tournament aims to provide an avenue for French and Filipino tech startups to present solutions to many of the issues facing them.
Digital Pilipinas is the biggest privately-led movement to champion the digitization of the Philippines.
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