1337 Ventures aims to help entrepreneurs validate their start-up ideas this November

1337 VENTURES (pronounced “leet ventures”) in collaboration with Department of Science & Technology of Philippines (DOST) brings its idea validation programme, Alpha Start-ups to the Philippines region with the initial marker being laid in Cebu this November 9-13.

Existing start-ups as well as new business ideas are welcome to apply for the inaugural class within the Philippines.

“We have always viewed the Philippines region as a lucrative market to launch a start-up.

They have a large unbanked population, one of the biggest inbound transactions and great talent.

This programme will greatly help Philippine entrepreneurs as well as all others within our Alpha Start-ups alumni as it puts them on a global footing to potentially work together and have a greater geographical presence,” says Bikesh Lakhmichand, CEO of 1337 Ventures.

Alpha Start-ups Cebu will be one of the building blocks of the Philippine start up road map that was authored by Senator Paolo “Bam” Aquino with the vision of creating 500 Filipino start-ups raising US$ 200 million of total funding by 2020.

1337 Ventures is looking forward to working with supporting partner Techtalks.ph in this inaugural Alpha Start-ups in Philippines.

“We really love engaging with the local ecosystems as this supports the initiative of building communities within localities.” says Bikesh Lakhmichand, CEO of 1337 Ventures.

Entrepreneurs will be exposed to a 5-day intensive boot camp from the 9th -13th of November 2015, where 25selected start-ups will get to test their ideas through customer and product development, growth hacking and learn the art of pitching.

Startups will get the chance to show their key learning’s of the week at a demo day on the 13th of November that will be attended by key investors. Entrepreneurs registering for the pre-accelerator program in November will have to submit a one-minute video pitch as an entry point. pr