PESO :: Philippine Emerging Start-ups Open

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PESO Resources

  • PESO Home Page
  • Donate to PESO via myAyala.com
  • MIT $50K Resources

Our Sponsors and Partners

  • Philippine Center for Entrepreneurship
  • Ayala Foundation Technology Business Incubator
  • MIT Public Service Center
  • Business World Online
  • Philippine Daily Inquirer
  • ComputerWorld Magazine
  • Enterprise Magazine
  • Brain Gain Network
  • Narra Venture Capital
  • Hybridigm Consulting

Register your teams now!

Don't forget to register your teams at the brand spanking new PESO website!

Deadline for the business plan summaries is on September 9th!

Saturday, 13 August 2005 in Participants | Permalink | Comments (1) | TrackBack (0)

The Importance of Technology Transfer

Last I heard from St. Luke's Research and Biotechnology Division, they had a potential Dengue diagnostic, but no technology transfer policy.

A tech transfer policy determines who owns intellectual property (copyrights, patents, etc.) generated by an institution. Tech transfer is usually managed by a TLO (technology licensing officer), who makes sure there is no conflict of interest and ensures that the institution's knowledge is either spun-out into a start-up or licensed for a fair royalty to existing businesses. This is essential to national development. It is one of the many lucrative employment opportunities related to technopreneurship. As of this writing only UP has a tech transfer policy, and many intellectual property lawyers and businessmen have found it lacking.

If St. Luke's RBD had a tech transfer policy, maybe this Singapore company wouldn't have gotten the drop on them.

Don't lose hope, though. It's not who gets to market first, it's who has the better unfair sustainable competitive advantage!

Friday, 12 August 2005 in Intellectual Property | Permalink | Comments (0) | TrackBack (0)

PESO @ CLSU

Our intrepid CEO, Dickie Gonzalez, will be at Central Luzon State University on August 17, 2005 at 10am!

Catch him and the technopreneurship wave!

Friday, 12 August 2005 in Business Plan Competition | Permalink | Comments (0) | TrackBack (0)

One month left

Ony one month to go before the Business Summary is due. Get your team together, dust your theses off your shelves, and start brainstorming! You probably want to use our online resources to polish your summaries. If you need a mentor to look over it, please get in touch with us via peso-info@mit.edu.

In the meantime, check out this free article from MIT about their entrepreneurship ecosystem.

Tuesday, 09 August 2005 in Business Plan Competition | Permalink | Comments (0) | TrackBack (0)

PESO rocks DZRJ

Hail the jetlagged hero! PESO US lead organizer Neil Ruiz is back in the Philippines for the next 5 weeks.

Plunging into the milieu immediately, Neil was joined me and Dennis Posadas at "the John and Gemma Show" on DZRJ. John Mangun (former stockbroker and erudite capitalist) and his co-host Gemma Cruz Araneta (former Secretary of Tourism) interviewed us about technology entrepreneurship. It was my first time on Philippine radio, and it was nice to have such a lively conversation.

John and Gemma can be heard from 7pm-8pm on DZRJ 810 AM, it's designed for an Expat audience and is perfect for your drive home!

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Maoi Arroyo | PESO Philippines

Tuesday, 26 July 2005 in Radio | Permalink | Comments (1) | TrackBack (0)

Object Lust for the Optimus Keyboard

Several days ago I proclaimed the DX1 as a God-send to all hard-core gamers.

I apologize. I was incredibly wrong.

Andy Grove (founder and CEO of Intel) once said that he wanted people to feel "waves of lust" for his products. Behold the object lust that is engendered when you gaze at this ineffable beauty. Made by a russian design firm, it has color LED displays on the face of EACH and EVERY one of the keys, telling you exactly what each key will do in any given program. Whether that's letters in Word, the tool icons in Photoshop, or arrow keys and weapon icons in Quake III.

Think about that for a second.

And then, after taking a deep breath, take a look for yourself.

Now that's what I call innovation! *proceeds to drool*

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Maoi Arroyo | PESO Philippines

Tuesday, 19 July 2005 | Permalink | Comments (7) | TrackBack (0)

Free articles from PESO Philippines

Dennis Posadas and I wrote for Ernst & Young Philippines' SGV review. This quarter's issue focuses on "Adapting to Technology".

Dennis elucidates his ideas for Building an Asian Silicon Valley Ecosystem and I give the heads-up on Building Philippine Biotechnology. The articles are FREE and can be dowloaded in PDF form.

You can also check out PESO's column in Business World Online's Wealth Manager section. The column is called "Tech Matrix" (last page of the PDF) and will appear every monday!

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Maoi Arroyo | PESO Philippines

Monday, 18 July 2005 in Technopreneurship | Permalink | Comments (0) | TrackBack (0)

Paths to Technopreneurship

"Many biotech companies are founded by scientists. But there is certainly a path, somewhat less trodden but nonetheless viable, for the inspired entrepreneur who may not be a brilliant researcher."

A short article in Nature Biotechnology's "Bioentrepreneur" section points to "an altrenate path" to technopreneurship in general: that of a market perceiver.

"The technopreneur brings an internal approach to the new venture (a technology push), whereas the market perceiver uses an external path (a market pull) to technological entrepreneurship. The former model can be viewed as a hammer hunting for a nail (a technology looking for an appropriate market need), whereas the latter is akin to a nail sticking up."

What does that mean in plain English?

You don't have to have to be the one with the fabulous, earth-shattering idea (i.e., the technopreneur). You could also be the person who sees why someone would pay money to have that product or service.

As Tina says, we at PESO are very serious about the "CONNECT" part of our objective/slogan. Simply showing up at a PESO event and meeting other people might be your key to becoming a technopreneur. By meeting a techie, perceiving an opportunity to make money, nurturing your idea with the help of mentors, you could start a high-tech business.

That's right, you, Mr. or Ms. "I hate Science and Math"!

Come to the PESO launch on the afternoon of July 20, at the SM Megatrade Hall and you'll be able to take your first step towards technopreneurship.

See you there!

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Maoi Arroyo | PESO Philippines

Friday, 15 July 2005 | Permalink | Comments (1) | TrackBack (0)

PESO Reality TV?

Last year, on one side of the planet, Dickie Gonzalez (PESO Phils CEO), Mark So (CEO of Businessmaker Academy) and I were brainstorming about fund-raising ideas. Mark joked that it would probably be nice to have something that was part Apprentice and part Entrepreneur, something both factual and highly entertaining.

Months later, Karlo Laforeteza (PESO US) saw this show while he was stuck in an airport. CNN has a series that in each episode features a SME that is mentored by an industry expert. For people in the US, you can watch this on Saturdays 11 am EST. For people in the Philippines, we're going to have to beg Karlo and Tina to tape it for us! :)

Now my fellow Cambridge-MIT alums in Britain tell me about the Dragon's Den, which is a lovely and apt name for pitching to a bunch of private equity investors and successful entrepreneurs.

I'm sensing a trend here, people... Maybe next year, we'll have the PESO Challenge reality show. *snicker*


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Maoi Arroyo | PESO Philippines

Friday, 15 July 2005 in Television | Permalink | Comments (3) | TrackBack (0)

Former MIT President to give Cambridge-MIT Distinguished Lecture

Here's an opportunity you shouldn't miss if:

  1. You have a good internet connection
  2. You will be awake at 12 midnight on Friday

The former President of the Massachusetts Institute of Technology (MIT) will be discussing the lessons learnt from building relationships between universities, industry and government in the USA when he gives the next CMI Distinguished Lecture. This event in the series is supported by the University of Cambridge Vice-Chancellor's Office.

Dr Charles Vest, MIT President Emeritus, will be giving the lecture at the William Gates Building, University of Cambridge, at 5pm (British Summer Time) on Friday 15 July 2005.

His talk will also be accessible by a worldwide audience as, like previous Lectures in this series, it is being webcast live in association with Stream UK.

In “To Contribute to Society: Lessons learnt from building the relationship between University, Industry and Government in the USA”, Dr Vest will introduce new observations on the openness of research and partnership among universities and industry.

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Maoi Arroyo | PESO Philippines

Thursday, 14 July 2005 in Technopreneurship | Permalink | Comments (4) | TrackBack (0)

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