Philippine Government’s goal: 500 startups by 2018

GEEKS ON A BEACH 3. (From right) Frederick Amores, iSkwelahan.com founder Keith Lumanog, TechTalks.ph founder Tina Amper, Dave Overton of Sym.ph and Dulce Lada of TechTalks.ph during the launching of Geeks On A Beach 3.

Develop at least 500 startups with a total worth of US$2 billion by 2018. That is among the “ambitious” goals of a Philippine Startup Roadmap that’s currently being formulated by the Department of Science and Technology (DOST) under the lead of the Information and Communications Technology Office (ICTO).