Untapped Financial Resources

The common complaint of Filipino entrepreneurs is the lack of access to capital. But unlike Mang Ambo at the time of our grandparents, entrepreneurs today have broader sources of capital besides friends, relatives and banks. A substantial list of funding institutions could be found at http://www.dti.gov.ph/SME.php. It has a 129 page document on financing programs for Small- and Medium-scale Enterprises (SMEs). No, lack of sources of capital is not a problem in the Philippines.

However, the lack of capability in making a viable business plan and an excellent marketing strategy is the downfall of SMEs. This is the purpose of this blog. To let Filipino entrepreneurs become technopreneurs. To harness the talents of Filipino scientists and engineers into developing products and companies with 'unfair' sustainable business advantages. If they have this unfair' advantage, financing will come much easier. Beyond traditional sources of capital, they could even approach venture capitalist.

Enterprise creation is a process of wealth creation. Gold, once found, starts a gold rush not limited to miners. People from all walks of life like office clerks, market vendors, and even engineers and businessmen will join the rush. Apart from the traditional lending sources, if the business plan is really good and gold could be “mined”, other non-formal lending institutions and individuals will jump in to give their support if they see the opportunity for large profits. The goal of the Technopreneurial Revolution is to realize the vast untapped wealth of the Philippines and Filipinos.

Linked In

We are looking for Filipinos Investors, Venture Capitalist, or Funding Institution willing to participate in the Technopreneurial Revolution. Please contact Rodec through LinkedIn, http://www.linkedin.com/in/rodec. Let's LINKED IN..