DOST (Department of Science and Technology)
Philippine EcosystemDOST is the Philippine government department that funds and supports science, technology, and research-based startups.
Plain-English definitions of startup, funding, AI, and tech terms — with Philippine examples where possible.
DOST is the Philippine government department that funds and supports science, technology, and research-based startups.
DTI is the Philippine government department overseeing trade, industry, and small business growth, including startup support programs.
Due diligence is the detailed check an investor does on a startup's finances, legal status, and team before finalizing an investment.
A crypto exchange is a platform where people buy, sell, and trade cryptocurrencies for pesos, dollars, or other digital assets.
An exit is the event where founders and investors finally turn their startup ownership into real cash, usually via acquisition or IPO.
Fine-tuning is further training an existing AI model on a smaller, specific set of examples so it gets better at one task.
A foundation model is a huge, general-purpose AI model trained on massive data that can be adapted for many different tasks.
A founder is the person who starts a company, taking on the early risk of turning an idea into a working business before anyone else believes in it.
A founders' agreement is a signed contract between co-founders that spells out equity splits, vesting, roles, and what happens if someone leaves early.
Foxmont Capital is a Manila-based venture capital firm that funds early-stage Philippine startups, mainly at seed and Series A.
Freemium is a pricing model where a basic version of a product is free forever, while advanced features are locked behind a paid upgrade.
A gas fee is the small payment you make to a blockchain's network for processing your transaction or smart contract — it goes to the network, not a company.