Plug and Play Philippines
Accelerator
Active
Plug and Play Philippines is the local National Startup Accelerator Program run under a formal, two-year partnership between Plug and Play, the Silicon Valley-founded global innovation platform active since 2006 and connected to over 35,000 startups and 500-plus corporate partners worldwide, and the Philippine Department of Trade and Industry (DTI), publicly launched in Makati in April 2024. Rather than an independent Philippine-founded fund, it exists because the government sought out a global accelerator brand to run a formal local program, targeting roughly 40 startups a year across two six-month cohorts, focused on AI, cybersecurity, software development, animation, agritech, and food technology. DFNN Inc., a listed Philippine tech company, joined as a private-sector partner, testing incubating companies' products and contributing seed funding alongside DTI-referred sponsors. Participants receive mentorship and limited direct equity funding, plus access to Plug and Play's global network, reported by the firm at roughly billion in accessible capital — a genuinely different value proposition from a fund writing its own large checks, stated plainly here rather than oversold.
Pre seed
Seed
Accelerator
Active
Villgro Philippines is a gender-smart impact incubator founded in 2017 and based in Makati, operating as the Philippine chapter of Villgro, an impact-investing organization with roots in India that runs country-specific programs across several emerging markets. Rather than writing occasional checks from a fixed fund, Villgro Philippines runs a direct incubation-and-investment portfolio that has grown to around 39 enterprises across health, education, agriculture, affordable housing, and women-and-girls-focused businesses, pairing capital with hands-on investment-readiness support. It also co-founded two pieces of investing infrastructure the local ecosystem lacked: Impact Pioneers, described by Villgro itself as the Philippines' first dedicated impact angel-investing network, built jointly with xchange; and WE Rise Community, an access-to-finance platform for women entrepreneurs. Its most recent initiative, AI4Health Asia, was launched with Canada's IDRC as the first accelerator of its kind in the region dedicated to responsible-AI health startups, focused on sexual, reproductive, and maternal health and on epidemic preparedness across South and Southeast Asia.
Pre seed
Seed
Accelerator
Active
xchange is a genuinely Philippine, Manila-based philanthropic, impact-first incubator founded in 2011 by Rico Gonzalez (now Managing Director) and Nono Coliangco. It is a real capital-deploying organization, not purely an advisory shop — its LinkedIn profile describes it as providing seed capital alongside tailored mentorship to early-stage Philippine social enterprises — but its own site frames its work across three pillars ("Build Ventures," "Finance Ventures," "Advise Ventures"), making it more accurately described as a hybrid incubator/impact-investor than a conventional check-writing VC fund. Its current leadership team also includes Finance Director Rizza Mariano and Directors Erika Tatad and Love Gregorie Moral-Perez.
xchange focuses on social enterprises addressing structural Philippine problems across four thematic areas it calls "Futures": the Future of Work (business/finance innovation, workforce transformation), the Future of the Planet (disaster resilience, food systems, regenerative solutions), the Future of Well-being, Health & Nutrition, and the Future of Education. No specific named investee/portfolio company could be confirmed from the pages accessible this session — its portfolio page returned a 404, so this entry cannot list concrete example ventures, which is a real gap rather than an intentional omission.
Pre seed
Seed