National Development Company (NDC)
Government Fund
Active
The Startup Venture Fund is a direct government investment vehicle created under the Philippines' Innovative Startup Act (Republic Act 11337), administered by the National Development Company (NDC), an agency under the Department of Trade and Industry (DTI). Capitalized at ₱250 million and launched in November 2021, it makes direct co-investments into qualifying Filipino startups alongside accredited private-sector co-investment partners — a distinct role from partners such as IdeaSpace or Gobi-Core Philippine Fund (both separately listed in this directory), which are private co-investment partners of the fund rather than the government fund itself.
A confirmed direct investment example is a ₱11 million commitment into SolX Technologies, a Philippine solar-energy startup, made in June 2024.
Pre seed
Seed
Series a