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Cebu City
Startup
Ecosystem
THE TEAM
Researcher:
Sheryl B. Satorre
(Faculty, University of Cebu-Main)
Advisors:
Cecilio S. Baga, PhD.
Full Professor
Cebu Technological University
Ms. Tina Amper
Founder
TechTalks.PH
Fabio Kon, PhD.
Full Professor
University of Sao Paulo
RESEARCH TIMELINE & OBJECTIVES
◦to evaluate the status of the
startup ecosystem in Cebu City
◦to assess the extent of vibrancy
of the Cebu City startup
ecosystem
◦to plot the Cebu City Startup
Ecosystem Canvas
Timeline: March 2015 – March 2016
CONCEPTUAL FRAMEWORK
Cebu City
Startup
Ecosystem
Founding
Team
Startup
Capability
Support
System
External
Environment
METHODOLOGY
Published Reports, Researches
and Industry Data
Primary DataSecondary Data
14
Cebuano Startup Founders
7
University Representatives
10
Startup Mentors
PARTICIPANTS
Highlights
CEBUANO STARTUP FOUNDERS
71.43% male
28.57% female
35.71% single
64.29% married
AGE
below 25: 7.14% || 31 – 35: 21.43%
25 – 30: 50.00% || 36 – 40: 21.43%
EDUCATIONAL ATTAINMENT
Undergraduate: 35.71%
Graduate: 50%
Masters: 14.29%
CEBUANO STARTUP FOUNDERS
50% to give back to the community
42.86% personal vocation
28.57% be their own boss
42.86% personal challenges
35.71% product scalability
35.71% finding the right people
7.14% finding the right client
57.14% freedom
35.71% making an impact
21.43% flexibility
7.14% learning experience
CEBUANO STARTUPS
5.56
22.22
55.56
16.67 Startup Age
< 1 yr.
1 - 2 yrs.
3 - 5 yrs.
more than 5 yrs.
•61.11% Customer Creation Stage
•77.78% Bootstrapped
•100% Seed
•83.33% < 4 founders
•72.22% <= 10 employees
•83.33% SMLEs
•66.67% Subscription
LOCAL STARTUP COMMUNITY SUPPORT
2.39
2.35
2.12
1.46
2.51
1.99
2.73
1.49
1.75
0.00
0.50
1.00
1.50
2.00
2.50
3.00
Leadership of the
Entrepreneurs
Advisors and
Mentors
Network Density
Government
TalentSupport Services
Opportunities for
Engagement
Conglomerates
Capital
Visibility of Support:
1.00 – 1.74 Not Visible
1.75 – 2.49 Less Visible
2.50 – 3.24 Visible
3.25 – 4.00 Very Visible
Composite Mean = 2.09 Less Visible
ENTREPRENEURSHIP SUPPORT IN UNIVERSITIES
Visibility of Support:
1.00 – 1.74 Not Visible
1.75 – 2.49 Less Visible
2.50 – 3.24 Visible
3.25 – 4.00 Very Visible
2.63
2.54
2.51
2.51
2.12
2.80
0.00
0.50
1.00
1.50
2.00
2.50
3.00
Strategy
Resources
Support
Infrastructure
Entrepreneurship
Education
Startup Support
Evaluation
Composite Mean = 2.52 Visible
CEBU CITY STARTUP ECOSYSTEM
3.24
2.45
1.73
2.00 0
0.5
1
1.5
2
2.5
3
3.5
Founding Team
Startup
Capability
Support System
External
Environment
Vibrancy of Startup Ecosystem:
1.00 – 1.74 Not Vibrant
1.75 – 2.49 Less Vibrant
2.50 – 3.24 Vibrant
3.25 – 4.00 Very VibrantComposite Mean = 2.36 Less Vibrant
AREAS FOR IMPROVEMENT
◦Internet Infrastructure
◦Research Laboratory & Innovation
Centers
◦Grassroots Activities
◦Funding and Investments
◦Education
◦Policies
CONCLUSION
The Cebu City Startup Ecosystem
is less vibrant.
OUTPUT
Cebu City Startup Ecosystem
Canvas
(http://bit.ly/ccstartupecosystem)
Cebu City Startup Ecosystem Canvas
Startup Life Cycle
•Idea
•Launch
•Growth
Startup Supporters
•Evangelists
•Government
•Talent
Success Stories
RECOMMENDATIONS
Cebu City Startup Ecosystem
Canvas: public and regularly
updated
Future Researches:
Examining the Connections within
the Startup Ecosystem (Motoyama & Watkins, 2014)
Measuring an Entrepreneurial
Ecosystem based on: density, fluidity,
connectivity and diversity (Stangler & Bell-
Masterson, 2015)
Thank you for listening.
Sheryl B. Satorre
iamsbsatorre@gmail.com
Faculty, University of Cebu - Main

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Cebu City Tech Startup Ecosystem by Dr. Sheryl Satorre

  • 2. THE TEAM Researcher: Sheryl B. Satorre (Faculty, University of Cebu-Main) Advisors: Cecilio S. Baga, PhD. Full Professor Cebu Technological University Ms. Tina Amper Founder TechTalks.PH Fabio Kon, PhD. Full Professor University of Sao Paulo
  • 3. RESEARCH TIMELINE & OBJECTIVES ◦to evaluate the status of the startup ecosystem in Cebu City ◦to assess the extent of vibrancy of the Cebu City startup ecosystem ◦to plot the Cebu City Startup Ecosystem Canvas Timeline: March 2015 – March 2016
  • 5. METHODOLOGY Published Reports, Researches and Industry Data Primary DataSecondary Data
  • 6. 14 Cebuano Startup Founders 7 University Representatives 10 Startup Mentors PARTICIPANTS
  • 8. CEBUANO STARTUP FOUNDERS 71.43% male 28.57% female 35.71% single 64.29% married AGE below 25: 7.14% || 31 – 35: 21.43% 25 – 30: 50.00% || 36 – 40: 21.43% EDUCATIONAL ATTAINMENT Undergraduate: 35.71% Graduate: 50% Masters: 14.29%
  • 9. CEBUANO STARTUP FOUNDERS 50% to give back to the community 42.86% personal vocation 28.57% be their own boss 42.86% personal challenges 35.71% product scalability 35.71% finding the right people 7.14% finding the right client 57.14% freedom 35.71% making an impact 21.43% flexibility 7.14% learning experience
  • 10. CEBUANO STARTUPS 5.56 22.22 55.56 16.67 Startup Age < 1 yr. 1 - 2 yrs. 3 - 5 yrs. more than 5 yrs. •61.11% Customer Creation Stage •77.78% Bootstrapped •100% Seed •83.33% < 4 founders •72.22% <= 10 employees •83.33% SMLEs •66.67% Subscription
  • 11. LOCAL STARTUP COMMUNITY SUPPORT 2.39 2.35 2.12 1.46 2.51 1.99 2.73 1.49 1.75 0.00 0.50 1.00 1.50 2.00 2.50 3.00 Leadership of the Entrepreneurs Advisors and Mentors Network Density Government TalentSupport Services Opportunities for Engagement Conglomerates Capital Visibility of Support: 1.00 – 1.74 Not Visible 1.75 – 2.49 Less Visible 2.50 – 3.24 Visible 3.25 – 4.00 Very Visible Composite Mean = 2.09 Less Visible
  • 12. ENTREPRENEURSHIP SUPPORT IN UNIVERSITIES Visibility of Support: 1.00 – 1.74 Not Visible 1.75 – 2.49 Less Visible 2.50 – 3.24 Visible 3.25 – 4.00 Very Visible 2.63 2.54 2.51 2.51 2.12 2.80 0.00 0.50 1.00 1.50 2.00 2.50 3.00 Strategy Resources Support Infrastructure Entrepreneurship Education Startup Support Evaluation Composite Mean = 2.52 Visible
  • 13. CEBU CITY STARTUP ECOSYSTEM 3.24 2.45 1.73 2.00 0 0.5 1 1.5 2 2.5 3 3.5 Founding Team Startup Capability Support System External Environment Vibrancy of Startup Ecosystem: 1.00 – 1.74 Not Vibrant 1.75 – 2.49 Less Vibrant 2.50 – 3.24 Vibrant 3.25 – 4.00 Very VibrantComposite Mean = 2.36 Less Vibrant
  • 14. AREAS FOR IMPROVEMENT ◦Internet Infrastructure ◦Research Laboratory & Innovation Centers ◦Grassroots Activities ◦Funding and Investments ◦Education ◦Policies
  • 15. CONCLUSION The Cebu City Startup Ecosystem is less vibrant.
  • 16. OUTPUT Cebu City Startup Ecosystem Canvas (http://bit.ly/ccstartupecosystem)
  • 17. Cebu City Startup Ecosystem Canvas Startup Life Cycle •Idea •Launch •Growth Startup Supporters •Evangelists •Government •Talent Success Stories
  • 18. RECOMMENDATIONS Cebu City Startup Ecosystem Canvas: public and regularly updated Future Researches: Examining the Connections within the Startup Ecosystem (Motoyama & Watkins, 2014) Measuring an Entrepreneurial Ecosystem based on: density, fluidity, connectivity and diversity (Stangler & Bell- Masterson, 2015)
  • 19. Thank you for listening. Sheryl B. Satorre iamsbsatorre@gmail.com Faculty, University of Cebu - Main