In 2020, there were 39 tech hubs in the Philippines, five tech hubs more than in 2018. The Philippine government had been actively developing the startup ecosystem through the Innovative Startup Act that provides tax breaks, special visas, and lower registration costs for startup companies and investors. While majority of start-ups are centered in Manila, opportunities to expand in smaller cities are possible.
Number of tech hubs in the Philippines in 2018 and 2020
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Other statistics that may interest you Startups in the Philippines
Overview
6
- Premium Statistic Number of unicorns in Asia-Pacific as of 2022, by country
- Premium Statistic Number of startups Philippines 2017-2021
- Premium Statistic Share of startups Philippines 2021, by funding stage
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- Basic Statistic Startup ecosystem rank Philippines 2019-2021
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Business environment
6
- Premium Statistic Time required to start a business in the Philippines 2006-2019
- Premium Statistic Ease of doing business (EODB) scores Philippines 2019, by topic
- Premium Statistic Number of tech hubs Philippines 2018-2020
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Investments
7
- Premium Statistic Funds raised by startups Philippines 2010-2023
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- Premium Statistic Value of deals received by start-ups Philippines 2021, by growth stage
- Premium Statistic Startups raising equity funding Philippines 2018-2021
- Premium Statistic Private funding deal number Philippines 2019-2022
- Premium Statistic Private funding value share Philippines 2021, by segment
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Venture capitals
4
- Premium Statistic Venture capital investment value Philippines 2017-2021
- Premium Statistic Number of venture capital deals Philippines 2017-2021
- Premium Statistic Number of startups with venture capital funds Philippines 2020-2021
- Premium Statistic Leading venture capital firms Philippines 2022, by number of investments
Leading startups
3
Unicorn: Mynt
3
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GSMA . (June 23, 2022). Number of tech hubs in the Philippines in 2018 and 2020 [Graph]. In Statista. Retrieved May 08, 2024, from https://www.statista.com/statistics/1344006/philippines-number-of-tech-hubs/
GSMA . "Number of tech hubs in the Philippines in 2018 and 2020." Chart. June 23, 2022. Statista. Accessed May 08, 2024. https://www.statista.com/statistics/1344006/philippines-number-of-tech-hubs/
GSMA . (2022). Number of tech hubs in the Philippines in 2018 and 2020. Statista. Statista Inc.. Accessed: May 08, 2024. https://www.statista.com/statistics/1344006/philippines-number-of-tech-hubs/
GSMA . "Number of Tech Hubs in The Philippines in 2018 and 2020." Statista, Statista Inc., 23 Jun 2022, https://www.statista.com/statistics/1344006/philippines-number-of-tech-hubs/
GSMA , Number of tech hubs in the Philippines in 2018 and 2020 Statista, https://www.statista.com/statistics/1344006/philippines-number-of-tech-hubs/ (last visited May 08, 2024)
Number of tech hubs in the Philippines in 2018 and 2020 [Graph], GSMA , June 23, 2022. [Online]. Available: https://www.statista.com/statistics/1344006/philippines-number-of-tech-hubs/