The US-Philippines Society (US-PHS), and the Science and Technology Advisory Council-Silicon Valley (STAC-SV) have signed up a pact to enable a new exchange programme to support technology-enabled entrepreneurship (technopreneurship) in the US and the Philippines.

The pact was inked recently at the Philippine Embassy in Washington DC.

US-PHS executive director Hank Hendrickson together with STAC-SV president Christina Laskowski signed the pact which will allow the two organisations to collaborate and support technopreneurship through STAC-SV’s immersion programmes, including its workshops, which will take place primarily in Silicon Valley. It also creates a platform for the promotion of entrepreneurial growth, business development, and leadership in the Philippines.

To serve as their first-step in a continuing process of high tech exchanges, US-PHS and STAC-SV will conduct their initial project set early next year, which involves the execution of a prototype Silicon Valley immersion programme designed for the winners of the Philippine Long Distance Telephone Company’s (PLDT) SMART SME Nation “BeTheBoss” 2015 competition.

The programme comes at the initiative of US-PHS co-chair Manuel V. Pangilinan and is designed to promote private sector-based Philippines-US cooperation in high tech education, business entrepreneurship, and opportunities for expanded bilateral trade.

The SMART SME Nation, in collaboration with Rappler, launched the first #BeTheBossAwards, using social media to undertake a crowd-sourced search to recognize next generation entrepreneurs at the frontiers of the information and communications technology revolution.

There were over 500 nominations from across the Philippines. Public voting came down to the 15 strong finalists selected in a rigorous panel process that identified three finalists in each of five categories, namely E-Commerce, Social Media, Customer Service, Social Responsibility, and Mobile Readiness.

Five entrepreneurs were awarded last October 28 as new Bosses on the #BeTheBossAwards night held at the Bonifacio Global City in the Philippines. Each of the five winners were recognised for pioneering efforts in innovative business application of information technology.

“For truly, in this world transformed, the only limits to the creativity of our people, especially the young, are their imaginations,” said Philippine Ambassador to the United States Jose Cuisia Jr.

The US-PHS is a non-profit, independent organisation that aims to broaden and expand interaction and understanding through basic research and applied research in the areas of security, trade, investments, tourism, the environment, history, education and culture between the United States and the Philippines.

STAC-SV is an organisation of professionals with expertise in important areas of science and technology, and which provides strategic advisory assistance to the Philippines and US, and promotes holistic entrepreneurship.