HYGIENE products company Sanitary Care Products Asia (SCPA) announces the winners of its social accelerator program called the Human Investment x Impact Grant for Entrepreneurship and Empowerment or HIIGENE Program.
The program was launched together with the Asian Institute of Management-Dado Banatao Incubator (AIM-DBI).
Qualified startups that are part of the AIM-DBI pool went through a rigorous selection process led by SCPA executives, members of the academe, and the corporate industry.
About 11 startups presented their innovations, purpose, and their future plans through a pitch presentation before they were trimmed down into five finalists.
The committee admitted that choosing a winner was a daunting task, for the startups have all shown and proved that they are worthy of the grant.
So, instead of just one winner, three of the startups were declared winners. They were Payruler, a human resource management startup, Eskwelabs, an edu-tech startup for data skills education, and Mayani, an agri-technology platform.
The winners were presented by no less than SCPA Chairman and Founder Renato Sio, together with SCPA President and CEO Ven Sio, in a virtual awarding ceremony last week attended by members of the media and hosted by celebrity host Bianca Gonzalez-Intal.
Equity-free cash grants of up to P500,000 each await the three startups, a significant amount that will allow them to expand and sustain their companies.
Aside from the cash grant, the winners will have the opportunity to participate in a 6-session mentorship program with the SCPA executives themselves from July to September. The HIIGENE curriculum features enrichment topics based on real-life experiences such as establishing the business purpose, strategies, operations, finance, sales and marketing, and people management to inspire their organization’s practices.
Giving back on its 25th year, SCPA decided to invest in local startups to champion decades of people-first philosophy. For this endeavor, SCPA partnered with the AIM-DBI to come up with the HIIGENE Program.
The HIIGENE Program blazed the trail as the very first collaboration of a local company and a business incubator. It was crafted according to the Sio family’s initiative to support local entrepreneurs with human investment infused in its business gene. Through this, SCPA aspires to help build an industry of people-first enterprises, boost the economy, and improve the lives of many through innovation.
Updates on the progress and achievements of the three winners will be monitored by the AIM-DBI milestone monitoring program. These will be presented during the culminating activities of SCPA’s silver anniversary celebration, which will take place in October.