University of the Philippines Cebu (UP Cebu) together with UP Cebu Business Incubator for IT (UPCeBuinIT) hosted as the official venue of the 5th Startup Weekend in Cebu City last June 5-7, 2015.
The startup weekend is a global movement to empower young entrepreneur to realize their innovative ideas into becoming sustainable businesses. This 54-hour event attracts experts and practitioners in any field to mentor the participants and help them launch their business idea into reality.
Joining from over 200 participants are UP Cebu students and UP CeBunIT incubatees who are involve in different business cycle including idea creation which commence on day 1, development of their prototype networking and mentorship sessions on day 2 and on day 3 is the business presentation to the possible business partners and/or funders.
Winners are 3rd place, TeeVe, a tshirt vending machine. Teamed up with Shad Roi dela Cruz, Founder of Shiftre, Incubatee, UPCeBuinIT. 2nd place, SpendCheck, is a simple accounting mobile application for Micro Business owners who wants to track their cash and any accounting transactions on the go. And 1st place is ScholarField, a portal for scholarship grants which aims to make it for both parties, students and sponsors to find each other.
The Startup Weekend Cebu seeks to stimulate the development of entrepreneurial communities.