In response to the continuing need for new voices in the business community and new ways of thinking, DTI, in coordination with NDC, developed the Startup Venture Fund (SVF). Established in 2021 with the passage of the Innovative Startup Act in 2019 and its subsequent implementing rules and regulations, SVF bankrolls promising startups to help ensure their success. 

Said agencies shall also be responsible in facilitating the said fund, ensuring its effective management and utilization. The program aims to provide equity funding and other necessary assistance for innovative startup businesses in the Seed to Series B stages, by either co-investing with accredited venture capital (VC) partners or through investment in VC Funds.

The idea is to invigorate the nation's startup ecosystem so that equity financing can reach the sector-specific startups that need them the most, and become models of creativity and innovation for others to follow.