The Spark Project is a crowdfunding platform for local businesses. Since 2013, it has raised over P4 million for 35 start-ups. Some of them might be familiar to you – Gouache bags, First Harvest spreads, and Risque shoes all received funding from Spark.
Start-ups play an important role in inclusive economic growth. “The more entrepreneurs that start up, the more employees or possible employment that could be generated from these start-ups,” Patch says.
By bridging the gap between idea and capital, Patch is helping a new generation of entrepreneurs to develop ventures that go beyond profit.
“In the past 4 years that we have been operating as a crowd-funding website, we have discovered a lot of really cool enterprises that are not just doing and making good things but also creating impact [on] society,” he says.
Patch’s next plan for The Spark Project is to go beyond Metro Manila businesses. He also hopes to bring the platform to the ASEAN region soon.
“Millennials have a lot of energy and great ideas in them,” he says. “My advice to them is really, don’t be afraid to start.”
After all, it only takes a spark to get things going. – Rappler.com