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MANAGEMENT ASSOCIATION OF THE PHILIPPINES AgriBusiness and Countryside Development Foundation Office: 22nd Floor Multinational Bancorporation Centre, 6805 Ayala Avenue, Makati City 1600 Tel: (02) 577 7678 or 817-1511 Fax: 811-1024 Cell No: 09177777172 Email: [email protected] Website: www.map-abcdf.com.ph 21 February 2017 7:30 to 9:00 AM Missionaries of the Child Jesus, Estrella St. cor. Amapola St., Guadalupe Viejo, Makati City 7th Weekly Forum of 2017 Technopreneurship that Inspires By Mr. Dado Banatao, Filipino Bill Gates Preliminaries 1. The Chairman called the meeting to order before 7:30am. He explained that we are starting earlier because there are more attendees who registered so we will have sufficienbnt time for the go around. 2. The Philippine and Finland flags and national anthems were honored. 3. He welcomed all to the 7th weekly forum for year 2017. This foundation advocates for technology transfer as a means of alleviating poverty through non violent means. 4. He also acknowledged the 10 Special Partner Institutions including their respective heads who co-sponsor our weekly forum. Go Around 1. Ed Rojas is from MFI, the CSR of MIB, an investment bank. Ed said there seems to be no major developments to discuss. The price of oil has stabilized. Employment has improved. The economy seems strong. A possible area to watch is new President Trump who is like an apprentice. Many of the things he said during the campaign are easier said than done. 2. Lourdes Angeles is Managing Director of a company into IT solutions. She works for a global company and is charged to take the lead in CSR. 3. Dr. Lina Garan is in Education from Cagayan State University and it is her first time to attend. 4. Art Pacho has retired from LA Police Department. He has a book on Philippine Tropical Wines which will be launched on 27 Feb at the Makati Shangri-La from 6-9pm. There will also be 3 wine tasting and 20 wines for display. 5. Stuart Bloom migrated to the Philippines in 1985. He had a toy company in China and the Philippines. 6. Ernie Ordonez is from Alyansa Agrikultura which is also concerned about water, a very precious resource and what can be the next big crisis. 7. Bryan Atienza is from MAPECON Philippines Inc. It is his 1st time to attend and their company promotes organic agricultural products. He is also with the Philippine Inventors Society. 8. Dr. Arthur Ibanez is from Cagayan State University who does community service. He also mentioned that they have made a fish bagoong powder product. 9. Audy Quebral is also from Cagayan State University. The 3 of them took a long travel to be here; they arrived this 4am. 10. Oscar Barrera is from MFI and PhilExport Advocacy Committee. An area of focus is financing for SMEs which constitutes 95% of the economy and majority of whom do not have real estate as collateral. 11. Myra Gavino shared that she was one of the earlier ones trained by our resource, Dado Banatao who is a very good mentor/coach but she is jurassic. In the present Duterte administration she is wearing many hats: Consultant for BOI, DTI for PCA, the coconut industry, SME program, etc. 12. Tessie Ruutu is Philippine Honorary Consul to Helsinki, Finland. 13. Ilka Ruso is a Graduate School student of Ateneo and is engaged in Mindanao Research. 14. Tingting Cojuangco is a Doctor of History, Graduate of Criminology. She does work with the National Defense and Colegio de San Agustin Board. 15. Bernardine Siy says she invests in start ups and is a Trustee of Ateneo de Manila University. 16. Jeff Saez is with Nuworks Interactive which is a digital marketing company that helps transform business. 17. Jonjie Madara handles Business Development mainly on renewable energy with MPIC. 18. Vernon Belgira comes from Hopeline and he was just invited to attend. 19. Ley Karen Lacar is from BPI Family Bank which is into Ka Negosyo. 20. Jasmaine Malayang is also with BPI Family Savings Bank. 21. Miguel Encarnacion is from Novel Capital looking at venture capital for investment. 22. David King is from GEA Timber Ventures working on upland communities through fair trade and proper use of discretionary funds. 23. Maureen Ledesma said it is her 2nd or 3rd time to attend. She is working with banks for receivables financing to SMEs and trade credit insurance. 24. Vijay Dargani provides software to BSP and banks. He is also into baby food manufacturing, all locally provided such as kalabasa, malunggay, etc. 25. George Aseniero is President of a company in Zamboanga that does the corn supply chain which sells its produce to Batangas feed mills. A study was done before that said corn from Mindanao should be competitive with Batangas feed mills. 26. Pons Batugal is President of Farmers Development Learning Institute which basically caters to the poor. He also does extension program work with Cagayan, (Isabela) State University. 27. Angie Batugal is Research Director of The Farmers Development Learning Institute. 28. Ging Moreno is here to listen, she works for Marsman Drysdale which is mainly in banana plantation. 29. Ito Carlos is from RI Chem and is always interested in what dado Banatao has to say. 30. Oscar Santillan is from Hottlabs Solutions. 31. Marivic Anonuevo used to be with Millenium Challenge Account in the Philippines that is working to alleviate poverty but with its termination under Pres. Duterte she is now a Consultant. 32. Oscar Gendrano is with GEA Timber which is doing some work to help start ups. 33. Melito Salazar Jr. invited Rotarians to see the Feb. issue of the Rotary Magazine with FVR as cover to go back to the nice spirit of EDSA People Power. He also mentioned that he was a previous Director of the UP Institute for Small Scale Industry which had the first incubation center. With the foundation’s Chair requesting him to assist him run MAP ABCDF, he is now President. 34. Deanne Hernandez volunteered to be MAP ABCDF spokesperson. She was a banker for 26 years and was involved in customer care with Globe Telecoms, started the BPO and call centers, etc. 35. Sr. Paz of the Missionaries of the Child Jesus also sat in. 2 36. Others in attendance: JB Badon of Zoomanity/Paradizoo Theme Park, Anita Atanacio of Terra Verde Ecofarm, John Forbes of Amcham/Arangkada, Ernie Villaluna who retired from Philex Mining, Roland Young who is RUY Corporation, Marjorie Lopinjo who was invited by Deanne Hernandez, Petri Ruutu of Finland, Arthur Yap of the 17th Philippine Congress who is Chair of the Economic Affairs Committee, May Gamir of Zoomanity- Yupangco Group, and Jose Ingles and Caroline Solis who give samples of Re-leaf stress reliever and brain booster. Introduction of the Guest Speaker Deanne Hernandez introduced our speaker: Dado Banatao: Dado is known as the Filipino Bill Gates. Both have a technical background, introduced technology that transformed the industry, built large successful companies from ground up and are in the legacy mode. Dado made the computer lighter, faster, less expensive, more fun and easier to use. He pioneered the PC chipset and graphics acceleration architecture which is the foundation technology in every PC today. He is a venture capitalist himself who has supported 22 start ups and investments. He is with 3 non profits and leads a public company. Dado brought GPS to the consumers. He is known as the innovator of computer chips that made GUI (think point click) possible. Dado created the PCI Bus, plug and play with computer. Furthermore, Dado made internet possible with the PC chip set. With the fabless semiconductor, small players were able to enter the market without huge investments. Dado is also known as the father of semi-conductor. Every computer and laptop in existence carries technology and ideas developed by him. He received the Master Entrepreneur Award by Ernst & Young, Inc. Magazine and Merrill Lynch Business Financial Services. Dado is Founder and chairman of PhilDev which supports Science and Technology through Education. Deanne said this is close to her heart as her father was Secretary of Education during President Macapagal’s term and who perished with him on the plane crash. Below please find the significant points made by Dado during his talk and the discussion that followed: 1. He was originally hesitant to accept to speak about Agriculture. Agriculture has a special place in his heart because his father was a farmer who sacrificed a lot to send him and his siblings to school. And they all finished college. Being a farmer was difficult as the weather changes and can affect what they plant. But he salutes those in Agriculture who make food available for everyone. 2. After graduating from MAPUA not having found a design job, he joined PAL to do flying which was not work to him as it was fun. He was hired by US Boeing to design the 747. While working there, he studied at Stanford Graduate School. 3. The now Silicon Valley was previously called the Bay Area. You can say he (Dado) started his career there. And has continued doing work there for some 15 years already. He has formed companies, investing in creativity. 4. Innovation, Technology and Entrepreneurship are what make VC (Venture Capital) meaningful. All stakeholders including the universities, must take part. It starts with thinking of a need which becomes the foundation for economic development. The idea has to be new and necessary to bring about change. The environment is complex, competitive and open. 5.