The Asian Development Bank (ADB) is dedicated to establishing a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to end extreme poverty. To that end, it supports initiatives in developing member countries that have an impact on economic growth and development. In order to support social and economic growth, it offers loans, grants, technical help, equity investments, and assistance to its members and partners.
The program presented here is a collaborative initiative between ITS and the Asian Development Bank (ADB) to encourage innovative startups. Startups are expected to have effective marketing tools, the ability to produce and distribute their products, and the necessary business and intellectual property licenses. Through this strategic partnership with ADB, we look to develop a culture of creativity and entrepreneurship within the ITS and beyond by using both financial and intellectual resources.