Payruler, the Filipino startup behind a comprehensive and customizable Human Resource Management System built for Philippine businesses, wins the Human Investment x Impact Grant for Entrepreneurship and Empowerment (HIIGENE) Program of Sanitary Care Products Asia (SCPA). As an end-to-end solution, Payruler automates, integrates, and streamlines HR processes covering the entire employee lifecycle from hiring to retiring and has been in service since 2015.
As a way of celebrating their 25th anniversary, SCPA decided to invest in local startups to champion decades of people-first philosophy. In collaboration with the Asian Institute of Management-Dado Banatao Incubator (AIM-DBI), SCPA launched the social accelerator program dubbed as the HIIGENE Program this 2021.
Eleven (11) qualified startups from the AIM-DBI pool went through a rigorous selection process led by SCPA executives, members of the academe, and the corporate industry. Each startup presented their innovations, purpose, and their plans through a pitch presentation until they were trimmed down into five (05) finalists -- such a challenging task for the selection committee headed by SCPA Chairman and Founder Renato Sio together with SCPA President and CEO Ven Sio.
Crafted according to the Sio Family’s initiative to support local entrepreneurs infused with human investment in its business genes, the HIIGENE Program blazed the trail as the very first collaboration between a local company and a business incubator. SCPA aspires to help build an industry of people-first enterprises, boost the economy, and improve the lives of many through innovation.
During the online awarding ceremony last 24 June 2021, participants were expecting only one to be named as the winner, but SCPA decided to add two more startups as grantees of the SCPA HIIGENE Program. At the end of the online program, Eskwelabs and Mayani joined Payruler as recipients of the grant.
Each of the startups will receive equity-free cash grants of up to PHP500,000 to help them expand and sustain their operations. They will also be participating in a six-session mentorship program under the HIIGENE curriculum with SCPA executives from July to September this year. The HIIGENE curriculum features enrichment topics based on real-life experiences such as establishing the business purpose, strategies, operations, finance, sales and marketing, and people management to inspire their organization’s practices. To top it all off, SCPA decided to provide mentorship to all startups who participated in the elimination round.
AIM-DBI will provide updates on the progress and achievements of the winners through their milestone monitoring program. Outputs will be presented at the culmination of SCPA’s silver anniversary celebration come October 2021.