Tag: Jean Henri Lhuillier

I Love Israel: Israel’s OurCrowd and Philippine investment firm establish partnership

I Love Israel: Israel’s OurCrowd and Philippine investment firm establish partnership

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If you are looking for breakthroughs within Israel-Philippine ties related to business or economics, be delighted over the news that an Israeli firm partnered with a local firm that will create opportunities for growth with regards to investing, according to a Manila Standard news report.

To put things in perspective, posted below is an excerpt from the Manila Standard report. Some parts in boldface…

OurCrowd, Israel’s most active venture platform, and Einhorn Resources Inc, a Philippine investment firm, today announced a partnership that will provide Einhorn clients direct access to OurCrowd’s exclusive investments and mentorships to facilitate growth of Philippine startups.

The partnership was signed in Tel Aviv, Israel, between Dan Bennett, OurCrowd’s General Partner & Managing Director of Australia and Asia, and Jean Henri Lhuillier, Einhorn Resources Inc. CEO.

“This new partnership is an exciting opportunity to extend our pipeline into the vibrant investment community in the Philippines and to help nurture its startup ecosystem,” said Dan Bennett. “Einhorn Resources’ deep knowledge of the Philippine investment landscape will be instrumental to bringing our top-tier technology talent to that part of the world.

“Not only are we raising money for these opportunities both in Israel, the US and beyond, but this is an important opportunity for corporates and family offices to invest from the Philippines and to attract technology that will benefit their core business.” 

This collaboration, the first of its kind in the Philippines, provides Einhorn clients direct access to one of the world’s leading online venture platforms. OurWorld currently has $1.9 billion in commitments and has deployed capital to more than 347 portfolio companies and 39 funds in five continents. It also has 200,000 registered members from 195 countries which it allows to participate in vetted and early-stage firms and funds.

Currently, plans are being made to set up a regional incubator that will give growth opportunities to Philippine startups looking for Israeli tech expertise.

“We are excited to work with OurCrowd to pave the way for stronger ties for investment opportunities, traditional companies and tech solution collaborations,” said Jean Henri Lhuillier. “The partnership aims to open the funnel to a Philippine network of investors who can choose relevant companies to invest in as well as customize an online portfolio.”

Indeed, the OurCrowd-Einhorn partnership is a very welcome development and its impact will be felt in the years to come. Both the Philippines and Israel endured hardships related to the COVID-19 crisis over the past few years but there are efforts to not only recover economically and socially, but also emerge stronger from the pandemic. The economy of the Philippines is growing but more opportunities related to investing are needed and this is where the OurCrowd-Einhorn partnership comes in. To the local entrepreneurs reading this, please pay close attention to the above excerpt and start considering looking to Israel for opportunities and innovations in business. This partnership is truly a blessing from the Lord for both Israel and the Philippines! 

If you truly believe in Lord Jesus, the Holy Spirit and God the Heavenly Father wholeheartedly and you continue to be faithful (not religious), you should be aware that Christians are meant to stand united with Israel, love the Jewish people and pray for the peace of Jerusalem. You can do your part supporting Israel by donating to Christians United for Israel (CUFI). Do not forget to read the Holy Bible, then pray in tongues to the Lord in the privacy of your room with the door shut.

Always be the fearless and aggressive church of Lord Jesus! Always stand in support of Israel and pray for President Marcos and all the other government officials who recently took office. Pray also for Israel constantly.

In ending this I Love Israel piece, posted below are Israel-related videos for your viewing pleasure and enlightenment.

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Ayuda sa Atleta campaign launched

Ayuda sa Atleta campaign launched

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A special campaign to help raise funds and donations in-kind for national athletes, both regular and the differently abled ones, and dubbed AYUDA SA ATLETA, was launched recently as an initiative of the private sector to help them in these difficult times of the pandemic.

Triathlon President and former Philippine Olympic Committee (POC) chairman Tom Carrasco and veteran sports journalist and management consultant Lito Cinco, who wrote about the need for a community pantry of assistance to national athletes in his column The Bottom Line last April 21, co-lead the group. Joining them are sepak takraw President and POC official Karen Tanchanco Caballero, sports science figure and former national archer Nino Sinco, and sportsman/sports patron Alex Wang of Wang’s Ballclub.

The group is tasked to plan and manage the program, from raising funds all the way to distribution of the assistance to the recipients, initially with the differently-abled athletes who are more in need, “We know we cannot cover the total 1,500 number of national athletes and coaches, that is why decided to start off with the differently-abled ones and are in touch with PHILSPADA to get the complete roster,“ said Carrasco.

“We have categorized the assistance in the form of vitamins, sports drinks, energy bars, and personal hygiene items for those who would like to give in kind. Fortunately, Cebuana Lhuillier President/CEO Jean Henri Lhuillier, himself a sports man and long-time supporter of Philippine sports has jumpstarted the program with a P250,000 donation. We hope other sports-loving companies and individuals will follow his lead, our national athletes who have brought us honor certainly deserve to be helped during this pandemic,“ added Carrasco, whose company, Asian Centre for Insulation Philippines also donated P25,000 to the cause.

On his part, Cinco who has been long involved in projects for the needy, including current community pantries in Mandaluyong, said, “I was inspired by what I have seen about this community program that has grown all over and I thought, why not initiate one for athletes, and wrote about it . The following day after my column came out, I got a call from Cebuana Lhuillier pledging assistance. I was not really surprised about the help extended as I have known Jean Henri as sports patron for a long time.”

Solicitation letters will be sent to various companies and individuals for cash and in-kind donations, with the group promising transparency for all funds received and expenses made.

“Our target is to start the distribution to athletes by June to give us time to raise more donations so we can cover more athletes,“ concluded Carrasco.

For interested parties, contact persons for the program are Carrasco, 0917 8992999, Cinco, 0920 9241981 and lito_cinco@yahoo.com, Wang, 0943 0119811, and Tanchanco, dsgkarencaballero@olympic.ph

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Note: Some parts of the above press release were edited for this website.

Thank you for reading. If you find this article engaging, please click the like button below and also please consider sharing this article to others. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me as well. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me at HavenorFantasy@twitter.com