SlideShare ist ein Scribd-Unternehmen logo
1 von 13
IdeaSpace Philippines
Multi-industry start-up incubator to help solve
the biggest issues in the emerging markets

Earl Valencia (@earlvalencia)
- President, IdeaSpace Foundation
- Head, Corporate Innovation, SMART
Ideaspacefoundation.org; @ideaspaceph; www.facebook.com/ideaspaceph
IdeaSpace by the Numbers

150k

16

5

6

Students and
professionals
who have
listened to an
IdeaSpace
technopreneur
talk

Investments
made across
multiple
industries

Number of
patents that have
been filed or will
file within 2013

Number of
incubatees with
companies that
have launched,
One of which will
has $100k in
revenue
Who have we invested in?
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.

ARMTech – Water Purification Machine using nanotech
Arthrologic – Joints for the Asian Market
PortfolioMNL – Linkedin for Creative Professionals
WeGen – New more efficient windmill design
TimeFree – SMS based queing system
PinoyTravel – provincial bus reservation system
theKard – Promos on the go using analytics
DateCola – natural-enriched beverage out of dates
PGRS – Power Generating Rumble Strips
Tech4Health – monitoring chronic patients via SMS and Apps
Gen8.ph – Technologies to help people with disabilities
Tudlo – Disaster Preparedness Application
PageSnapp – Page to App in Snap
SMS.AWT – Home Energy Efficiency Monitoring System
OrangeApps – mobile-based education
iRace.ph – Racing applications

Pilot in the Philippines. Scale to the World. Local Needs. Global markets.
2013 Highlights
•
•
•
•
•
•
•
•
•

Revenue Stage (2), Launch Stage (3), Pre-Launch/Prototype (5)
TimeFree will close the year with more than $100k in bookings and got
a contract to deploy with a financial services company in HK
PinoyTravel now has 3 routes they are servicing (Baler, Baguio and
Tugegarao) with ticket sales
Two start-ups have launch thousands of users (mobKard, PortfolioMNL)
Healthcare start-ups be able to do operations to actual patients
3 patents with 2 invention patents filed in IPO with 3 on the pipeline
Regional Competition finalists (APEC-Intel, IBM Smart Camp, ITU-UN,
e27 satellite)
Incubator: IP Champion Award from the Intellectual Property Office of
the Philippines, 2 Philippine Quill Awards and 1 Anvil Award
Landmark events: Demo Days, Geeks on a Beach, AngelHack, SW
Manila, and the 20+ bootcamps and 40+ talks all over the Philippines

4
Continuously building the advocacy
Intra-national
• Manila
• Santa Rosa
• Laoag
• Puerto
Princesa
• Davao
• CDO
• GenSan
• Naga
• Tacloban
• Bacolod
• Cebu
• Ilo-Ilo
• Baguio
• Pampanga

Inter-national
•

Indonesia

(APEC)
•

Singapore
(GAN)

•

Silicon Valley-SF

•

Kuala Lumpur

(IBM)
IdeaSpace as a full model accelerator/incubator
Next page

Idea Flow

R&D

Idea to
Product

Market and
Acquire
initial
customers

Scale and
Generate
revenues

Expansion

Approach
Find Ideas

•

Find greatest ideas from the Philippines and SEA to support

Provide Capital

•

Initial support of P1M: P500K investment over 6 months ($12k) plus
a P500K grant ($12k)
After Incubation: Up to P5M of additional investment on a
convertible note ($120k) to few start-ups

•
Provide Expertise

Provide Facility

•
•
•

Provide legal support on incorporation, IP
Provide financial planning capability support
Provide technical support and mentoring from the executives of
First Pacific Group

•
•

Provide office space in Makati
Provide housing for non-Metro Manila incubatees
7
What’s different in this year’s program
Idea Flow

R&D

Idea to
Product

6 weeks incubation for
the top 20

•
•
•
•

Each team gets a grant of P50K
6 weeks (late March to early May)
Each week has a deliverable
By the 5th week, draft AOI, Bylaws, SHA are done, and Invention
Disclosure are done
• 3-day bootcamp

Market and
Acquire
initial
customers

Scale and
Generate
revenues

Expansion

4.5 month acceleration for the top 10

• Each team gets seed capital of P500K
• Each team gets a grant of P500K that
covers the expenses
• Focus is on the 5 Cs of IdeaSpace:
Customer, Contracts, Contacts,
Conversion and Country
Inviting the ASEAN Countries to the Philippines
Location

Increase
Diversity
of
Experience
s and
Network

1.
2.
3.

1.
Global
Standard
All-English
Program

First
Pacific
Group
footprint in
SEA

2.
3.

1.

2.

Diversity Breeds Innovation: Bring the world to
the Philippines
Grow the Network within the region as
preparation for ASEAN 2015
Multi-cultural class for market expansion
opportunities and cross-culture learning
Use Philippines and a pilot ground for the rest of
the world with a base of 100M people
English speaking country that could help
innovations scale across Southeast Asia
MBA-level courses and mentors that are top
notch in the region and the world (EIR Program)
First Pacific Group has presence in the
Philippines, HK, Vietnam, Singapore,
Myanmar and Indonesia
Infrastructure, energy, telecom, technology are
all needed in emerging SEA and would be
able to tap into regional network of resources
Source: Development of Labor and employment, UNCTAD

9
Buzzing filipino startup ecosystem
Idea Flow

Players

R&D

•
•
•
•
•
•
•

Valuation

Investment
Size

Idea to
Product

DOST
Develop Net
PhilDev
ITSO
Techtalks.ph
Google
Developers
Group
Startup
Weekend

•
•
•

IdeaSpace
LaunchGara
ge
Hack2Hatch

Market and
Acquire
initial
customers

•
•
•
•
•

Started after
late 2011

Scale and
Generate
revenues

KickStart Ventures
Hatchd
Wireless Wings
Oxygen Capital
ON3/PlugandPlay

Expansion

•
•
•
•
•

< $100K

< $500K

< $2-5M

$10 50K

~ $100K

ICCP
Narra
Venture
Capital
Brummer and
Partners
Bonifacio
Capital
Nova
Founders

> $5M

~ $500k

10
IdeaSpace backed up by First Pacific Group
Corporate Network Across SE Asia
Background
IdeaSpace is tied to First
Pacific Group, one of the
biggest conglomerates in
Asia
• >$10Bn annual
revenue in aggregation
• $5B Market Cap
standalone
• Listed in NYSE
First Pacific committed
$12.5M to IdeaSpace
over 5 years with
strong human resource
support

IT and Telecom

Infrastructure

Agriculture

11
Thank you to third party/government support
Partners

Support
Academic ITSO to assist patent search, patent filing
BizSpark: License forMS Software products during incubation
Free licenses for all IBM software and paired up with a mentor ISV
$2500 amazon credits with mentoring and training from Amazon
Specialists from Singapore
Mentoring and assistance on Hardware based prototypes
Internship for MBA students, lectures and case study writing
DOST TRC, TAPI and ICTO Office – to support start-up ecosystems
Stanford GSB Global Group – MBA intern funding from Stanford
National Instruments – Enrollment in Planet NI Program

Freelancer– P10K in Freelancer Credits
Cloud-based ERP Software for IdeaSpace and start-ups

12
Apply to 2014 Cohort
Calling all Technopreneurs! Please Tell Your
Friends!
• Deadline to apply in mid-January 2014
• Application is now available at:
– Apply.Ideaspacefoundation.org
– Facebook.com/ideaspaceph

Weitere ähnliche Inhalte

Was ist angesagt?

IDCEE 2013: Global Innovation Economy: Golden Age of Entrepreneurship - Kamra...
IDCEE 2013: Global Innovation Economy: Golden Age of Entrepreneurship - Kamra...IDCEE 2013: Global Innovation Economy: Golden Age of Entrepreneurship - Kamra...
IDCEE 2013: Global Innovation Economy: Golden Age of Entrepreneurship - Kamra...IDCEE
 
Hong Kong Startup Ecosystem ToolBox v.1
Hong Kong Startup Ecosystem ToolBox v.1Hong Kong Startup Ecosystem ToolBox v.1
Hong Kong Startup Ecosystem ToolBox v.1WHub
 
Innovation is everywhere - Nigeria startup ecosystem (2014)
Innovation is everywhere - Nigeria startup ecosystem (2014)Innovation is everywhere - Nigeria startup ecosystem (2014)
Innovation is everywhere - Nigeria startup ecosystem (2014)Innovation is Everywhere
 
Philippines Startup Report - 2013
Philippines Startup Report - 2013Philippines Startup Report - 2013
Philippines Startup Report - 2013Ron Hose
 
SparkLabs Global @ APEC STARTUPS CONFERENCE III
SparkLabs Global @ APEC STARTUPS CONFERENCE IIISparkLabs Global @ APEC STARTUPS CONFERENCE III
SparkLabs Global @ APEC STARTUPS CONFERENCE IIIBernard Moon
 
Quick overview of startup trends in japan
Quick overview of startup trends in japanQuick overview of startup trends in japan
Quick overview of startup trends in japanYusuke Asakura
 
Hungarian Startup Ecosystem 2013
Hungarian Startup Ecosystem 2013Hungarian Startup Ecosystem 2013
Hungarian Startup Ecosystem 2013Startups .hu
 
Mike vietnam startup ecosystem
Mike   vietnam startup ecosystemMike   vietnam startup ecosystem
Mike vietnam startup ecosystemWillis Wee
 
The Female Founders Singapore Startup Ecosystem Overview.
The Female Founders Singapore Startup Ecosystem Overview. The Female Founders Singapore Startup Ecosystem Overview.
The Female Founders Singapore Startup Ecosystem Overview. Female Founders
 
Peering into Thailand's Startup Ecosystem by Ardent Partner Tee Suraphongchai
Peering into Thailand's Startup Ecosystem by Ardent Partner Tee SuraphongchaiPeering into Thailand's Startup Ecosystem by Ardent Partner Tee Suraphongchai
Peering into Thailand's Startup Ecosystem by Ardent Partner Tee SuraphongchaiArdent Capital
 
IdeaSpace Community Development
IdeaSpace Community DevelopmentIdeaSpace Community Development
IdeaSpace Community DevelopmentGoldy Yancha
 
Tech in indonesia 2014 presented at startup asia 2014 jakarta
Tech in indonesia 2014   presented at startup asia 2014 jakartaTech in indonesia 2014   presented at startup asia 2014 jakarta
Tech in indonesia 2014 presented at startup asia 2014 jakartaAndy Zain
 
Startups in Asia 2014
Startups in Asia 2014 Startups in Asia 2014
Startups in Asia 2014 Casey Lau
 
The Barcelona Tech Startup Guide
The Barcelona Tech Startup GuideThe Barcelona Tech Startup Guide
The Barcelona Tech Startup GuideStartup Tour
 
Innovation Hot Zones in Asia Pacific
Innovation Hot Zones in Asia PacificInnovation Hot Zones in Asia Pacific
Innovation Hot Zones in Asia PacificEric Tachibana
 
Intro to the London Startup Comm 01.2015
Intro to the London Startup Comm 01.2015Intro to the London Startup Comm 01.2015
Intro to the London Startup Comm 01.2015Liz Elfman
 
Startups in India
Startups in IndiaStartups in India
Startups in IndiaPankaj Jain
 

Was ist angesagt? (20)

IDCEE 2013: Global Innovation Economy: Golden Age of Entrepreneurship - Kamra...
IDCEE 2013: Global Innovation Economy: Golden Age of Entrepreneurship - Kamra...IDCEE 2013: Global Innovation Economy: Golden Age of Entrepreneurship - Kamra...
IDCEE 2013: Global Innovation Economy: Golden Age of Entrepreneurship - Kamra...
 
The Irish Tech Startup Guide
The Irish Tech Startup GuideThe Irish Tech Startup Guide
The Irish Tech Startup Guide
 
Hong Kong Startup Ecosystem ToolBox v.1
Hong Kong Startup Ecosystem ToolBox v.1Hong Kong Startup Ecosystem ToolBox v.1
Hong Kong Startup Ecosystem ToolBox v.1
 
Innovation is everywhere - Nigeria startup ecosystem (2014)
Innovation is everywhere - Nigeria startup ecosystem (2014)Innovation is everywhere - Nigeria startup ecosystem (2014)
Innovation is everywhere - Nigeria startup ecosystem (2014)
 
Philippines Startup Report - 2013
Philippines Startup Report - 2013Philippines Startup Report - 2013
Philippines Startup Report - 2013
 
SparkLabs Global @ APEC STARTUPS CONFERENCE III
SparkLabs Global @ APEC STARTUPS CONFERENCE IIISparkLabs Global @ APEC STARTUPS CONFERENCE III
SparkLabs Global @ APEC STARTUPS CONFERENCE III
 
India Startup Report
India Startup ReportIndia Startup Report
India Startup Report
 
Quick overview of startup trends in japan
Quick overview of startup trends in japanQuick overview of startup trends in japan
Quick overview of startup trends in japan
 
Hungarian Startup Ecosystem 2013
Hungarian Startup Ecosystem 2013Hungarian Startup Ecosystem 2013
Hungarian Startup Ecosystem 2013
 
Mike vietnam startup ecosystem
Mike   vietnam startup ecosystemMike   vietnam startup ecosystem
Mike vietnam startup ecosystem
 
Startup India
Startup IndiaStartup India
Startup India
 
The Female Founders Singapore Startup Ecosystem Overview.
The Female Founders Singapore Startup Ecosystem Overview. The Female Founders Singapore Startup Ecosystem Overview.
The Female Founders Singapore Startup Ecosystem Overview.
 
Peering into Thailand's Startup Ecosystem by Ardent Partner Tee Suraphongchai
Peering into Thailand's Startup Ecosystem by Ardent Partner Tee SuraphongchaiPeering into Thailand's Startup Ecosystem by Ardent Partner Tee Suraphongchai
Peering into Thailand's Startup Ecosystem by Ardent Partner Tee Suraphongchai
 
IdeaSpace Community Development
IdeaSpace Community DevelopmentIdeaSpace Community Development
IdeaSpace Community Development
 
Tech in indonesia 2014 presented at startup asia 2014 jakarta
Tech in indonesia 2014   presented at startup asia 2014 jakartaTech in indonesia 2014   presented at startup asia 2014 jakarta
Tech in indonesia 2014 presented at startup asia 2014 jakarta
 
Startups in Asia 2014
Startups in Asia 2014 Startups in Asia 2014
Startups in Asia 2014
 
The Barcelona Tech Startup Guide
The Barcelona Tech Startup GuideThe Barcelona Tech Startup Guide
The Barcelona Tech Startup Guide
 
Innovation Hot Zones in Asia Pacific
Innovation Hot Zones in Asia PacificInnovation Hot Zones in Asia Pacific
Innovation Hot Zones in Asia Pacific
 
Intro to the London Startup Comm 01.2015
Intro to the London Startup Comm 01.2015Intro to the London Startup Comm 01.2015
Intro to the London Startup Comm 01.2015
 
Startups in India
Startups in IndiaStartups in India
Startups in India
 

Ähnlich wie IdeaSpace 2013 and Southeast Asian Expansion for cohort 2

IdeaSpace: Supporting Startups that Transform Lives in the Emerging Markets t...
IdeaSpace: Supporting Startups that Transform Lives in the Emerging Markets t...IdeaSpace: Supporting Startups that Transform Lives in the Emerging Markets t...
IdeaSpace: Supporting Startups that Transform Lives in the Emerging Markets t...Dustin RJ Masancay
 
IdeaSpace: Supporting Startups
IdeaSpace: Supporting StartupsIdeaSpace: Supporting Startups
IdeaSpace: Supporting StartupsDustin RJ Masancay
 
Team Finland US presents: Accelerators in the US
Team Finland US presents: Accelerators in the USTeam Finland US presents: Accelerators in the US
Team Finland US presents: Accelerators in the USTekes
 
Elif Ceylan - ITU ARI Teknokent & Innogate - University Accelerators in Turke...
Elif Ceylan - ITU ARI Teknokent & Innogate - University Accelerators in Turke...Elif Ceylan - ITU ARI Teknokent & Innogate - University Accelerators in Turke...
Elif Ceylan - ITU ARI Teknokent & Innogate - University Accelerators in Turke...Burton Lee
 
Campus dev con at apc - Dustin Masangcay - Creating the Next PH growth story
Campus dev con at apc - Dustin Masangcay - Creating the Next PH growth storyCampus dev con at apc - Dustin Masangcay - Creating the Next PH growth story
Campus dev con at apc - Dustin Masangcay - Creating the Next PH growth storyDEVCON
 
Understanding the Botswana startup ecosystem
Understanding the Botswana startup ecosystem Understanding the Botswana startup ecosystem
Understanding the Botswana startup ecosystem Connect Africa Global
 
TCI 2015 Innovation Clusters – a National Strategy to Build Technology Capabi...
TCI 2015 Innovation Clusters – a National Strategy to Build Technology Capabi...TCI 2015 Innovation Clusters – a National Strategy to Build Technology Capabi...
TCI 2015 Innovation Clusters – a National Strategy to Build Technology Capabi...TCI Network
 
2018: What did I learn about Innovation and Entrepreneurship in Israel
2018: What did I learn about Innovation and Entrepreneurship in Israel2018: What did I learn about Innovation and Entrepreneurship in Israel
2018: What did I learn about Innovation and Entrepreneurship in IsraelLeandro de Castro
 
Ideabox Batch 2
Ideabox Batch 2Ideabox Batch 2
Ideabox Batch 2IdeaboxID
 
Raising Funds For Great Ideas
Raising Funds For Great IdeasRaising Funds For Great Ideas
Raising Funds For Great IdeasInfoPier
 
Will cardwell skolkovo presentation - 2012
Will cardwell   skolkovo presentation - 2012Will cardwell   skolkovo presentation - 2012
Will cardwell skolkovo presentation - 2012Will Cardwell
 
New trends in incubation
New trends in incubationNew trends in incubation
New trends in incubationPham Tuan
 
Equity Crowdfunding
Equity CrowdfundingEquity Crowdfunding
Equity CrowdfundingCrowdonomic
 
Introduction to Angel Funding - Startupvillage
Introduction to Angel Funding - StartupvillageIntroduction to Angel Funding - Startupvillage
Introduction to Angel Funding - StartupvillageStartup Village
 
2016 CaribbeanStartups.com Summer Digital Accelerator
2016 CaribbeanStartups.com Summer Digital Accelerator 2016 CaribbeanStartups.com Summer Digital Accelerator
2016 CaribbeanStartups.com Summer Digital Accelerator Christine Souffrant Ntim
 
Wennopitch 2013
Wennopitch 2013Wennopitch 2013
Wennopitch 2013busanga
 
ESCP Europe Club Executive Event
ESCP Europe Club Executive EventESCP Europe Club Executive Event
ESCP Europe Club Executive EventESCP Europe
 
Evo nexus tour_marco_nov.15.2018-final
Evo nexus tour_marco_nov.15.2018-finalEvo nexus tour_marco_nov.15.2018-final
Evo nexus tour_marco_nov.15.2018-finalMarco Thompson
 
iStart feature: How to hatch your bjusiness idea: A guide to A/NZ incubators ...
iStart feature: How to hatch your bjusiness idea: A guide to A/NZ incubators ...iStart feature: How to hatch your bjusiness idea: A guide to A/NZ incubators ...
iStart feature: How to hatch your bjusiness idea: A guide to A/NZ incubators ...Hayden McCall
 
Creative venturing creative funding v2 12 06-2013 for distribution
Creative venturing creative funding v2 12 06-2013 for distributionCreative venturing creative funding v2 12 06-2013 for distribution
Creative venturing creative funding v2 12 06-2013 for distributionFas (Feisal) Mosleh
 

Ähnlich wie IdeaSpace 2013 and Southeast Asian Expansion for cohort 2 (20)

IdeaSpace: Supporting Startups that Transform Lives in the Emerging Markets t...
IdeaSpace: Supporting Startups that Transform Lives in the Emerging Markets t...IdeaSpace: Supporting Startups that Transform Lives in the Emerging Markets t...
IdeaSpace: Supporting Startups that Transform Lives in the Emerging Markets t...
 
IdeaSpace: Supporting Startups
IdeaSpace: Supporting StartupsIdeaSpace: Supporting Startups
IdeaSpace: Supporting Startups
 
Team Finland US presents: Accelerators in the US
Team Finland US presents: Accelerators in the USTeam Finland US presents: Accelerators in the US
Team Finland US presents: Accelerators in the US
 
Elif Ceylan - ITU ARI Teknokent & Innogate - University Accelerators in Turke...
Elif Ceylan - ITU ARI Teknokent & Innogate - University Accelerators in Turke...Elif Ceylan - ITU ARI Teknokent & Innogate - University Accelerators in Turke...
Elif Ceylan - ITU ARI Teknokent & Innogate - University Accelerators in Turke...
 
Campus dev con at apc - Dustin Masangcay - Creating the Next PH growth story
Campus dev con at apc - Dustin Masangcay - Creating the Next PH growth storyCampus dev con at apc - Dustin Masangcay - Creating the Next PH growth story
Campus dev con at apc - Dustin Masangcay - Creating the Next PH growth story
 
Understanding the Botswana startup ecosystem
Understanding the Botswana startup ecosystem Understanding the Botswana startup ecosystem
Understanding the Botswana startup ecosystem
 
TCI 2015 Innovation Clusters – a National Strategy to Build Technology Capabi...
TCI 2015 Innovation Clusters – a National Strategy to Build Technology Capabi...TCI 2015 Innovation Clusters – a National Strategy to Build Technology Capabi...
TCI 2015 Innovation Clusters – a National Strategy to Build Technology Capabi...
 
2018: What did I learn about Innovation and Entrepreneurship in Israel
2018: What did I learn about Innovation and Entrepreneurship in Israel2018: What did I learn about Innovation and Entrepreneurship in Israel
2018: What did I learn about Innovation and Entrepreneurship in Israel
 
Ideabox Batch 2
Ideabox Batch 2Ideabox Batch 2
Ideabox Batch 2
 
Raising Funds For Great Ideas
Raising Funds For Great IdeasRaising Funds For Great Ideas
Raising Funds For Great Ideas
 
Will cardwell skolkovo presentation - 2012
Will cardwell   skolkovo presentation - 2012Will cardwell   skolkovo presentation - 2012
Will cardwell skolkovo presentation - 2012
 
New trends in incubation
New trends in incubationNew trends in incubation
New trends in incubation
 
Equity Crowdfunding
Equity CrowdfundingEquity Crowdfunding
Equity Crowdfunding
 
Introduction to Angel Funding - Startupvillage
Introduction to Angel Funding - StartupvillageIntroduction to Angel Funding - Startupvillage
Introduction to Angel Funding - Startupvillage
 
2016 CaribbeanStartups.com Summer Digital Accelerator
2016 CaribbeanStartups.com Summer Digital Accelerator 2016 CaribbeanStartups.com Summer Digital Accelerator
2016 CaribbeanStartups.com Summer Digital Accelerator
 
Wennopitch 2013
Wennopitch 2013Wennopitch 2013
Wennopitch 2013
 
ESCP Europe Club Executive Event
ESCP Europe Club Executive EventESCP Europe Club Executive Event
ESCP Europe Club Executive Event
 
Evo nexus tour_marco_nov.15.2018-final
Evo nexus tour_marco_nov.15.2018-finalEvo nexus tour_marco_nov.15.2018-final
Evo nexus tour_marco_nov.15.2018-final
 
iStart feature: How to hatch your bjusiness idea: A guide to A/NZ incubators ...
iStart feature: How to hatch your bjusiness idea: A guide to A/NZ incubators ...iStart feature: How to hatch your bjusiness idea: A guide to A/NZ incubators ...
iStart feature: How to hatch your bjusiness idea: A guide to A/NZ incubators ...
 
Creative venturing creative funding v2 12 06-2013 for distribution
Creative venturing creative funding v2 12 06-2013 for distributionCreative venturing creative funding v2 12 06-2013 for distribution
Creative venturing creative funding v2 12 06-2013 for distribution
 

Kürzlich hochgeladen

8447779800, Low rate Call girls in Rohini Delhi NCR
8447779800, Low rate Call girls in Rohini Delhi NCR8447779800, Low rate Call girls in Rohini Delhi NCR
8447779800, Low rate Call girls in Rohini Delhi NCRashishs7044
 
Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Kirill Klimov
 
Chapter 9 PPT 4th edition.pdf internal audit
Chapter 9 PPT 4th edition.pdf internal auditChapter 9 PPT 4th edition.pdf internal audit
Chapter 9 PPT 4th edition.pdf internal auditNhtLNguyn9
 
Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03DallasHaselhorst
 
Church Building Grants To Assist With New Construction, Additions, And Restor...
Church Building Grants To Assist With New Construction, Additions, And Restor...Church Building Grants To Assist With New Construction, Additions, And Restor...
Church Building Grants To Assist With New Construction, Additions, And Restor...Americas Got Grants
 
Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!
Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!
Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!Doge Mining Website
 
International Business Environments and Operations 16th Global Edition test b...
International Business Environments and Operations 16th Global Edition test b...International Business Environments and Operations 16th Global Edition test b...
International Business Environments and Operations 16th Global Edition test b...ssuserf63bd7
 
Memorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMMemorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMVoces Mineras
 
TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024Adnet Communications
 
Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Seta Wicaksana
 
APRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfAPRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfRbc Rbcua
 
PSCC - Capability Statement Presentation
PSCC - Capability Statement PresentationPSCC - Capability Statement Presentation
PSCC - Capability Statement PresentationAnamaria Contreras
 
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu MenzaYouth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menzaictsugar
 
8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCRashishs7044
 
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCRashishs7044
 
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607dollysharma2066
 
Financial-Statement-Analysis-of-Coca-cola-Company.pptx
Financial-Statement-Analysis-of-Coca-cola-Company.pptxFinancial-Statement-Analysis-of-Coca-cola-Company.pptx
Financial-Statement-Analysis-of-Coca-cola-Company.pptxsaniyaimamuddin
 
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCRashishs7044
 

Kürzlich hochgeladen (20)

Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCREnjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
 
8447779800, Low rate Call girls in Rohini Delhi NCR
8447779800, Low rate Call girls in Rohini Delhi NCR8447779800, Low rate Call girls in Rohini Delhi NCR
8447779800, Low rate Call girls in Rohini Delhi NCR
 
Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024
 
Chapter 9 PPT 4th edition.pdf internal audit
Chapter 9 PPT 4th edition.pdf internal auditChapter 9 PPT 4th edition.pdf internal audit
Chapter 9 PPT 4th edition.pdf internal audit
 
Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03
 
Church Building Grants To Assist With New Construction, Additions, And Restor...
Church Building Grants To Assist With New Construction, Additions, And Restor...Church Building Grants To Assist With New Construction, Additions, And Restor...
Church Building Grants To Assist With New Construction, Additions, And Restor...
 
Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!
Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!
Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!
 
International Business Environments and Operations 16th Global Edition test b...
International Business Environments and Operations 16th Global Edition test b...International Business Environments and Operations 16th Global Edition test b...
International Business Environments and Operations 16th Global Edition test b...
 
Memorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMMemorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQM
 
TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024
 
Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...
 
Japan IT Week 2024 Brochure by 47Billion (English)
Japan IT Week 2024 Brochure by 47Billion (English)Japan IT Week 2024 Brochure by 47Billion (English)
Japan IT Week 2024 Brochure by 47Billion (English)
 
APRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfAPRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdf
 
PSCC - Capability Statement Presentation
PSCC - Capability Statement PresentationPSCC - Capability Statement Presentation
PSCC - Capability Statement Presentation
 
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu MenzaYouth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
 
8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR
 
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
 
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
 
Financial-Statement-Analysis-of-Coca-cola-Company.pptx
Financial-Statement-Analysis-of-Coca-cola-Company.pptxFinancial-Statement-Analysis-of-Coca-cola-Company.pptx
Financial-Statement-Analysis-of-Coca-cola-Company.pptx
 
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
 

IdeaSpace 2013 and Southeast Asian Expansion for cohort 2

  • 1. IdeaSpace Philippines Multi-industry start-up incubator to help solve the biggest issues in the emerging markets Earl Valencia (@earlvalencia) - President, IdeaSpace Foundation - Head, Corporate Innovation, SMART Ideaspacefoundation.org; @ideaspaceph; www.facebook.com/ideaspaceph
  • 2. IdeaSpace by the Numbers 150k 16 5 6 Students and professionals who have listened to an IdeaSpace technopreneur talk Investments made across multiple industries Number of patents that have been filed or will file within 2013 Number of incubatees with companies that have launched, One of which will has $100k in revenue
  • 3. Who have we invested in? 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. ARMTech – Water Purification Machine using nanotech Arthrologic – Joints for the Asian Market PortfolioMNL – Linkedin for Creative Professionals WeGen – New more efficient windmill design TimeFree – SMS based queing system PinoyTravel – provincial bus reservation system theKard – Promos on the go using analytics DateCola – natural-enriched beverage out of dates PGRS – Power Generating Rumble Strips Tech4Health – monitoring chronic patients via SMS and Apps Gen8.ph – Technologies to help people with disabilities Tudlo – Disaster Preparedness Application PageSnapp – Page to App in Snap SMS.AWT – Home Energy Efficiency Monitoring System OrangeApps – mobile-based education iRace.ph – Racing applications Pilot in the Philippines. Scale to the World. Local Needs. Global markets.
  • 4. 2013 Highlights • • • • • • • • • Revenue Stage (2), Launch Stage (3), Pre-Launch/Prototype (5) TimeFree will close the year with more than $100k in bookings and got a contract to deploy with a financial services company in HK PinoyTravel now has 3 routes they are servicing (Baler, Baguio and Tugegarao) with ticket sales Two start-ups have launch thousands of users (mobKard, PortfolioMNL) Healthcare start-ups be able to do operations to actual patients 3 patents with 2 invention patents filed in IPO with 3 on the pipeline Regional Competition finalists (APEC-Intel, IBM Smart Camp, ITU-UN, e27 satellite) Incubator: IP Champion Award from the Intellectual Property Office of the Philippines, 2 Philippine Quill Awards and 1 Anvil Award Landmark events: Demo Days, Geeks on a Beach, AngelHack, SW Manila, and the 20+ bootcamps and 40+ talks all over the Philippines 4
  • 5. Continuously building the advocacy Intra-national • Manila • Santa Rosa • Laoag • Puerto Princesa • Davao • CDO • GenSan • Naga • Tacloban • Bacolod • Cebu • Ilo-Ilo • Baguio • Pampanga Inter-national • Indonesia (APEC) • Singapore (GAN) • Silicon Valley-SF • Kuala Lumpur (IBM)
  • 6.
  • 7. IdeaSpace as a full model accelerator/incubator Next page Idea Flow R&D Idea to Product Market and Acquire initial customers Scale and Generate revenues Expansion Approach Find Ideas • Find greatest ideas from the Philippines and SEA to support Provide Capital • Initial support of P1M: P500K investment over 6 months ($12k) plus a P500K grant ($12k) After Incubation: Up to P5M of additional investment on a convertible note ($120k) to few start-ups • Provide Expertise Provide Facility • • • Provide legal support on incorporation, IP Provide financial planning capability support Provide technical support and mentoring from the executives of First Pacific Group • • Provide office space in Makati Provide housing for non-Metro Manila incubatees 7
  • 8. What’s different in this year’s program Idea Flow R&D Idea to Product 6 weeks incubation for the top 20 • • • • Each team gets a grant of P50K 6 weeks (late March to early May) Each week has a deliverable By the 5th week, draft AOI, Bylaws, SHA are done, and Invention Disclosure are done • 3-day bootcamp Market and Acquire initial customers Scale and Generate revenues Expansion 4.5 month acceleration for the top 10 • Each team gets seed capital of P500K • Each team gets a grant of P500K that covers the expenses • Focus is on the 5 Cs of IdeaSpace: Customer, Contracts, Contacts, Conversion and Country
  • 9. Inviting the ASEAN Countries to the Philippines Location Increase Diversity of Experience s and Network 1. 2. 3. 1. Global Standard All-English Program First Pacific Group footprint in SEA 2. 3. 1. 2. Diversity Breeds Innovation: Bring the world to the Philippines Grow the Network within the region as preparation for ASEAN 2015 Multi-cultural class for market expansion opportunities and cross-culture learning Use Philippines and a pilot ground for the rest of the world with a base of 100M people English speaking country that could help innovations scale across Southeast Asia MBA-level courses and mentors that are top notch in the region and the world (EIR Program) First Pacific Group has presence in the Philippines, HK, Vietnam, Singapore, Myanmar and Indonesia Infrastructure, energy, telecom, technology are all needed in emerging SEA and would be able to tap into regional network of resources Source: Development of Labor and employment, UNCTAD 9
  • 10. Buzzing filipino startup ecosystem Idea Flow Players R&D • • • • • • • Valuation Investment Size Idea to Product DOST Develop Net PhilDev ITSO Techtalks.ph Google Developers Group Startup Weekend • • • IdeaSpace LaunchGara ge Hack2Hatch Market and Acquire initial customers • • • • • Started after late 2011 Scale and Generate revenues KickStart Ventures Hatchd Wireless Wings Oxygen Capital ON3/PlugandPlay Expansion • • • • • < $100K < $500K < $2-5M $10 50K ~ $100K ICCP Narra Venture Capital Brummer and Partners Bonifacio Capital Nova Founders > $5M ~ $500k 10
  • 11. IdeaSpace backed up by First Pacific Group Corporate Network Across SE Asia Background IdeaSpace is tied to First Pacific Group, one of the biggest conglomerates in Asia • >$10Bn annual revenue in aggregation • $5B Market Cap standalone • Listed in NYSE First Pacific committed $12.5M to IdeaSpace over 5 years with strong human resource support IT and Telecom Infrastructure Agriculture 11
  • 12. Thank you to third party/government support Partners Support Academic ITSO to assist patent search, patent filing BizSpark: License forMS Software products during incubation Free licenses for all IBM software and paired up with a mentor ISV $2500 amazon credits with mentoring and training from Amazon Specialists from Singapore Mentoring and assistance on Hardware based prototypes Internship for MBA students, lectures and case study writing DOST TRC, TAPI and ICTO Office – to support start-up ecosystems Stanford GSB Global Group – MBA intern funding from Stanford National Instruments – Enrollment in Planet NI Program Freelancer– P10K in Freelancer Credits Cloud-based ERP Software for IdeaSpace and start-ups 12
  • 13. Apply to 2014 Cohort Calling all Technopreneurs! Please Tell Your Friends! • Deadline to apply in mid-January 2014 • Application is now available at: – Apply.Ideaspacefoundation.org – Facebook.com/ideaspaceph

Hinweis der Redaktion

  1. TimeFree, PortfolioMNL,Arthrologic, Tudlo, theKard, PinoyTravel – with customers