According to a study by the Harvard Business Review, 65% of startups fail because of people problems, particularly due to problems between co-founders. A good co-founder and a strong team with a collaborative dynamic have proven essential to a startup’s success. This month’s Grit & Grind will focus on how to find co-founders and employees […]
As the world came to a standstill because of the COVID-19 pandemic, businesses across different sectors and industries struggled to survive. The micro, small and medium enterprises (MSMEs) sector is among the most affected, and to support them as they embrace change and innovation, BusinessWorld’s SparkUp will be holding its BusinessWorld Insights SparkUp Entrep Series […]
The COVID-19 pandemic has revealed the need for a better way forward. As part of our work with our alumni founders, we are looking to create links between our startups and the companies within the Metro Pacific group. Our startups focus on different SDGs such as Zero Hunger, Good Health, Quality Education, Gender Equality, Decent […]
Last year, IdeaSpace introduced Innovation Mornings, an exclusive talk for the employees and leaders of the First Pacific group. On April 29, 2020, we held our first Innovation Mornings session for the year, focusing on planetary health and its connection to the ongoing COVID-19 pandemic. Over 40 participants took part in our first Innovation Mornings […]
In February, PwC published the Philippine Startup Survey, which showed promising data on the growth of startups in the Philippines. However, the disruption brought about by the COVID-19 pandemic caused major changes throughout the Philippine startup landscape. In light of this, PwC conducted a new survey with the Department of Trade and Industry, QBO, and IdeaSpace, […]
We have recently completed a review of our alumni program, where we were able to interview 37 out of our 46 active startups. We are pleased to report that, to date, 32 of the 37 active startups that responded to the review have made Php338.23M in gross revenue for 2019. Eleven startups have raised over Php100 million outside of […]
In January, we organized a meeting between our Chairman, Manuel V. Pangilinan, and our top three startups from last year’s cohort—Experience Philippines, Cocotel, and Airship—so that representatives from the three startups can share their plans for the near future and the potential collaborations with companies within the Metro Pacific group.
Last year, we announced that we have partnered with Google’s Powered by Launchpad program. Google has recently folded all of its programs, including the Powered by Launchpad program, into its Google for Startups program, consolidating all of its startup-related activities under one platform. This gives IdeaSpace access to a larger network and to the resources […]
On March 13th, we announced some of the measures that we will be taking to keep our staff and community safe, abiding by the guidelines set for the Luzon-wide community quarantine.
MANILA, Philippines, March 11, 2020—Philippine start-up accelerator IdeaSpace has formally launched an Opportunity Fund to invest in startups within and outside of the IdeaSpace portfolio. The Opportunity Fund aims to cater to early stage to pre-series A startups, particularly to founders who may be looking for funding to help make key business and strategic decisions. […]