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 Work & Economic Growth, among others. We hope to bridge startups and corporations to enable greater collaboration and help heavily
News and thought leadership from IdeaSpace and our community’
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 talk, with representatives from Metro Pacific Investments Corporation, PLDT, Smart, CignalTV, Metropac Movers Inc., Asian Hospital and Medical Center, Davao
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, with 90 founders from 12 to 26 April. According to the survey, almost half of its respondents expressed great concern
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 IdeaSpace, with ticket sizes ranging from 500,000-37 million. Our startups have also employed 487 people, with 43.53% or 212 employees being women. Our review also
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.