IdeaSpace Opens Application for 2014 Startup Competition in Southeast Asia
IdeaSpace Foundation, Inc. (IdeaSpace), the largest privately-backed incubator in the Philippines, announced the opening of application for 2014 Startup Competition that will run until January 15, 2014. Unlike last year’s competition where it was exclusive for Philippine aspirants, applications for this from the Southeast Asian region will also be accepted.
“Whenever we tell the IdeaSpace story to investors and venture capitalists in developed countries, they are always curious about the kind of innovation and unique startup ideas that come out of the emerging markets such as the Philippines and Southeast Asia,” said Earl Martin Valencia, President of IdeaSpace.
Valencia said that opening the competition this early to other countries in the Southeast Asia will bring diversity that can have a good impact on science and technology innovations.
Initially, IdeaSpace winners will receive PhP 1 million worth of funding, services, and training under a rigorous six-month business incubation and acceleration program. They will also receive business mentoring and office space in Makati as well as housing for non-Metro Manila participants.
If you have a budding idea and are interested in joining, submit your entries for the 2014 Startup Competition at www.ideaspacefoundation.org.