ideaspace

IdeaSpace Foundation, Inc. has officially opened its 2019 tech startup competition. Three teams will be chosen to receive up to Php 1 million in equity participation.


Got a great idea for a tech startup kicking around in your head, but don’t know how to get it off the ground?

Non-profit organization IdeaSpace Foundation, Inc. is now accepting applications for its 2019 startup competition. Make it to the top three with your team, and you’ll have the chance to get up to Php 1 million in equity participation.

Startup search

Does your startup idea fall under the realm of wireless apps, IT, agriculture, food technology, energy, infrastructure, or similar fields? If so, you’re eligible to join this competition.

Simply form a team of up to three members and send your application form online via this link. (If your team is comprised of four or more members, you’ll have to submit just three names.)

Along with the application form, you must provide complete information related to your startup idea (which has to be within the field of science and technology), as well as the names and profiles of your individual team members.

Application is free, and will run from November 13, 2018 to January 18, 2019.

You may also send multiple applications. However, if your team makes it to the top 30, you must choose only one of your ideas.

IdeaSpace will choose up to 30 teams to participate in a five-day pre-acceleration workshop. Each team will receive a capped mobilization fund of Php 30,000. From there, 20 teams will join the actual Acceleration, where they’ll vie for the top 3 spots. In addition to funding support, the winning startup ideas will also receive mentoring from industry experts, as well as learning sessions, workshops, and office space.

For more information, you may check out IdeaSpace’s official website here.

References

  • Official press release.

Author: Mikael Angelo Francisco

Bitten by the science writing bug, Mikael has years of writing and editorial experience under his belt. As the editor-in-chief of FlipScience, Mikael has sworn to help make science more fun and interesting for geeky readers and casual audiences alike.