View
243
Download
0
Category
Tags:
Preview:
Citation preview
Supporting Startups that Transform Lives in the Emerging Markets
Dustin RJ MasancayAssociate , IdeaSpace Foundation IncManila Director, Startup Grind
Millennials (Generation Y) Comfortable with technology Fluid Intelligence Engaged in content creation Extremely impatient Optimistic that they can be changemakers
Source: Boston Consulting Group, Millennial Consumers
More likely attracted to pursue entrepreneurship as career option
Create sustainable solutions to the country and region’s most pressing problems
Select Development Sectors in the Philippines
Healthcare
Education
Governance
Transport
Food and
Water
Urban Developm
ent
Environment
Financial Literacy
Challenge:
Impact-based incubator and accelerator fund that focuses on the needs of the billions of people who live in the emerging markets
Featured in Various Media
Corporate partners
Portfolio Companies:
• 16 active startups :6 hardware, 10 software companies• 5 Patents filed or being filed• Heavy focus on Science and Technology
10 out of 16 – Youth-led*
FUNDING BUSINESS EXPERTISE
Initial support: P500K investment over 6 months ($12k)
During Incubation: Up to P2M ($50 k) for 20%
After Incubation: Up to P5M of additional investment on a convertible note ($120k)
Provide legal support on incorporation, IP
Provide financial planning capability support
Provide technical support and mentoring from the executives of First Pacific and mentors in residence
Foot in the door to partners and donor companies
Introductions to potential strategic partners
Waived vendor accreditation within MVP group
Access to sponsored events
MARKET RUNWAY
FACILITY
Provide office space in Makati
Provide housing for non-Metro Manila incubates
IdeaSpace Makati Office
CriteriaMarket Need Market need or clear customer pain point
Market Potential Business model and local and global market size
Technology Uniqueness and innovation in technology use and implementation
Team Ability of the team to execute their vision into reality
Synergy Synergy and scale across partner company industries
What we are looking for
Screening ideas from global standard level of competition
Tech
Stars
IdeaSp
ace
500 Start
ups
Y-Combinato
r
Harvard
Undergrad
1.0%1.4%
2.0%
3.0%
5.8%
Recent acceptance rates
* Source: Betabeat, Techcrunch, Gagaom, Harvard College
• For the class of 2013, IdeaSpace selected 10 out of 700 submissions
• The competition is up to par with global standard incubators
Arthrologic-low-cost and high-quality total joint implants for the Asian market
www.pinoytravel.com.ph-provincial bus seat reservation system
www.portfoliomnl.com-online marketplace for creative professionals
TimeFree Innovations-SMS based automated queuing system
Our Management Team
Manuel Pangilinan
Roles
• Chairman• Managing Director at First Pacific Group
Earl Valencia
• President, Co-Founder• Head of corporate development at SMART• Stanford MBA ‘09
Diane Eustaquio
• Executive Director• Metro Pacific Investments• DENR
Marthyn Cuan
• Vice President, Co-Founder• CIO, Manila Electronic Company
Dustin Masancay
• Associate Director of Venture• Philippine Director, Startup Grind• University of Philippines, Economics
Now, it’s your turn…www.ideaspacefoundation.org
Let’s Make Things Happen!
facebook.com/masancay
@dustinmasancay
ph.linkedin.com/in/dustinmasancay/
Recommended