After a few months of waiting, IdeaSpace had now announced their top finalists in search for the best tech startup ideas. IdeaSpace is a Philippine-based incubator with a mission of finding promising startups that they can back-up. And that search has already been concluded as they shared with us the roll of finalists.
IdeaSpace will only be selecting the 10 startups for their six month incubation program. All in all, there are a total of 20 finalists that will compete for the limited ten slots offered by IdeaSpace. The following 20 finalists were able to put a few meters ahead of almost 700 entries from all over the Philippines.
Here are the startup finalists from Metro Manila: AgriCulture Technolgy, monitors growth of aquatic livestock; CornerData, a simplified data gathering for agriculture and disaster preparedness using electronic sensors; Mirand, deals with the lower cost and high quality total joint implants for the Asian market; PGRS, produces electricity via rumble strips on high traffic roads; PinoyTravel, a provincial bus seat reservation using mobile technologies; PortfolioMNL, an online marketplace for creative professionals; Prodigo, a solution for targeted promotions and analytics; and Tech4Health, a solution for health monitoring of chronic conditions including diabetes.
Startups from Cebu can’t also be stopped from hailing them as finalists: Lost Meets Found, an online solution for lost and found objects; miCab, a smartphone solution for getting a cab with or without mobile Internet; Nambal.com, an online healthcare system with portable features; SafeCab, a solution providing feedback for commuters riding cabs; and Tudlo, a system that teaches, guides and points during a disaster and emergency situation.
Other finalists came from Davao: DateCola, a natural date enriched beverages; and FindmyDok, a solution for searching doctors. On the other hand, here are the selected finalists from Angeles City: Armtech, an affordable water purification machine for households; and DepEd Smart Cloud, an enterprise solution for public school system. Leyte also has its finalist startup called Summarize and Notify which allows web searches, summarizes information and notifies users. From Zamboanga, TimeFree, an SMS-based automated queuing system, also made it to the finalists. And from Sorsogon, WeGen is a new design of wind turbine that is more efficient than current technology.
These 20 finalists will soon be reduced to 10 on April 5, the final judging schedule of IdeaSpace. The winning teams will be fortunate to participate in IdeaSpace’s six month incubation program with a funding worth of 5 million pesos. The winning teams will also have the privilege of mentorship, support services and grants from IdeaSpace. This will help them to escalate their startup or business in the market. IdeaSpace will also provide housing support to those teams outside Metro Manila. IdeaSpace is the only incubation program in the Philippines that offers this housing support service.
According to Earl Martin Valencia, the IdeaSpace President, the distribution of selected finalists only shows that there are a great number of startup innovations in our country. This also reflects that there is a growing public interest in the creation of startups. IdeaSpace is also hoping that they are able to help these early stage startups, and has been able to make known their technopreneurship advocacy program.
This competition for the best tech startup ideas started during late August last year. Submission of entries was closed earlier in January. All startup entries had undergone the critical eyes of the different panel of judges in order to determine whether they are fit to be hailed as one of the winners. The panels of judges are experts and leaders from different industries.
- AgriCultureTechnology (Metro Manila) – monitors growth of aquatic livestock
- Armtech (Angeles City) – affordable water purification machine for households
- CornerData (Metro Manila)– simplified data gathering for agriculture and disaster preparedness using electronic sensors
- DateCola (Davao) – natural date enriched beverages
- DepEd Smart Cloud (Angeles City) – enterprise solution for public school system
- FindmyDok (Davao) – a solution for searching doctors
- Lost Meets Found (Cebu) – an online solution for lost and found objects
- miCab (Cebu) – smartphone solution for getting a cab with or without mobile Internet
- Mirand (Metro Manila) – Lower cost and high quality total joint implants for the Asian market
- Nambal.com (Cebu) – online healthcare system with portable features
- PGRS (Metro Manila) – produces electricity via rumble strips on high traffic roads
- PinoyTravel (Metro Manila) – provincial bus seat reservation using mobile technologies
- PortfolioMNL (Metro Manila) – online marketplace for creative professionals
- Prodigo (Manila) – a solution for targeted promotions and analytics
- SafeCab (Cebu) – a solution that providing feedback for commuters riding cabs
- Summarize and Notify (Leyte) – allows web searches, summarizes information and notifies users
- Tech4Health (Metro Manila) – solution for health monitoring of chronic conditions including diabetes
- TimeFree (Zamboanga) – SMS-based automated queuing system
- Tudlo (Cebu) – a system that teaches, guides and points during a disaster and emergency situation
- WeGen (Sorsogon) – new design of wind turbine that is more efficient than current technology