IdeaSpace joins global organization of tech incubators

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Diane Eustaquio, executive director of IdeaSpace at the NBIA?s International Conference on Business Incubation Diane Eustaquio, executive director of IdeaSpace at the NBIA?s International Conference on Business Incubation[/caption] ?We are committed to our vision of nurturing technology startups from the Philippines and the Southeast Asia to help them scale to the region and globally,? said Earl Martin S. Valencia, president at IdeaSpace and vice president for corporate innovation and strategy at Smart. ?Participating in the NBIA will help us increase entrepreneurial success, allow us to share best practices with other organizations and enhance our capability to better serve emerging market ventures.? The NBIA serves more than 1,900 incubator developers, managers and staff, economic development professionals, academic scholars interested in entrepreneurship and small business development and incubation and entrepreneurship consultants in more than 60 nations. Each year, the NBIA provides thousands of professionals with information, education, advocacy and networking resources to bring excellence to the process of assisting early-stage companies, while advancing the business creation process to increase entrepreneurial success and individual opportunity, strengthen economic development and job creation in communities worldwide. Founded in 2012, IdeaSpace is the country?s largest privately backed incubator and accelerator with half a billion pesos funding from companies such as First Pacific, First Pacific Leadership Academy, Metro Pacific Investments Corporation (MPIC), Metro Pacific Tollways Corporation, MPIC hospital group, PLDT, Meralco, Smart Communications, Digitel Mobile Philippines and its mobile brand Sun Cellular, SPI Global, ePLDT, Indofood, Philex Mining, Maynilad, MediaQuest, and TV5. IdeaSpace supports early-stage funding for startups through its yearly start-up competition and community advocacy programs. IdeaSpace recently announced its second batch of ten tech startups that will receive P1 million each worth of funding and acceleration support. Among its board of directors, aside from Valencia, are First Pacific managing director and CEO Manuel V. Pangilinan, PLDT and Smart president and CEO Napoleon L. Nazareno, Smart chief wireless adviser and Digitel Mobile Philippines president and CEO Orlando B. Vea, First Pacific executive director Edward Tortorici, Maynilad president and CEO Ricky Vargas and Metro Pacific president and CEO Jose Maria K. Lim. ]]>

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