Saturday, April 27, 2024

Six startups picked for IdeaSpace’s annual accelerator program

Local startup accelerator IdeaSpace Foundation recently unveiled the six startups selected out of over a hundred applicants to join the next cohort of the flagship IdeaSpace Accelerator Program.

The selection marked the 11th iteration of the IdeaSpace Accelerator Program, whose main goal is to facilitate the swift expansion of promising technology-rooted startups.

“We are thrilled to welcome our startups to Cohort 11 of the IdeaSpace Accelerator Program. We are optimistic that the program will play a crucial role in your business’s growth journey. The IdeaSpace team is fully committed to being your partner on this exciting path,” said Alwyn Rosel, head of startup development at IdeaSpace.

The six startups headlining Cohort 11 are:

  • Hey Roomie, a unique virtual community hub equipped with digital tools to empower anyone to supercharge the growth of their community.
  • ITOOH Homestyle, a digital platform that aggregates the finest local furniture and art, bringing frictionless experience to online home shopping.
  • kazam.ph, a platform revolutionizing the connection between Kasambahays and homeowners, presenting a safer and smarter online avenue for direct interactions.
  • Kintab, a mobile car care platform designed to provide busy car owners with instant access to carwash and service center facilities, eliminating lines and saving valuable time.
  • Kippap Education, an edtech startup focused on empowering civil engineering graduates preparing for their board exams, with a vision to cover all standardized exams in the Philippines.
  • Molinos de la Especia, a CPG provider revolutionizing the industry through a tech-driven marketplace for premium spices sourced globally.

“There are many opportunities that the program will give you. This year, we’re on the course of doubling our revenue, and it’s because of the program alone. This year, I also represented the Philippines in Washington DC as part of the IdeaSpace program. Lastly, IdeaSpace Foundation invested in us, which was very significant for our startup,” said OJ Lopez, CEO and founder of Revastaff and an alumnus of the 10th cohort of the program.

“Ideaspace plays a crucial role in the Philippine startup ecosystem. We are, as someone said, ‘a bringer of new things’. We incubate startups and then launch them into the global space. We are a funnel for the entire ecosystem, and we are proud of all of our graduates. We have high hopes for your group as well,” said Butch Meily, IdeaSpace and QBO president.

Beyond enabling individual startups, IdeaSpace, through its programmatic arm, QBO Innovation Hub, is poised to further its commitment to foster synergies and propelling the Philippine startup ecosystem forward as it spearheads the highly-awaited Philippine Startup Week 2023 (PHSW23) this November — alongside the Department of Trade and Industry, the Department of Science and Technology, and the Department of Information and Communications Technology.

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