Wednesday, March 20, 2024

Startup visionaries and a new ED take the stage at the IdeaSpace Accelerator Program Cohort 11 Demo Day

“Our latest cohort demonstrates the spirit of innovation and creativity that define the Philippine startup landscape. Through our Accelerator Program, we've not only provided them with the tools and guidance to thrive but also built a community where fresh ideas flourish. I am confident that these visionary entrepreneurs will continue to make waves, driving our nation towards a future brimming with opportunity and prosperity." ~Butch Meily, President of IdeaSpace
IdeaSpace presents Cohort 11 Demo Day, where visionary techpreneurs showcased their groundbreaking ventures.

Celebrating the spirit of innovation and entrepreneurship, IdeaSpace, a startup enabler supported by the MVP or PLDT and Metro Pacific group of companies, recently hosted a demo day for Cohort 11 of the IdeaSpace Accelerator Program.


Showcasing six startups, the event provided a platform for visionary techpreneurs to pitch their ventures and showcase their journey towards reaching their growth targets and milestones throughout the program to investors, partners, and key ecosystem stakeholders. They were introduced to the community by IdeaSpace’s new Executive Director Jay Fajardo, one of the pioneers of the Philippine startup ecosystem.


The six groundbreaking startups that pitched at the IdeaSpace Accelerator Program Cohort 11 Demo Day are:
  • Hey Roomie - a community engagement app propelling how people can connect and monetize their interests and passions online.
  • ITOOH Homestyle - a digital platform that aggregates the finest local furniture and art.
  • kazam - a platform that aims to directly connect kasambahays and homeowners, presenting safer and smarter online interactions.
  • Kintab - a mobile car care platform designed to cater to car owners with packed schedules.
  • Kippap Learning Corporation - an education tech startup focused on empowering students and regulated professionals to prepare for board exams.
  • Molinos de la Especia - a consumer packaged goods provider aiming to bring premium spices globally.
Each startup brought something unique to the table, demonstrating their significant growth, market traction, and bold visions for the future with innovative technologies and robust business models. 
Throughout the 5-month IdeaSpace Accelerator Program, the startups had the opportunity to gain valuable insights into best practices for business operations, fundraising, marketing, and sales. They were guided by seasoned mentors with prominent roles in the local and global startup ecosystem, enriching their knowledge and capacities for success.
Following the theme “Prope11ing Filipino Startups”, the IdeaSpace Accelerator Program continues to serve as an avenue for high-growth potential startups to reach the next step in their ventures. Committed to nurturing the next generation of Filipino entrepreneurs, IdeaSpace enables them to create positive change in society through innovative ideas.
Jay Fajardo, IdeaSpace’s new Executive Director, also brings a fresh perspective and strategic vision to the forefront of the organization. Fajardo's leadership heralds an exciting new chapter for the accelerator program, allowing a booming landscape where Filipino entrepreneurs can thrive.
“Cohort 11 represents an emerging breed of robust startups focused on practical fundamentals and sound unit economics. The founders have placed great emphasis on generating sustainable revenues and maintaining profitability while delivering tech-enabled innovation. This trend is particularly common with resilient startups during economic downturns in the past and is typical of the winners when economic cycles resume their upward trend. We’re glad to have played a role in strengthening Cohort 11’s best practices, business models, and value proposition—increasing their chances for success.” ~Jay Fajardo, IdeaSpace’s new Executive Director
To know more about the IdeaSpace Accelerator Program Cohort 11 startup participants, view the online magazine here. Don’t miss your chance to join the ranks of innovators and changemakers—stay tuned for updates on the launch of Cohort 12, happening soon. 




About IdeaSpace
IdeaSpace is the Philippines’ premier startup enabler behind IdeaSpace Ventures and QBO Innovation Hub.
IdeaSpace Ventures is the organization’s venture capital arm, which funds early-stage (pre-seed to Series A) Filipino startups. QBO Innovation Hub is a public-private initiative that serves as IdeaSpace’s programmatic arm—operating incubation and acceleration programs for startups across multiple stages and industries, and conducting an array of startup ecosystem and community activities.
IdeaSpace was established in 2012 by its Chairman, Manny V. Pangilinan with the vision of spurring Filipino technopreneurship, and is backed by First Pacific, Metro Pacific Investments Corporation (MPIC), PLDT-Smart, Meralco, and Maynilad, as well as a number of various public and private organizations, including the Department of Science and Technology, the Department of Trade and Industry, and J.P. Morgan.

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