“We started the Opportunity Fund...to widen our net and to find dynamic, investment-worthy startups within and beyond the IdeaSpace ecosystem and to earn additional revenues to support IdeaSpace in the future,” shares Meily.
“We’ve high hopes for this cohort. They’re more mature,” said Butch Meily, president of IdeaSpace. “In the past we would take prototypes, but we’re no longer doing that. We’re looking for more mature startups that have a business model, revenues, and that are going for the long run.”
TECH GIANT Google is partnering with IdeaSpace, the largest and longest-running early-stage start-up accelerator in the Philippines, to help tech entrepreneurs and improve the country’s startup ecosystem.