Top 20 Startup Idea/Team that made it into Ideaspace among the top 20, 5 Cebu Startup team made (in bold)
- 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
Featured on
Filipino Accelerator IdeaSpace Picks Countrys Top 20 Tech Startups | TechCrunch
http://www.interaksyon.com/infotech/...-startup-ideas
IdeaSpace National Competition Finalists Announced
5 Cebu start-ups among IdeaSpace finalists | Sun.Star
What is a Startup?
A company that is in the first stage of its operations. These companies are often initially bank rolled by their entrepreneurial founders as they attempt to capitalize on developing a product or service for which they believe there is a demand. Due to limited revenue or high costs, most of these small scale operations are not sustainable in the long term without additional funding from venture capitalists.
Brief History of Startup
In the late 1990s, the most common type of startup company was a dotcom. Venture capital was extremely easy to obtain during that time due to a frenzy among investors to speculate on the emergence of these new types of businesses. Unfortunately, most of these internet startups eventually went bust due to major oversights in their underlying business plans, such as a lack of sustainable revenue.
However, there were a handful of internet startups that did survive when the dotcom bubble burst. Internet bookseller Amazon.com and internet auction portal eBay are examples of such companies.
Source:
Startup Definition | Investopedia
What is Incubator?
Business incubators are a good path to capital from angel investors, state governments, economic-development coalitions and other investors. Business incubators house several businesses under one roof or in a campus setting, and offer resident companies reduced rents, shared services and, in many instances, formal or informal access financing.
Source:
Business Incubators | Entrepreneur.com
Some of the philippine based business incubator
- Ideaspace
- Kistart
- Cebu Business Incubator in I.T.
my team is one of the 5 team to compete in manila next month. im from Lost Meets Found