1. Supporting Startups that Transform
Lives in the Emerging Markets
Dustin RJ Masancay
Associate , IdeaSpace Foundation Inc
Manila Director, Startup Grind

2. Millennials (Generation Y)





Comfortable with technology
Fluid Intelligence
Engaged in content creation
Extremely impatient
Optimistic that they
can be changemakers
More likely attracted to pursue entrepreneurship as career
option
Source: Boston Consulting Group, Millennial Consumers

3. Select Development Sectors in the Philippines
Food
and
Water
Environment
Financial
Literacy
Education
Urban
Transport
Governance
Developm
ent
Healthcare
Challenge:
Create sustainable solutions to the country and
region’s most pressing problems

4. Impact-based incubator and
accelerator fund that
focuses on the needs of the
billions of people who live in
the emerging markets
Corporate partners
Featured in Various Media

5. Portfolio Companies:
• 16 active startups :6 hardware, 10 software companies
• 5 Patents filed or being filed
• Heavy focus on Science and Technology
10 out of 16 – Youth-led*

6. FUNDING
Initial support:
P500K investment
over 6 months
($12k)
During Incubation:
Up to P2M ($50 k)
for 20%
After Incubation:
Up to P5M of
additional
investment on a
convertible note
($120k)
BUSINESS
EXPERTISE
Provide legal
support on
incorporation, IP
MARKET
RUNWAY
Foot in the door to
partners and
donor companies
Provide financial
planning
capability support
Introductions to
potential strategic
partners
Provide technical
support and
mentoring from
the executives of
First Pacific and
mentors in
residence
Waived vendor
accreditation
within MVP group
Access to
sponsored events
FACILITY
Provide office
space in Makati
Provide housing
for non-Metro
Manila incubates

7. IdeaSpace Makati Office

8. What we are looking for
Criteria
Market Need
Market need or clear customer pain point
Market Potential
Business model and local and global market
size
Technology
Uniqueness and innovation in technology
use and implementation
Team
Ability of the team to execute their vision
into reality
Synergy
Synergy and scale across partner company
industries

9. Screening ideas from global standard
level of competition
Recent acceptance rates
5.8%
•
For the class of
2013, IdeaSpace
selected 10 out of 700
submissions
•
The competition is up
to par with global
standard incubators
3.0%
1.0%
1.4%
2.0%
* Source: Betabeat, Techcrunch, Gagaom, Harvard College

10. Arthrologic
-low-cost and high-quality total joint implants for the
Asian market

11. www.pinoytravel.com.ph
-provincial bus seat reservation system

12. www.portfoliomnl.com
-online marketplace for creative professionals

13. TimeFree Innovations
-SMS based automated queuing system

14. Our Management Team
Roles
•
•
Chairman
Managing Director at First Pacific Group
Earl
Valencia
•
•
•
President, Co-Founder
Head of corporate development at SMART
Stanford MBA ‘09
Diane
Eustaquio
•
•
•
Executive Director
Metro Pacific Investments
DENR
Marthyn
Cuan
•
•
Vice President, Co-Founder
CIO, Manila Electronic Company
Dustin
Masancay
•
•
•
Associate Director of Venture
Philippine Director, Startup Grind
University of Philippines, Economics
Manuel
Pangilinan

15. Now, it’s your turn…
www.ideaspacefoundation.org

16. Let’s Make Things Happen!
facebook.com/masancay
@dustinmasancay
ph.linkedin.com/in/dustinmasancay/