Filipino accelerator IdeaSpace invests US$20K in three startups each, to provide network access, men


IdeaSpace, Philippines-based startup accelerator, announces that it has invested in three startups, injecting US$20,000 each, as reported by DealStreetAsia.


The startups that were part of its incubator programme are Airship Logistics, an end-to-end solution for courier companies; Cocotel, a tech-based property manager for resorts and hotels; and Experience Philippines, a community travel platform for domestic and foreign tourists.


The three startups were the top picks of this year’s startup competition after an acceleration program, in which 20 founders worked with mentors to refine their business and financial model, product, operations, and communications.


Besides investment, IdeaSpace will also provide the three startups with access to learning sessions, free use of office space, and linkages to corporate partners, strategic partner resources, and investors.


To read more, click here.


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