7 Philippine Incubators and Accelerators For Local Tech Startups
Every startup needs a boost, which is why incubators and accelerators exist to give them the foundation and support they need to thrive. While the two types of startup supporters work toward helping entrepreneurs get their feet on the ground, incubators and accelerators differ in terms of focus. Incubators zero in on the disruptive big idea of a startup, while accelerators are more concerned with expanding an already existing business model and concept. As the names suggest, incubators help grow a startup in its infancy stage, and once the startup is ready to stand on its own two feet, this is where the accelerator comes in to propel the company toward rapid growth.
One thing the two have in common is that they both offer a collaborative and creative environment for startups to reach their full potential. Here’s where you can achieve yours at these all-Filipino incubators and accelerators:
Backed by Smart Communications, this incubator and accelerator has invested in 74 tech startups since it was founded in 2012. Some of these include Pinoy Travel, Blood Hero, Portfolio MNL, and Valea Health. Ideaspace has a number of notable program partners, such as Amazon Web Services, Microsoft, and the Asian Institute of Management.
Address: 4th Floor, Philcox Building, 172 Salcedo Street, Makati City
Apply to Ideaspace Foundation
With the guidance of Dado Banatao, a leading Filipino tech entrepreneur and a Silicon Valley venture capitalist, AIM-Dado Banatao Incubator helps grow progressive and out-of-the-box startups like Antipara, Futuristic Aviation and Maritime Enterprises, Invester, Payruler, and PodX Technologies.
Address: AIM Conference Center Manila, cor. Benavidez and Trasierra, Legaspi Village, Makati City
Apply to AIM-Dado Banatao Incubator
Pronounced “kubo,” QBO is a holistic incubator in the Philippines that guides startups from entry to exit. Its signature JP Morgan Incubation Program looks after startups from crash courses to networking to assistance in fundraising. Some of its most notable startups include Investagrams, OneWatt, MAD Travel, Senti, and Cropital.
Address: Ground Floor, DTI International Buiding, 375 Gil Puyat Avenue, Makati City
This incubator and accelerator functions under the principle that it takes a village to build a startup. Its intensive 14-week training program called “The Gift” covers everything from business planning to accounting. The incubator has supported a number of startups like Mobkard, Freyo, Wagtails, Oopa, and Appload.
Address: 5th floor, The City Club, Alphaland Makati Place, Ayala Ave cor. Malugay Street, Makati City
Contact Startup Village
5| Cerebro Labs
Cerebro Labs’ rigorous incubator and accelerator program is headed by a multi-industry team trained in Silicon Valley. Like many incubators and accelerator programs, it also offers a coworking space for starting entrepreneurs.
Address: 3rd Floor, Universal Re Building, 106 Paseo de Roxas Street, Legaspi Village, Makati City
Contact Cerebro Labs
Impact Hub Manila is part of the greater Impact Hub community of incubators and accelerators around the world that have supported hundreds of startups. Impact Hub Manila offers incubation and startup support, community workspaces, programs and events, and training and development.
Address: 25th Floor, Picadilly Star Building, 4th Avenue cor. 27th Street, Bonifacio Global City, Taguig
Contact Impact Hub Manila
Launchgarage is backed by fellow incubator, Kickstart Ventures, proving that the startup world really is a community. So far, eight startups have graduated from its program.
Address: 2nd Level Industria Mall, Circulo Verde, Calle Industria, Bgy. Bagumbayan, Quezon City