3 PH startups advance to Mobile Challenge APAC regionals in Hawaii

Three startups recently won the Mobile Challenge Asia Pacific (MCAP) Philippines 2015 and are advancing to the regional finals in Hawaii next year.

Local advocacy group GoNegosyo of the Philippine Center for Entrepreneurship (PCE), who organized the event, announced the three winning teams, 1Export, Wattsmart, and Croo.

Wattsmart provides a mobile energy monitoring system meant to help households on energy management, while Croo serves as a safety product composed of day-to-day accessories which enable users to trigger an application that will inform their loved ones via SMS if they are in emergency situations.

Also Read: US seed fund 1776 selects 3 PH startups for Challenge Cup regional level competition

Both Wattsmart and Croo are startup teams from IdeaSpace Foundation, the incubator and accelerator arm of the MVP Group of Companies.

Organised and launched by J-Seed Ventures, IE Business School, and Applied Innovation Institute last September, MCAP is a regional competition that brings together entrepreneurs from nine Asian countries, including Hawaii, to meet and compete in order to qualify for three places at the GSMA Barcelona Conference World Finals every year. The challenge is to design the best mobile-related applications, software and hardware.

Also Read: mClinica wins Hack Osaka 2015, eyes Vietnam launch

J-Seed Ventures president and CEO Jeffrey Char said 30 teams representing 10 countries in Asia Pacific will compete at the regional finals.

The countries are Hong Kong, Indonesia, Japan, Korea, Malaysia, Philippines, Singapore, Taiwan, and Thailand, and Hawaii.

“We will select the top three winners to represent the Asia Pacific region in Barcelona in February 2016.  There they will compete with 20 teams from across 6 regions,” Char said. “There are no cash prizes for the winners – only the experience and bragging rights. However, the participants will be able meet with potential mentors, partners and investors.”

It was required that participating startup teams should have any current Venture-Capital funding of more than $250,000.

Also Read:

PH startup PawnHero wins the Judges’ Choice award at Echelon Asia Summit 2015

PH fintech Ayannah wins Rising Expo 2015 startup contest in Indonesia

PH government to capitalise on mobile apps for energy saving, disaster alert

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.