5 Startup Ideas that won PH Challenge

Finding the right internship, dorms, scholarships, the sentiment quotient of social interaction and the right set of dependable people – the five mainstays  of student life could be at the centre of the next wave of successful startups from the Philippines.

Already, the apps centered on these five activities have won top honours  at the first Philippine Startup Challenge (PSC) that concluded last Friday.

About 20 teams from different colleges participated, three of the five winning teams were from Ateneo De Davao  – NoSemicolon, Gecko, and WiseGeeks, said the Philippine Software Industry Association (PSIA) program manager Karen Reyes. The two other winners were Technovators from University of San Jose–Recoletos in Cebu, and Intern Ship from University of the East in Manila.

Here are the details of the five winning startup ideas, which were pitched successfully:

Intern Ship (Pag Hinabol Mo Lalong Lalayo): an application that allows students to use geolocational search to find companies, which are looking for new interns. Students can also use resume and application letter templates through this internship portal.

Tweeva (Technovators): a mobile/web application that analyzes Twitter data to provide sentiment analysis of a given hashtag (#) keyword. Aside from the sentiment analysis, the application will also generate demographics. The application will also provide rankings for specific topics like restaurants, hotels, public figures, and others.

POD (NoSemicolon): is a cross-platform mobile application that provides suggestions for students or individuals who wish to study or work away from their hometown and need to find a dormitory or apartment where they can stay. This features all dormitories / apartments that are around the vicinity of the entered school or university.

CareStarter (Gecko): is an application that assists scholars in finding the right donor for them and for donors to find deserving scholarship beneficiaries. This application is an avenue for scholars and donors to interact with each other. Donors will also be given the privilege to see the transcript of records of the students they are funding so that they will be able to check on the accomplishments of their scholars.

Escape Plan (WiseGeeks) – is an augmented reality game that will change the way teams are built. It addresses issues on inconveniences before, during, and after team building activities, such as going to far-flung areas, spending too much money, getting in harm’s way and destroying the shared vision of the company because of irrelevant competition. This game promotes basic principles of building effective teams – effective communication, shared purpose, dynamic team design and balance orientation. The objective of the game is to escape the room, where teams get to escape an environment by solving puzzles and finishing the challenges.

Reyes said all winners will undergo a series of mentoring session with HP, Microsoft, Vibal Group, and local startup incubators IdeaSpace Foundation Inc and PSIA-Spring.ph.

The remaining 15 teams who did not make it to the top five can develop their startup ideas if they decide to pursue their business plans after graduation, said PSIA-Spring.ph director Maria Rosario Gruet, assuring that the incubation group is more than willing to help them take these forward.

According to PSIA, the nationwide startup competition among college students is meant to inspire the youth to jumpstart innovative technology ideas that can address today’s relevant issues as well as to promote the spirit of entrepreneurship among students.

PSIA president Joey Gurango said the PSC competition is part of the association’s target of developing at least 50 startup companies by end of 2014 and develop 10 globally recognized startups earning a total of $1 million in revenue by 2016.

Image:freedigitalphotos.net

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.