MANILA, Philippines -- Google Developers Launchpad announced its partnership today with IdeaSpace to further boost the country’s progressive startup ecosystem.
Google Developers Launchpad operates a global acceleration program that helps empower global startup ecosystems to solve the world’s biggest challenges using Google’s resources including its people, research, and advanced technologies. Sharing a similar goal with Google, IdeaSpace is a non-profit organization that supports budding tech entrepreneurs to develop groundbreaking products and services into successful businesses.
With the partnership, Google will connect IdeaSpace to top accelerators around the world to leverage their best practices and resources. IdeaSpace will also access Google’s global network, insights from the company’s Silicon Valley-based startup programs, and 20 years’ worth of Google research and best practice insights on building businesses, products, and teams at scale.
These opportunities will help IdeaSpace’s startup portfolio--which already includes some of the fastest-growing companies in the region--scale its businesses.
“Google believes in empowering startup communities around the world, and helping them leverage each other for insights and resource sharing. We are thrilled to partner with IdeaSpace to support more startups and fuel the local ecosystem’s growth over the long term,” said Samuel Jeanblanc, Market Lead, Google Philippines.
“We’re excited to be a Powered by Launchpad partner for the Philippines, because it represents an influx of talent, knowledge, experience, and resources into the Philippine startup ecosystem,” said Butch Meily, President, IdeaSpace. “As our startups grow in number and mature, we need to ensure that we have the resources necessary to support their growth and development. We look forward to working with Google and our fellow Powered by Launchpad accelerators across Asia and around the world.”
In the coming years, markets outside of Silicon Valley will increasingly impact the global startup and technology ecosystem. And while it’s easier than ever to start a company, access to success methodologies, expert mentors, and ecosystem best practices for building companies remain unevenly distributed.
Through its collaboration with Google Developers Launchpad, IdeaSpace and their startup portfolio will join a growing network of thriving independent accelerators across Latin America, Africa, Europe, and Asia.
Google's mission is to organize the world's information and make it universally accessible and useful. Through products and platforms like Search, Maps, Gmail, Android, Google Play, Chrome and YouTube, Google plays a meaningful role in the daily lives of billions of people and has become one of the most widely-known companies in the world. Google is a subsidiary of Alphabet Inc.
IdeaSpace is the largest private sector-supported organization for early-stage technology entrepreneurship based in the Philippines. To date, IdeaSpace has supported 91 startups and invested over Php180 million worth of support into the Philippine startup ecosystem. IdeaSpace is supported by the following companies: First Pacific, First Pacific Leadership Academy, Metro Pacific Investments Corporation (MPIC), Metro Pacific Tollways Corporation (MPTC), MPIC hospital group, Philippine Long Distance Telephone Company (PLDT), Meralco, Smart Communications, Inc (Smart), Indofood, Philex Mining, Maynilad, and TV5.