IdeaSpace Foundation / IdeaSpace Ventures
Accelerator
Active
IdeaSpace is a Philippine startup foundation and venture arm established in 2012, backed by First Pacific, Metro Pacific Investments Corporation (MPIC), PLDT-Smart, Meralco, and Maynilad — companies associated with businessman Manuel V. Pangilinan. It runs founder-focused accelerator programs for early-stage Filipino tech entrepreneurs.
Since 2012, IdeaSpace has supported more than 100 startups, mentored over 300 entrepreneurs, and deployed roughly PHP 180 million toward ecosystem-building. It co-founded QBO Innovation Hub in 2016 alongside J.P. Morgan, DOST, and DTI, and continues to run recurring annual accelerator cohorts (its 10th batch was unveiled in 2023). Its venture arm, IdeaSpace Ventures, is positioned within the MPIC/MVP Group ecosystem, spanning mobility, healthcare, logistics, fintech, energy, digital infrastructure, and media.
Idea
Pre seed
Seed
Accelerator
Active
QBO Innovation Hub is the Philippines' first public-private partnership platform for Filipino startups, established in 2016 through a joint effort by IdeaSpace, J.P. Morgan, and two Philippine government agencies, the Department of Science and Technology (DOST) and the Department of Trade and Industry (DTI).
Rather than investing directly as a fund, QBO functions as a connective hub: it links entrepreneurs to capital sources, mentors, and structured growth programs, and has supported more than 700 Philippine startups since its founding. It also runs recurring ecosystem-wide initiatives such as the annual Philippine Startup Week, which showcases a Top 100 startups cohort (its 2023 edition was publicly recognized).
Idea
Pre seed
Seed