MVP Group’s startup accelerator arm Ideaspace Ventures yesterday announced the addition of five new startups to its portfolio.
This is part of the 12th cohort of its flagship accelerator program, themed “Resilient Founders: Game-Changing Ventures.”
For the first time since its launch, Ideaspace Ventures said it has made immediate investments in the startups selected, signifying its commitment to their growth and automatically including them in its portfolio.
The startups included in the latest cohort are Collo, a startup that aims to improve and simplify property management; Flying Tigers Express logistics service startup focused on same or next-day, door-to-door, island-to-island express delivery; Itemcount which seeks to help businesses earn more by simplifying inventory-keeping; Remotify, designed to transform remote work management; and Swiftclaims startup that aims to improve PhilHealth insurance claims processing for Philippine healthcare institutions.
These startups will benefit from Ideaspace’s comprehensive support, including mentorship on business operations, guidance on fundraising strategies, and insights into effective marketing and sales tactics.
“The rigorous selection process highlights the resilience of these startups. Despite facing the downtrend challenges of 2023, they have persevered, truly embodying this year’s theme,” said Jay Fajardo, Ideaspace executive director and an alumnus of Cohort 11.
Rene Meily, Ideaspace president, expressed optimism about the program’s latest cohort.
“We are thrilled to welcome the Cohort 12 startups into the Ideaspace family. The strength of our network, which connects founders, mentors, and the broader MVP group, will undoubtedly drive us to greater heights,” Meily said.
Since its inception in 2012, the Ideaspace Accelerator Program has supported over 700 startups and accelerated more than 250 businesses.
