Wednesday, October 7, 2015

Applications are now open for the “Impact Hub Fellowship on Innovation in Mobility with LBC.”



 In partnership with LBC, the Philippines' market leader in payments, remittance, courier products, mail, parcels and, cargo logistics, Impact Hub Manila is now accepting applicants that could offer innovative, disruptive and sustainable ideas for their very first fellowship program.

The ‘Impact Hub Manila Fellowship on Innovation in Mobility with LBC’ aims to discover and cultivate the most innovative business ideas that provide sustainable development in order to promote, support, and implement adaptive solutions to issues of logistics and mobility. “We recognize that there is a great need for a global-minded incubator,which focuses on social enterprises, to support and reinforce the growing and hugely talented sector,” explains LizAn Kuster, one of the co-founders of Impact Hub Manila.

The grand prize includes a twelve month stimulating workspace at Impact Hub Manila, living stipend, and access to seed funding, focused skill development and valuable networks.

  Impact Hub Manila and LBC partnered up to initiate collaboration among established corporations and emerging start-ups. The two realized that collaboration is key to the advancement of mobility innovation and its continued development in the future. Because worsening traffic conditions in Metro Manila contribute to several major problems encountered by Filipinos in their day to day lives, the Fellowship program has decided to focus on finding opportunities and creating innovative solutions to such logistical challenges. These solutions could address the following areas, not limited to the constant dilemma of commuting: energy & resources efficiency in general transport, methods to optimize traffic flow, smarter transportation management, value chain innovation, and improvements to supply and distribution channels.

On October 15, 2015 the idea development workshop is taking place, which supports innovators to improve their concept, they can register now: http://on.fb.me/1NiOlau
The Fellowship will be executed in three phases:

 Application starts from October 1 until November 15, 2015. During this phase, we invite everyone interested to benefit from an ideation workshop, where participants will learn how to conceptualize their ideas with a clear business approach. From all applications received, up to 12 candidates will be invited to a pitching workshop, to prepare them for a presentation in front of a professional jury panel where 3 finalists will be selected. These finalists will then enter the cohort phase.

The cohort phase is an intensive 3-month acceleration phase, targeting the development of a full-fledged business model and/or prototype, as well as other key competences and start-up skills. Furthermore, finalists gain access to a personal coach, valuable networks, and a stimulating workspace at Impact Hub Manila. At the end of this phase, the Impact Hub Fellow will be selected, who will then enter the Incubation phase.

The goal for the Fellow during the 9-month Incubation phase is to build a management team, found a legal entity, develop/test a prototype and/or enter the market, and secure additional funding as well as customer contacts. During this phase, the Fellow receives significant seed funding as well as connections to peer entrepreneurs, mentors, and other beneficial contacts. These relationships, combined with focused skill development and access to a vibrant community of change-makers in an inspiring work atmosphere, will help facilitate the start-up of a thriving social business.

Visit them on www.impacthub.ph and follow Impact Hub Manila (Facebook, Twitter and Youtube).
Located at: Impact Hub Manila, 5th Floor Green Sun, 2285 Chino Roces Avenue Extension, 1231 Makati, Philippines
For more information on the Fellowship and Impact Hub, please contact LizAn Kuster, lizan.kuster@impacthub.net, +63 915 431 04 54
LBC can move it for you: visit them at www.lbcexpress.com, or call telephone +632 8585 999 (Metro Manila), 1 800 10 8585 999 (Provincial), and follow LBCExpress (Facebook and Twitter).
For more information on LBC, please get in touch with Rea L. Gomez, rlgomez@lbcexpress.co

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