Wazzup Pilipinas!
About 16 million people in the Philippines, according to published report, still do not have access to electricity, forming part of the 130 million in Southeast Asia who still live in the dark.
Indeed when we talk about poverty, most are focused solely on financial poverty but staggering numbers show that it is also in the barest necessity like electricity that people continue to be deprived of. Having identified such an issue, the pressing question lies in how are we solving it?
With a growing interest in battling climate change, it has been imperative for many impact-minded organizations to stand together to do its share in promoting energy entrepreneurship.
Eradicating Energy Poverty
After an application period of 5 weeks, 16 teams were pre-selected by the experts from Impact Hub Manila, PEF and WWF through a gruelling deliberation on July 28, 2016. The chosen entreprenuers were then given the opportunity to pitch before a jury panel. These judges awarded the 6 to 8 teams and gave them the opportunity to be part of the Cohort Phase.
The
jury members were:
● Atty. Angela
Ibay, Climate Change and Energy Programme Head of WWF-Philippines,
●
Ricardo D. Soto,
Sr. Portfolio Officer of Peace & Equity Foundation;
● Mathias Jaeggi,
co-Founder of Impact Hub Manila.
The Pitch Day, held on August 6, 2016 at one of Impact Hub Manila’s newest locations in KMC Solutions, Uptown Tower, BGC, brought together some of the most innovative ideas on energy.
Since the launch on June 16, 2016, the dynamic people behind PEF, WWF and Impact Hub Manila pulled no stops just to find the best entrepreneurial idea in energy. Through this period, various workshops were conducted to help the entrepreneurs build on their ideas, fine tune their presentations and hone their pitching skills.
LizAn Kuster, co-Founder Impact Hub mentioned, “as an incubator and the goal bringing entrepreneurs further, it is inspiring to see all the applicants get better in such a short period of time.”
In an effort to optimize their time of search, they activated the crowdsourcing platform called crowdicity.com to best encourage the entrepreneurs to submit and showcase their ideas. The focus of the search was on renewable energy; energy efficiency, access to energy and offgrid solutions, energy systems plus energy consumption reduction. In the end, over 50 ideas and business entrepreneurs applied.
Collaboration breeds Innovation
LizAn Kuster, co-Founder Impact Hub mentioned, “as an incubator and the goal bringing entrepreneurs further, it is inspiring to see all the applicants get better in such a short period of time.”
In an effort to optimize their time of search, they activated the crowdsourcing platform called crowdicity.com to best encourage the entrepreneurs to submit and showcase their ideas. The focus of the search was on renewable energy; energy efficiency, access to energy and offgrid solutions, energy systems plus energy consumption reduction. In the end, over 50 ideas and business entrepreneurs applied.
Director
for Sustainable Production and Market Engagement
WWF Philippines said, “we are delighted of the turnout, the diversity and quality of startups in a niche market such as energy.”
The winning teams who will advance to the Cohort stage will undergo an intensive bootcamp, called Kick Program, organized by Impact Hub Manila, PEF and WWF-Philippines, with partners such as the Asian Development Bank. The training will include topics on business model canvas, customer discovery and targeting, business strategy and lean methodology with a day-by-day schedule, daily exercises, and a full online/flipped educational course access. “Through the Cohort stage, the teams will be guided on building the business aspect of their enterprise and at the same time this allows us to determine which teams deserve the seed funding the most,” said Mr. Robert Calingo, Executive Director of the Peace & Equity Foundation.
The teams will have the chance to win more than ₱2.5 million worth of fellowship prizes including the business training in the Cohort stage . The rest includes ₱1.5 million seed funding, other forms of training, mentorship, access to Impact Hub Manila’s flexible work spaces and valuable network.
The other 8 teams that didn’t made the cut are Sustainable Alternative Lighting (SALt), Electric Jeepney by Solaric, 3D PrintEarth, Educating Engineers by E2T2 Corporation, iSense, Gaia Dam by Aviscus Corporation, Martian Farming for Dummies by Techaguru, and Solar Nett. The Cohort winners will have their first business session on August 23, 2016 from 6:30 to 9:00 PM which will also be attended by the media.
A rigorous training for 6 weeks await the teams that aims to further refine their business models, preparing them for the final pitching day where 2 to 3 ideas will be awarded as the Impact Hub Fellows.
Set on October 6, 2016, the Final Pitch Day will propel the winners to even greater stakes as they go through the Incubation Phase from November 2016 to April 2017. During this phase, the Fellows will undergo further training to make sure they are investment and scaling ready.
The winning teams who will advance to the Cohort stage will undergo an intensive bootcamp, called Kick Program, organized by Impact Hub Manila, PEF and WWF-Philippines, with partners such as the Asian Development Bank. The training will include topics on business model canvas, customer discovery and targeting, business strategy and lean methodology with a day-by-day schedule, daily exercises, and a full online/flipped educational course access. “Through the Cohort stage, the teams will be guided on building the business aspect of their enterprise and at the same time this allows us to determine which teams deserve the seed funding the most,” said Mr. Robert Calingo, Executive Director of the Peace & Equity Foundation.
The teams will have the chance to win more than ₱2.5 million worth of fellowship prizes including the business training in the Cohort stage . The rest includes ₱1.5 million seed funding, other forms of training, mentorship, access to Impact Hub Manila’s flexible work spaces and valuable network.
Cohort Finalists Announced
The
selected teams are:
○ The team aims to
provide heat-driven refrigeration and air-conditioning system in order to
significantly reduce costs by cutting electric consumption.
○ The team converts
water hyacinth and agricultural waste into cooking energy like briquettes for
low-income communities.
○ RE Analytics
provides highly accurate energy forecasts through machine learning and superior
climate analytics. Through this, RE Analytics envisions renewable energy
integration in the Philippines and Southeast Asia.
○ The team provides
solar energy station or facility focused on empowering local communities by
providing them lighting, water purification, mobile charging and refrigeration
systems.
○ This startup
makes kinetic wind sculptures that produce electricity. The teams believes that
by combining art and energy production through renewable energy, it will help
communities generate their own electricity.
○ The
team provides a home biogas systems to be used to decompose kitchen wastes to
provide energy for cooking and fertilizers as by-product.
○ The team provides
bicycles that convert the rotatory motion to electrical energy in a multitude
of uses as a shredder, food processor, washing machine, and spinning wheel. It
aims to help low-income families be empowered by earning an income and help the
environment.
○ The team offers
an logistical solution for deliveries by use of electric motorcycles and a battery
swapping station at key location points convenient when making a delivery.
A rigorous training for 6 weeks await the teams that aims to further refine their business models, preparing them for the final pitching day where 2 to 3 ideas will be awarded as the Impact Hub Fellows.
Set on October 6, 2016, the Final Pitch Day will propel the winners to even greater stakes as they go through the Incubation Phase from November 2016 to April 2017. During this phase, the Fellows will undergo further training to make sure they are investment and scaling ready.
Ross is known as the Pambansang Blogger ng Pilipinas - An Information and Communication Technology (ICT) Professional by profession and a Social Media Evangelist by heart.
stylish and unique Vehicle Wraps!
ReplyDeleteThe team offers an logistical solution for deliveries by use of electric motorcycles and a battery swapping station at key location points convenient when making a delivery. bathroom contractor
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