8 startups at Hack2Hatch in Philippines to receive PHP100,000 each in seed money
October 8, 2012 by Terence LEE
Eight startups in the Philippines will receive PHP100,000 (USD2,414) in seed money after winning the inaugural Hack2Hatch, a weekend entrepreneurship camp in Cebu that culminated in a pitch competition. The event was held on 5-7 October.
Hack2Hatch was organized by PhilDev, a non-profit to that promotes tech innovation in the Philippines, and DevCon, a non-profit that promotes Pinoy IT talent. The 8 startups were whittled down from 22 finalists.
The event is part of the Silicon Valley Comes to the Philippines series, which ends on 8 October with PhilDev’s Harnessing Filipino Innovation and Entrepreneurship forum in Makati City.
A key component of Hack2Hatch was the one-to-one mentorship sessions with established entrepreneurs. They include: Dado Banatao, chair of PhilDev and managing partner of Tallwood VC, Winston Damarillo, founder and CEO of Morphlabs, founder and chair of Exist, Catherine Buan Peterson, president of PhilDev, and Sheila Marcelo, founder & CEO of Care.com.
The Filipino startup scene has been buzzing of late: The event is just one of many initiatives held this year to promote tech entrepreneurship in the country.
Several Startup Weekends have been organized in Manila and Cebu, and Davao is scheduled to hold its first one. The On3 Finals, a nationwide startup pitch competition, concluded in July with 6 winners.
The result of these events is a wave of new startups, some of which could go on to receive more support from the country’s new incubators, like Launchgarage and Ideaspace. We will likely hear more from them very soon.
Here’s a look at the 8 winners of Hack2Hatch:
Orchestrack: According to WebGeek.ph, Orchestrack is a “web app developed on top of a Broadcast Monitoring System which automatically captures broadcast feeds from TV or radio for identification of associated content… It has the capacity to identify whether the broadcasted content is an advertising material or music. Along with that, it can track and audit broadcast content, detect copyright claims, monitor airplay competition, and review airplay data.”
Bolooka: It operates a social commerce platform that lets merchants create their own e-commerce websites, post products in an online marketplace, and connect with shoppers. Read: Interview with Marc and Bianca Media, co-founders of Bolooka.
FamilyKo: The startup (formerly called HobbyMash) is currently developing a web and mobile app that enables parents to read story books, play games, and engage in other activities with their children. Read: Product feature on SGE. Also check out its live pitch.
H1RED: A company that aims to match a person’s traits with the best career path.
MRTtrackr: A mobile app that informs users about train itinerary, the nearest train station, and estimated crowds on each train station. The information is gathered via crowdsourcing. Its moving towards open beta.
Pancake Servers: The company enables community-made gaming servers hosted on cloud drives.
Pinoy Auto Trader: The startup is working on an online car marketplace.
staffwisely: An online staff marketplace for IT Outsourcing companies to list their idle staff. Potential clients can also look for contractors to augment their teams and reduce overhead costs.
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About The Author
Terence LEE - Editor
Terence writes mainly about technology trends and startups in Asia. He believes in crafting smart content: Not just a regurgitation of text, but well thought-out pieces that serve the reader using a combination of data, design, narratives, analysis, and visual impact. His articles have been published on Venturebeat, Yahoo!, Straits Times, Today, and The Online Citizen. He also co-founded NewNation.sg, a satirical news site covering Singapore affairs. Engage him on LinkedIn and Twitter.Read other posts by Terence LEE