MANILA, Philippines – Innovating, disrupting and being sustainable is the way to success. While Tesla invested their resources to build electric cars and stations and becoming one of the leading sustainable car brands globally, Volkswagen invested in a diesel-emissions scandal.
To create smart, entrepreneurial innovations, which have a positive impact LBC Express partners with Impact Hub Manila to launch the start-up incubator’s 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.
Applications are now open for the “Impact Hub Fellowship on Innovation in Mobility with LBC.” To pioneer Impact Hub Manila’s Fellowship programs, they are looking for entrepreneurial ideas on mobility, offering participants a chance to win more than P1 Million worth of fellowship prizes and earn guidance from a community of professionals and supporting corporations. 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. “We are supporting entrepreneurs, without taking any shares, to ensure the growth of the companies,” LizAn Kuster is highlighting.
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.
“As a company that prides itself in continuously seeking ways to transform the industry and pioneer new ways to improve our service, we wanted to become part of the Impact Hub initiative that will cultivate ingenuity and help participants focus it into something tangible,” says Dino G. Araneta, Chief Strategy & Innovation Officer of LBC.
The application is open for individuals or teams anywhere in the world. However, they should be able to work in Manila, where the fellowship will take place. Interested innovators may apply at http://www.impacthub.ph/program-fellowship.
Furthermore, 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:
PHASE 1: CAMPAIGN & APPLICATION
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.
PHASE 2: COHORT
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.
PHASE 3: INCUBATION
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. For more details about the Fellowship, please check our website at http://www.impacthub.ph/program-fellowship.
About Impact Hub Manila
Impact Hub Manila is an incubator, coworking and events space for a membership community of entrepreneurs, activists, creatives, and professionals taking action to drive positive social and environmental change. Since their opening on June 1, 2015 they welcomed more than 2000 innovators, held over 40 events and count 100+ Hubbers. With 11,000+ members in 73+ Impact Hubs across the world and 30 in the making, the Impact Hub Network has become the center of gravity for people innovating a new kind of economy. Locally rooted and globally connected. Now, they are taking the next step to foster sustainable innovation and empower entrepreneurs. The Fellowship in Innovation in Mobility with LBC will be the first in a series of annual innovation and incubation programs. Visit us on http://www.impacthub.ph and follow Impact Hub Manila (Facebook, Twitter and Youtube).
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,
email@example.com, +63 915 431 04 54
About LBC Express
LBC Express, Inc. is the Philippines’ market leader in payments, remittance, courier products, mail, parcels and, cargo logistics. Through a global presence in over 30 countries in Asia-Pacific, North
America, the Middle East and Europe, LBC Express’ network of 4,400 locations, partners, and agents is growing steadily, and commits to moving lives, businesses, and communities in the Philippines and across the globe. Founded in 1945 as a brokerage and air cargo agent, LBC Express pioneered time sensitive cargo delivery and 24-hour door-to-door delivery in the Philippines. Today, it is the most admired and trusted courier, cargo, and remittance service of millions of Filipinos, an iconic and global Filipino brand. LBC can move it for you: visit us at http://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, firstname.lastname@example.org.