Bahay Kubo (Nipa Hut) is an indigeneous stilt house usually made light materials like kawayan and nipa for roof. It is a well-known Philippine cultural icon that represents bayanihan or teamwork.
Bahay Kubo are once usually carried by neighbors to transfer location, hence, teamwork and just like the humble one-room house that inspired the name, QBO (‘ku-bo’), it represents bayanihan or teamwork. They are welcoming entrepreneurs, talents, and mentors and investors alike to come together and make ideas flourish, showcase Filipino innovation, and build great companies.
QBO (‘ku-bo’) is an innovation hub, or a platform for the startup community to collaborate, develop talent, and grow. It provide startups with support and resources through events and capacity building programs as well as focused interventions designed to improve access to markets, knowledge, capital, and talent. QBO is the country’s first public-private initiative for startups, created through a partnership between IdeaSpace, J.P. Morgan, DOST, and DTI. Spurred on by the vision of Filipinos startups changing the world, QBO’s mission is to create a globally competitive startup ecosystem in the Philippines.
QBO VISION: Filipino startups changing the world.
QBO MISSION: Developing a globally competitive startup ecosystem in the Philippines by encouraging collaboration between the public and private sectors, developing the startup community and providing business incubation from ideation to exit.
To fulfill their mission to develop a globally competitive startup ecosystem, they believe in three core actions to achieve it:
TO ENCOURAGE QLLABORATION
TO DEVELOP THE STARTUP QMMUNITY
TO ASSIST IN INQBATION
Confident and optimistic, with plans ranging from conducting initial public offering (IPO) to tapping new markets within and outside the Philippines. To achieve their goals, they want to make their businesses sustainable through improved tax incentives, greater ease in doing business, and better access to capital. QBO recently launched the first ever Start Up Survey in the Philippines. Read more about the results and potentials here.
QLITAN. Networking events
Yesterday, QBO held a Qlitan Networking Events with the media and bloggers. These kinds of Qlitan are hosting regular networking events that also feature guest speakers for startup community to discover, collaborate, and bounce ideas off of each other. Yesterday’s qlitan was graced by Ms. Nora K. Terrado, Undersecretary of Department of Trade and Industry, the QBO Philippines & Ideaspace Foundation President himself, Mr. Rene “Butch” Meily, PwC Philippines and Isla Lipana Chairman and Senior Partner, Atty. Alexander Cabrera, and Ms. Jane Roxas-Divinagracia, Deals and Corporate Finance Managing Partner of PwC Philippines and Isla Lipana.
Ms. Katrina Rausa Chan, Director of QBO Philippines introduced the Audience to QBO Philippines, followed by welcome remarks from the QBO Philippines President Meily. The 2017 Philippine StartUp Survey Media Briefing also showed remarks from the companies that supports this first ever StartUp in the Philippines which includes Department of Trade and Industry, IdeaSpace Foundation and PwC Philippines.
Aside from Qlitan, QBO also hold the following:
BASIQS. Introductory classes
We conduct classes that run through the fundamentals of initiating a startup for those who are new to the scene and are exploring putting up their own venture.
WORQSHOPS. Specialized workshops
We offer in-depth workshops on a range of topics like branding, marketing, and fundraising to shed more light on specialized topics and provide actionable learnings.
FEEDBAQ. Feedback and mentorships sessions
We provide an avenue for startups to receive insight on different aspects of their business through small group sessions with peers and our network of mentors and industry leaders.
SHOWQASE. Investor pitch
We set up sessions where startups get the opportunity to pitch their ideas to top angel investors, venture capitalists, and corporations for a chance to get funded or secure partnerships.
QONSULTATION. Consultation services
We equip startups with expert advice and practical tips through individual consultation services on government-related matters as well as legal, financial, and design concerns with top firms.
QBO HQ. Co-working space
We provide members of our QMMUNITY access to our headquarters to use as a co-working space or a venue to host meetings, workshops, and other startup-related events.
INQBATION. Incubation Program
We offer select startups the opportunity to be considered for INQBATION, a program created in partnership with J.P. Morgan that provides customized mentorship and other resources based on a startup’s specific needs.
I learned that 4 of the Top 5 Companies in the world are under Technology section, that includes, and in order 1- Apple, 2-Google. 3 Microsoft and 4 Amazon. What’s amazing about these giant companies is that they are open to StartUps!
Some qualifications for StartUps are the high growth and huge potential of product, financially engaged to technology, an innovation/business style that could attract incubators, excellarators and investors. It should also be at least 5 years or younger, enabled by technology like apps with digital components or bio-tech and is applying the latest advanced materials ready for modeling for customer experience with high scalability.
If you have ideas lighting in your head, join the QBO StartUp Qmunnity today!
Find out more about QBOPhilippines! Email them at firstname.lastname@example.org
Visit QBO Philippines’ Official Website: http://www.qbo.com.ph