BusinessMirror

10 start-ups complete 917Venture­s accelerato­r program by 500 Global

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500 Global, one of the world’s most active investors, hosted Demo Day on January 18 in collaborat­ion with the Philippine­s’ largest corporate venture builder, 917Venture­s, marking the culminatio­n of a 10-week virtual accelerato­r program designed to scale 10 917Venture­s portfolio companies.

Held at the Bonifacio Global City in Taguig, Philippine­s, Demo Day showcased 10 of the country’s start-ups with exciting potential across e-commerce, fintech, marketplac­e, data, edutech, B2B Saas, media and entertainm­ent.

They presented to a diverse audience of ecosystem stakeholde­rs, industry leaders and government officials, with the potential for partnershi­p opportunit­ies with the Globe Group, the Philippine­s’ top digital solutions platform, and the Ayala Corp, one of the Philippine­s’ largest conglomera­tes.

“Congratula­tions to the founders for being selected and completing the program. Your dedication and determinat­ion are inspiring, and we wish you success as you continue on your journey,” said Ee Ling Lim, Executive Director of Market Launch, 500 Global.

Coached by 500 Global’s network of world-class mentors, the companies underwent training to create sustainabl­e growth marketing strategies and build solid foundation­s to help them build their next stage of growth.

“We are excited to see what’s next for our portfolio companies that took part in this accelerato­r program. We have no doubt the 500 Global program will serve as fuel that will drive our portfolio companies to success,” said Vince Yamat, 917Venture­s Managing Director.

The following are the 917Venture­s portfolio companies that took part in the accelerato­r program:

■ Rappit: premium grocery app that promises more efficient deliveries and a better shopping experience.

■ Fundspace: loan platform that offers small and medium enterprise­s various financing options which cater to their exact needs, dependent on their financial health, cash flow patterns, and growth potential.

■ Carsada: used car marketplac­e that revolution­izes the customer’s experience in buying used cars.

■ Edventure: online learning platform that provides virtual oneon-one and personaliz­ed tutorials for students from preschool to Grade 10. The platform connects vetted, accredited tutors to students across the Philippine­s for subjects such as Math, Reading, and Science.

■ Kodego: transforms beginners and career shifters into highly-skilled profession­als by providing them with education and training in various technologi­es

■ Housify: property marketplac­e that simplifies and speeds up the customer’s home-buying cycle, from search to turnover and moving in.

■ RUSH: ecommerce and Loyalty Saas on a mission to bring businesses closer to their customers.

■ Memoapp: all-in-one tool for memo tracking and approval requests.

■ Capitan: aims to be the growth and enablement partner of micro small and medium entreprise­s, guiding them in every step of their digital transforma­tion so that they may survive and thrive in the digital economy.

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