IDEASPACE 4TH STARTUP COMPETIT...

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EntryName
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Springboard
Pleaseenterthenameofyourproject/company

DESCRIBEYOURSTARTUP
required
1wordsleft

Anonlineservicethatgivesa360degreereportonsuccessrate
andotherrecommendationstoyourbusinessidea.

Inonesentence,describeyourstartup

WHATINDUSTRYDOYOUFITIN?

ECOMMERCE

required
EDUCATION
ENERGY&CLEANTECH
GAMING
IT&ENTERPRISESOFTWARE
FINANCETECHNOLOGY
MOBILE&WIRELESS
MEDIA&ADVERTISING
SOCIALMEDIA/SOCIALNETWORK
TOURISM
HEALTHCARE&BIOTECHNOLOGY
WATER
SOCIALENTERPRISE
FOOD&AGRICULTURETECHNOLOGY
RETAIL&DISTRIBUTIONSTRATEGY
OTHERS
PLEASECHECKALLTHATAPPLY

IFOTHERS,PLEASESPECIFY:

Status

PRODUCTTYPECATEGORY

SOFTWARE

required
HARDWARE
OTHERS

IFOTHERS,PLEASESPECIFY

WHATSTAGEBESTDESCRIBE
YOURWORKINYOURSTARTUP

IT'SAGREATCONCEPT,WEHAVEASOLIDIDEA

required

YOURIDEA

WHATARETHEPROBLEMSOR
CUSTOMERNEEDSTHATYOUARE
SOLVING?
required
89wordsleft

SimilartoIdeaspacebutdifferentinmethod,weaimtohelpstart
upsandsmallbusinessesbyprovidingaggregatedandanalyzed
informationtoaidintheirdecisionmakingprocess.Weaimtogive
confidenceandinformthemassesoftheirpossiblesuccess(or
failure)oftheirideasandshedlightintheotherwisedarkand
unsurefieldofstartingabusiness.Wealsowanttogive
recommendationsonhowtheycouldmaximizetheirsituation,and
furthergrowevenwhentheresultswereunfavorable.Westriveto
lessentheignoranceandfearoftryingtobecomingan
entrepreneurandconvincethemthattherearemorewaysof
gainingincomeotherthanajob.

WHOAREYOURCUSTOMERS?
required

Smallbusinesslookingtobranchingout,startupsandanyonewe

146wordsleft

canconvincethatentrepreneurshipisthewaytogoforabetterlife!
:)Estimatedsizewillbe50100companies/individuals.Therearea
handfulofcompaniesinthePhilippinessellingmarketintelligence
whoseemtobethrivingwhichmeansthattheideaisdefinitely
profitable.

Whowillbeyourcustomersandtargetmarket?Whatisthe
estimatedsizeofyourtargetmarket?Haveyoutestedyourideato
yourtargetcustomers?Ifsohow(e.g.,survey,FGD,interview,etc)?

WHATISYOURPRODUCTOR
SERVICE?
required
157wordsleft

Wewillbeprovidingmarketintelligencebasedonthelatest
researchonallapplicablefields,themostupdatedpublicly
availableinformationincludinginternetandlocalgovernment
sources,andanewconceptfortheanalysisofallthatdatathrown
inintothemix.

Describeyourproductorservice.Whatvalueareyouofferingforthe
market?

WHOAREYOURCLOSEST
COMPETITORSANDWHATMAKES
YOUDIFFERENTFROMTHEM?
required
75wordsleft

Basedonaquickgooglesearchon"marketresearchcompanies
Philippines".TherearecompaniessuchasPSRC,StrandAsia,
StrategicResearchandDevelopmentCenter,Inc.,PRESTIGE
MARKETRESEARCHSERVICES,TNS(TaylorNelsonSofres)
Philippines,Inc.etc.tonameafew...Ahandfulofthemarebig
(international)whilesomearesmall(localwith100+strong
employees).Wewillbesetapartbyprovidinganautomated
servicebasedonnewconceptsandresearch,thusgivingreports
thatarequicker,accurateandcustomizedtotheirneeds.Wewill
continuouslyresearchonamacroscalethenprovidecustomized
reportsbasedontherequestparticulars.Allofthesearemade
possiblebythenewconceptofinterpretingandpredicting
complicatedsystemssuchashumanbehaviorandinextension,
buyerbehavior.

Pleaseelaborateonyourexistingorpotentialcompetitors,andyour
competitiveadvantages.Ifyouhavecurrentstrategicpartnershipsor
assets,pleasealsodescribe.

HOWWILLYOUSELLYOUR
PRODUCT?
required
178wordsleft

SocialMedia,Grapevine,andGoodService.Wewillstriveto
improveourservicetothepointwhereitwouldspeakforitself.

Whatareyourproposedsourcesofrevenueandhowdoyouplanto
marketyourproductandgetpayingcustomers?

HOWWILLYOUSPENDTHESEED
FUNDINGPROVIDEDBY
IDEASPACE?
required
33wordsleft

1)Hire5ormorewebprogrammers.
2)Hire10ormorefieldandinternetresearchestoservicefirst
Manila,thenexpandasmuchaswecantothewholeofMetro
Manila,thenotherMajorcitiesinthePhilippines.
3)Websiteregistration,developmentandmaintenance
4)Companyregistration,officespacerental/equipment,Legalfees.
5)Researchjournalsubscriptions,R&Dneeds.
6)Travelandlocalgovernmentpartnershipsexpenses.

YOURTEAM

Hi, Ariel!

DOYOUHAVEPASTEXPERIENCE
WORKINGTOGETHERASATEAM?
required
83wordsleft

Wellcurrentlyour'team'isjustmeandmygirlfriendandIthink
we'reworkingwelltogether.

required
178wordsleft

1)Convincingpeoplethatthisisagoodidea.
2)Creatingawellbuiltandresponsivewebservice.
3)Marketingourcompany.
Whatpotentialthreats,risksandchallengeswillyoubefacing?

WHEREDOYOUSEEYOUR
STARTUPIN1YEAR?
required
78wordsleft

Inoneyearweshouldhaveaprototypewebservicewithallofthe
necessarypartstomakeaminimumviableproduct.

Pleasedescribeintermsofscale,marketsizeandgeographical
reachaswellasrevenues

WHEREDOYOUSEEYOUR
STARTUPIN5YEARS?
required
72wordsleft

In5yearsweshouldhavegrowninheadcount,clientconnections,
databaseandservicescopeintermsofgivingthemostpolished
andthoroughbusinessprojectionandrecommendations.
Pleasedescribeintermsofscale,marketsizeandgeographical
reachaswellasrevenues

HAVEYOUAPPLIEDTOTHE
IDEASPACESTARTUP
COMPETITIONINTHEPAST?

NO

required

IFYES,WHATDIDYOUCHANGE
FROMYOURLASTAPPLICATION?
50wordsleft

TERMSANDCONDITIONS
required

IdeaSpace_4thStartupCompetition_Terms&Conditions.p...
Haveyouread,understoodandacceptedourtermsandconditions?
Thisisimportant

HOWDIDYOUHEARABOUTUS?

IDEASPACESTARTUP

required
IDEASPACEEMPLOYEE
SOCIAL/DIGITALMEDIA
IDEASPACEORGANIZED/SUPPORTEDEVENT
TV
RADIO
PRINT
OTHERS

PLEASESPECIFY

Colleaguewithfriendswho'vetriedIdeaspace
Wewouldappreciateifyoucouldreallybespecificonhowyou
foundIdeaSpace.ie.PostatStartupPHFacebookGroup,posterat
27FSmartTower.

Support

WHATCHALLENGESDOYOU
EXPECTINEXECUTINGYOUR
IDEA?

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