IdeaSpace Foundation has just finished its 2020 acceleration program, and three companies have caught the startup support firm’s attention. The standouts include AgriTech startup Agro-Digital PH, sustainability startup Humble, and HRTech startup Workbean. Each of the startups will be receiving around $20,800 (PhP1 million) as an investment from IdeaSpace.

“This year’s batch has proven that the caliber of startups coming out of the Philippine ecosystem has been improving and that local startup support organizations are doing an excellent job at preparing startups for the next phase of their startup journey. We’re excited to support this cohort’s growth and development with resources from our donors and partners,” said Diane Eustaquio, Executive Director of IdeaSpace.

Agro-Digital PH is an AgriTech startup that provides digital solutions for both farmers and consumers. The startup helps out local farming communities by organizing cooperatives, associations, and local government units who want to help the farmers. Through this, farming communities under the startup will be able to produce consistent results across the board. Having produced similar products, the virtual aggregation of farmers will help them fulfil any large volumes that consumers or businesses would require.

Humble is a startup that helps people work towards a circular and sustainable lifestyle. It helps declutter homes by taking things that people have no use for and reusing or repurposing the pieces. Through its platform, users can book an appointment online for pick-up.

Lastly, Workbean is a HRTech startup that offers a platform to help professionals to find the perfect fit for their careers. The startup aims to be Asia’s largest directory of company cultures.

Butch Meily, President of IdeaSpace, said: “These three teams have shown tremendous growth throughout the acceleration program. They address urgent and emerging problems while creating new opportunities for industries.”

With the 2020 accelerator batch graduating, IdeaSpace will be accepting new applicants for its 2021 program. It is currently considering local startups in HealthTech, MedTech, AgriTech, FoodTech, EdTech FinTech, e-commerce and logistics, media and entertainment, and business-to-business operations.

IdeaSpace, which runs both an incubator and accelerator program, is also encouraging Filipino entrepreneurs abroad to consider setting up in the Philippines or doing business with the local market. IdeaSpace will be continuing this year’s program with its 100 percent virtual curriculum.

According to the IdeaSpace website, the accelerator has supported 107 startups so far, with at least 300 entrepreneurs mentored and supported since its launch in 2012 as a nonprofit organization. It has deployed $3.74 million (PhP 180 million) in startup and ecosystem support in the Philippines. Its active portfolio startups have earned $7.08 million (PhP 338 million) in gross revenue as of 2019. IdeaSpace alumni and startups employ 487 people, 43.53 percent of whom are women.

Featured image credits: IdeaSpace, Unsplash