Up to USD120K in funding offered for the best Pinoy tech innovations

Just in, Philippine startup accelerator IdeaSpace today launched its national competition in search of the country’s top ideas for technology entrepreneurship. This is just after IdeaSpace teamed up with a few other organizations to run a tech startup bootcamp in May.

For this competition, aspiring technopreneurs and startups can start submitting their applications for the contest starting September 1 until January 7 next year. Winners will be announced by April 2013 and they will undergo incubation for six months: 10 tech-based ideas will receive funding and support worth PhP2M (USD 48K) for the first phase and up to PhP5M (USD 120K) additional capital during or after six months into the program.