A United Vision - QBO Innovation Hub

The founding partners of QBO Innovation Hub, the country’s first public-private initiative for startups, were all present for QBO QNNECT: The QBO App Launch, the official unveiling of a virtual hub developed by QBO with the vision of uniting the Filipino startup ecosystem in the digital sphere. (From L-R: Secretary Fortunato “Boy” de la Peña, the Department of Science and Technology; Katrina Chan, Director, QBO; Assistant Secretary Rafaelita “Fita” Aldaba, the Department of Trade and Industry; Patricia Javier-Gutierrez, Executive Director and Head of Communications, J.P. Morgan; Diane Eustaquio, Executive Director, IdeaSpace Foundation Inc.; and Rene “Butch” Meily, President, QBO.)

QBO Innovation Hub launches new QBO App, now available on iOS and Android

QBO Innovation Hub, the Philippines’ first public-private sector platform for startup companies today launched the QBO App, a new and convenient way for QBO’s community to connect with each other and access QBO’s programs and services, at the City Garden Grand Hotel.  

QBO is supported by a consortium composed of the Department of Science and Technology (DOST), the Department of Trade and Industry (DTI), J.P. Morgan, and IdeaSpace Foundation Inc., a leading incubator of early stage startups established by the First Pacific, PLDT and Metro Pacific group of companies.

The launch was headlined by speakers such as Secretary Fortunato dela Peña of the Department of Science and Technology (DOST); Roberto Panlilio, Senior Country Officer of J.P. Morgan Philippines; Chito Bustamante, founder of Chikka; Justin Hall, Principal Investor at Singaporean venture capital firm, Golden Gate Ventures; and Katrina Chan, Director of QBO. These speakers represent the bleeding-edge pioneers in the local startup ecosystem.

The event was attended by both notable startups in the local ecosystem and top executives and officials from QBO’s partners including Butch Meily and Diane Eustaquio of IdeaSpace Foundation Inc. and Chris Young of First Pacific among others. 

The QBO App is a virtual hub that allows startups to connect with a broader range of entrepreneurs, investors, partners, and other potential resource persons. It’s also an avenue for users to engage in startup-related discussions as well as stay updated with QBO’s events and services. Not bound by geographical or physical limitations, the QBO App enables users to discover and connect with potential partners from regions outside of Metro Manila. 

“This is an exciting time for us, and indeed for the local startup community as a whole. With our app, never has it been easier for our entrepreneurs to access the essential services and resources that will help them take their companies to the next level,” said Katrina Chan, QBO Innovation Hub Director. Chan also added that the app will act as an avenue to more conveniently connect with QBO's roster of experienced mentors and consultants. 

The QBO App features three primary functions. Its QNNECT feature provides access to QBO’s network and connects users with people with whom they can create meaningful partnerships. Through QNNECT, founders can meet other industry players and potential partners; startup enthusiasts can find ways to get started in the industry, or otherwise stay on top of the latest news; and mentors and investors can find new businesses and other potential investments. 

The QLLABORATE feature enables a more active startup community through the QBO App. Through it, users can discover startup-related events across the country, participate in groups to seek advice, discuss trendy topics, and communicate with special guests and speakers. Important resources like government forms, speaker presentations, and other documents can also be downloaded through QLLABORATE.

Finally, with QNTRIBUTE, users can become active members of the startup ecosystem, sharing their news, pushing their own products, and posting photos, links, videos and other startup-related content on a social media-like timeline, as well as give feedback to QBO’s programs and services.  

“Our goal is to help provide opportunities and mentorship for our budding startups, especially those driven by young, tech-savvy entrepreneurs. The convenience of an app will be very appealing to them, and eminently helpful,” said Undersecretary Rowena Cristina L. Guevara of DOST.

QBO’s partners share its passion for supporting local startups. Its collaboration with J.P. Morgan has led to the creation of the elite INQBATION Program, that seeks to develop select, high-potential startups – empowering underserved founders and creating impact for the community.

“With mobile technology continuing to disrupt the business landscape, connectivity helps level the playing field for many of our startups – in terms of access to resources and partners that they can tap as they develop and grow their business. Launching this app is certainly a step in the right direction,” said Roberto L. Panlilio, Senior Country Officer, J.P. Morgan Philippines.   

The QBO App is only the latest development in QBO’s vision of Filipino startups changing the world, and it is available and ready for use on both iOS and Android devices.

For more information about QBO, visit www.qbo.com.ph.

QBO Innovation Hub, The Country's First Public-Private Initiative for Startups, is Set to Launch virtual Hub

The Philippines’ first public-private sector initiative for startups, QBO Innovation Hub (QBO), will launch its own app where startups can connect with top-notch mentors and consultants who can help them grow their business on March 1 at the City Garden Grand Hotel in Makati.
QBO (‘ku-bo’) was formed through a partnership between Ideaspace Foundation Inc., J.P. Morgan, the Department of Science and Technology (DOST), and the Department of Trade and Industry (DTI). It is a platform for the startup community to collaborate, develop talent, and grow. Spurred on by the vision of Filipino startups changing the world, QBO’s mission is to create a globally competitive startup ecosystem in the Philippines. The QBO App is an extension of QBO’s on-ground efforts.
“In this fast-paced, always-on world, we saw the need for startups to get easy access to our services and resources. This is why we created the app,” said Katrina Chan, Director, QBO Innovation Hub.
The QBO App is downloadable on iOS and Android devices (search for ‘QBO Innovation Hub’). It is a digital space where startups and entrepreneurs can come together to connect and collaborate with other players in the startup ecosystem and contribute their own knowledge with the community.

QBO Innovation Hub, the country’s first public-private initiative for startups, is set to launch virtual hub


Access to top-notch mentors

QBO recently launched its impressive mentor roster, consisting of successful startup founders, experienced venture capitalists, and veteran company leaders, among others. They were selected to provide mentorship to startups that qualify for the INQBATION program, which was created in partnership with J.P. Morgan.
The INQBATION program was designed to support highly promising yet underserved Philippine startup companies. Once selected for the program, startups gain access to a customized development program that provides targeted interventions to help them achieve their unique goals, overcome barriers to growth, and scale.
“A significant number of startups fail, and the reasons vary. Among the most common include lack of focus and lack of motivation or commitment. However, there is one factor that proves to be even more dangerous to the success of a startup: the lack of mentorship,” said Rene “Butch” Meily, President, QBO Innovation Hub.
“We didn’t want to waste the great potential we see in a lot of local startups. And we believe that our mentors can help them move forward and grow,” Chan said.
Here are the seven mentors, and why they’re perfect for Philippine startups:
Chito Bustamante, CEO, Chikka Asia, Inc.
The Silicon Valley engineer has enabled Chikka to grow and develop into what it is today. During his term, Chikka was awarded triple ISO certifications and a rare CMMI maturity level 5, which is the highest in the industry. Aside from being a CEO, Bustamante is actively taking on mentorship roles to help young startup founders succeed. 


QBO Innovation Hub, the country’s first public-private initiative for startups, is set to launch virtual hub


Ambar Machfoedy, Managing Partner, Rekanext Venture Capital Partners.
In his current role, Machfoedy manages a Singapore-based Venture Capital firm that is focused on a portfolio of technology ventures that target Southeast Asian markets. Machfoedy is also well versed in analyzing and assessing deals, conducting due diligence, and executing exit strategies via IPOs/M&As, all of which are important for any startup founder. 


Joey Vilar, Head of Marketing Services & OIC of Market Education, Philippine Stock Exchange (PSE).
Running a successful startup requires a good understanding of financial matters. Recruiting a mentor who has a strong background in finance spells the difference between a successful startup and a floundering one. Vilar, who has been at the helm of the PSE’s marketing services and market education for 10 years, is the perfect match for any startup that wants access to financial knowledge. 


Jojy Azurin, Founder and CEO of Horsepower.ph. Azurin has co-founded a number of startups as well as IT companies. He has pioneered tech companies in the fields of BPO, IT outsourcing, online content publishing, and eCommerce. He is also co-director at Manila Chapter of Founder Institute, the world’s largest startup incubator. A seasoned leader and entrepreneur like him can definitely help any startup founder navigate the choppy startup waters.

Francis Simisim, CEO of Social Light, Inc.
Simisim’s experience as an entrepreneur through various startups such as WhenInManila, Blogapalooza, and Social Light, Inc. is valuable to any fledgling startup. His current position as partner at a Philippine-based VC firm, Original Pitch Venture Capital, can give startup founders invaluable insight when it comes to pitching to potential investors and coming up with out-of-the-box creative solutions. 

QBO Innovation Hub, the country’s first public-private initiative for startups, is set to launch virtual hub


Noel Lorenzana, a Venture Capitalist with years of experience in key leadership positions 
Insight from someone who has successful experience in various posts as CEO, COO, President, and Managing Director and served in various roles across functions in General Management, Marketing, Sales, Operations, and Innovation Management is gold for anyone who is just starting out. Lorenzana has weathered many challenges as an executive, making him the perfect mentor for newbie founders. 


Joseph Lacson, Chief Investment Officer at Metro Pacific Investments Corporation Lacson has accrued various leadership experiences spanning a wide range of departments in his 20 years of professional experience. Currently, he is the CIO of Metro Pacific Investments. He has also been at the helm of many sales and marketing departments, as well as strategy and business development. Insights from someone who has experience in moving and growing various companies can prove helpful to anyone just starting out.
Starting March 1, QBO startups will have unfettered access to these mentors and more through the QBO App.

For more information about QBO’s INQBATION program, please visit www.qbo.com.ph.

*This is Press Release