Thursday, July 14, 2016

Impact Hub Fellowship on Sustainable Energy Solutions with WWF and PEF

Wazzup Pilipinas!

The deadline, July 24, 2016, of the Impact Hub Fellowship on Sustainable Energy Solutions with World Wide Fund for Nature (WWF) and Peace and Equity Foundation (PEF) is fast approaching.

With the aim to build a better Philippines by searching for innovations in the energy field, specifically Renewable energy, Energy efficiency, Access to energy (off-grid solutions), Energy systems, Energy reduction, and basically anything which has to do with energy, the fellowship encourages everyone to come forth with innovative solutions.

The highlights of ideas and enterprises who applied in the last weeks (Powergrass, BioCoal and Sustainable Alternative Lighting – SALt) are on the crowdicity page:

PEF, WWF together with Impact Hub Manila supports the best and most innovative ideas and business enterprises which address the need for sustainable energy solutions through the Impact Hub Fellowship Program. It is an incubation program for startups which focus on renewable energy; energy efficiency, access to energy and off­grid solutions, energy systems plus energy consumption reduction. WWF Philippines President & CEO Joel Palma said, “With our partners, we are excited to search for innovative ideas and enterprises which are aligned with our core values and objectives.” 

The Fellowship program is designed to attract, select and support impact­oriented entrepreneurs and help them realize their innovations for a more sustainable world. “Being topic focused in our delivery of fellowship programsis unique in the incubator / accelerator space and ensures that we are targeting the key pressing,” said Lizan Kuster, co­founder of ImpactHub Manila. Participants are given the chance to winmore than₱​2.5 million worth of fellowship prizes. This includes ₱1.5 million seed funding, skill development trainings, mentorship, access to a stimulating workspace at Impact Hub Manila and valuable networks. “We doubled and tripled the number of fellows we will support for this year from just one startup team the last time which enables us to support more entrepreneurs,” Kuster added. 

Aspiring entrepreneurs or early­stage startups are welcome to apply,though the startup teams applying must be able to register their business in the Philippines and be able to work and live in the Philippines as well. Applications were open from June 16, 2016 until July 24, 2016 on­fellowship­energy­wwf­pef. Impact Hub Manila in collaboration with WWF and PEF conducted idea development workshop on June 22, 2016 and pitching workshop until July 21, 2016. The teams must submit their business plan as an entry for the Fellowship Program. Fifteen startups will be chosen to pitch in front of a panel of judges. The selected six to eight startups will participate in a six­ week business training program, called the Kick Program. Two to three teams will be selected as winning fellows of the program. These fellows will be incubated for six months. At the incubation phase,the Fellows will undergo further training to have their enterprise be ready for investment, and further customer validation of their product or service network.

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