Monday, 05 March 2018 07:44

This Manila incubator is merging brick-and-mortar businesses with startups

Written by Joie Cruz
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This Manila incubator is merging brick-and-mortar businesses with startups This Manila incubator is merging brick-and-mortar businesses with startups Cerebro Labs

Manila, Philippines – Cerebro Labs, the newest incubator in Manila, is on a mission to enable collaboration between traditional businesses and startups.

Founded by seasoned professionals with backgrounds in law, accounting, and engineering, Cerebro Labs is not your typical startup incubator.

“We came from traditional professional practice and industries. We have worked in both the private sector and public sector and have more than 100 years of combined experiences,” said Atty. May Quizan, Planning and Innovation Director of Cerebro Labs.

Quizan says that while they are transitioning from conventional industries to technology-driven businesses, they hope to impart their knowledge and expertise to millennial startup entrepreneurs. According to Cerebro Labs, they believe one of the keys to startup success is striking a balance between creativity and practicality.

Along with the decades of experience of the team in various industries, Cerebro Labs also brings along the team's wide network of people from brick-and-mortar businesses and corporations, including real estate, banking, and finance, retail, construction and so on.

Cerebro Labs also seeks to generate more opportunities for Filipino graduates so that they no longer need to find better options abroad.

The incubator has opened its first startup challenge last January. Winners of the competition will have the chance to win up to PHP 500,000 seed funding and up to PHP 2 million worth of support services including mentoring, office space, and access to Cerebro’s network to different industries.

For those interested to apply to the startup competition, visit www.cerebrolabs.io/startup-incubation.


Read 551 times Last modified on Thursday, 14 June 2018 03:59