CEREBRO Startup Challenge

Application period: January 22 - March 23, 2018

Who can join? Startups who have not received any venture capital, uses technology to innovate and rapidly scale and willing to participate in Cerebro’s incubation program are welcome to join.

Only a maximum of 4 members of the team will be allowed to participate in the incubation program. No age limit but minors who participate must submit written parental consent together with their application. Open to all nationalities subject to compliance with immigration and other pertinent laws by foreign nationals.

Prizes:

The selected startups will receive pre-seed grant of Php60,000 cash and enter Cerebro Lab’s Incubation Program, a six-week intensive training and mentoring program where the following support services worth around Php 1,000,000 will be provided:

  • Co-work space
  • Shared office equipment
  • Communication and internet services
  • Business, Marketing, Legal and Financial consulting
  • Free access to seminars, workshops and other special events
  • One-on-one sessions with Cerebro’s full-time, Silicon Valley-trained staff
  • Access to Cerebro Lab’s startup community and network of local and international investors and corporate partners
  • Other services which Cerebro Labs may find necessary in the successful incubation of a particular startup


Top graduates
 of the Incubation Program will have the chance to enter the Cerebro Labs Acceleration Program where a seed fund amounting to a minimum of Php500,000 plus Php2,000,000 worth of support services will be provided.

Selection Process:

Application will be online through Cerebro’s website. Applicants are required to answer the set of questions provided in the application. Answers to these questions will be used in the initial screening and those who pass will be interviewed by the Cerebro Team to determine the top challengers.

Entries will be judged according to the following criteria:

Creativity – refers to the originality, novelty and appeal of the value proposition. It must contain a demonstrated differentiation from existing products or services or an entirely new disruptive one and must be difficult to copy or replicate.

Functionality – refers to how well the idea presented addresses the problem it seeks to solve and its usability or ease of use as well as its function in the daily lives of intended customers

Potential for growth – refers to target market, marketing plan, strategy for scaling and the degree of financial growth the product/services can bring

Founder or team – Expertise, cohesiveness, commitment and strategy to attract more talent when needed.

Choice of top challengers shall be final and subject to the discretion of the Cerebro team. Not more than 4 members of the selected teams will be allowed to physically participate in the incubation program. In joining the challenge, applicants agree to the public presentation of their ideas.

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AGRITECH

Agriculture combined with technology can produce outstanding results.

Tell us your game-changing agritech business idea and have a chance to get funding of up to PHP 500,000 and PHP 2M worth of help and support services to make sure you succeed (office space, mentorship, legal and financial advice, and more!)

MOBILITY & TRANSPORTATION

Got a bright idea on how we could address our worsening traffic in the city? Or maybe a service to improve mobility in Manila?

BANKING AND FINANCE

According to BSP in 2017, 86% of Filipino households still don't have bank accounts.

Got an idea on how to promote financial inclusion in the Philippines through technology?

IoT AND WEARABLES

Do you have a cutting-edge idea or business plan on the use of IoT and wearables to improve our lives?

We could help you materialize your idea! Win up to PHP 500,000 seed funding and PHP 2 million worth of support services.

eCOMMERCE

What do you think is the future of eCommerce?

AI & MACHINE LEARNING

Do you have what it takes to be one of the Philippines' emerging startups on artificial intelligence and machine learning?

AUGMENTED / VIRTUAL REALITY

Are you a VR or AR startup? Got a business idea on how these technologies can be used in different industries in the future?

SMART DATA

In the digital world, data is everything.

Do you have a data science startup idea that could potentially improve people's lives? Or a startup idea on data protection and cybersecurity?

HEALTH TECH

How can we make healthcare more accessible to Filipinos through technology?

If you have a promising startup idea, join the Cerebro Startup Challenge now!

Cerebro Labs

A big thanks to everyone who submitted their entries to the first ever Cerebro Startup Challenge!

We got more than 200 entries containing really interesting startup ideas. Due to the competitive nature of the challenge, only shortlisted applicants will be contacted for the next stage of the competition.