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Horsepower Chosen to Advance to Global Finals in the 1776 Challenge Cup Competition in Washington D.C
The Philippine startup Horsepower, who won at the 1776 local startup competition organized by Young Entrepreneurs Society last December 1, will advance to the 1776 Global Finals at Washington D.C after they were chosen as one of the five winners from East Asian Challenge Cup Regional in Tokyo, Japan last February 25.
The five winning startups were chosen from hundreds of competitors from cities across the region; now move on to represent their countries on the worldwide stage at the Challenge Cup Global Finals in Washington, D.C. taking place in June.
Horsepower is a FinTech startup company that empowers self-employed freelancers and small to medium-sized enterprises with the following services: bill payments, online government contributions, co-working spaces, healthcare plans, insurance plans, accounting, and more.
The other winners are DOT Incorporation from South Korea, Molcure from Japan, Pickatale from China and SKOOTAR from Thailand.
Challenge Cup is an annual global tournament spanning over 50 cities and covering every continent, to find, fund and spotlight highly-scalable startups with potentially transformative solutions our world’s most pressing challenges.
YES Philippines ties up with AIESEC in the Philippines
Young Entrepreneurs Society recently ties up with AIESEC in the Philippines as a Full Partner Organization for their newly launched program called Youth Speak network last January 8, 2016.Youth Speak Network aims to tap and gather all organizations in the country to create impact in the Philippines by being action-oriented, collaborative and developing leadership.
“Partnering with an international group like AIESEC is such a big privilege for YES Philippines and its community. It’s also a milestone for YES as it is starting to expand its network locally and globally and the opportunity to partner with big organization that could strengthen more the advocacies and mission of YES”, says Mr. Henry Ong, YES Philippines Director.
By being part of the Youth Speak Network under AIESEC, YES Philippines community will enjoy a lot of benefits from its AIESEC programs.
AIESEC in the Philippines is the world’s largest youth-driven organization. It offers leadership training and international internships which develop its members personally and professionally.
As YES Philippines continues to seek ways how to serve better its members and partners, this 2016, expect YES Philippines and AIESEC projects in the future.
GEW Celebration in the Philippines Highlights Failing Forward Conference
Failing Forward Conference takes center stage during the week-long celebration of Global Entrepreneurship Week here in the Philippines, hosted by Young Entrepreneurs Society. The said conference was held last November 17 at Meralco Multi-Purpose Hall, Ortigas, Pasig City from 1pm to 6pm.
Despite the competition with other APEC activities and event and projected traffic woes, YES Philippines has roughly gathered approximately 400 attendees in this event comprising of young entrepreneurs and university students sent by the university partners of YES Philippines.
This year, the conference featured leading innovative and excellent roster of speakers that has a proven track of success record and inspiring experiences when it comes to entrepreneurship
The eight speakers such as Jayson Lo, Best-selling author of YOUnique and YOUnique Youth; Alex Araneta, Certified Gallup Entrepreneur Strengths Coach and Chief Catalyst at Catalyst360 Consulting; Jim Donald, Director at Reality Homes Inc.; Kian Kazemi, CEO at Persia Grill; Rahul Maira, Product Manager at MoneyMax.ph and Co-founder at Groundflr.net; Ines Deschamps, Director of Global Business Development at Focus Group Investment; Rebecca Bustamante, President and CEO at Asia CEO Forum and Tommanny Tan, President and CEO at FERn Inc. openly shares their stories to the participants and their one main goal is to inspire and motivate young entrepreneurs to get up, strive harder and move forward despite challenges and worse, failures they are going through or have been through.
The conference was completely a unique and refreshing experience for all those who attended. They’ve gained knowledge on how to overcome failures, tips on how to deal with it and how to make adversities a meaningful gateway for success to come someone’s way.
With the support of YES Philippines’ media sponsors and partners such as Wheninmanila.com, Neotrade CCM, Voice of the Youth Network, Lightnetwork TV, Bruschette Maretti, Mega_Grafix Printing, Waters Philippines, Impact Hub Manila, Vivento, Filinvest Alabang Inc and Citibank, the conference was made possible and truly successful.
Failing Forward is an inspirational keynote conference that celebrates lessons in failures in entrepreneurship. This event’s main goal is to recognize and bring into sphere that all successes in business today have been influenced by lessons from mistakes and disappointments of an entrepreneur.
The conference was organized by YES Philippines annually every November as part of the celebration of Global Entrepreneurship Week that is celebrated by over 150 countries around the globe and supported by renowned government officials, business tycoons and leading entrepreneurs.
“Success builds charater. Faliure reveals it.”
– Jayson Lo, Best-selling author of YOUnique and YOUnique Youth
“Successful entrepreneurs have immense confidence”
– Alex Araneta, Certified Gallup Entrepreneur Strengths Coach
“You have to trust your gut. You have to trust your own judgement”
– Jim Donald, Director of Reality Homes, Inc.
“If you chase money, it will run away. If you chase success,
money will come chasing you”
– Kian Kazemi, CEO of Persia Grill
“Do not be afraid to fail. Believe in yourself,
have a right mindset and get back on the horse”
– Rahul Maira, Co – founder of Groundflr
“Keep calm. Be consistent. Don’t give up.”
– Ines Deschamps, Director of Global Business Development
“Run fast. Know where you want to go.
Failure is a stepping stone for you to be better.”
– Rebecca Bustamante, President & CEO of Asia CEO Forum
“Know what you want. Learn how to get there. Never give up”
– Tommanny Tan, President & CEO of FERN, Inc.
Philippine Startups Chosen to Advance in Challenge Cup Global Competition
Challenge Cup Spans Over 50 Cities Around the World to Identify Entrepreneurs Tackling World’s Biggest Challenges, Featuring $1M in Funding Opportunities
Washington, D.C. and [Manila, Philippines]— Global startup incubator and seed fund 1776 and Young Entrepreneurs Society tonight announced the three Philippines Challenge Cup winners, representing the most compelling local startups tackling the world’s most difficult and intractable social challenges. The three winners will move on to the regional competition in Tokyo, Japan where they will compete against other leading startups from across the region for the chance to advance to the global finals competition at the 1776 Challenge Festival in Washington, D.C. in June.
“Philippines is increasingly home to so many inspiring entrepreneurs who are building high-growth startups to tackle big world challenges,” said Donna Harris, co-founder of 1776. “We’re proud to help give these extraordinary companies an opportunity to present their vision on the global stage and connect to the resources and relationships they need to be successful.”
The winners are as follows:
KALLFLY PTE LTD.
Kallfly is an On-Demand virtual Contact Center marketplace, connecting businesses with experienced home-based call center agents. It is a platform like 99designs, oDesk, and Mechanical Turk, but with freelance call center agents available on demand instead of graphic designers, in the cloud, supported by our SIP and WebRTC-based VoIP infrastructure. Instead of contracting with a traditional call center, businesses can allocate resources through Kallfly’s web site. Instead of commuting to an office, call center agents can work from home, using their laptops or phones.
NYFTI INC.
Nyfti Inc. is focused on designing personal mobility solutions. Our first product design is a compact-folding bicycle for the city. Folding bicycles are the best way to get around the city. You dont have to worry about bicycle parking, theft and the rain. You can simple fold them up, store them indoors, or take them on a bus, train or taxi. However, to get the most compact folding bicycle, you will have to spend about $1200-1800 for a steel bicycle that’s about decades old in design. Cheaper alternatives are available but are not as compact nor as comfortable to ride as our design.
HORSEPOWER.PH
Horsepower is a FinTech startup company empowers self-employed, freelancers and SMEs on paying bills payment and government contributions online, co-working spaces, Healthcare and Insurance Plans, Accounting and Payroll, Coworking spaces and business consumer products and more.
The event highlights Philippines’ vibrant startup community and the contributions its innovators are making in tackling some of the world’s most difficult and intractable social challenges. Tonight’s winners will advance to the regional competition in Tokyo, Japan. From there, five of the most promising startups will be chosen to join 40 regional winners from across the eight other regional competitions and 45 wildcard winners at Challenge Festival 2016 to compete for $1 million in cash prizes and funding, and connect with mentors, corporate partners, policymakers, and potential investors.
For more information about the Challenge Cup, click here.
ABOUT 1776
1776 is a global incubator and seed fund that finds promising startups focused on solving the world’s most fundamental challenges and helps engineer their success.
Just two years old, 1776 has helped more than 250 startups grow by vetting their viability and connecting them to a “swat team” of support, from investors to mentors, government officials, and institutional market partners that they need to succeed.
1776 focuses on startups in the most broken, entrenched industries and sectors that impact millions of lives every day—specifically education, energy, health and cities.
Because solving big challenges in entrenched industries requires a different approach, 1776 is revolutionizing the startup landscape. From its hub in Washington, D.C., it is sparking a global movement of “problem-solving” startups through its Challenge Cup and Startup Federation, the premiere network of incubators throughout the world.
By creating a global community of startups, mentors, partners, and investors, 1776 is proving that its unique approach to incubation can create a sustained cycle of innovation that connects existing enterprises, corporations, and government entities to the startups that are solving the world’s biggest problems.
1776 was founded in February 2013 by Donna Harris, a serial entrepreneur and the former Managing Director of the Startup America Partnership, and Evan Burfield, founder of netDecide, a provider of enterprise wealth management solutions, and the consulting firm Synteractive.
ABOUT YES PHILIPPINES
Young Entrepreneurs Society Philippines (YES) is an organization of young entrepreneurs who share a common passion for excellence in business and professional growth. YES Philippines was established to educate, promote, encourage, network, and develop aspiring and successful entrepreneurs. Through a series of engagements with successful business owners and executives, learning events, mentorship and networking opportunities, members of the society learn the crucial elements necessary to become successful entrepreneurs.
Startup Incubator 1776 Partners with Young Entrepreneurs Society Philippines to Bring Challenge Cup 2016 to Philippines
Startup Incubators Partnering to Identify Philippine’s Most Promising Startups As Part of International Competition Featuring $1M in Funding Opportunities
Washington, D.C. and [Manila, Philippines]—Global startup incubator and seed fund 1776 and Young Entrepreneurs Society Philippines today announced they will join forces in Philippines on December 1, 2015 to host Challenge Cup 2016, an annual global competition spanning more than 50 cities around the world to identify the most promising startups with the best ideas to solve the world’s biggest challenges.
The event underscores Philippine’s vibrant startup community and the contributions its innovators are making in tackling some of the world’s most difficult and intractable social challenges.
“We’re thrilled to join with Young Entrepreneurs Society Philippines to bring the Challenge Cup to Philippines, home to an inspiring community of entrepreneurs who are focused on solving the complex, intractable problems that affect millions,” said 1776 cofounder Donna Harris. “More than just a competition, the Challenge Cup is a global movement to help identify the most promising startups and give them an opportunity to share their vision on a global stage. We can’t wait to see what Philippines has to offer.”
Challenge Cup participants compete for $1 million in prizes as well as the chance to connect with the investors, customers, media and other key relationships that can help them succeed on a global scale.
“With each new innovation, Filipino entrepreneurs are driving transformative change here at home and beyond,” said Henry Ong, Director of Young Entrepreneurs Society Philippines. “We are excited to partner with 1776 and the Challenge Cup to provide these leaders with a platform for accessing global resources that will help them grow their companies and achieve their full potential.”
Including Philippines, Challenge Cup 2016 will take place in more than 50 cities around the world, ranging from traditional startup hubs to emerging cities. Collectively, the cities will select 135 startups to participate in 9 regional competitions—Eastern North America, Eastern Mediterranean/Europe, Africa, Western North America, Western Europe, Eastern Asia, Latin America, Middle East/North Africa, and India/SE Asia/Oceania—during which the field will be winnowed down to 45 startup competitors. These 45 regional winners will join 45 additional wildcard slots to compete for $1 million in cash prizes and funding at the global finals in Washington, D.C. during 1776’s Challenge Festival, a weeklong festival in June 2016 exploring innovation in regulated markets. During the Challenge Festival, these startups will also have an opportunity to access the business insights, coveted connections and sophisticated expertise they most need to grow and scale.
To power Challenge Cup 2016, 1776 is partnering with two unique organizations whose combined reach will enable the Challenge Cup to be unlike any other global program. This year, the Challenge Cup is being presented in partnership with investment firm Revolution, an active champion for the emergence of entrepreneurial communities and startups outside of Silicon Valley. Additionally, 1776 has joined with the Global Entrepreneurship Network (GEN), which works on the ground in 150 countries to advance entrepreneurship around the world, to engage startup communities on every continent to participate in the Challenge Cup.
This is the third year of the Challenge Cup, following two enormously successful rounds that resulted in 1776 investments in several startups from around the world. The winner of the inaugural Challenge Cup was HandUp, a groundbreaking platform based in San Francisco that matches specific online donors to homeless people in need. The winner of Challenge Cup 2015 was Twiga Foods, a company that has created a market solution to solve the problem of rising food prices across Africa and is based in Nairobi—proving that tomorrow’s highly scalable success stories can and will come from all over the globe.
Through Challenge Cup, entrepreneurs are not only connected to the investors and mentors they need to succeed, but corporations and policymakers in some of the world’s most entrenched industries and government entities are introduced to these innovators’ fresh ideas that have the potential to solve big, difficult challenges.
ABOUT 1776
1776 is a global incubator and seed fund that finds promising startups focused on solving the world’s most fundamental challenges and helps engineer their success.
Just two years old, 1776 has helped more than 250 startups grow by vetting their viability and connecting them to a “swat team” of support, from investors to mentors, government officials, and institutional market partners that they need to succeed.
1776 focuses on startups in the most broken, entrenched industries and sectors that impact millions of lives every day – specifically education, energy, health and cities.
Because solving big challenges in entrenched industries requires a different approach, 1776 is revolutionizing the startup landscape. From its hub in Washington, D.C., it is sparking a global movement of “problem-solving’ startups through its Challenge Cup and Startup Federation, the premiere network of incubators throughout the world.
By creating a global community of startups, mentors, partners, and investors, 1776 is proving that its unique approach to incubation can create a sustained cycle of innovation that connects existing enterprises, corporations, and government entities to the startups that are solving the world’s biggest problems.
1776 was founded in February 2013 by Donna Harris, a serial entrepreneur and the former Managing Director of the Startup America Partnership, and Evan Burfield, founder of netDecide, a provider of enterprise wealth management solutions, and the consulting firm Synteractive.
ABOUT YES PHILIPPINES
Young Entrepreneurs Society Philippines (YES) is an organization of young entrepreneurs who share a common passion for excellence in business and professional growth. YES Philippines was established to educate, promote, encourage, network, and develop aspiring and successful entrepreneurs. Through a series of engagements with successful business owners and executives, learning events, mentorship and networking opportunities, members of the society learn the crucial elements necessary to become successful entrepreneurs.
Senator Grace Poe Greets GEW 2015
Grace Poe, one of the running for presidentiables for the 2016 election, also shares his joy in having the celebration of Global Entrepreneurship Week in the Philippines that promotes and advocates small and medium enterprise.
In her letter, she mentioned that she pledges to help provide a more business-friendly environment for MSMEs, “I pledge to help provide a more predictable and business friendly- environment for MSMEs that is convenient, red-tape free and conducive for entry of new market players. I shall also help build an ecosystem that would integrate all government programs supporting the MSME community to ensure that they are enabled and empowered to thrive in the local and global markets.”
To read her full statement, see below
Former DILG Secretary Mar Roxas Extends his Greetings at GEW 2015, Congratulates YES Philippines
Mar Roxas, former DILG Secretary and one of the candidates running for presidency, extends his greetings at this year’s celebration of Global Entrepreneurship Week in the country. Further, he congratulates also the Young Entrepreneurs Society for organizing this event in the country.
He believes that SME is a way of empowering people and promoting growth in each individual. He assures that government will be an ally of entrepreneurs in promoting and expanding the entrepreneurship movement in the country.
To see his full message, see below
Senator Chiz Escudero Expresses his Support to Failing Forward Conference
YES Philippines, in celebration of the Global Entrepreneurship Week in the country, will be organizing an inspirational keynote conference called “Failing Forward”.
In line with this, one of the Senators of the 16th Congress and currently a candidate for the Vice President position Mr. Francis “Chiz” Escudero expressed his support to the said conference as well as to the advocacy of entrepreneurship in the country.
In his statement, he ended it with a quote from a famous basketball player Michael Jordan that said “I have failed over and over and over again in my life and that is why I succeed”, stating it as an encouragement to all individuals to never stop from aiming to move forward.
To read his full statement, YES organization is enclosing the full message of Senator Chiz in the hopes of inspiring fellow Filipinos in embracing the culture and future in entrepreneurship.
Senator Bam Aquino Voices Out His Support to GEW 2015
The Chairman of the Senate Committee on Trade, Commerce and Entrepreneurship Senator Bam Aquino takes this chance to voice out his warmest greetings at the celebration of GEW 2015 in the country and take this chance to express his deepest congratulatory message to Young Entrepreneurs Society Philippines for being the official host of this celebration in the country.
As Chairman of the Senate Committee on Trade, Commerce and Entrepreneurship, he stated, “Sa pamamagitan nito, binibigyan nating ng pagkakataon ang ating kabataan na maipakita sa buong mundo ang kanilang husay, pagkamalikhain at talento sa mga mas malaking merkado. Nais nating lumago ang mga negosyo sa ating bansa na magreresulta sa dagdag na trabaho at pangkabuhayan para sa mas maraming Pilipino.”
To know more what’s on his message, see below
VP Binay Sends His Greetings at GEW 2015 Celebration
Vice President Jejomar “Jojo” Binay continually supports the Global Entrepreneurship Week in the Philippines as he sends his warmest greeting for the celebration of this notable event in the country this year.
He also never forgets to extend his gratitude to the advocacy of GEW that aims to encourage, strengthen and boost the awareness and interest of the youth today to venture into entrepreneurship.
In the last part of VP Binay’s statement, he challenges the Filipinos to take a leap and make their presence known in the industry as Filipinos garnered the knowledge and skills through this kinds of events, “I challenge Filipino entrepreneurs to take that leap! Now that you have been equipped by GEW with information and skills to make your mark in the industry, there is nowhere else to go but up.”
The Young Entrepreneur Society is humbly honored to have the vice-presented support the organization and the global celebration. The YES organization is enclosing the full message of the vice-president in the hopes of inspiring fellow Filipinos in embracing the culture and future in entrepreneurship.
To know more what’s on his message, see below