The Philippine B2B SaaS Challenge Has Started!
Thank you for your interest in Impact 23’, applications have ended! 10 innovative startups are preparing to drive the next wave of digital transformation in the country! Secure your seat at SaaSCon PH on March 28, 2023 where we'll unveil the winners!
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About the Program
IMPACT '23 is an 8-week startup accelerator challenge designed to uncover the next wave of innovative B2B solutions from early-stage startups in the Philippines. The program is jointly organized by Sprout and Kaya Founders.
Categories
To recap, last November, we called on game-changing B2B SaaS companies to apply to our accelerator program!
From Hire to Retire:
Managing the Employee Life Cycle
This category is open to solutions that help streamline the employee lifecycle.
The Future of SaaS:
Enabling a Fintech-powered Landscape
This category covers solutions that automate access or remove barriers to different financial transactions.
What's Next:
The Post-ERP Era is Here
This category is for solutions that automate or make key business processes more efficient.
Key Benefits and Prizes
Grand Winner
Opportunity to receive up to $100,000 in equity investment from Kaya Founders.
Professionally produced demo video
Automatic inclusion and integration into the Sprout Ecosystem, and access to over 1,000 client organizations
KMC office support package/co-working facilities
Dedicated marketing launch support through Sprout digital, social and events channels
Credits for Sprout HR & Payroll and Xendit subscription
Receive up to $10,000 AWS Credits
From over 60 local and international applicants, we've now shortlisted 10 worthy finalists who will undergo an 8-week accelerator program and receive these!
For all shortlisted participants
Mentorship
Receive high-quality mentorship during the 8-week program from Sprout, Kaya Founders, and B2B SaaS experts.
Cloud Platform Access
Use Sprout's cloud platform during the 8-week program.
Exposure to B2B SaaS Leaders
Get high-impact media and networking visibility alongside B2B SaaS leaders from SEA.
AWS Credit
Receive up to $10,000 AWS Credits.
Eligibility Requirements
The final 10 companies have been locked in and are ready to face off in the biggest B2B SaaS challenge!
1
In pre-launch, pre-seed, or seed stages (maximum $3M funding raised cumulatively since inception) from any sector dedicated to SaaS. No minimum threshold.
2
Any sector within the program categories.
3
Minimally one co-founder must participate, with a maximum of 3 members per team.
4
Teams can be:
- Based in the Philippines
- Overseas, looking to expand to the Philippines
*Ten (10) shortlisted participants will undergo an 8-week program where they will receive mentorship and platform access from Sprout and Kaya Founders. The top three finalists will be invited to share their ideas at the upcoming SaaScon in March 2023!
A word from the
Program Organizers
Patrick Gentry
CEO and Co-Founder
Sprout Solutions
We're excited for the next generation of B2B startups to bring game-changing solutions to the market. Sprout Solutions and Kaya Founders have come together to launch IMPACT '23: The Philippine B2B SaaS Challenge.
In line with Sprout's North Star to impact the lives of every Filipino by improving business in the Philippines, this program provides an avenue where you can market your products or solutions, and drive transformational impact. It's a golden opportunity so we hope to get you on board!
Paulo Campos
Managing General Partner
Kaya Founders
As disruptive technologies display unabated growth, SaaS-driven applications lie at the heart of digital transformation. Along with Sprout, we believe that B2B SaaS startups with best-in-class solutions will bring the next wave of digital transformation.
We're excited for IMPACT '23 because it allows us to support, enable, and empower the country's rising B2B SaaS founders by casting a spotlight on your ideas and solutions. We look forward to receiving your groundbreaking submissions!
Program Timeline
December 30, 2022
Closing of applications.
January 6, 2023
Announcement of top 10 finalists via email.
January 16, 2023
Start of 8-week accelerator Program
March 17, 2023
Demo Day
| Week 1 | January 16-20, 2023 Intro Week |
| Week 2 | January 23-27, 2023 Product and Business Ideation Intensive |
| Week 3 | January 30 - February 3, 2023 Programming Intensive |
| Week 4 | February 6-10, 2023 Marketing Intensive |
| Week 5 | February 13-17, 2023 Regulations and Legal Intensive |
| Week 6 | February 20-24, 2023 Pitching Intensive |
| Week 7 | February 27 - March 3, 2023 Fundraising Intensive |
| Week 8 | March 6-10, 2023 Refining Pitch and Prototype |
| Demo Day | March 17, 2023 Support for virtual presentations |
| Saascon PH 2023 | March 28, 2023 Pitching of ideas for top three winners |
Program Sponsors
In Partnership With
Frequently Asked Questions
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Contact us at info@saaschallenge.ph for inquiries.