Impact Hub in partnership with LBC had declared SkyEye Inc as the the winning team of the Impact Hub Fellowship on Innovation in Mobility with LBC.
The winning team will receive a grand prize amounting to P750,000. Out of the total amount, P320,000 will be part of the seed funding. Aside from the cash prize, SkyEye will receive continued mentoring with LBC and Impact Hub Manila for the next 9 months.
They gain access to a collaborative workspace, valuable local and global network, focused mentoring and continued skill development worth more than P430,000.
SkyEye, Inc. was started by a group of researchers and engineers (one of the founders is from Ateneo) gathering weather data and producing maps with UAV (Unmanned Aerial Vehicle or drone) technology.
They have since grown into a technically skilled enterprise dedicated to maximizing UAV technology in various applications. From comprehensive and cost-efficient land surveying, to deed titling, infrastructure planning and construction, to humanitarian response. It is their mission to provide clients with the optimized technology as well as the guidance to make better decisions about property, land, and developments.
The winning Fellow was among three teams that pitched their businesses to a panel of industry experts and investors led by Mr. Dino Araneta, LBC’s Chief Strategy and Innovation Officer.
“Our team was able to grow really fast over the last three months,” said Matthew Cua, co-founder of SkyEye, Inc. “As engineers, thinking about business models and thinking about sales is not a natural thing for us. The whole program enabled us to better communicate our value proposition and make it more compelling. We were able to make our tool sets as entrepreneurs even stronger and gain valuable insights from industry experts and other start-ups. Overall, we are a stronger company now.”
What made Impact Hub and LBC chose SkyEye, Inc was because of their innovative approach, combining hardware, software, and highly talented people to create services to benefit the customers and the country.
Aside from SkyEye, two other companies entered the 3-month Cohort Phase of the Fellowship, and also participated in Impact Hub’s KICK Incubation Program. Food Planner, are a post-harvest food processing initiative taking food direct from the farmers to the market. They are pioneering the production of dehydrated food products. Wave are a ride-sharing, booking, and social platform that acts as an affordable alternative for daily commuters and urban professionals. The teams were exposed to esteemed mentors and gained access to a global network of innovators as well as the local start-up community.
