Alwyn Rosel
IdeaSpace, the startup accelerator and early-stage venture investment arm of the MVP Group of companies in the Philippines, has announced the appointment of Alwyn Rosel as its new Executive Director alongside QBO Innovation.
Rosel, a veteran of the startup ecosystem with 13 years of experience, succeeds Jay Fajardo.
Rosel’s appointment, effective immediately, coincides with National Women’s Month. She has served as deputy director at QBO Innovation for the past four years and has held senior roles at AIM-Dado Banatao Incubator, UPSCALE Innovation Hub, and VXI Global.
Additionally, she has in the past worked with e27.
“I take on this challenge and opportunity to serve the startup community. The cornerstone of my work is to sustain the ecosystem so that we help more startups that have immense potential to contribute to the economy and national development,” stated Rosel.
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Over the past 13 years, IdeaSpace and QBO have together invested over P300 million (US$5.2 million) in resources and supported over 35 startups. They also incubate over 250 startups and support over 700 organisations. The organisations currently conduct over 100 programmes and capacity-building activities annually.
Jay Fajardo was instrumental in streamlining the organisational structure and sharpening the strategic vision of IdeaSpace and QBO.
During his leadership, he established Ideaspace Ventures. In 2024, Ideaspace Ventures supported seven startups and achieved an average portfolio Multiple on Invested Capital (MOIC) of 1.5X over four years.
Fajardo also strengthened QBO Innovation’s position as a leading startup community builder.
IdeaSpace and QBO continue their commitment to fostering innovation through partnerships, including the Regional Startup Enablers for Ecosystem Development (ReSEED) Program with the Department of Science and Technology (DOST) and collaborations with Smart-PLDT Innovation Generation and the US Embassy in the Philippines.
IdeaSpace was established in 2012 to support Filipino tech entrepreneurship and is backed by major Philippine corporations.
QBO Innovation, created in 2016 through a public-private partnership, focuses on providing a platform for startup collaboration and growth.
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