Dozens of Local Startups Race to Attract Investors
By : Ahmad Fadli And Aldi Firhand. A | Wednesday, September 19 2018 - 20:05 IWST

ITB CEO 2018 Net Technopreneurship Festival
INDUSTRY.co.id - Jakarta - A total of 50 technology and digital startups are competing to showcase their best work in the ITB CEO 2018 Net Technopreneurship Festival event. In the event, a number of investors were expected to be able to interact with startups.
According to Lead Indonesia Advisor Antler, Stig Traavik, Indonesia is a country full of potential strata. This can be seen from the work of startups who took part in the competition.
"The startups have lots of bright ideas, we believe they can achieve success in the future. One of the things we value is the concept of farming 4.0," Stig told reporters.
Stig said, his party brings experience, mentoring to capital to startups can develop faster. However, this is not enough because technopreneur must have a good ethos starting from determination and hard work.
"This is not only a matter of ideas, but a matter of execution. So that people can trust the idea," he said.
Meanwhile, according to the Dean of SBM ITB School Kuntoro Mangkusuoto, his party strives to provide opportunities for startup from various fields to interact in this event so that they can develop. One of them is by presenting Antler who has an interesting approach.
The selected startups, he said, will get provisions for the development of US $ 4,000 in the first two months. Then in the next stage, the startup will get the provision of mentoring from experienced people with an injection of funds amounting to 10 thousand US dollars.
"The startup will be fostered gradually until the IPO (stock offering) stage," he said.
According to the Director of Student Affairs of SBM ITB, Sonny Rustiadi, his side brought investors. One of them is Antler, a world startup generator company that has produced quality startups. On this occasion other investors were invited, namely Sarana Jabar Ventura, Angel.id, PT NDE, Krigan Capital, Cofrina group, Sharing Vision, and the FINT Investment Forum. This activity is designed as a place for business people to collaborate.
"Of the 50 startups, 15 startups were chosen to pitch in front of the assessment board," he said
Read Also
Huawei Garners Award from Manpower Ministry as Best Foreign Enterprise…
Government's Role in Consumer Protection in the Digital Era
Huawei Supplier Convention 2023: Driving Collaboration and Innovation…
Huawei Holds Optix Club 2023, Launching New F5G Products and Solutions
Huawei Unveils Joint Fellowship with ITU, Makes Strides in Digital…
Today's Industry

Kamis, 07 Desember 2023 - 20:41 WIB
Lenggang Nyai Dance Enchants at Asian Cup Mascot Launch in Doha
Doha, Qatar - At the Asian Cup mascot launch event in Qatar, the traditional Indonesian dance, Lenggang Nyai from Betawi, stole the show as the only representative from the Southeast Asian region…

Kamis, 07 Desember 2023 - 20:35 WIB
The Consulate General of Indonesia in Vancouver Receives the Integrity Zone Award for a Corruption-Free Region (WBK) in 2023
Bali, Indonesia - The Consulate General of the Republic of Indonesia in Vancouver has achieved the Integrity Zone (ZI) Towards a Corruption-Free Region (WBK) Award 2023. The award was presented…

Kamis, 07 Desember 2023 - 20:31 WIB
Indonesia´s Jamu Wellness Culture Declared as UNESCO Intangible Cultural Heritage
Kasane, Botswana - The UNESCO Intangible Cultural Heritage (ICH) Convention Committee has declared Jamu Wellness Culture as a UNESCO Intangible Cultural Heritage on (6/12). Jamu Wellness Culture…

Kamis, 07 Desember 2023 - 20:29 WIB
From Cape Town to Nordkapp, Indonesian Explorer Sets Off on Expedition Promoting Indonesia
Cape Town, South Africa - Balines globetrotter, Ida Bagus (IB) Ngurah Wijaya has once again set off on an adventure by riding a motorbike from Cape Town to Nordkapp (06/12). On this trip, IB…

Kamis, 07 Desember 2023 - 20:24 WIB
The Indonesian Christian Community holds Christmas Commemoration in Brunei
Bandar Seri Begawan, Brunei Darussalam - Indonesian Ambassador to Brunei Darussalam, Dr. Achmad Ubaedillah hopes that the commemoration of Christmas Day 2023 can further strengthen the sense…
News Comment