JAKARTA – Minister for Research, Technology and Higher Education Mohamad Nasir opened the 2019 Indonesia Startup Summit at the Jakarta International Expo on Wednesday (10/4). The event was attended by around 5,000 participants and showcased 60 products from millennials-powered start-ups in Indonesia.
Nasir rode Gesits – an electric scooter developed by the 10th November Institute of Technology (ITS) and produced by PT Wijaya Manufakturing – to the venue. Some ministry high-level officials also tried Gesits.
Start-ups in Indonesia have grown very fast in the past four to five years, Nasir said in his speech.
The ministry of research, technology and higher education is training 1,307 start-ups from various focuses. The number has increased from 52 in 2015. The current number is the highest in Southeast Asia.
“We are placed fifth globally in terms of the number of start-ups,” said Nasir.
Start-ups that have been trained and funded by the ministry in the last five years do not limit the development in the information technology sector only.
Apart from Gesits, Indonesia is proud to have the the flat plate ship developed by University of Indonesia’s naval engineering department and PT Juragan Kapal. The company itself has recorded Rp 6.5 billion in income, the second highest after PT Meta Sukses Pratama – the creator of Satpam Pintar (Smart Security Officer) – with Rp 7 billion.
Agriculture is a sector which has not been optimally trained by incubators. One of the farming-based start-ups is PT Djava Sukses Abadi which has exported tempeh to South Korea.
Not only funding and training the start-ups, the ministry has also helped them acquire tax deduction so that more capital and profit can be allocated for research.
Ministry’s director general for innovation improvement Jumain Appe said the start-ups invited to the event had been trained to plan business development strategies and educated about legal aspects, branding, design thinking and business model. The ministry hopes the new companies could combine innovation with the commercial aspect effectively.
At the event, the ministry presented awards to the five start-ups.
- The most inspiring start-up: Compac Motorcycle, created by Suwanto from Diponegoro University
- The most breakthrough start-up: flat plate ship, created by PT Juragan Kapal and University of Indonesia’s naval engineering department.
- The most social impact start-up: Aruna Indonesia, developed by Utari Oktavianty from Telkom University. It connects fishermen with consumers.
- The most growing start-up: GESITS, developed by the 10th November Technology Institute (ITS) and produced by PT Wijaya Manufakturing.
- The most competitive innovation: Katalis Merah Putih, invented by Professor Subagjo from the Bandung Institute of Technology (ITB).
The Indonesian Startup Summit was also attended by high-ranking officials at the ministry of research, technology and higher education, representatives from the industry ministry and the transportation ministry, university rectors, innovators, researchers and students.