UK & Indonesia Team Up to Launch ‘Nurture to Scale’, a Scale-Up Programme for Indonesian Startups
- Suitable businesses called to register before 27th October for 8 week programme of mentoring and workshops, led by successful founders.
- Technology/tech-enabled business with a head office in Indonesia are the target. Up to 35 start-ups will be selected to participate. Announcement will come on the 1st November, with the programme starting on the 5th
- Jakarta ranks third after Mumbai and Copenhagen out of one hundred cities worldwide on the list of “emerging start-up ecosystems”.
UK-Indonesia Tech Hub and Endeavor teamed up to launch a scale-up programme for start-ups in Indonesia called Nurture to Scale. The programme aims to nurture the start-up entrepreneurs in Indonesia by providing access to resources, knowledge, successful founders, key industry leaders and mentors – all in order to scale-up their business.
UK-Indonesia Tech Hub is a technology and innovation hub initiated by the British Embassy in Jakarta. Meanwhile, Endeavor is the leading global community of, by, and for high-impact entrepreneurs. The two will work together on the Nurture to Scale programme which will last until January 2022.
Selected participants will go through an 8-week programme of workshops and mentoring sessions guided by leading business leaders. Participants will join a high-impact community of likeminded people, and together gain clarity on: business growth & direction at scale; and how to increase personal & professional growth as a leader & entrepreneur. Participants will be able to discuss their business with experts from Endeavor unrivalled quality mentors, UK-Indonesia Tech Hub and the wider Endeavor network of business leaders and investors.
The target of this programme are start-ups who have a technology/tech-enabled business with a head office in Indonesia. The business is not in the idea stage, product- ready and has established sufficient market traction. Priority will be given to women-led start-ups and start-ups in health-tech, COVID- response, disaster-response tech, SME-focused, climate change, humanitarian response, and women education/ empowerment business.
Those who meet this category can register at www.nurturetoscale.org or bit.ly/register-nurturetoscale. There will be a screening process and 35 select startups will be announced on the website and @nurturetoscale Instagram account on November 1. The kick-off for the programme itself will begin on November 5.
British Deputy Ambassador to Indonesia and Timor Leste Rob Fenn said:
“This exciting programme will benefit all participants and the wider Indonesian economy. I am delighted the UK is doing so much to support the dynamic start-up scene in Indonesia. Collaborations like this spark innovation, forge new partnerships, and strengthen the bonds between our two countries.”
Director of the UK-Indonesia Tech Hub, Rachmalia Nikijuluw said,
“This programme is in line with the goals of the UK-Indonesia Tech Hub. We are building a global network of Tech Hubs with the aim of forging innovation partnerships between the UK and Indonesian technology sectors, stimulating the local digital economy; and building high-end digital skills to drive job creation and sustainable growth.”
“Endeavor’s credibility can be seen from programmes and network of outstanding business leaders it has. The impact of Endeavor Global, which has been established in 1997, and has been around for 9 years in Indonesia, makes UK-Indonesia Tech Hub believe that this collaboration can create a very good impact,” she added.
According to the annual Global Startup Ecosystem Report (GSER) 2021, Jakarta ranks third after Mumbai and Copenhagen out of one hundred cities worldwide on the list of “emerging start-up ecosystems”. Jakarta’s ranking is the highest in the Southeast Asia region, such as Kuala Lumpur, Ho Chi Minh City, Bangkok, and Manila.
Endeavor Indonesia Managing Director Wayah Wiroto stated that this programme was formed as a support for the creation of a strong entrepreneurial ecosystem in Indonesia. “The rankings in GSER 2021 showcases the strengths in ecosystems with the highest potential to become global top performers. Having a good support system is one of the supporting aspects,” he said.
With a network spread across nearly 40 countries, Endeavor has supported more than 2,100 entrepreneurs worldwide, supported by 80+ mentors and business leaders in Indonesia, as well as 3,000+ worldwide. “We welcome this collaboration with great pleasure. Being the best platform for catalyzing and developing the Indonesian economy is one of our shared values. Endeavor hopes to provide continuous support and help to accelerate the growth of 35 startups in the Nurture to Scale programme,” he added.
The Nurture to Scale programme application is open until 27 October 2021 at bit.ly/register-nurturetoscale. Detailed information is available at www.nurturetoscale.org or contact indonesia@endeavor.org
Contact:
Elfitra Augustin | +628561082186 | elfitra.augustin@endeavor.org
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The UK-Indonesia Tech Hub
Developed in September 2019 by the UK Government’s Department for Digital, Culture, Media and Sport (DCMS) to build digital ecosystems that will facilitate sustainable economic growth and development for Indonesia under the wider International Tech Hub Network.
Following the example of successful hubs elsewhere in the world, such as the UK-South Africa Tech Hub, UK-India Tech Hub and the UK-Israel Tech; UK-Indonesia Tech Hub has three main aims:
- Deliver tailored interventions to cultivate digital skills responding to the needs and opportunities for inclusion in the local tech sector. This could include, for example, promoting opportunities for youth and women in the local tech sector;
- Support tech entrepreneurship through partnerships with local digital ecosystem stakeholders including incubators, accelerators and private sector firms, Indonesian government departments and agencies and non-profit organisations
- Facilitate partnerships between local tech firms (including tech start-ups) and international companies (across all sectors) in the form of commercial partnerships or joint ventures
Endeavor Indonesia
Endeavor is the world’s leading community of high-impact entrepreneurs. Founded in 1997, Endeavor is a global organization with a mission to unlock the transformational power of entrepreneurship by selecting, supporting, and investing in the world’s top founders. Today, Endeavor’s network spans nearly 40 countries and supports more than 2,100 entrepreneurs, whose companies generate combined revenues of over $28 billion US, have created more than 3.9 million jobs, and, in 2020, raised over $4 billion US in capital. Endeavor’s unique entrepreneur-first model and network of trust provide a platform for founders to dream big, scale up, and pay it forward to the next generation of entrepreneurs.
Since started in Indonesia in 2012, we have selected and supported 67 EEs (Endeavor Entrepreneurs) leading 49 companies, namely founders and CEO of Zilingo, Kopi Kenangan, Kitabisa.com, eFishery, Female Daily Network, Ula, Shipper, Fabelio, Waresix, Cottonink, Indonesia Bike Works, Waresix, Kargo, and many more – with the help of over 80+ business leaders in our local network and 3,000+ worldwide as mentors.
For more information about Endeavor Indonesia, visit our website | LinkedIn | Instagram | YouTube