Yogyakarta, June 22, 2024 – Innovative Academy successfully held the Demo Day event at Eastparc Hotel, Yogyakarta (June 22). This highly anticipated event was attended by three competent judges in their respective fields: Dara Mawar Jelita from Block71, Ridha Nurul Azizah from PT Gama Inovasi Berdikari, and Sonny Ashadi from PT. Gama Multi Usaha Mandiri.
The Innovative Academy mentoring session was held again at the EDS Building on (4/5), featuring Muh. Faturrahman, Network and Partnership Management Department Head at PT. Isuzu Astra Motor Indonesia, the brand holder, manufacturer, and distributor of Isuzu commercial vehicles in Indonesia. Faturrahman began the session by showing a branding video from Apple, explaining how Apple’s branding strategies can create a strong brand identity, similar to the strategies used by PT. Isuzu Astra Motor Indonesia in marketing their products.
The Innovative Academy Incubation session was held again at EDS UGM on (4/5), featuring Rico Setiono, Associate Director at PT. Stechoq Indonesia. Rico presented material on the Business Model Canvas and Lean Canvas frameworks for structuring a startup’s business plan.
On Saturday (20/4) at the EDS building of UGM, Rakhmat Ganda Wirawan, Senior Brand Marketing Manager & Global Project at Enesis Group, presented the topic of Branding and Positioning during the Startup Incubation activity. Enesis Group oversees products such as Soffell, Adem Sari, Antis Antiseptic, Vegeta, Kispray, Force Magic, Plossa, and Amunizer.
The next session of the Innovative Academy incubation program was held at EDS UGM on (20/4), featuring Hestyriani Anisa Widyaningsih, COO of Edspert.id. The mentor began the session by asking the startup participants to define innovation. “Innovation is something that disrupts what already exists,” explained one participant, which the mentor then elaborated on.
The mentoring program of Innovative Academy continued on Saturday (30/3) at the EDS building of UGM. In this fourth week, Innovative Academy featured Syafri Yuzal, the Director of PT Aino Indonesia, who spoke on the topic of Product Development.
Innovative Academy and Wroxton Holding organized the Shark Tank Yogyakarta program, a competition that offers students the opportunity to present their business ideas to secure investment from individuals with extensive business experience and significant financial resources. In this program, the winning team will receive a total funding of 25 million.
Innovative Academy, a startup incubator under the Directorate of Business Development at Gadjah Mada University, once again held its 12th batch of incubation program in an effort to promote innovation among young entrepreneurs. This program is designed to provide comprehensive support to startups by granting access to resources, mentorship, and networks necessary for success.
On Tuesday, February 27th, 2024, the Head of Program at Innovative Academy, Denny Wijayanto, attended the All Hands event organized by Bukit Vista. Denny provided insights into the business world through his experience and career in developing startups in Innovative Academy. Denny Wijayanto’s career is a remarkable tapestry of innovation and leadership. Beginning as a Finance Manager at Stranough Guitar Technology in 2008, he swiftly climbed the ranks to AVP, showcasing his financial prowess. By 2012, he had shifted to a management role at Hamaren, further honing his leadership skills. His passion for innovation led him to the Innovative Academy in 2013, guiding future change-makers as Head of the Program. Simultaneously, he delved into the tech world with PT. Stechq Robotika Indonesia as Senior Marketing Specialist, demonstrating his marketing acumen in the burgeoning robotics sector. Denny Wijayanto addressed the evolution of startup funding over the past decade and the influence of emerging technologies on investment strategies from a comprehensive perspective, drawing from his extensive experience in the field. He outlined how the startup funding landscape has transitioned from a straightforward quest for investors to a more complex environment characterized by increased scrutiny, competition, and strategic financial management. He noted that in the earlier part of the decade, around 2013-2014, the Indonesian startup scene lacked significant players, making it easier for new startups to attract investment simply based on promising ideas. This contrasted sharply with the present scenario, where the market is more saturated, and investors are cautious, given the failures and market corrections observed in the sector.
Continuing the #Hack4ID event previously held in Yogyakarta, the next target city for the Ideathon program initiated by the National Movement of 1000 Digital Startups is Surabaya. The National Movement of 1000 Digital Startups, with its MSIB program, collaborated with the Innovative Academy under the auspices of the Directorate of Business Development at Gadjah Mada University, successfully organized the #Hack4ID event held at Headquarters on March 9-10, 2024, attended by 58 participants.
