The University of Gadjah Mada (UGM) has successfully achieved award as an A-rated incubator institution. This accolade was conferred by the Ministry of Cooperatives and Small and Medium Enterprises (KemenKopUKM) to incubator institutions that have effectively supported and nurtured new entrepreneurial tenants and startups, enabling them to evolve into high-quality economic players. The Incubator Award 2023 event was organized as part of the government’s efforts to enhance the role of incubator institutions, aligning with the strengthened regulations governing business incubation incorporated into the 2020 Job Creation Law through the issuance of Government Regulation No. 7 of 2021 and Presidential Regulation No. 2 of 2022 Regarding Entrepreneurship Development. The event, held on December 9, 2023, in Jakarta, was attended by Arief Sudarsono, S.T., M.Eng., representing UGM and receiving the award. On this occasion, Deputy of Entrepreneurship at KemenKopUKM, Siti Azizah, expressed that one of the strategies implemented to achieve the growth targets for new entrepreneurs and startups is through incubator institutions.
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Jogjakarta – The Ministry of Cooperatives and Small and Medium Enterprises (KemenKopUKM), in collaboration with the Korea Trade-Investment and Promotion Agency (KOTRA) and Korea Midland Power Co. Ltd (KOMIPO), organized the Korea-Indonesia Start-Up Day event with the theme ‘Boosting Future Leaders of Indonesia.’ The aim of this event is to encourage Indonesian startups to not only be competitive at the national level but also at the global level.
Small and Medium Enterprises (SMEs) have contributed 60.5% to the National GDP. Towards Golden Indonesia 2045, SMEs are expected to become the backbone of the Indonesian economy that dominates the market. To support this aspiration, the Directorate of Business Development of UGM initiated a business startup incubator event, Demo Day Innovative Academy 2023, which was attended by more than 20 national startups on Saturday (18/11).
This time, the Innovative Academy mentoring session was held at Swiss-Belhotel International (11/11). The topic raised in this session was Pitching and Fundraising to prepare the participants for the Innovative Academy Demo Day. The session was opened by Denny Wijayanto, as the Innovative Academy Program Head, by sharing his experience in pitching. Before entering the pitching material, the speaker or commonly called Denny explained the types of funders such as investors, donors, government, and individuals so that the participants knew who their target audience was because each funder had their own characteristics.
The second mentoring session conducted by Innovative Academy was filled by Nurhidayah Rasyid, S. E., M. ACC., AKT., CPA or commonly called Dayah at the Grand Keisha (04/11). As the Founder of Dokter Finance, which is a company engaged in Corporate Governance Consulting, Dayah raised the theme of “Startup Finance” as the topic of discussion.
The Innovative Academy mentoring session was held again at the Grand Keisha (04/11). In this session, the topic raised was Legal Framework by Florencia Irena Gunawan, S. H., LL. M. or commonly called Nana who is a Lecturer in the Faculty of Law at Gadjah Mada University.
The Innovative Academy mentoring session was held again at the Manohara Hotel (28/10) with the screening of a video that was a video branding of Apple products. This session was filled by Muh. Faturrahman, who is the Network and Partnership Management Department Head at PT. Isuzu Astra Motor Indonesia, which is the brand holder, manufacturer and distributor of Isuzu commercial vehicles in Indonesia. Faturrahman, as the mentor in this mentoring session, explained how the video from Apple could create a lasting branding, just like the strategy of how PT. Isuzu Astra Motor Indonesia marketed its products.
From June 5th to 9th, 2023, Gadjah Mada University (UGM), through its Directorate of Business Development (DITPU), actively participated in InnovFest X Elevating Founders 2023 (InnovFest), held at the Singapore Expo by the National University of Singapore in collaboration with Informa Tech Founders 2023.InnovFest is an annual event that fosters collaboration within the innovation ecosystem and companies across Asia. This includes startups, venture capitalists, corporations, higher education institutions, government agencies, and media, all aimed at generating ideas, innovation, and influence to push the boundaries in Asia. The InnovFest activities revolve around three central themes:
The topic of Branding and Positioning was presented by Rakhmat Ganda Wirawan, Senior Brand Marketing Manager & Global Project ENESIS GROUP, on Saturday (9/9) at Artotel, Yogyakarta. ENESIS GROUP is a company that oversees products such as Soffell, Adem Sari, Antis Antiseptik, Vegeta, Kispray, Force Magic, Plossa, and Amunizer.
Product Market Fit was presented on Saturday (9/9) by Alwy Herfian S, the Co-founder of Widya Indonesia Group. The presentation commenced with the sharing of experiences related to the development of the Widya Indonesia Group startup. The Widya Indonesia Group startup encompasses various fields, including IoT, Robotics, AI, and others, with 75% of its focus directed towards the construction sector, which has seen significant implementation within the IKN. The mentor explained that there are several interrelated phases involved in achieving product market fit and problem solution fit, which serve to rectify shortcomings from previous stages.