The subject of Product Market Fit was expounded upon by Mr. Alwy Herfian S, the Co-founder of Widya Indonesia Group. His presentation commenced with a sharing of insights and experiences related to the development of startup ventures within the Widya Indonesia Group. The group’s startup portfolio spans diverse fields, including IoT, Robotics, AI, and others, with a notable 75% involvement in the construction sector, where numerous implementations have been realized within the context of IKN (presumably an organization or institution). The mentor elaborated on the interconnected phases of achieving Product Market Fit and Problem Solution Fit, each phase serving to address and rectify shortcomings from previous stages.
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The mentoring activity for the Innovative Academy Incubation Program was conducted on the 14th of September 2023, at the EDS Building, Universitas Gadjah Mada. The esteemed mentor for this session was Mr. Fadli Wilihandarwo, the Founder of SchoolStartup, and the chosen theme of the day was “Product Development.”
In collaboration with #Hack4ID, the Incubation Program at Gadjah Mada University once again took place in Yogyakarta. This initiative was organized with the objective of aiding industry stakeholders in addressing regional and industrial challenges through the innovative potential of aspiring startup founders.
Startups represent spaces of innovation and creativity that inspire change across various sectors. In their evolution, startups embark on a journey with conviction and enthusiasm to materialize brilliant ideas into reality.
Demo day marks the culmination of the incubation process by the Innovative Academy. Within a span of one semester, nine startups have emerged that have managed to persevere and secure the opportunity to engage in pitching sessions.
In an era of swiftly evolving business dynamics characterized by fierce competition, the innovative concept known as “growth hacking” is gaining increasing prominence. Growth hacking, an approach that amalgamates marketing strategies and product development to expedite business growth, has garnered significant attention from industry players striving for success in an ever more digital and interconnected world.
In the eleventh meeting of the mentoring program’s incubation series by Innovative Academy, the session focused on the theme of “Integrated Marketing Communication for Startups.” The session was conducted by M. Amirullah, who serves as the CEO of Swaragama.
In the competitive and fast-paced world of startups, understanding legal aspects has become crucial for young entrepreneurs. To provide valuable insights and guidance, a webinar titled “Navigating the Legal Landscape in the Startup World: Effective Strategies and Compliance” was held on Saturday, May 27th. This online event aimed to provide in-depth understanding of legal issues commonly faced by startups and how to manage risks and ensure compliance with applicable regulations.
In an era where startups continue to emerge and grow rapidly, a strong understanding of finance has become the key to success for young entrepreneurs. As startups thrive and expand, this mentoring session focuses on the topic of “Startup Finance.” The session was held on Saturday, April 22nd, with mentor Rezky Wulandari Ramadhanty, the Co-Founder of Sekolah Finansial.
After one month of incubation in the Innovative Academy, we now enter the fifth week, where Rakhmat Ganda Wirawan, a Professional Marketeer, was invited to share his expertise. Ganda discussed the differences between brands and products and how to build a brand. In product development, the brand plays a crucial role, including in the strategy and development activities.