Jakarta (ANTARA) - The Ministry of Communication and Informatics (Kominfo) announced that 15 startups will be selected to participate in the third batch of the Startup Studio Indonesia (SSI) intensive incubation program.

At a virtual event on Monday, Director General of Informatics Application of the Ministry Semuel Abrijani Pangerapan congratulated all the 15 startups that had been chosen.

Pangerapan remarked that the 15 startups were chosen out of the 5,723 applicants of the SSI Batch 3 Program through a stringent selection process.

The 15 selected startups are AturKuliner, AyoBlajar, Bicarakan, Bolu, Eateroom, Finku, FishLog, Gajiku, Imajin, Keyta, Powerbrain, KreatifHub, Sgara, Soul Parking, and Zi Care.

The third batch of the Startup Studio Indonesia Program will be held from September to December 2021.

"By upholding the 'more brainstorming, less classes' concept, Startup Studio Indonesia prioritizes offering practical knowledge and insights through a coaching session, with more than 60 facilitators, who are active and renowned startup practitioners," Pangerapan highlighted.

The training session will focus on the efforts to perfect business products and models as well as increase users’ loyalty before startups enter the phase of market expansion.

This was all done to prepare startups to face the market uncertainty, Pangerapan stated.

The chosen startups will follow the Founder's Camp and 1-on-1 Coaching sessions related to product-market-fit for four months.

In the 1-on-1 Coaching stage, the chosen startups will have the opportunity to be directly mentored and trained by renowned startup practitioners, including Moses Lo (Xendit), Christopher Madiam (Sociolla), Fajar A. Budiprasetyo (Happyfresh), Suwandi Soh (Mekari), and Hiro Kiga (Wallex).

The SSI program will come to a close at the end of the year with Milestone Day, in which the startups will have a shot at laying out their future business model and achievements in front of the industry's stakeholders.

"We are optimistic that through this program, the Ministry would be able to produce 150 digital startups by 2024 that can successfully develop their business scale in terms of users, revenue, workforce absorption, and funding from venture capital," Pangerapan asserted.

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Translator: Fathur Rochman, Fadhli R
Editor: Sri Haryati
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