Marketable Business Plans secure places for 12 winners on Innovating Jogja’s business Acceleration Programme

Innovating Jogja, an open competition supported by the Ministry of Industry and the European Union, which is designed to encourage business innovation, has selected 12 winners out of 37 eligible entrants to take part in a business Acceleration Programme. Each winner will receive a total of Rp 30 million from Bank BNI in support of their proposed business concept, with participants able to use the funds for product prototyping and market testing, or for other ways of developing their business ideas.

All 12 winners qualified for the Acceleration Programme after attending Boot Camp in August 2016. They are: Wastraloka (for batik painting on cans); Kama Batik (hand bouquets made of used batik cloth); Creative Batik (abstract-patterned batik); JK Watches (watches fashioned from wood); Lowpoly Paper (face-shaped 3-D paper craft); Kayonara (for the application of augmented reality for prospective buyers of spectacles fashioned from wood); Beavers Beaver & Woodworking (exhibition tools with easy assemble/disassemble system); Alra (waterproof leather handbags and batik); Janedan (minimalist kid leather bags which are not sewn or glued); Rika Meidiyana (batik patterned leather products with laser engraving); Maha Karta (speakers and docking products which are combined with bamboo materials); and Mbatik (e-commerce with batik craft education).

Commenting on the winners, Satryo Soemantri Brodjonegoro, Key Expert on Innovation and Technology under the EU-Indonesia Trade Cooperation Facility (TCF), said: “The winners were selected on the basis of the potential of their ideas and business concepts. Most are already selling their products and know their intended target markets.  They need various types of support to improve their businesses, including marketing, financial management, human resources, product innovation, presentation skills, and expansion of their markets and investors network.”

Under the Acceleration Programme the 12 winners received training and guidance over a full week from the 3rd to the 7th October 2016 in the Centre for Leather, Rubber and Plastic, in Yogyakarta. The Jogja Innovating Committee will select three of the 12 winners for mentoring and entry into BNI Bank’s business pipeline.  This scheme differs slightly from the original plan to provide training and guidance to all 12 winners for 3 months due to limited resources and time.

Launched on 19 July 2016, Innovating Jogja is a joint initiative between the Agency for Industrial Research and Development (BPPI), which is part of the Ministry of Industry, and the TCF project, together with Bank BNI.  Participants were selected on the basis of their proposed concepts, products and services in the batik, leather and handicraft industry sectors, as well as their ideas concerning information and communication technology (ICT) and developments relevant to those sectors. The competition involved the Yogyakarta Chamber of Commerce (KADIN), Gadjah Mada University (UGM), ATK Polytechnic (Politeknik Negeri ATK) in Yogyakarta, the Indonesian Tanners Association (APKI), the Indonesian People’s Handicraft Development Association (APIKRI), the Centre for Batik and Handicraft, the Centre for Leather, Rubber and Plastic, as well as several Yogyakarta-based businesses, such as Salim Silver, Gendhis Bag and Batik Winotosastro.

Media Monitoring - Innovating Jogja (07 - 08 Oktober 2016)
(748.0 KiB)

For further information on Innovating Jogja pilot project, please contact:

The Innovating Jogja Organising Committee:          

Ms. Suzanne, on  081394039393; or

Ms. Umah, on 0815685911