The Indonesian Ministry of Communications and Information has on Monday announced 15 shortlisted startups to take part in Batch 3 of Startup Studio Indonesia‘s intensive incubation program.

Initiated by the Ministry of Communications and Information, Startup Studio Indonesia aims to assist and foster digital startups in finding their product-market fit in order to scale their business.

Launched in 2020, Startup Studio Indonesia, a startup incubation and acceleration program, complements the Ministry’s ongoing startup empowerment programs, such as 1000 Digital Startup Movement and Nexticorn, targeting to generate 150 digital startups by 2024 who have the capabilities to scale up their business in terms of the number of users, total revenue, employment rate, and funding from Venture Capital.

Startup Studio Indonesia has selected 15 early-stage startups–out of a total of 5,723 registrants–to take part in Startup Studio Indonesia’s third batch of incubation training.

The list of startups includes: AturKuliner, AyoBlajar, Bicarakan, Bolu, Eateroo, Finku, FishLog, Gajiku, Imajin, Keyta, Powerbrain, KreatifHub, Sgara, Soul Parking, and Zi.Care.

Startup Studio Indonesia’s third batch program will run from September to December 2021.

“We continue to uphold the concept of ‘more brainstorming, less classes,’ wherein Startup Studio Indonesia focuses on providing knowledge and practical insights through coaching sessions, led by more than 60 prominent startup practitioners as program facilitators,” said Semuel Abrijani Pangerapan, Director General at the Ministry of Communications and Information Technology. “The session will focus on improving products, business models, and user loyalty/retention before entering the market expansion stage. We believe that this resource will prepare them to face market uncertainties and continue to grow and #GoTheExtraMiles.”

The 15 selected startups will participate in Founder’s Camp and 1-on-1 Coaching sessions related to product-market-fit for four months.

The series of Startup Studio Indonesia programs will culminate with Milestone Day at the end of this year, where startups have the opportunity to present their business models and achievements in front of many industry stakeholders.

In the 1-on-1 Coaching stage, selected startups will have the opportunity to be coached and trained directly by facilitators consisting of startup leaders, such as Moses Lo (Xendit Co-founder), Christopher Madiam (Sociolla Co-founder), Fajar A. Budiprasetyo (HappyFresh Co-founder), Suwandi Soh (Mekari Co-founder), and Hiro Kiga (Wallex Co-founder).

“Impactto is honored to support the Communications and Information Ministry’s Startup Studio Indonesia program. Indonesia has emerged as one of the biggest actors in Southeast Asia’s technology and digital startups development in the past decade. We want to maintain the spirit of collaboration between startups so that together, we can create a strong digital economy ecosystem through knowledge transfer, character building, and highly competitive startup competencies,” said Italo Gani, Managing Partner of Impactto, who was also one of the Startup Studio Indonesia Batch 3’s board of curators.

Since its inauguration in September 2020, 35 early-stage startups in Indonesia have attended the Startup Studio Indonesia incubation program (batch 1 and batch 2). After graduating from the program, the majority of participants were able to scale up and innovate more effectively and efficiently, thereby attracting more users and even securing early-stage funding from investors.

Startup Studio Indonesia’s startup alumni include Justika, Verihubs, Feedloop, Woobiz, Lingotalk, Sribuu (formerly Alia), Prieds, and Wehelpyou.

The Ministry of Communications and Information launched Startup Studio Indonesia in September 2020 to support the advancement of Indonesia’s startup ecosystem by providing facilities and access for early-stage startup players to develop their business potential.

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