[UPCOMING] Meat Up: Jakarta's Biggest BBQ Networking Event is Here!

MEAT UP at FREEWARE SPACES
The BBQ Gathering Event hosted by Entrepreneurs, Profesionals, Investors and Any Other Cool People. at FREEWARE SPACES Co-Working Spaces Kemang. Free Flow of Food & Beverages! Just Come, Eat, Chat, Network, and Have Fun!
CP: info@freewarespaces.com or Ivan Reza Rainir (ivan@freewarespaces.com, +628170052808)
RUNDOWN:
18.00 – 19.00 : Registration, Networking, Pre-Drinks
19.00 – 21.00 : It’s BBQ Time!!! Grill, Eat, and Chat!
21.00 – FINISH : Networking & End of Event
We had 500+ attendees at our last event. People from Bukalapak, Red & White, Kaskus, Anomali Coffee, Fabelio, Tiket, Voyej, Angel Investment Network Indonesia, Mbiz, Flipburger, Holycow!, Ismaya Group, MRA Group, Blue Bird Group, JLL / Jones Lang Lasalle, Qraved, Kalla Group, Forbes, Qerja, Jenius, Cyber Agent Ventures, Brodo, Puyo Dessert, CekAja, MNC Group, HappyFresh, Uber, GDP Venture, Talenta, Twitter, Kudo, Grab, McKinsey, Creador, Northstar Group, DailySocial, Techinasia, Wavecell, Ebay, Telkomsel, Golden Gate Ventures, Kata.ai, Midtrans, Alpha JWC, Macallan, Kejora Ventures, Gojek, Art of Clicks, Tees.co.id, Printerous, Polka Cosmetics, The Goods Dept, Global Founders Capital, Mandiri Capital, Endeavor Indonesia, Grupara Ventures, Maskoolin, Seekmi, Wantedly, The Halal Guys New York, Google, Zalora, Lazada, Traveloka, Amazon, and many more!

[RECAP] She Is Global 2018

This past week, our angel Shinta Kamdani attended the She Is Global gathering, where she shared her work with ANGIN, projects on empowering women, and how ANGIN is making a change in the Indonesian startup ecosystem. With ANGIN’s current research on gender lens investment, its Empowering Women‘s initiative, and its Women Fund, we are proud to have Shinta represent our work and our goals at this event.

[UPCOMING EVENT] IDX Startups #GoPublic

Ketika membangun startup, founder sudah harus memiliki rencana jangka panjang bagi bisnisnya. Salah salah hal yang harus direncanakan adalah exit strategy.
Exit strategy yang paling umum ditempuh yaitu merger and acquisition (M&A) dan Initial Public Offering (IPO). WhatsApp adalah contoh perusahaan global yang memilih jalur M&A, sementara Alibaba dan Facebook memutuskan untuk go IPO.
Di Indonesia sendiri, kita sudah mendengar beberapa startup teknologi diakuisisi oleh perusahaan lebih besar, seperti baru-baru ini Tiket.com oleh Blibli.com dan Midtrans oleh GO-JEK. Tahun lalu, Kioson dan MCash resmi mencatatkan saham perdana mereka di Bursa Efek Indonesia (BEI).
IPO yang dilakukan oleh kedua startup ini bisa dibilang sukses, dengan permintaan saham lumayan tinggi dari investor. Harga saham mereka pun naik jauh dari harga patok awal.
Apa saja hal yang harus dipersiapkan jika startup ingin go public? Bagaimana proses pencatatan saham perdana di BEI?
Bursa Efek Indonesia, Kresna Securities dan BLOCK71 Jakarta mengajak para founder startup untuk mengikuti sesi mengenai “Startups #GoPublic”. Adapun topik yang akan dibahas yaitu:

  • IPO Overview and Regulation oleh perwakilan BEI
  • Pre-IPO Process and Business Valuation for Startup Company oleh Octavianus Budiyanto, President Direktur Kresna Securities
  • Panel discussion tentang IPO success story, menghadirkan Martin Suharlie, CEO of MCash, perwakilan BEI dan Octavianus Budiyanto, President Director Kresna Securities. Panel discussion ini akan dimoderatori oleh Adrian Lim, Direktur BLOCK71 Jakarta

To RSVP, click HERE!

[RECAP] UNDP Indonesia, Government of Canada, ANGIN Roadshow: Lampung

 

ANGIN, together with UNDP Indonesia and the Government of Canada, just finished a 2-day workshop in Lampung (19/02 – 20/02) aimed at empowering social enterprises in the agricultural value chain. The event was also supported by Connector.ID, which provided full-day individual consulting session for those seeking external funding.

 

Opening remarks were given by Deputy Director of UNDP Indonesia, Francine Pickup, continued by Roadshow program introduction by Natalia Rialucky (Head of Impact Investing at ANGIN) and Valencia Dea (Principal of ANGIN), as well as Connector.ID introduction by Meredith Peng (Director of Connector.ID).

The main event began with an inspirational talk by Sabrina Mustopo, co-founder of Krakakoa, who shared the story of her chocolate company which aims to empower farmers by implementing a bean-to-bar concept, which helps farmers to capture higher value add and ultimately, larger amount of income.

 

 

During her session, Sabrina mentioned three key messages:

  • Network is crucial. Sabrina started with no access to farmers and limited knowledge on agriculture. All were overcame as she enlarged her network and actively asked questions to people
  • Fundraise more. Sabrina recommended to fundraise more than initial estimation as it will allow entrepreneurs to focus more on growing the business than tightening the budget due to capital limitation
  • Set a strong “Why”. Based on her experience, Sabrina reminded that social entrepreneurs’ journey will be filled with a lot of challenges that can break their spirit down, especially when no solid motivation is in place

 

After Sabrina’s talk show, the event was followed with three-series of workshops. ANGIN team led two workshops, Investment Readiness and Sustainability and Scalability; while UNDP Indonesia Technical Advisor of SDGs, Ansye Sopacua, filled in a workshop on Impact Measurement.

On the second day, ANGIN team and Connector.ID provided a series of one-on-one meetings with participants, with an aim to mainly support them on fundraising.

We were very happy to see more than 50 engaging entrepreneurs who do not come only from Lampung but also from other cities in Sumatera, Jakarta, Bogor, and Bandung. We would love to thank all the participants for their activeness and eagerness to learn. Wishing you all the best!

[RECAP] UNDP Indonesia, Government of Canada, ANGIN Roadshow: Manado

 

ANGIN team, together with the Government of Canada and the UNDP Indonesia organized a one-day roadshow in Manado last Thursday (22/02).

Exceeding our initial expectation, there were over 40 participants from a diverse set of business background; from tech enabler startup for commodity export-import, brick-and-mortar producers, to handicraft maker from agricultural waste.

 

The event was opened by UNDP Indonesia Technical Advisor for Innovative Financing, Ikhsan Modjo, followed by a welcoming remarks from Michella Irawan, a Manado-based Nexus Indonesia Leader, and an inspirational talk show with the founder of DuitHape, Sara Dhewanto. In her session, Sara shared her challenges and lesson learned in running her business as well as in fundraising. She reminded everyone that building networks is important, not only to gain knowledge, but also to have a bigger voice in enforcing certain agenda/ issue (Example is Fintech association). Sara also emphasized the importance of understanding potential investor before they enter your company; as each has different characteristic and not all is a fit for you.

 

 

Post talk show and lunch break, ANGIN team led two workshops. One was on Investment Readiness and the other was about Scalability and Sustainability.We were left impressed by the activeness of the crowd, especially during interactive game sessions! The event was continued by several one-on-one meetings, dinner, and networking session.

 

Our roadshow was supported by Connector.ID and ANGIN’s Women Spotlight. Director of Connector.ID, Meredith Peng, provided assistance for participants who were seeking external funding, Meanwhile, Samantha from ANGIN’s Women Spotlight conducted a series of interviews with several inspiring women entrepreneurs in Manado. Among them was an women empowerment initiative that aims to equip housewives with the knowledge to produce fish-based snacks; hence providing them with a source of income. Kindly look forward for their stories on our separate blog posts!

 

[RECAP] Welcoming the Future: AI in Your Business Seminar

 

ANGIN team attended the Welcoming the Future: AI in Your Business seminar on the 20th of February, hosted by UnionSPACE, to gain an insight into the future of how Artificial Intelligence will integrate into businesses in the near coming future. The talks were led by Reynir Fauzan, Co-founder & CMO of Kata.ai and Yugie Nugraha, the Project Lead at Rinna-Microsoft AI & Research and facilitated by an Indonesia Entrepreneur Center (IDEC) team member.

The findings presented were quite interesting, with there being a general consensus that chatbots will be a common business solution, as the future of humans and technology is conversational. The technological economy has thus shifted from an app focus in the mid-to-late 2000s to an intelligence economy. It was also highlighted that for chatbots and similar technology to thrive there are four pillars which must be acknowledged which are support, marketing, commerce and intelligence.

We look forward to the evolution of AI technology as we believe intently that this will be an important tool for entrepreneurs in the future Indonesian startup landscape and will help contribute to more exciting advancements.

 

[RECAP] Fundraising Strategies for Early Stage Startups Seminar at Block71

 

ANGIN team members attended the ‘Fundraising Strategies for Early Stage Startups’ seminar on the 21st of February, hosted by BLOCK71 Jakarta, to gain some insight in the criteria venture capital investors are looking for when investing in startups.

The Kopi Chat was between Peng T. Ong, Managing Partner of Monk’s Hill Ventures and moderated by Roshni Mahtani, CEO/Founder at Tickled Media – theAsianparent.com. It was quite a great experience listening to the expertise of Peng T. Ong who was the founder and CEO of Interwoven and Encentuate and the co-founder of Match.com – all three of these companies had successful IPOs on NASDAQ. He put a focus on being driven by actions and living in Indonesia he believes his current purpose is to foster growth is SEA globally through supporting technological prospects.

The event was well attended by many entrepreneurs – locals and foreigners from around the globe – looking for investment knowledge related to the Indonesian market.

Ong highlighted his venture capital investment philosophy in SEA into three points:

 

  1. The Entrepreneur team and founder must be coachable to grow and learn. The entrepreneur must be mature enough to make changes in themselves and to the company in order to adapt and be successful
  2. It needs to have a big business outlook – this is how it should work in SEA. Reaching a global market is vital and there must be opportunity for potentially 1 billion people and generate at least USD 100 mil usd in revenue within 4-8 years.
  3. The business must be able to differentiate itself from competitors as is grows and they must have sustainable proprietary information. Accumulation of proprietary information is key to growth and success.

As a entrepreneur Ong also explained that when starting a company it is also essential to keep clarity, integrity and resilience and to never compromise in the face of weakness as this will just lead to more compromise.

Overall it was an insightful evening which allowed junior ANGIN team members to game an insight into the large scale criteria and requirements of companies in which a VC invests in as opposed to an angel investor.

 

[RECAP] WU Reconnect Party

To celebrate their new space, WU Hub hosted a networking party last Thursday (08/02). The event was well attended by dozens of startup founders, investors, and several ecosystem builders.

We would like to congratulate WU HUB for the newly opened coworking space!

Thinking of moving to a new working space? WU HUB might be your perfect fit.

Strategically located at Kuningan area (opposite Setiabudi One), WU HUB offers shared desk (30+) and private offices (8) at affordable price. Find out more about WU HUB on here!

 

[RECAP]: Yale School of Management: Global Social Entrepreneurship Indonesia 2018

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Global Social Entrepreneurship (GSE) is an elective course and student-led club at the Yale School of Management (SOM). Founded in 2004, GSE has emerged as one of the most popular elective course offerings at SOM. The course is centered on experiential learning, providing students with the unique opportunity to design and engage in pro bono consulting projects with non-profit and for-profit social enterprises working in the fields of economic development, education, sustainable energy, and healthcare.

Each year the GSE course focuses on a different country. Since its inception, GSE has worked with organizations in Peru, South Africa, Madagascar, the Philippines, Colombia, Thailand, Nicaragua, Ghana, and Brazil. For 2018, GSE will be working with client organizations in Jakarta, Indonesia in partnership with the Universitas Indonesia Faculty of Economics and Business.

ANGIN team has been selected by The Yale School of Management to collaborate with GSE to address key business and strategic challenges. We will be working with  a team of five highly qualified students from the Yale School of Management and other graduate and professional programs at Yale University, including Forestry & Environmental Studies, Public Health, and Global Affairs. Our team will also be joined by a student from the Universitas Indonesia. Along with the resources of Yale University and Universitas Indonesia, these students will bring a wealth of professional experience to address the challenging, real-world problems facing social enterprises and non-profits.

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[RECAP]: Australia-Indonesia Youth Leaders Workshop

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It was a pleasure participating in the 2018 Australia-Indonesia Youth Workshop on the 1st & 2nd of February which ran parallel to the Indonesia-Australia Digital Forum. It was a great opportunity to strengthen the people to people links of Australia and Indonesia, enhancing the bilateral relationship. The workshops took place at the Fairmont Hotel and The Australian Embassy Jakarta.

The overarching theme for this workshop had a focus on the digital sector. Throughout the program we were presented talks and keynotes by distinguished professionals in the startup and investment space including Nigel Hembrow, Willix Halim, Fransiska Oetami and our own angel investor Francisco Widjojo.

From this as diverse teams of young Australians and Indonesians we engaged in discussion and formed problem statements to address issues in the Indonesian economy. The winning team now has the opportunity to put there idea into practice with a $10,000 AUD award.

Overall the two days were a great collaboration between the Australian and Indonesian government with an excellent initiative for greater change.

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