Tag: women entrepreneur

[RESEARCH] Discussion on Startup Assistance Organization

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To complement ANGIN’s research with Sasakawa Peace Foundation on the effectiveness of startup assistance organization, ANGIN team organized two discussions last Wednesday (17/01) at Kantorkuu Coworking Space, Jakarta.

ANGIN, together with Sasakawa Peace Foundation, is currently conducting a research on startup assistance organizations in Indonesia (examples include business incubators, startup accelerators, startup communities/hubs and other ecosystem builders), how they can develop startups effectively, and ultimately how they can contribute to more gender inclusiveness in entrepreneurship.
The main purpose of SAO is to provide support to enterprises until they reach a certain level of maturity. With many SAOs emerging in Indonesia, there are some questions left unanswered.
We have also identified a gap in the representation of women in the growth-stage enterprises in Indonesia. SAOs can potentially play an important role to help women entrepreneurs overcome the additional challenges they face. We want to dig deeper into this by identifying the challenges and how different players in the ecosystem can contribute to narrow the gap.
From the research, we have:
  • Identified any gaps in the services provided by SAOs and services expected by startups/investors
  • Studied the effectiveness of SAOs from three different perspectives: Startups, investors, and SAO
  • Came up with service improvization/actions that can be taken to make SAO environment more gender inclusive.

 

We’d like to thank you every participant for their valuable insights!
Interested in our research?

We are currently gathering a qualitative survey to be filled by entrepreneurs. You can access the survey here (in English) and here (in Bahasa).
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[REPORT] ANGIN is published on BAPPENAS Quarterly Journal

Posted on | by angin

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Following our research on the social finance landscape in Indonesia, ANGIN’s report titled “Social Finance and Social Enterprises in Indonesia: A New Frontier for Development in Indonesia” is published on BAPPENAS (The Indonesian Ministry of National Development Planning) Quarterly Journal, December 2017 edition.
There are several other interesting research works from other contributors such as:
1. When is Growth Inclusive in Indonesia?
2. The Contribution of Natural Resources on Economic Welfare In Indonesia
3. Socio-Political and Economic Determinants of Income Inequality in Indonesia
4. Social Finance and Social Enterprises: A New Frontier for Development in Indonesia
5. Linking Open Data and the Fight against Corruption in Indonesia
6. Demographic Bonus for Indonesia: Challenges and Policy Implications of Promoting Universal Health Coverage

The journal will be published online on BAPPENAS website soon.
Meanwhile, please contact ANGIN team if you are interested in our research!

 
 
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[KNOWLEDGE] The profile Indonesian female entrepreneurs

Posted on | by angin

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From UNESCAP (United Nations Economic and Social Commission for Asia and the Pacific) report titled “Fostering Women’s Entrepreneurship in ASEAN: Transforming Prospects, Transforming Societies,” we can gather and compare the profile of women entrepreneurs from several ASEAN countries: Indonesia, Malaysia, Philippines, Thailand, Vietnam, and Singapore.

Below are the highlights:

Almost (more than 90%) female-owned enterprises are small, having employees between 1-5. Indonesia has the largest percentage of small businesses compared to Malaysia, Singapore, and Vietnam.
More than one-fifth of Indonesian female entrepreneurs start their business out of necessity. In other words, they start their businesses simply because there is no better option for earning a living. Philippines and Vietnam have a larger percentage of necessity-driven women entrepreneurs, 31% and 44%, respectively.
Generally, across ASEAN countries, female entrepreneurs report higher fear of failure, that might influence them to limit their expansion, and hence, reducing risks. This self-perception stem from sociocultural norms. Almost half of the Indonesian female entrepreneurs reported higher fear of failure.
Indonesian entrepreneurs, both male and female, have the highest level of new technology used in operating their businesses. Although the gender differences are small, female entrepreneurs are shown making greater use of technology compared to their male counterparts.
Both male and female entrepreneurs in ASEAN region are mostly involved in lower-value activities. More than 70% of female entrepreneurs in Indonesia are in retail trade, hotel, and restaurants sectors.
 
Source: UNESCAP, Fostering Women’s Entrepreneurship in ASEAN: Transforming Prospects, Transforming Societies, 2017
 
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Share Learning with Womena

Posted on | by angin

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ANGIN just had an insightful conversation with Womena, a Dubai-based angel investment network and startup ecosystem enabler for MENA region.

Womena was initially established in 2014 as an angel network with dominantly female angel investors. Similar to us, Womena has grown into a bigger startup ecosystem enabler, seeing the needs and opportunities. Another similarity that we share (and ANGIN is excited about) is Womena has objective to achieve gender diversity in the ecosystem, which it aims to achieve by empowering more women, both on the investment and entrepreneur side. The organization has routine programs (e.g. training, workshop, discussion, pitch session) for women entrepreneurs.

Realizing how we share mutual interest and conduct similar activities, we believe that there are learning we can exchange from one another. Moving forward, we commit to be more collaborative, both in learning, potential partnership, and story sharing. One of our exciting initiative would be to publish inspirational story of women entrepreneurs from Womena network on our platform and to have  similar story from our women entrepreneurs to be shared on their website.

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ABOUT WOMENA

A Dubai-based angel investment network and startup ecosystem enabler for MENA region with interest on empowering women and achieving a balanced gender diversity. Find out more about them and their works here.
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Shinta Kamdani on Bloomberg’s High Flyers

Posted on | by angin

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Shinta Kamdani, CEO of the largest distributor of consumer goods Sintesa Group, spoke about her entrepreneurial journey, her visions, and her passion in women empowerment with Haslinda Amin on Bloomberg Television’s “High Flyers”.

On the last episode of High Flyers (19/12), Shinta Kamdani shared the challenges she faced as the first young woman in her family to navigate the direction of three-generation family business which has been running for decades (established in1919), previously known as PT Tigaraksa.

In the interview, Shinta also talked about the barriers she encounters each and everyday as a triple minority (a woman, an ethnic Chinese, and a non-Muslim) in her own country. The good thing is Shinta always takes them positively; in fact, it is her fuel to break every glass ceiling.
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Apart from her work for Sintesa Group, Shinta also shared about her passion in women empowerment. Shinta wants to see more women on top, hence she created a supporting ecosystem to make it happen; from setting up women-to-women fund (ANGIN Women Fund) for female entrepreneurs in Indonesia, an incubation program, to an initiative to promote gender equality in workplace (IBCWE).

Find Shinta’s full interview video here.

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Azalea Ayuningtyas : co-founder & CEO of Du’Anyam

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Photo source : IndorelawanBlog

Azalea Ayuningtyas is the co-founder and CEO of Du’Anyam, a social enterprise that produces and distributes wicker crafts to empower women and improve maternal and child health in rural Indonesia. Graduated from Harvard School of Public Health (HSPH), Ayu has participated in many nutrition and sanitation improvement programs in Indonesia, Cambodia, and India. Before leading Du’Anyam, Ayu had experiences working for leading companies and institution such as Simon-Kucher, Stem Cell and Cancer Institute (SCI) by Kalbe Farma, and Johnson & Johnson.

Ever since the time she took her undergraduate course at the University of Michigan, Ayu had always felt the urge to be able to provide help to a lot of people. Having worked in a laboratory, she realized that there is a huge gap between the positive effects she wants to have on other people with the actual work activities she was currently doing, although most of her research and experiences was missioned to improve the health of people.

Aspired to create an impact, Ayu pushed further into the realm of social enterprise, where she felt that she can contribute the most. Leaving her upscale career in the US, she went back home to Indonesia where she then, with a couple of high school friends, founded Du’Anyam. Initially, a social company that aims to tackle maternal and child health in Flores, NTT, now is expanding to target other rural areas in Indonesia.

As the CEO of Du’Anyam, Ayu and her co-founders had successfully generated an award-winning social enterprise, proving that her passion for the social cause can be built into a professional business model. Her day-to-day contribution to the business covered all aspects of operation, finance, marketing, on field management and training, as well as relations.

Achievements on Du’Anyam

  • Winner of Global Social Venture Competition (2015) – Berkeley, USA
  • Winner of UnLtd Indonesia (2014) – Jakarta, Indonesia
  • Winner of MIT Global Ideas Challenge (2013) – Boston, USA

Background

  • CEO of Du’Anyam
  • Consultant, Simon-Kucher & Partners
  • Research Assistant, Michigan Center for Translational Pathology
  • Others: Johnson & Johnson, Stem Cell and Cancer Institute by Kalbe Farma

Education

  • SM2 in Public health, Harvard University School of Public Health
  • BS in Molecular biology, University of Michigan