Venture Factory

Global-Scale Business Innovation Incubation Program for Indonesian Academics and Diaspora to Establish Research-Based Ventures Addressing Future Global Challenges.

Criteria

  • Cultivating entrepreneurs and impact-driven startups, particularly focusing on building ventures that address future global challenges.
  • Establishing a business innovation ecosystem or “Business Factory” for Indonesian academics/researchers/diaspora/scholars worldwide.
  • Serving as a multi-stakeholder platform for all stakeholders, including academics, community organizations, philanthropy, the private sector, and government.

 

Business Innovation Themes to be Developed:

  1. Agriculture
  2. Energy
  3. Healthcare
  4. Education

Requirements

To register to become one of the Top 100 Sustainable Venture Founders, you must:

  • You are a scholar/alumnus/researcher/aspiring venture founder who has graduated or is currently pursuing a Diploma, Bachelor’s, Master’s, or PhD degree with Indonesian citizenship.
  • You have a passion for creating research-based ventures that will have an impact on Sustainable Development.
  • Your team consists of at least 2 individuals and is ready to embark on the journey of building your venture.
  • Your team is fully committed to completing this program.
  • The business/venture/innovation you propose is original and focuses on at least one of the 4 themes of the Venture Factory for Scholars.

Category

  • Independently: Participants who register independently through the Venture Factory for Scholars program’s socialization efforts.
  • University: Participants who receive recommendations from University Lecturers/Officials through the Lestari Innovation Hub.
  • Diaspora: Participants who receive recommendations from Diaspora Organizations/Students outside of Indonesia

Prize and Benefits

Bootcamp throughout the program duration
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Business Mentoring
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Business Development
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Connected to Entrepreneurship and Investment Ecosystems
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Opportunity to become Lestari Top Venture Founders 2023
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Opening opportunities for the Lestari Innovation Hub
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Business acceleration support worth up to US$25,000 for the top 3 winners
Up to IDR 200 million business development funds for the top 10 participants

Timeline Program

2 Juni - 2 Juli 2023
Registrasi dan Submisi Ide Inovasi
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2 Juni - 2 Juli 2023
Registrasi dan Submisi Ide Inovasi
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2 Juni - 2 Juli 2023
Registrasi dan Submisi Ide Inovasi
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2 Juni - 2 Juli 2023
Registrasi dan Submisi Ide Inovasi
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Showcase Day

Wilton Halim
Investment Associate of Monk's Hill Ventures
Sumarny Manurung
VP of Investment at SPIL Ventures
Prima Teguh Prasojo
Head of Channel Partnership of Aspire
Agung Bezharie
Partner from ANTLER

Startups

CERO is a platform for individual carbon footprint and decarbonization using a combination of AI, IoT, and ML on Blockchain Smart Contracts to create personal carbon wallets and promote green activities.


cero.org/

WeavInsight is a predictive digital twin software for reducing emissions and climate risks.


weavair.com 

Stofee is a B2B Marketplace for Fashion brands. We help global fashion brands to connect with reliable suppliers and manufacturers in Indonesia.   

 

stofee.com

PriyoShop is the on-demand B2B marketplace in Bangladesh that empowers retailers by connecting them directly to suppliers to fix the fragmented supply chain with embedded finance.     

priyoshopretail.com  

Addlly AI creates custom playgrounds for enterprise customers to transform the content creation in a zero-prompt workflow.   


addlly.ai

Surplus Indonesia is revolutionizing the way we manage food surplus and waste by providing an innovative “Food Rescue App.” 

surplus.id/ 

Prospero‘s proERMS is a cutting-edge Risk SaaS platform designed to empower businesses with robust enterprise risk management solutions.  

 

https://prosperosolutions.co.id/proerms

KITA is an Indonesian digital company that was founded in early 2021. Our vision is to become a leading digital company that will transform the process of family needs in Indonesia through technological developments  

 

/kitacareindonesia.com

Blitz is Indonesia’s first EV Enabler Platform, driving the mass adoption of electric vehicles through a comprehensive value proposition that includes EV and logistics, EV financing, charging networks, and a robust tech stack. 

rideblitz.com

Batari Energy is a renewable energy start-up focusing on manufacturing battery to utilized 24 h use of renewable energy. Based in Bandung, our start-up developed an AI-assisted battery management system, allowing longer battery life. 


batarienergy.com

AETJAY is a new model for calling and collecting recyclable materials using mobile phones. We leverage technology to provide comprehensive service, transparent pricing, and flexible payment methods to business owners, including restaurants, retailers, and other private companies of all sizes.  


aetjay.com

Place and Date

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