In collaboration with Gan Kapital, a strategic investment advisory in Indonesia, Plug and Play is finally going to announce the 11 selected startups for its first batch of accelerator program in Indonesia. The announcement will be held at a coworking space where these startups will reside and learn during the 3-month program in Kuningan, South Jakarta. Based in Silicon Valley, Plug and Play Indonesia is part of the largest startup accelerator program in the world.
Plug and Play Indonesia accepted more than 400 startups applied between the month of February and March. These applications came from Jakarta, Bandung, Yogyakarta, Bali, Malaysia, Singapore, Hong Kong, India, Brazil, and even Germany. Indeed, Plug and Play Indonesia accelerator program also welcomes foreign startups trying to enter Indonesia’s market. Plug and Play Indonesia proudly introduces the startups selected to be part of its first batch of accelerator program, that is Dana Didik, KYCK, Otospector, Bustiket, Karta Indonesia Global, Sayurbox, Brankas, Astrnt, Bandboo, Wonderlabs, dan Toucan.
“Selecting these startups wasn’t an easy task because we met with so many high quality startups. We are positive that our months of rigorous selection process has led us the 11 best startups,” said Nayoko Wicaksono as the Accelerator Director of Plug and Play Indonesia. After carefully reviewing the online application and documents, 50 startups were invited for an initial pitch session on March 29 and 30.
During this initial pitch, startups were asked to explain business model, traction, financial plan, as well as the team profile. The next step was another round of pitching in front of a panel judges from Plug and Play Indonesia, Play and Play Asia Pacific, Plug and Play Silicon Valley, as well as representatives from corporate members, such as Astra International and Bank Negara Indonesia. “Our Corporate Partners also have the right to vote for the startups who will be joining our accelerator program. This is one of the way to ensure that our startups will get the benefit of working with corporates,” said Wesley Harjono, President Director of Plug and Play Indonesia who was also a part of the final judging panel.
Collaboration with corporate and seed funding are just some of the benefits received by the 11 selected startups. During the 3-month accelerator program, these startups will also be mentored closely by pool of experts united in Plug and Play Indonesia ecosystem. These startups will also have access to workshops of different topics that will be delivered by more than 60 experts from different areas. Among Plug and
Play Indonesia pool of esteemed mentors are Kevin Darmawan from Coffee Venture, Sebastian Sieber from Lazada, Sukan Makmuri from KUDO, Anton Soeharyo from Touchten, Natali Ardianto from Tiket.com, Nikita Semenov from Zen Room, Norman Sasono from Bizzy, Mark. F Winkel from Prisma Public Relations, Rama Mamuaya from Daily Social, Wempy Dyocta Koto from Wardour and Oxford, and many more. The list doesn’t stop there, the selected startups will also have free access to a coworking space strategically located in elite are of Kuningan, South Jakarta. “With this holistic support from Plug and Play Indonesia, our startups can focus on developing their product to the market,” said Nayoko
Wicaksono, Accelerator Director at Plug and Play Indonesia. At the end of the 3-month accelerator program, Plug and Play Indonesia will be holding a Demo Day. This Demo Day is meant to bridge Plug and Play startups with local and international customers and investors.
The Demo Day is currently scheduled to be in August 2017.