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Salim Group, NUS Enterprise Open Start Up Incubator in Jakarta

Salim Group, NUS Enterprise Open Start Up Incubator in Jakarta

National University of Singapore (NUS) Enterprise has teamed up with the Indonesian conglomerate Salim Group to launch start-up incubator BLOCK71 in Jakarta.

Modelled and named after the original BLOCK71 start-up hub in Singapore, the facility in Jakarta is almost twice as big at over 1,500 sq m. It is located in Kuningan, where much of Jakarta’s tech community is at.

Housing 24 businesses, the incubation facility aims to support entrepreneurship development and innovation in both Singapore and Indonesia and tap combined experience and resources of NUS Enterprise and Salim Group.

Singapore's Minister for Trade and Industry
Singapore's Minister for Trade and Industry Lim Hng Kiang and Indonesia’s Minister of Trade Enggartiasto Lukita at the launch ceremony. Image: BLOCK71 Jakarta

 

Salim Group, NUS Enterprise’ partner for BLOCK71 Jakarta, is an Indonesian conglomerate which has diverse businesses across industries spanning food, retail, telecommunications, hotels and others.

NUS Enterprise chief executive Lily Chan said to The Straits Times ,"Block71 Jakarta is open to all start-ups and entrepreneurs who are keen to explore the Indonesian market. In particular, we strongly encourage companies which are developing innovative technology solutions with the potential to scale globally to apply."

 

Block71 Jakarta. Image: Waidesignlab.com
Block71 Jakarta. Image: Waidesignlab.com

According to a press statement, some 20 startups are based at the facility already, with half of them originating from Singapore. Examples of startups working at the facility are Carro, Viddsee, Circles.Life, HelloBill, pslove company, and 8villages.

One such Singapore start-up, pslove, is already in discussions with an established Indonesian company to bring its products – heat patches to ease back, neck and menstrual pain - into the Indonesia market.

“Indonesia is so different from Singapore, so being able to plug into the support and community here, it really helped us with initial problems, such as different cultures and nuances that we had to cope with,” said Ms Tan Peck Ying, 29, founder of pslove.

Block71 Jakarta. Image: Waidesignlab.com
Block71 Jakarta. Image: Waidesignlab.com

 

Axton Salim, Executive Director of Salim Group said to Kontan, "We started this initiative because we want to support entrepreneurs and encourage new developments in Indonesia," he said.

Singapore’s Minister for Trade and Industry Lim Hng Kiang and Indonesia’s Minister of Trade Enggartiasto Lukita officiated the launch ceremony in Jakarta.

It will cost about S$80 a month to rent a desk there.

BLOCK71 Jakarta marks the fourth BLOCK71 facility globally. The other three are in Singapore (which opened in 2011), San Francisco (2015) and Suzhou.

 

 

Indah Gilang Pusparani

Indah is a researcher at Badan Perencanaan Pembangunan Penelitian dan Pengembangan Daerah Kota Cirebon (Regional Development Planning and Research Agency of Cirebon Municipality). She covers More international relations, tourism, and startups in Southeast Asia region and beyond. Indah graduated from MSc Development Administration and Planning from University College London, United Kingdom in 2015. She finished bachelor degree from International Relations from University of Indonesia in 2014, with two exchange programs in Political Science at National University of Singapore and New Media in Journalism at Ball State University, USA. She was awarded Diplomacy Award at Harvard World Model United Nations and named as Indonesian Gifted Researcher by Australian National University. She is Researcher at Regional Planning Board in Cirebon, West Java. She previously worked as Editor in Bening Communication, the Commonwealth Parliament Association UK, and diplomacy consulting firm Best Delegate LLC in USA. Less
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