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PT RUANG KREASI BERDAYA (KUMPUL)

Partner

KUMPUL is the premier digital entrepreneurship ecosystem builder in Indonesia. KUMPUL empowers entrepreneurs through its 70 hubs in 32 cities. It assembles startups, corporates, ecosystem builders and investors in one platform to bring synergy and impact across the nation.

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Application

6th June 2022 -
15th July 2022

Programme Duration

5th September 2022 -
2nd December 2022

RM5000 programme fee per startup*

2-3 pax

*Should there be any traveling, expenses to be bound by the startup.

*Please read the FAQ and T&C for details

Programme List

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Pre-Immersion Trip
(5 Days)

Programme Stage: Pre-Immersion Trip (5 Days)

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Learnings

Doing Business in Indonesia

A seminar session to better understand the regulations and legal compliances of running a foreign company in Indonesia

Indonesia Market Overview

Introduction to Company Success Managers and mentors

Success Managers will assist and monitor companies throughout the programme

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Immersion Trip
(5 Days)

Programme Stage: Immersion Trip (5 Days)

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Startups & Stakeholders Client Facing

Introduction to Indonesia’s Market

Success Managers will assist and monitor companies throughout the programme

FDG session with industry player for each participating industry

Success Managers will assist and monitor companies throughout the programme

Virtual B2B meetings with potential partners and customers to develop local and validated business models and establish product market-fit

Introduction to partners from public and private sector including government, NGOs, Corporates, investors, SMEs, Indonesian companies, incubator, global accelerators, funding agencies, co-working spaces, and mentors

Follow up & assess the result of business matching

*Partners connected to the startups will be decided based on startups needs during pre-immersion

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Design Sprint
(5 days physical)*

Programme Stage: Design Sprint (5 days physical / 10 half day virtual)*

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Learnings

Design Sprint with Sprint Experts - to assist our Malaysian companies to derive a product/solution market-fit strategy for the Indonesian market to accelerate speed-to-market

*To be confirmed

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Validation Trip
(5 days)

Programme Stage: Immersion Trip Day 3

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Validation and long-term partners meeting

Stakeholders Mapping with Companies

Companies will meet the strategic partners in discussing their product to later decide whether its solutions fit for the market or need further development

Follow up business matching

Meetings arranged for companies that has potential to proceed into partnership agreement or new industry partners

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Graduation Day

Programme Stage: Immersion Trip Day 4

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GMP Indonesia Graduation Day

Company Showcase

The companies showcase is to highlight companies and partners collaborations during the time of programme. The showcase will be pre-recorded and broadcasted publicly to announce the products to the public

Networking Session

The networking sessions will invite our networks from the private sector, VCs, or Government agencies partners to further look at collaborations after the products are established

Disclaimer: program content may differ from the published and is subject to change.

As the courtesy in this partnership with MaGIC, Global Market-fit Award is offer to one (1) outstanding startup by NiEA*:
Support One (1) outstanding startup to establish in Taiwan.
1-year free access to Taiwan Startup Terrace co-working space (Business office address registration is available)
1-year free local market-fit support by NiEA
Taiwan Startup Terrace Housing/Lodging support
* Award’s prize details, final selection and discrete decision is by NiEA.

Prioritised Verticals

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Eligibility Criteria

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High Growth - Expansion Stage

Strong financial records

Commercialised (TRL 6 or Series A above)

Solid traction

Majority Malaysian-owned or based in Malaysia