The Asian Development Bank (ADB) has been working with many of its Developing Member Countries (DMCs) on the topic of Tech Startup Ecosystem Development by supporting Governments through a range of financing modalities, technical and conceptual support, and knowledge sharing activities.   

Since 2019, ADB has organized series of Workshops and Events on Tech Startup Ecosystem Development hosted in the Republic of Korea.  The upcoming Expert-Practitioner Workshop and Indonesia Showcase is being co-organized in partnership with Indonesia’s Ministry of Communications and Information Technology (KOMINFO). Apart from exchanges between participating DMC delegations, the workshop will feature the ecosystem development and startup support efforts of the Government of Indonesia, other ecosystem enablers, as well as the ADB-funded Promoting Research and Innovation through Modern and Efficient Science and Technology Parks (PRIME STeP) project.   

 

Indonesia ranks 2nd in Southeast Asia and 36th globally in Startup Blink’s ranking. The country has a vibrant startup ecosystem, with the Government undertaking accelerator programs (e.g. The National Movement for 1000 Digital Startups) and improving digital infrastructure (e.g. fiber-optic cable network connecting the archipelago). It boasts of several unicorns such as J&T Express, Xendit and Traveloka. Indonesia has also extended its support to the education sector and R&D.  

The workshop dates are 9–13 September 2024 of which some days will take place in Jakarta and a few in in Bandung. Most participants will be representing DMC Governments, plus a representative from a non-Government ecosystem enabler from participating DMCs (e.g. Accelerators, Incubators, Impact VCs), accompanied by ADB Resident Mission and HQ staff.  

 

The workshop dates were 9–13 September 2024 of which some days took place in Jakarta and a few in Bandung. Most participants represented DMC Governments, plus a representative from a non-Government ecosystem enabler from participating DMCs (e.g., Accelerators, Incubators, Impact VCs), accompanied by ADB Resident Mission and HQ staff.  

The workshop aimed to provide a venue for participants to be exposed to the Indonesian startup ecosystem development journey, current institutional arrangements and partnerships and provided a platform for peer learning among participants. It provided opportunities for participants to feature their work on startup ecosystem development, to forge new partnerships and to engage in dialogue with ADB staff and peers on future opportunities for collaboration and knowledge sharing.