Entrepreneurship jamboree to run alongside APEC Summit
The Office of the Coordinating Economic Minister will be hosting an entrepreneurship jamboree concurrently with the upcoming Asia-Pasific Economic Cooperation (APEC) Summit in Bali scheduled for October.
The gathering will welcome not only Indonesian participants but also international representatives from the APEC Summit delegations as well.
The APEC Summit will, from Oct. 1-8, welcome at least 21 heads of state and around 1,000 CEOs of international companies.
“The entrepreneurship gathering is a routine national event. But this year, we are increasing the numbers of participants from 200 to around 400 people so as to include the representatives of the APEC countries. Domestic participants can take part through selection,” Handito Joewono of the national coordination team for creative entrepreneurship development at the Office of the Coordinating Economic Minister told Bali Daily recently.
He said that the APEC Summit would serve as the perfect ground to test the competitiveness of domestic products on the international market.
“Business people can share information and experience and even attract market interest,” said Joewono, stating that connectivity between domestic and foreign markets served as a key requirement in an entrepreneurial world.
The jamboree will, among other things, feature exhibitions, seminars and workshops, as well as contests related to innovation and creativity. He acknowledged that the ministry was currently in high spirits to develop entrepreneurship in Indonesia.
The ministry is working jointly with the representative office of Bank Indonesia for Bali and Nusa Tenggara, which has hosted seminars and training in Bali, including a two-day event in February participated in by businesspeople from around 500 micro, small and medium businesses (SMEs), new entrepreneurs and student representatives from universities across Bali.
Dwi Pranoto, head of the Bank Indonesia representative office for Bali and Nusa Tenggara, said that since last year, his office had started to promote a new program called Youth Marketpreneur. As many as 23 new entrepreneurs had been supported by capital funding of Rp 10 million (US$1,030).
Dwi said that Bali had huge entrepreneur potential.
“The name Bali itself is already a brand. Its products are acknowledged by the foreign market. The local market is also strong because visitors come all year round,” said Dwi, stating that Bank Indonesia continued to encourage entrepreneurs in Bali by increasing loan allocations for SMEs and young entrepreneurs.