East Ventures, an Indonesia-focused enterprise capital agency, has launched its fourth version of the PASTI BISA programme to help these affected by current layoffs within the tech ecosystem.
The newest version dubbed as Maju Terus Pantang Mundur (IDPB MTPM), which interprets as maintain shifting ahead and by no means surrender, offers a chance for aspiring entrepreneurs to develop their enterprise concepts and take their first step in making a startup.
They are going to obtain direct teaching from consultants within the digital ecosystem throughout a number of areas, join with traders, and obtain a complete funding of US$ 500,000 (IDR 7.5 billion) within the type of uncapped convertible notes for 30 groups.
East Ventures will announce as much as 120 shortlisted groups via IDPB MTPM and East Ventures’ official web sites and social media channels on 1 December 2022.
This collaborative programme is supported by companions corresponding to IDN Media, Tech in Asia, and Katadata.
Purposes for the IDPB MTPM programme are actually open till 30 November 2022.
Willson Cuaca
“Hundreds of abilities throughout the tech ecosystem had been laid off. We imagine that the impacted abilities have nice potential, but they’re simply at an unlucky time and situation.
To maintain them unleashing their potential, East Ventures needs to create a platform to help these people impacted via Indonesia PASTI BISA Maju Terus Pantang Mundur.”
mentioned Willson Cuaca, Co-founder and Managing Associate at East Ventures.
Avina Sugiarto
“We encourage all impacted abilities to use to this teaching and hackathon program. We’re trying ahead to partnering with any organizations to help this initiative.
We hope to see many nice abilities and potential concepts to resolve ache factors in Indonesia. We’re trying ahead to shifting collectively in reviving and growing the digital ecosystem and taking steps towards reaching an inclusive and sustainable future,”
mentioned Avina Sugiarto, Associate at East Ventures.
