The ESVI Launchpad is a groundbreaking initiative by the University of Muhammadiyah Malang (UMM) in collaboration with TSD Ventures to establish a comprehensive entrepreneurship ecosystem in Indonesia. This project aims to create a vibrant coworking space and launch specialized incubators and accelerators to foster innovation, support local and international business growth, and drive positive social and environmental impact.
A state-of-the-art coworking facility designed to nurture collaboration, innovation, and entrepreneurship among students, startups, and established businesses.
Four distinct programs targeting key areas of growth and impact:
a) Social Impact Incubator
b) Environmental Solutions Accelerator
c) Muslim-Friendly Business Incubator
d) Global Indonesian Business Accelerator
A strategic initiative to leverage Singapore's financial center status for facilitating investments and business expansion between Indonesia and the global market.
Set up the ESVI Coworking Space
Develop curriculum and mentorship programs for incubators/accelerators
Establish partnerships with key stakeholders and funders
Launch the first cohort of each incubator/accelerator program
Scale up incubator/accelerator programs
Establish the Enterprise Bridge in Singapore
Develop international partnerships for global expansion
Implement advanced technologies for virtual incubation and mentorship
Position ESVI Launchpad as a leading entrepreneurship hub in Southeast Asia
Integrate with regional and global startup ecosystems
Develop specialized programs for emerging technologies and industries
Establish an ESVI venture fund to support high-potential startups
Launch of 500+ startups across various sectors
Creation of 5000+ jobs in Indonesia and the region
Facilitation of $100 million in investments for Indonesian startups
Development of 50+ impactful environmental solutions
Expansion of 100+ Indonesian businesses into global markets
Local and international universities for knowledge exchange
Government agencies for policy support and funding
Corporate partners for mentorship and potential acquisitions
NGOs and impact investors for social and environmental initiatives
Islamic financial institutions for Muslim-friendly business support
Government grants and subsidies
Corporate sponsorships and CSR initiatives
University endowments and alumni contributions
Impact investment funds
Membership fees from coworking space and incubator programs
AI-powered startup evaluation and matching systems
Blockchain for transparent investment tracking
Virtual and augmented reality for immersive mentorship experiences
IoT and big data analytics for measuring startup performance and impact
Market fluctuations: Diversify focus areas and maintain a balanced portfolio
Regulatory challenges: Engage with policymakers and maintain compliance
Talent retention: Develop attractive incentive programs and career growth opportunities
Funding sustainability: Establish multiple revenue streams and long-term partnerships
The ESVI Launchpad project represents a transformative initiative to boost entrepreneurship, innovation, and economic growth in Indonesia and beyond. By leveraging UMM's academic expertise, SCII Hub's global network, and the vibrant startup ecosystem, this project has the potential to create lasting impact and position Indonesia as a key player in the global innovation landscape.