Last Monday, ANGIN team had the opportunity to lead a workshop on Startup Financing at Youth Economic Leadership Program (YELP) event. At this workshop, we shared about the landscape of capital providers in Indonesia, the techniques to find and approach the most relevant capital provider for their needs, as well as basic pitch training to prepare them for their final pitching session in the front of investors and audience on the next day.
40 selected startups from various sectors (e.g. financial services, agriculture, education, health) and company maturity stage attended the program. Our team had a great time, especially during 1-on-1 pitch prep talk, where we listened to the stories of some passionate founders and their startups.
YELP is an intensive program to prepare Indonesian youth to be the next economic leaders. YELP is organized by Bank Indonesia (BI) Institute and has been running annually since 2016. The program is comprehensive. Beyond equipping the youth with needed skillsets (e.g. what to know about building technology startups, developing UI/UX, fundraising, human capital management), they also prepared them with needed mindsets (e.g. economic leadership concept).
This year, 40 startups are selected by BI Institute. They received training from various prominent mentors, such as Sanny Gadaffi and Nayoko Wicaksono, and had their pitch watched by well-known investors such Patamar Capital and Kinara Indonesia