[RECAP] Impact Accelerator-Batch 3 Awarding Ceremony

Kinara Indonesia’s Indonesia Impact Accelerator organised an  awarding ceremony for its Batch 3 participants  last Thursday (5/12). 

At the reception, 12 women-led in Innovative and Ethical Fashion businesses pitched their business to a crowd of investors, government and other relevant stakeholders. At the end of the pitching session, four of them were announced to be the top winners and received USD 25,000 investment from Patamar Capital supported by Investing in Women. The four were uniquely selected via peer assessment model. (Congratulations Astungkara, Kostoom, HeyStatic and Minikiniz!). The event was closed with a warm networking and dinner reception.

This batch is rather interesting for ANGIN team as it focuses on sector that is rarely focused on in other similar programs. We thank the Indonesia Impact Accelerator team for inviting us to participate in the speed dating and awarding ceremony event. Because of this opportunity, we found  many interesting ethical fashion businesses operating across the archipelago, which we have never heard before!


About Indonesia  Impact Accelerator Program

Indonesia Impact Accelerator Program is initiated by Kinara Indonesia, Patamar Capital, and Investing in Women in 2016. This is a 4-months intensive capacity building support targeted for women-led businesses in Indonesia. Beyond acceleration, the program also provides USD 25,000 investment for winners, who are interestingly selected via peer selection process.

[INVITATION ONLY] Investor Forum: Impact Accelerator Program

ANGIN is proud to be invited to Kinara and Patamar Capital’s Investor Forum of their Impact Accelerator Program for Women-Led Businesses.

In this current batch they are running the program for Woman Co-founded Innovative & Ethical Fashion Business, particularly those who have women as either the founder or the senior management level.

About Impact Accelerator Program

Impact Accelerator Program is a program adaptation of the Village Capital incubation’s ‘Peer Selection Investment‘ model. The program comprises of 3 workshops and 2 webinars.  They use VIRAL metrics as a guideline to do self-assessment and peer learning. Participants will try to do “peer-ranking” on VilCap platform after each workshop, and from the final peer ranking, the 4-top-ranked business will receive each USD 25K.

[RECAP] Nexus Indonesia Salon

NEXUS Indonesia organized its first Salon in Jakarta with theme “Sustainability Check Up & Incubating Ideas on the Workers Safety”. At this event, ANGIN team had the opportunity to mingle with more than 20 exceptional young individuals, who have interest to tackle certain social and/or environmental causes. For the whole night, we were struck by their story and their passion in doing their impactful works; that ranges from educating women migrants, creating alternative solution to plastics, to improving the live of farmers and fishermen.

While these individuals have different backgrounds (from family foundation to social enterprises and business professionals) and aim to achieve a diverse set of impact missions (from women empowerment, environmental protection, to poverty alleviation), their common passion and spirit resulted in an engaging dialogue and fruitful idea exchange.

This Salon was also aimed to support Fahreza & Janhavi from http://www.tft-earth.org/. Through their work, they found that the workers at the end of the supply chain are exposed to dangers to the wild animals, accidents like cuts being hit by heavy fruits. As there is a high no of accident rate, the workers refused to wear the safety equipment. Through this Salon, Fahreza and Janhavi facilitated a discussion on how to address the issue. In the short term, they also plan to organize a hackathon to collect more insightful solution to this challenges. Currently, they are welcoming ideas and support from everyone (Any thought? Feel free to drop comment below!)

Seeing young individuals thriving to make a better Indonesia revived our spirit to create better impact for the country. This event is a refreshing experience. We thank NEXUS Indonesia leader and our very own angel investor, Michella Irawan, for hosting this amazing event and inviting us.



NEXUS is uniting Next Gen Philanthropists, Impact Investors and Social entrepreneurs to encourage collaboration and the goal is to catalyze new leadership in order to accelerate the most promising global solutions of our generations. NEXUS has over 40 Country Chapter (Including Asia – Europe – India – Middle East – Africa and many more ), has over 3500 members, 37 Summits & Forums & 15 working groups and labs that address the different topic & global challenges.

NEXUS holds member interactions to be sacred and safe, which is why solicitation in not permitted. NEXUS events are not transactional; rather they aim for authentic connection and inspiration. Salons are a meet up where members get to deep dive in a topic and its a good chance for likeminded peers to catch up and share wonderful resources like ideas/support/network.

In Indonesia, NEXUS Indonesia chapter  aims to create a Warm & Safe space for Indonesia members and likeminded peers- to cultivate trust by living with a sincere wish to help each other access our best selves and to contribute to the needs of our global community.

[RECAP] Rise Inc: The Right Funding for Social Enterprises

Realizing that finding the right funders and securing finances can be challenging for social entrepreneurs, Rise Inc. organized a workshop titled “The Right Funding for Social Enterprises (SEs)” for its incubated companies. Through this workshop, Rise Inc team shared knowledge on sources of funding and tips and tricks to fundraise.

To even better prepare their incubated SEs, Rise Inc.’s team held a pitching practice for them. ANGIN team had the opportunity to sit in a panel session together with team member of Patamar Capital, Empassion, and Digitaraya. There were 14 SEs who pitch; they come from variety of sectors. The 14 SEs were Dukung.ID, Tenoon, Diffago, Camp on Farm, Ortwo, Cooltura, Jahitin.com, Tanijoy, Studio Dapur, Lactashare, Siswa Wirausaha, Jelajah Garut, Botanina and Melaut.

We thank Rise Inc. team for inviting us. We had a great time hearing the business story and progress of these SEs.

Good luck for all Rise Inc’s graduates!

[UPCOMING] GK-Plug & Play Seed-Stage Startup Gathering

Are you a seed-stage startup looking to network with fellow startups and getting feedback from one of the biggest accelerator in Indonesia? If so, you need to come to Seed-stage Startup Gathering held by GK – Plug & Play this May!
About the Event
Beside meeting your fellow startups, you will get to know GK – Plug & Play more. During the event, GK – Plug & Play will share more about trick and trick to get seed funding, what are the key criteria that investor are looking for, what are the benefit of joining accelerator program, how to collaborate your startup with corporate, and many more.
Don’t forget to bring a laptop and your latest pitch deck. Although this is not a pitching event, GK – Plug & Play will have their team to check on your pitch deck & provide feedback.
Limited Seat Available! RSVP Now!
About GK – Plug and Play Indonesia
Plug and Play is the most active venture capital firm in Silicon Valley. In 2016, President Jokowi invited Plug and Play to support startup ecosystem in Indonesia. Partnering with Gan Konsulindo, a local strategic advisory, Plug and Play was officially launched in Indonesia on November 2016. In Indonesia, GK – PnP invest in startups through 2 batches of accelator program every year.

[CALL FOR APPLICATION] GK-Plug and Play Indonesia Accelerator Program Batch 3

About Plug and Play

Plug and Play Indonesia accelerator program is here to help you to speed up the progress of your startup so you can build a better product in your chosen market. During the 3-months program you’ll get the following benefits:
  • Opportunity to collaborate with corporations
  • Seed funding
  • Direct mentorship and workshops from successful entrepreneurs and industry leaders
  • Up to $60,000 value of free tools, services, and startup programs
  • Opportunity to network with local and international investors
  • 3 months of co-working space in elite area at Kuningan
  • Exposure to media
  • Opportunity to meet regulators
  • Access to Silicon Valley and the global technology community
After the program, you’ll be given a chance to present your startup in front of hundreds of investors, government, our corporate partners, and media.

Terms & Conditions

1. There is no application fee associated with the program.
2. Any late submissions will not be considered.
3. GK-Plug and Play reserves the right to use contents submitted throughout the application process for publicity materials, including but not limited to, Startup Company profile and introduction video.
4. By applying to GK-Plug and Play program, you agree to be a part of the ecosystem, thus receiving invitation and/or updates regarding future events and programs.
5. Decisions in respect of all matters to do with the program will be final and no correspondence will be entered into.
6. GK-Plug and Play reserve the right to change the program timeline at any time, so please check your email regularly for important updates.
7. GK-Plug and Play reserve the right to change these terms and conditions at any time, and by applying to the program, you agree to abide by the most recent version of this.


1.  Send an email to nadira@angin.id with the subject “GK-Plug and Play Application”
2. Attach your most recent pitch deck.
3. Send the email!
Applicants with ANGIN referral are given special consideration to the GK-Plug and Play program. We look forward to seeing your decks!

Elsye Yolanda: Operation Chief of GnB Accelerator

Tell us a bit about yourself.

My name is Elsye Yolanda and I’m the Operation Chief of GnB Accelerator.

What’s your story?

Working at a startup accelerator is something that I never thought about doing, because it’s something new for me. I used to work for big corporations in Indonesia. Then I studied overseas because I wanted to have a better job; I did CSR studies in my university, because I wanted to help people while doing my job. I think CSR is very suitable because in corporations, they have money, they help people around them with their programmes. And that’s why it was suitable for me. But when I came back to Indonesia, the reality was different: CSR in Indonesia has a different philosophy. It’s something that you have to do because of the regulations, not because the companies want to do it for the sake of their own responsibility.

At GnB, I get to help small startups at a very early stage. We give them funding and help them through our program. That’s interesting for me; it’s helping people through helping startups.

It took me about 6 months to realize what exactly it is that I’m doing. I went to a conference in Malaysia about changing CSR to CER. CER is “corporate entrepreneurship responsibility,” which is something measured more easily, compared to CSR. It’s helping the startup. The way I see it, the way CSR can help startups is similar to the work of incubators and accelerators.

But of course there is a business in it.

Can you give more context to what CSR is like in Indonesia, and what areas can be improved?

Indonesian CSR…some good companies do it very well, following the true meaning of CSR. But not all companies are like that. Some companies do CSR because of the regulations. The regulation states that some percentage of company profits should be put into a CSR program. And all companies that do something with natural resources, they have to do CSR. The regulation is not very specific, but it makes companies at least have a CSR program. The regulation is also not really in line with the exact meaning of CSR. CSR should be something that comes from the responsibility of a company. Something that companies think that they should do for the sake of people around them, and the loyalty of their employees – because it’s related to the employees as well.

That’s the thing. They are doing CSR only due to government regulation, or somehow, they do it for marketing purposes.

What we can improve? I believe that every company should have their own CSR department, where they really understand what it is and how to implement it.

I interviewed one corporation about their CSR program and asked them, “What is the sustainable CSR program that you run?” and they told me, “Yeah we have a blood donor program as a sustainable program.” They don’t know what constitutes as sustainable and what does not. That’s why I think someone must be responsible to make sure the program and its intended impact are properly thought out. It’s really important.

How does GnB measure the impact of helping other entrepreneurs and supporting them along their journeys?

For startups themselves, because we have just started in 2016, I cannot yet see the whole impact. But when we help startups, we can find how they benefit from the program itself. For instance, they find that their business improved after participating in the program. It’s an impact. It’s a small one, but it matters a lot for the entrepreneurs.

We are helping the startups through investments, of course. But we want to help them scale up, to be excellent in the future. If they can possibly IPO or reach an exit, we want to help them. This is the way we can help in this industry. For me, this is CSR for the startup ecosystem.

As someone overseeing an accelerator program, how do you see the women entrepreneurs compared to the male ones? Is there any difference? Do they struggle with different things?

There are certainly unique challenges for women in the industry. Most of the founders in Indonesia are men. Women have kids but still have to take care of their company – they have a lot of tasks to do.  But I can see that women entrepreneurs in Indonesia are doing it very well. Some of my friends are startup founders, and it seems like that they can balance raising children while running a startup perfectly. I have several women entrepreneur friends, and they are very supportive of each other; the community of women entrepreneurs is strong. Women entrepreneurs face challenges, but they tackle the obstacles together as a community.

I think on the investment side, it’s a bit challenging as well. It takes time to fundraise, it takes more effort to get investors, and somehow you have to meet an all-male investor team. In Indonesia, there is the perception, too, that women are more comfortable if someone is physically accompanying them. On the investment side, it’s not something that you can do, right? You have to pitch in front of men, in a public area, where it’s not your husband. It’s weird for some people. Being a female entrepreneur is challenging because of the culture in Indonesia.

In terms of ecosystem, as ecosystem builder, what things can be implemented for better supporting women in their journey?

In our portfolio and alumni list, we don’t have a lot of women entrepreneurs so far. But I know outside, there are a lot. In the future, we might think about having a program specially targeting women. We won’t give investments yet, as it’s very difficult to source startups for the current ones, let alone for women-only startups. I believe women also look for mentors and connection to investors. It would also help to have more women investors, because women understand women.

Have you faced any challenges as a women in the startup space? Startup space is very male-dominated. How do you navigate that?

They call me mom, somehow (laughs). Like bunda, bunda! Accelerators need more women as well. We are more detail-oriented than men, I can say. The way we negotiate with startups, it has a more personal touch. We do one-on-one sessions, where I ask founders personally what their needs are. It’s very important to have women in accelerator programs, because I cannot imagine if accelerators were run by an all-male team.

Being a woman in this ecosystem is also challenging in terms of networking sessions. For myself — as you know, I’m wearing hijab. When we go to places like clubs (for networking parties with startups), someone might think that I’m not a good Muslim.

Do you have any personal women heroes or role models?

I do! Her name is Monthida McCoole; she’s from Singapore, a former manager at muru-D. She’s now on the investment side, where there are not so many women investors. She understands what I’m doing, and I really adore her. She’s also one of our mentors at GnB. At the beginning when I started working at GnB, she helped me a lot.

Do you have a message you want to share with women or girls looking into the startup space but who are unsure of themselves?

The startup ecosystem is a very open space; they generally never categorize you as a man or a woman (although some do). It’s a good place to start building your own idea; you can do things your way and better in the startup ecosystem. I believe that programs like mine – accelerators and incubators – can help startups and women entrepreneurs. And of course, there are a lot of communities that can help  support women. Don’t be afraid to start. There’s a place for women everywhere, in any business.