She Loves Tech and ANGIN Announce Indonesia’s 2022 Winner to Global Round Competition!

JAKARTA – September 10, 2022, was marked as the Final Pitch Day and also the final event of She Loves Tech Indonesia 2022. The event was held virtually and showed impressive pitches of Indonesia’s Top 8 Finalists and great enthusiasm from the audience!

BintanGo has been announced as the winner of this year’s She Loves Tech Indonesia competition and will continue to represent Indonesia to pitch at the global finals during the She Loves Tech Global Conference in November, while CareNow Indonesia and Tokban came in second and third respectively.

Honorable Mentions for 2022 Finalists Include:

Allas, Depatu, FitHappy, Hear Me, Reach

This year’s competition attracted a record number of applicants, with over 80+ female founding/female consumers tech startups applying from all across Indonesia. Only a total of 8 teams were shortlisted to enter the challenging She Loves Tech program to refine their business offering, including perfecting their value proposition and pitch.

She Loves Tech Indonesia 2022 finalists participated in several activities, such as training supported by Plug and Play Indonesia, mentoring activities with expert mentors from top VCs, and global events aimed to connect Startups in the SEA region, to pitch activities or the highlight of this program.

The startup scene in Indonesia has been flourishing over the last years, and She Loves Tech, the world’s largest startup competition for women and technology, seeks out and accelerates the best entrepreneurs and technology for transformative impact, including in Indonesia. As a long-term organizing partner, ANGIN is again the main local partner of She Loves Tech Indonesia this year.

She Loves Tech is a global community, we welcome you, whether you’re a startup, investor, corporate, or simply just someone who’s a tech enthusiast.” Says Rhea See, Co-CEO and Co-Founder of She Loves Tech.

She Loves Tech is designed to give the world’s most promising women tech entrepreneurs and women impact startups a unique opportunity to showcase their businesses to a global audience of investors and influencers. The 2022 series kicks off with 70+ rounds across the world before culminating in a high-level boot camp, global finals and conference.


Honorable Mentions

She Loves Tech Indonesia 2022 couldn’t be successfully executed without the help and support from our esteemed judges, mentors, and local community partners! Sending our sincere gratitude to:

Organizing Team & Main Local Partner:

  ANGIN-Indonesia-Angel-Network-e1464525722609logo1

Event Partner:

Plug and Play Tech Center

Judges:

Avina Sugiarto – Partner, East Ventures
Dondi Hananto – Partner, Patamar Capital
Joshua Agusta – Executive Director, Vertex Ventures
Margaret Srijaya – Founding Partner, Ozora Yatrapaktaja
Raditya Pramana – Partner, Venturra Discovery

Mentors:

Aghnia Bahat (SIAP), Aparna Saxena (TORAJAMELO), Bianca Widjaja (BRI Ventures), Erieka Kosasih (AC Ventures), Faye V. Arif (Venturra Capital), Khush Topandasani (Vertex Ventures), Nathasya Budidjaja (MDI Ventures), Reza Birowo (Kejora Capital)

Local Community Partners:

AVPN Indonesia, Block71 Indonesia, Campaign.com, DailySocial, Ecoxyztem, Glints, Instellar, Jabar Digital Service, New Energy Nexus, Plug and Play Indonesia, SIAP, Stellar Women, The Greater Hub SBM ITB, Venturra, WomenWorks, Xendit


About She Loves Tech

She Loves Tech is an international non-profit organization committed to closing the funding gap for women entrepreneurs, and building an ecosystem for technology, entrepreneurship and innovation that creates opportunities for women. We run the world’s largest startup competition for women and technology, seeking out and accelerating the best entrepreneurs and technology for transformative impact. 

For media enquiries, please email media@shelovestech.org

UN Women x ANGIN GLI

[Webinar] Women Leaders in Gender Lens Investing

UN Women x ANGIN GLI

UN Women and ANGIN Webinar Panel Discussion: Women Leaders in Gender Lens Investing

Monday, 23 November 2020 at 10.30am – 12.00pm Jakarta time

United Nations Women (UN Women) and ANGIN are organizing a webinar for the launch of a new publication highlighting 40 Women Leaders Shaping Gender Lens Investing (GLI) Practice in Indonesia. 

To follow through on the said publication, we invite three remarkable women representing the women leaders who are spearheading Gender Lens Investing in our nation.

Join the webinar to further discuss the insights, as well as to shed a light on the opportunity and future outlook of women economic empowerment in Indonesia. 

This webinar aims to inspire, to foster discussion, and to endorse GLI practices in Indonesia context.

Interested to participate?

register via: http://bit.ly/GLIwebinar before November 22nd


Our Esteemed Panelists

Moderator: Sagar Tandon, Founding Member and Principal of Moonshot Ventures.

Opening remarks by Jamshed M. Kazi – UN Women Representative and Liaison to ASEAN

David Soukhasing Saskia Tjokro Benedikta Atika Sarita Anggun Kinanti

UBS x ANGIN Women’s Spotlight: Metha Trisnawati: Cofounder of Sayurbox

Tell us about yourself.

I’m Metha Trisnawati, co-founder of Sayurbox, currently handling operations. People think I’m reserved, but I’m actually very curious. That’s why I took industrial engineering as my major; I learned about so many fields.

I graduated in Bandung, then worked for IBM and Unilever. After pursuing a master’s degree in the UK, I moved back and co-founded Sayurbox.

Did you know Amanda, one of your co-founders, from the beginning?

I met her through another co-founder, Rama, whom I bumped into at a conference. He was working on this project with Amanda and wondered if I was interested. Luckily, Amanda and I really clicked.

Sayurbox is pretty different from your university studies! How did family and friends react?

I‘m surrounded by people who are supportive of me and my decisions. My parents told me to be whatever I want to be; to find what makes me contented. After I tried tech and retail, I pursued a degree in technology entrepreneurship.

How do gender stereotypes in Asia affect women and their careers?

The stereotype of a woman being attached to a man is still prevalent, but – as women’s access to education increases – there are more options for them in entrepreneurship and the corporate sector.

Tech was dominated by men but now there are many opportunities. As more women receive higher education, they achieve greater things. Female entrepreneurs can also create employment for other women.

Sayurbox employs mothers who live near our warehouses, so it’s easier for them to care for their families. We also allow them to bring children to work.

Approximately what percentage of your workforce are women?

A good 70% at our warehouses. They know how to choose the right kind of fruits and vegetables.

What are Sayurbox’s milestones?

We started really small at Amanda’s house – our initial warehouse. Delivery was via GO-JEK and we only sold items through Instagram – it was so simple. To test the idea, we put out the Minimum Viable Product, selling just sixty a month. After the website, it started to take off.

We have built our own logistics now. Around 60%-70% of deliveries are drivers we have created a partnership with – they get extra income if they deliver for us.

Investment-wise, we closed a seed round last year in Jakarta, with investments from VCs in the U.S. and Indonesian angel investors, through ANGIN. We are currently trying to close a Series A investment.

Everything moves fast as a startup. Our immediate focus is to scale up operations, reach more cities, and for more farmers to join our network.

What’s your vision for Sayurbox? And why does it matter?

We want to become the leading platform that connects farmers and suppliers in Indonesia, enabling them to sell their products. Making high quality, fresh produce accessible to everyone – that’s our mission.

We see farmers and suppliers dealing with many middlemen. This is inefficient, as farmers don’t have direct market access and prices are being squeezed. They have little idea about market demand.

One farmer only knew how to grow low-value cassava and simple vegetables. Cassava is about 600 rupiah per kilogram – less than 10 cents; however, kale is enjoying great demand with few suppliers. Farmers growing kale would make 100 times more than by growing cassava. Kale is valued at around 60,000 rupiah per kilogram, but they are unaware. At our suggestion, the farmer switched to kale and made a lot more money.

What’s it like being a female entrepreneur in the primarily male agricultural space?

Whenever we meet farmers, they are very welcoming. They never see us as two women doing things beyond their capabilities – one of the many things we are grateful for.

Being in the field has been really exciting for me.

Who is one of your mentors?

Rama, our co-founder, has been extremely influential. He worked in Silicon Valley and here with GO-JEK, so he has experience and a well-developed network, which really helps.

What does wealth mean to you?

Wealth is something you use to make an impact if you can provide for yourself, then you can contribute to someone else and society. More than just dollar and cents, it’s about you and having the means to impact the world.

What makes you unique or sets you apart from the rest?

Definitely Sayurbox. Meeting Amanda was a random stroke of luck from the universe – we complemented each other from the beginning. Being a curious person is also a blessing, because I’m always excited and willing to learn.

Do you have any advice to share with fellow aspiring women entrepreneurs and leaders?

One of the most important qualities is having the courage to go after whatever you aspire to. There is a lot of stigma surrounding a woman’s image in society; the kind of expectations that seem completely archaic, but still prevail.

Once we reach a certain age, we are expected to marry and start a family. If you are clear about your goals, go after them and don’t fall for societal expectations about what other people think is good for you.

Amanda and I were very lucky to have great mentors. They helped us prepare pitches, talk to investors and sell our proposition to ‘new ears’. Find a good mentor – that would be my advice to younger female entrepreneurs.


 

UBS x ANGIN Women’s Spotlight is a special collaboration project between UBS Unique and ANGIN to celebrate strong Indonesian women who are exemplary leaders, unique changemakers, and role models. The project celebrates and reflects upon the individuals’ personal anecdote and professional journey and how they are challenging, reinventing and innovating their workplace in order to improve gender equality and be a force of change in their respective community and industry.

Liris Maduningtyas: CEO of JALA

Tell us a bit about yourself.

Hi, my name is Liris Maduningtyas and I’m the CEO of JALA. JALA is a data services company that provides services for aquaculture, specifically for shrimp farms. We enable shrimp farmers to increase their yields through technology and smart data. We’ve been in this sector for about two and half years now. I started out with my co-founder, who is actually a shrimp farmer himself. He’s been in the shrimp farming industry for 17 years already, and he started to look at the problem at this shrimp industry and start to gather a team. At the time I was working as a field engineer in an oil and gas services company. I’d been working a lot with data logging and data collection. When I eventually left my company and met with the farmers face-to-face, I started to realize that there is still no such technology breakthrough in this kind of business to improve and optimize the work they do.

Surprisingly, there is actually no available data at all to help farmers make decisions. Farmers must rely on their instincts. For instance, to estimate water parameters, farmers will typically use their fingers by putting them in water. It’s completely insane. In this part of the world, where technology is already booming, we should be able to create a technology solution for these farmers. At JALA, we want to actually help the farmers to gather, all of the data necessary that for them to actually make predictions, to actually make decisions based on the actual data, starting with sensors. So that’s how we started JALA, and how I actually personally jumped into aquaculture.

How does it feel to be one of the leading woman, and furthermore, a C-level woman leader in the aquaculture industry?

It’s quite challenging. If we talk about the shrimp industry and the aquaculture industry in general, there are not a lot of women working in the sector. Most women working in the aquaculture sector usually work with the feed company in managerial roles or research and sales – and not sales in the field, but in the office. I rarely meet female farmers, actually. I’ve only ever met three. But it’s not just about the lack of women in the aquaculture industry, but also the shortage of young people in aquaculture as well.

It can be quite challenging, being a female C-level leader in this sector, especially because of the very small female representation we have here. I always have to prove myself in front of the farmers, who are often quite old and knowledgeable. But I am coming to the table with something; I also have knowledge in this business, and I actually can help them. Being a female leader can be beneficial as well, because I’m different. And people typically love something that is different.

What societal expectations do you face as a young woman? What’s your family’s and friend’s opinion about you joining the aquaculture industry?

You may have already guessed that the environment didn’t start out super supportive. I mean we’re living in Indonesia and it’s part of the culture that women are supposed to be at home, not at the office. It’s changing, sure — you can go to the office, but you know, maybe as a secretary. My parents actually encouraged me to become sort of a certified lecturer, but it wasn’t what I wanted to do. Once again, I had to prove to my parents that I could actually do it. The process took hard work and patience, but it paid off. I actually won a pitching competition on behalf of JALA and then started gaining revenue from the farmers. Now my family is starting to realize that I can actually do it. They’re really supportive. One hundred percent. But they needed some sort of proof first.

How is the startup ecosystem in Yogyakarta? Are there many women entrepreneurs?

In general, there many women entrepreneurs in Yogyakarta, but those specifically working in the startup ecosystem are quite rare. I do find a lot of female entrepreneurs in Jakarta and maybe outside of Indonesia, but in Yogyakarta, you can probably only find a small handful of C-level women in this business.

The majority are in offline, then?

Yes, yes, exactly. The majority of women entrepreneurs are in offline businesses, like coffee shops or restaurants, you know, desserts and the like. But I do really want to encourage women to consider aquaculture and agriculture as career paths. Aquaculture and agriculture are things that you don’t really have to be afraid of.

So in your opinion, why there is there such a limited number of startups?

I think it’s because of people’s perceptions of startups. I’ll tell you a story from my university days. Only two startup founders came from my major, which is electrical engineering. That was in 2010. But then in 2011 with the younger generation, that number started to grow. Although it still wasn’t a lot, I still hope that the trend will continue. There are a lot of women trying to actually become entrepreneurs in the startup scene. Especially in technology.

Who are your role models?

I have a lot of role models, but I’ll just tell you about someone who is currently inspiring me – Sheryl Sandberg from Facebook because I think she’s funny and energetic and patient. She really faced a lot of challenges as a woman entrepreneur at the beginning of her career. And I feel like part of her story also resonates with my own story. So the way that she overcame all of those challenges is something that I draw motivation to also overcome my own.

Where do you see yourself in the next ten years?

I really want to own more than two companies. One company is this one. For the second one, I do really want to own a farm — a high-tech aquaculture farm. I really want people to know that working as a farmer is not a low profile job. I just want to open people’s minds, to tell them that farming is actually a good business. And when it comes to farming, technology, and young people, it could be something that is seen as desirable and lucrative.

What is your advice for young people out there, especially for women who want to start their careers as an entrepreneur in the startup ecosystem?

Girls, don’t be afraid. You have equal rights and equal potential as a person, and you’re equal in every potential skill that you’d need to actually become an entrepreneur in the startup ecosystem. And I hope for you to not be afraid. Don’t just wait to have a secure job. Be out there. Find the problem, find the solutions, and start to build something that is really cool — and make money out of it!

Denica Flesch: Founder of SukkhaCitta

Tell us a bit about yourself.

My name is Denica, and I’m the founder of SukkhaCitta. We’re a social enterprise based in Jakarta that connects artisans in villages across Indonesia with the modern global market.

With a background in Economics, I worked for the World Bank when I first returned to Indonesia. There, I got quite frustrated as I didn’t feel like what I was doing made any direct impact. This led me to do my own research, I wanted to understand what poverty looks like so we can find what works.

When going from village to village, I found an interesting trend. That is, poverty tends to be clustered around economic activities, on what people do. I started to narrow down my focus, and it led me to the craft industry – the second largest employing industry in rural Indonesia, especially for women.

I found out that the current system, the craft industry itself, is kind of broken. The economics seem to be upside down. People earn more from simple jobs like working in Indomaret or as a waitress then being an artisan. Artisans are aging and none of the daughters want to continue. Why would they? And yet, without regeneration, how can the craft survive?

Now, this really intrigued me. I realized that the last thing the world needs is another fashion brand. We do not need more pretty things when the way it was made is ugly. Something needs to change. A bridge needs to be built – and that’s exactly why I started SukkhaCitta. To leverage craft as a viable mean of poverty alleviation – while at the same time sustaining our craft through our modern reinterpretation.

Besides the economic aspect, what drew you to crafts over everything else?

It was also a personal attraction. As an economist, you are trained to judge production based on scale and efficiency. Yet, there I was living with the women in these villages. They would tell me how their mothers, grandmothers, shared stories through the fabrics that they made by hand. Batik was their mean of saying a prayer to their families, of meditation.

There, I realized how much stories and values get transferred like this in our culture – and how much is lost today with the rise of mass-produced clothes. With the pursuit of fast, everything becomes homogeneous. In craft, you find the story of our culture, of our humanity. And I believe it has its place in today’s time, not only in museums. We just have to make it relevant again.

Fashion has the reputation of being environmentally destructive. How can fashion be ethical while also being sustainable at the same time?

You’re right. Through my research, I was shocked to see just how dirty the craft industry is – both on the people and on the environment. In fact, it’s the 2nd most polluting SME sector in Indonesia! I feel that part of the problem is that currently, there is simply no transparency whatsoever. There is no traceability, no way to see how a fabric was made for customers like you and me.

Now, we do things quite differently. Our impact model is based on our own transparency standard: #MadeRight. It is a promise that this fabric provided a living wage, is environmentally sustainable, and at the same time sustains culture. Working with Villages, not factories, means that we are even more careful when it comes to our environmental impact because otherwise, production causes a lot of negative externalities for the community.

The price of fabric is very unique because fabric uses a lot of water and dye. Villagers will use synthetic dyes because it’s very cheap, and then they will dump it in their waterways. The problem is the community lives with the water from the rivers. That’s why in our work we use a lot of natural dyes; we actually spent almost IDR 50 million just doing capacity building so that all of our villages understand how to do natural dyeing.

At the same time, the production of clothes itself produces waste. So even if your fabrics were made ethically and sustainably, the production of fabrics into clothes produces waste. That’s why we have a lot of upcycling and zero waste programs as well — we’re turning our waste scraps into paper now, so all our tags are made from our waste as well. Our aim is not to cause unnecessary damage.

Ultimately, we believe that the way forward is not only about production, but also about consumption. So in our marketing, we focus a lot on storytelling, because we believe if you have a connection with your clothes, you’re not just going to wear a piece for two weeks and throw it away but you’re actually going to take care of it. If it’s broken you’re going to repair it, so it’s a complete and holistic cycle. If you produce ethically sustainable clothes, but you promote fast consumption — it doesn’t work as well.

In the craft industry, do you see a greater movement towards that holistic sustainable model, or are you guys going against the current?

The current for fast fashion is definitely very strong. Really. What I see in Indonesia is that of course you have this positive trend of brands trying to bring light to this issue, but the problem lies in how they go about doing it. Because you have to make sure that your solution is 10 times better than conventional practice, so you can actually contribute to solving the issues.

One of the things I saw is definitely the hype towards natural dyes. For us, it’s a natural choice. Again, because we work with Villages, not factories, we need to be very mindful to ensure our production causes no externality to the community. From this, I learnt that there is actually a difference between natural dyeing with natural process – or natural dyeing with chemical process. Unfortunately, most brands that I see in Indonesia don’t really take this into account. We need to be careful that we do not actually add to the problem.

Why is it important to empower these rural women in the first place? Why do we need to care about this demographic?

Because there’s a lot of potential for impact. What I’ve found is that nobody has ever taken the time to believe in these women. In the beginning, when I started this journey, I noticed a very strong sense of inferiority that people living in rural areas feel compared to someone from the city. The women wouldn’t look me in the eye; the prevalent mindset is that they can’t. They’ve worked as artisans for 20 to 30 years and have always been exploited, so they don’t believe that they can actually change their lives. But now, every time I go to the village, they keep harassing me about what they’re going to do next. “What new products are we going to try?”, “What new techniques are we going to learn?” There’s this new sense of optimism and hope.

And I noticed that once you empower women you empower her community as well. Especially in villages, women typically spend 80 percent of their expenditure on their family. You start noticing things, like one woman would tell me about the healthy, nutritious food that she can now provide to her kids. She started asking me about how she can best provide an education to her kids, what kind of books she can buy — so there’s this new sense of empowerment that we didn’t expect.

And most importantly is this desire to pay it forward — we didn’t start off with that in mind, but the women in the villages, they started to come to me and ask to be involved in the capacity building of other villages. When I asked why, they said it’s because they’ve been helped and now they want to help. So you start seeing that when you do this kind of work, there is also a ripple effect in the community that you’re initiating in. So that’s why I find that it’s very important to be able to empower these women, and also for them to be role models in their communities. Before we started our initiatives, typically the artisans were typically above 40 years old. Now we’re actually really happy because there are these two women under 30 that came up to me asking if they could be trained as well. And I couldn’t imagine doing all this without doing it for the crafts sector. Because suddenly they feel so proud — they feel like they’re visible to the market again, they feel like there’s actually value in what they do, and the pride is just unbelievable.

In your work, you’ve gone into the villages, and you’ve interacted with these women. What would you say are the main challenges these rural women face in their everyday lives?

It’s the general mindset, this social conditioning that after getting married they should be moms and that’s it. It was actually very startling for me during the last field trip; we were sitting in a circle and I was asking them about why there were no women entrepreneurs in the village. They said, “What would we sell, who would buy anything? That’s what men do, right? They work and we just take care of the kids.” I asked them about whether they thought about something beyond just being a mother, because obviously being a mother is not enough for them, right? And they just look at me, puzzled, “No, we haven’t.” Because their mothers were like that, their grandmothers were like that, so they have never left the village. They don’t know a world beyond this.

I was doing a survey about living wage and I wanted to know what was the living wage for that village, so we broke down their expenditure and found that the bulk of it was from their kids’ snack money. Everyday, kids would take IDR 8,000 to 10,000 just to buy snacks. And I asked them what snacks they would buy and they said, “Oh you know, just chiki (a type of snack) that they buy from the warung (small local eateries).” So I asked them one question: “You farm a lot of moringa. Why don’t you just create snacks which are actually healthier than chiki? Make them cute, colorful. Your kids can just buy that instead.” And they look at me and it’s as if they think of it for the first time.

And that’s when I found out that the biggest problem in rural Java is this social norm. These women were not educated, and so they don’t have the courage to dream beyond things as is. But once you start introducing entrepreneurship into their minds, it’s really quite amazing. I just went back to the village last week, and they showed me samples of different snacks that they made and they asked me how to brand it and everything. They can clearly do business; it’s just about whether anybody would take the time to sit with them and guide them through this process. I feel like when you empower women to be entrepreneurs, the impact is a lot larger than men.

Speaking of women in entrepreneurship – you yourself are a woman entrepreneur, but the percentage of women entrepreneurs is quite small in comparison to how many male entrepreneurs there are in Indonesia and around the world. How is it being a women entrepreneur, but being a minority in that sector?

I actually try to use that as an advantage. Because there’s so few of us, it’s very easy for us to be noticed. I personally never noticed that there was any difference between women versus men. What I noticed is that men tend to be impressed to hear that you as a woman dare to go to these villages, stay with them for a few days and do this kind of work. I do feel that especially in our field it’s very advantageous because the community trusts women more. And I think as a man it would be a lot more difficult to do what I do. Because you work with women, and how comfortable would they be with some man living in their house and telling them different concepts of sustainability and design and everything? So you have a different kind of credibility, socially, as a woman. I think that’s a plus point.

Do notice any differences between the mindset of women entrepreneurs and male entrepreneurs?

Yes, in terms of the way that we think about scaling businesses. There’s definitely not much aggression in terms of scaling when you meet a lot of women founders, especially in the field of sustainable fashion. They seem to be very content with where they are. Let’s say they impacted five, ten people, and they seem to be very happy. But they don’t understand that it’s not enough just to do that, because the problem is so big that you need to think big as well. What the industry needs is not five women you’ve impacted, but a sector change. That’s why it’s very important that startups like ours need to grow, to show that it’s possible to grow in a way that does not exploit the environment or the people in it.

On the other hand, male entrepreneurs seem to really think about this. Maybe they typically go more into the tech sector which is easier to scale, so you find them constantly talking about acquisitions, about percentages, about growth — whereas women entrepreneurs, we’re playing nice. We don’t want to compete, we feel like we should form a community, and how do you balance these two? Because you find a lot of startups that remain small, but then how do you create sector change?

What direction do you see your impact model growing: breadth or depth?

Both. Our impact model is grounded in our Jawara Desa program (village champion). In the beginning when I first started, we worked directly with artisans. So literally, if I worked with 50 women, it would be 50 houses I directly had to visit and train. We changed our impact model because that was not scalable. In each of our village, we have a Jawara Desa who we select, train and provide access to microcredit to so they can start their social enterprise on the ground level. In a way, we transfer our DNA, our values to build mini SukkhaCittas on the village level.

In general, we see each of our Jawara Desa leading up to 20 artisans. In that sense, by scaling our breadth, we directly intensify the depth of our impact. We’re already seeing it happen; it’s really interesting when you introduce the concept of entrepreneurship into a village. They start being entrepreneurial in the ways they solve village issues as well. Last field trip I went to visit this village, and on their walls, I saw that they put up A4 papers. Apparently they were brainstorming how to improve the education of their village. It really gave me a sense of validation to continue with this impact model.

Do you have any advice for young girls who might also want to build their own social enterprise? To face all the things that might have to go with handling a social enterprise?

Be patient and persevere, because nobody will prepare you for the job. It is very hard. Not only do you have to take care of the whole business side — because if you just want to keep asking for donors you should be an NGO, you have to understand that you need to be as cutthroat as conventional enterprises — but at the same time, you must maintain your mission. It is seriously very difficult. You will experience higher highs than your typical job, but also very much lower lows. My biggest advice is really to stop giving your power away, because as women sometimes we’re scared to think big. We don’t think that we’re capable or that we don’t have the experience or we don’t have whatever is required to do it, but I find that if this is truly your mission then you’ll find a way. You’ll learn, you’ll find people, you’ll make alliances to achieve your mission.

Melina Subastian: Investment Manager at Alpha JWC Ventures

Tell us a bit about yourself.

My name is Melina. I am an investment manager at Alpha JWC Ventures. We are a venture capital firm with a focus on Indonesia and the rest of Southeast Asia for early and mid-stage tech startups. We do investments with the founder-first principles, where we like to back great mindset and potential entrepreneurs.

Describe your journey. How did you get to where you are today?

My journey. My first job was in management consulting with McKinsey & Co. in the Jakarta office. I spent about three years there, and I did most of my projects in digital transformation and community development (in McKinsey, they refer to “tech” as “digital”). Some of the projects I did were things like digital banking development for conventional banking, e-commerce platform development for modern retailers, and ‘digital village’ creation where we empower offline-to-online technology transformation in rural areas in Indonesia.

Working on those projects made me very excited about tech industry. After couple of years advising corporations, I got interested in seeing the wider scope of tech in the startup landscape. I interviewed with both tech start-ups and VCs. I ended up in a VC because I felt very passionate in making a wider impact, and VC role would allow me to do it. By doing assessments and leveraging a network and wide community of companies, we can provide a wider impact and also help in community development and ecosystem building, like what ANGIN and Connector.ID do. I really think that based on my character and personal preferences, this is something that really suits me. I can also apply what I learned during my time at management consulting, especially in the assessment of companies, compatibility with founders, and portfolio management. So far, I feel very happy here.

As a VC, you’re able to see a wide variety of start-ups. From what you see, how are women entrepreneurs doing? How are the numbers? Do you see a lot in certain sectors?

This is a very interesting question. I’ve spoken at some panels and events on gender-lens investing and women’s entrepreneurship, and this question often popped up. I see that – and everybody knows this – women entrepreneurs are still very much a minority in Indonesia and in Southeast Asia. I would say that the visible ones are around 10-20% of all start-ups. If you look at our 20 portfolio companies, four companies have female founders. Four out of 20 is actually quite a good number for female VC-backed startups. We are actively trying to promote and encourage more women entrepreneurs in our investments going forward.

How does the investment landscape actually view these women entrepreneurs?

So when I said around 10-20% of all start-ups have female founders, those are the visible ones. But the VC-backed ones are even less than 10%. Yeah. And there are a few reasons for that. Which are actually due to how the landscape views women as entrepreneurs.

This goes without saying, but there’s a nonverbal stereotype within the VC community that I have actually observed and is also something backed by data. Recently, Alpha JWC had a female-led event called Alpha Female on women’s entrepreneurship and gender-lens investing. We featured some female leaders and practitioners that we see have great impact in female entrepreneurship. Some of them included: Sonia Barquin, a partner in digital banking, Dayu Dara, Head of GO-LIFE at GO-JEK, Alyssa Maharani of Google Accelerator and Grace Natalia, one of our female co-founders. We were talking about one very interesting data point from a Google research project indicating that there is a big discrepancy in terms of the proportion of males that got investments after pitching compared to females who got investment after pitching. Females are less likely to get investment, even though the content of the pitching was the same. The research was conducted across VCs, accelerator programs, and pitching competitions. To me, that is quite ironic. This is a data-backed research.

Even without data, I can see this in practice. For example, I was once in a chat with some other VCs and they were saying something like, “Oh the business idea is great, the market is big, but she’s the only founder and she’s female.” That to me is sad. Why? One, the community still holds females to unrealistically high social expectations. They ask, “What if she gives birth? What if she gets married? What about our investment?” That’s very sad, right? Second, they also don’t believe that females can scale themselves up or push themselves to be great tech leaders. Third, these people take it as a casual chat. They chat about it in front of me – who is also female – and they think of it as something that is very normal. To me, this is something that is deeply rooted in gender bias stereotypes. It is something that we – starting from us – really need to take action about, and a sign that we must encourage entrepreneurship from females. Create more chances for them, give more opportunities.

What are some tangible ways we can move forwards as a start-up ecosystem? Is it having more gender-focused events? Showcasing more stories? Or targeting a quota for women in portfolios?

Stories like these are definitely important. But what is equally, if not most important is actually how we take action. I like action-oriented initiatives such as gender-lens investing – really targeting female entrepreneurs and backing them to give them support. Second, we should not forget other female communities in the ecosystem who are non-founders. These are people like female tech enthusiasts, professionals, and leaders like C-levels, Head levels. They also need support. We should create support groups. Even small things like WhatsApp groups or small mini-networking events once a month, those are very helpful. I’m personally involved in some communities like this. One is SheVC, a community driven by female VC leaders and associates in Jakarta. Another is Fintech Female, a community driven by female fintech leaders in Singapore, including fintech founders, enthusiasts, and active investors like us in Southeast Asia.

How do we drive more female talents to the VC scene?

Similar to tech companies, tech VCs are also a male-dominated industry. Many times I found myself at a table or room full of men. In fact, in many pitchings I’m the only female. That is a fact. And so one solution is definitely role-modeling. Role-modeling is about two things. One is in terms of communication, the second is in terms of number. In terms of communication, initiatives like this – ANGIN Women’s Spotlight – is very helpful. Because you spotlight women in the ecosystem and that triggers other women to join and contribute in the VC landscape. In term of numbers, we should look into eliminating gender bias in recruiting. By hiring more women, we increase the number of role models.

I found very few female VC role models in Southeast Asia, especially in Indonesia. When I started my career as a consultant, one piece of advice that the HR told me was to look up to female role models at the firm in order to boost my development quickly. The firm at that time consisted of 30-40% female, with few of them in partner level. The female proportion is considered minority, but that is more doable compared to this industry. As a female VC – especially ones starting out in the first 1-2 years – it’s important to see how to succeed as a female. Even simple tips like how to self-brand, how to build presence, how to bring yourself in a meeting by asking right and targeted questions – those are the things we should get with more role models in the tech industry.

Men also carry responsibility for getting more females in the room and encouraging female role models. What are some tangible steps we can take to hold our male counterparts accountable?

I like this question! We’re talking about what men can do, right? One is eliminating gender bias in recruiting. If the quality of the candidate is the same, think about how to also balance gender in recruiting. Another is definitely during meetings, in pitching, or in discussions with other VCs, to try to really involve female counterparts by giving them a chance to speak or asking them questions, or even as simple as introducing them in the beginning. That helps in terms of confidence. Of course, we would expect a proactive approach from female VCs as well, but sometimes in a room dominated by men, that might be a challenge that is not really visible.

How do you go forward in your day-to-day being the only female in the room? Where do you get your confidence from?

The most important thing is definitely the mindset. If you think that because we’re female that we’re victimized, then we would act or behave as if we are the minority. Like we’re being discriminated, that we’re victims. I never felt like because I was female I had different capabilities than men. That has never been my mindset. But I see many females think that way.

A second tip is to try in every meeting, in every pitching, to give a good if not great impression. Show your credibility and capability, ask the right questions, and then give some good advice, some good feedback.

The third is to leverage our natural advantage as female. Being female, we do have one advantage in terms of character. We’re seen as more caring creatures. We are perceived as being able to understand and sympathize more with others than a man can. So leverage that. Because during pitching, entrepreneurs like to be listened to. Not just about whether they can be invested in or not, but also if we can give feedback to their challenges.

Have you yourself faced personal challenges? Any incidents of facing gender bias?

One is perhaps in terms of the jokes. I feel like some jokes are improper and can lead to sexual harrasment. Not extreme, but it’s still a form of harassment. For example, I once spoke at a tech event dominated by male audiences and they said, “Oh you should be his girlfriend, oh you might want to know me further.” It’s just improper. Building presence is very important. It can be done by not responding to those things while keeping ourselves polite.

Another challenge would be the one I mentioned before, where I saw some VC investors talking about a female founder, where they actually doubt her just because she is a female. The business is good, the market is big, but just because she’s a female – because she might get married or give birth next year, they chose not to invest. Those are the two incidents I see.

Do you have any advice for other girls who want to get into the VC industry?

One is to think about yourself as a pioneer. Because if you join now, you’ll be one of the first female VCs in Indonesia and in Southeast Asia. You’ll probably be one of the first 10% of the female VCs in Indonesia actually. While venture capital itself is a growing industry – we’re getting more mature, compared to a few years ago. Think about it as ‘we’re writing history and you’re being a part of it’.

Second, if you’re facing any challenges or any difficulties in building confidence, that is a very normal thing. But with time and through mentorship, by sharing with support groups or anyone you can trust, you can overcome it.

 

Dian Wulandari: COO & Co-Founder of Instellar

Tell us a bit about yourself.

I’m Dian Wulandari, co-founder and COO of Instellar. How I got to where I am, it’s a long story. Basically I come from a PR & Marketing background. The last job I had was COO of Marketeers, a media and communications company focusing on youth. We did projects on oil, coal mining, DDI, and an NGO as well. I’m also a big believer in technology; I’m the woman lead of Google Business Group Jakarta – a community supported by Google.

Because I’m a believer in technology, I’m also an early adopter of tech. I used Google while it was still in beta testing. I even used GO-JEK when it didn’t have an app yet – you had to dial a call center to ask for a bike to pick you up. That’s how I got into this startup business. Even though I’ve worked at different companies, I always do two to three months of sabbatical each year to work for non-profit organizations and to do volunteer work. I’ve found that my passion is to help people. But I still have to pay the bills, right? So I go back to work.

I always wanted to have this balance – you want to do good but you want to make money also. And then I heard about the term “social enterprise” – a way to balance social and business. I co-founded Instellar with four partners. It is basically an ecosystem builder, trying to build an ecosystem where everyone can be a social enterprise. Well, I don’t really like the term social enterprise actually. My vision is that in the future there is no such thing as social enterprise. Every company should be responsible to the environment, to society. You don’t have to categorize.

We’re thinking that as an ecosystem builder we can’t just focus on one stage of entrepreneurs. We have to tap into different stages of businesses to make an ecosystem. If your goal is to achieve a vision where everyone is a social enterprise, when everyone is taking care of the planet and its people – it’s not going to work if you’re only focusing on the prototyping stage. We have to do it all as an ecosystem builder. That’s why we created Instellar.

In terms of creating a more socially-minded ecosystem, what work remains to be done?

I do think the first barrier we need to tackle is to stop looking at money as evil. If you have that mindset, you will think that having a profit is not the same as having an impact. Actually, that’s not the case – we can do both. I think that’s the first barrier we need to tackle. You know what they say about money being the root of all evil? Well I think that it’s actually the lack of money that is a root of evil. You can have profit and do good – the two are not mutually exclusive.

Instellar doesn’t only focus on early social enterprises. We do have to give consideration to big corporations as well. Take Ben and Jerry’s, for instance. They’re making good impact. They don’t use GMO products, they have a good business process, good business model, they make profit. I think these big companies also have to be shown in our publications, conversations, and awareness. Stop thinking about these big corporations as these evil, profit-creating entities. That’s the first barrier we have to tackle. Yes, there have to be better regulations and incentives – but it’s the mindset that we have to break down first. Having money and profit means you can do more.

On one hand, we have to shift profit-makers to making impact. On the other hand, we must also work with impact-makers to sustain themselves through business. It’s a balance between profit and purpose. From my experience, it’s harder for the impact entities to go to the middle than for the profit side. So we did have an experience incubating this NGO. Very good, very impactful, the team was also good. They wanted to change, they wanted to have a business model. Their operations of just asking for grants wasn’t sustainable. They really wanted to, but their mindset was very hard to change. For instance, when we asked them to increase the price they were reluctant.They felt it was hard for people to buy at a higher price. But actually for the same price it was very hard for them to grow. That’s the mindset.

In general, there are fewer women entrepreneurs in relation to other entrepreneurs, but there seems to be a lot of women entrepreneurs in social entrepreneurship. Why do you think that is?

Yeah, it’s true. There’s a growing trend in social entrepreneurs led by women. For example, we currently incubate 78 social entrepreneurs. Last year the proportion was 60% male-led, 40% female-led. This year it is 55% female-led and 45% male-led. So that’s a growing trend. Why? One, because again the global movement is different now. There is a lot of momentum in giving more chances for women to become entrepreneurs. And we do find that when women create something, they do it not just for themselves but also for their families. And women tend to be the decision-makers of the family. They’re thinking about others. It’s a common research topic – McKinsey and a few other consultancies have findings on it. I don’t know if it’s a stereotype or not, but I do think that women tend to think more about impact – not just about profit. That’s why a lot of social entrepreneurs are being led by women, and it’s coming from their hearts and solving problems in their societies.

One example: there’s Kostoom, an app for tailors to find customers. The founder, who is female, created it because her mother was a tailor. She found it was getting harder for traditional tailors to find customers. Since she knows tech, she created an app for it.

Do you think there is a greater focus on women in the startup space?

I think we are creating more opportunities for women. People are recognizing that there are more and more women-focused programs in accelerators that are being held in Jakarta, in Indonesia, and globally. I do think there’s a thin line between women’s empowerment and discrimination against men. A lot of people are asking, “Why only women? How about men?” Well, men already have all these facilities and everything, you can join it if you want to. The bottom line is that there are several things that women need to learn specifically. That are different. Problems that are different from what men are facing.

For example?

For example, being judged by your appearance. And then also this is a personal experience, but sometimes if your counterpart is male, they will sometimes hit on you. For other people it’s hard to draw a line between personal and professional.

But I think the bigger barrier for women is coming from within. One is the confidence level. I don’t know why – being in society, being in the patriarchy, it makes women more timid. For some of us, it doesn’t come naturally to speak their opinions – unlike men – because we are afraid of being judged. So that confidence level and fear of being judged…you don’t know what you think of yourself and you care about what others think. We’re born to this kind of society where we have this perception of what women should do.

Do you have any specific challenges you’ve faced as a woman in your industry?

I had problems while I was still new in Marketeers. I had joined the company for one year. I was in charge of everything. People talked about me, saying I’m a new kid, I’m female. People also judge their bosses differently when it comes to gender. When a male boss is meticulous, they call it “detail-oriented.” When it’s a woman, they call it “ribet (complicated/fussy) ”. Some women think about that and take it into consideration. They spend their time working on relationships instead of working on their professional goals. That’s one of the challenges of being a female.

When I talk to a lot of investors, some investors prefer to invest in women. They say that women are more reliable. They set realistic goals compared to their male counterparts. But the problem is that these females don’t want to be invested in. They don’t want to grow a bigger company. Why? Because one, confidence level. They don’t know if they can manage it, they don’t know if they can fulfill investor demands. Meanwhile, their male counterparts are more confident.

That’s why we have our workshops and trainings that focus on women. It’s not about business, it’s about soft skills. We teach them about unconscious bias, because it’s not just about men that harbor them. We as women have unconscious biases as well. Sometimes, women are also more judgmental to other women than to men. So before we change the world, we have to change ourselves first.

Do you have any advice for other girls who are facing those same confidence issues? How can we begin to overcome gender biases?

The short answer will be that when people say I’m bossy, I say, “OK, I’m the boss. So what?” I’m not bossy, I’m the boss. So just embrace it. It’s actually from my own experience. Once, I heard some of my subordinates calling me bossy behind my back. It hurt me from the very beginning. I thought to myself, what should I do? Should I be nice to them? It was important for me to get their approval. What I didn’t realize was that it was important for me to get the approval from them professionally. What they think about me, it’s not something I can change. What I can change is myself, how I interact with them.

You should recognize your own talent. Recognize your own talents and skills. Be humble, but be proud of yourself. For a lot of females it’s hard to take compliments. When you say, “You’re doing a good job,” their immediate answer is “The team is working on it, it’s not me, we’re working on it together.” Learn to say thank you. Embrace it. Be mindful but be proud of yourself. And learn how to say no. These tips sound simple, but try to practice it in your life. You’re good. You just have to believe in yourself.

How do we get to the point of creating a world where all businesses have social aspects when we live in a world where the system rewards revenue and not impact?

Well, I’d like to disagree with that. Because I think the world trend is going towards our direction. Yes, on the investment side they want to make bigger and faster profits. But I do think there is a shift in the global consensus as well when it comes to being socially conscious. Like the movement in San Francisco – all of those tech companies have high profit, but they do think about the welfare of the company, their employees, and the need to live a balanced life. To be a social enterprise, you not only need to be socially conscious about the world, but also about your employees as well. That has to be one of your considerations. It doesn’t matter if you’re giving a lot to society if you have modern slaves in your company. So I do think that the trend is going there.

The trend is going there in other ways. For example, governments around the world are now recognizing social enterprises. They give incentives – tax incentives. In Indonesia, we haven’t gotten those incentives. The latest case I know is Vietnam, where they have very good tax incentives for social entrepreneurs. We also see the B Corporation movement, which is going big and going global. I see a lot of big corporations are joining that movement and want to do good for the world.

 

Samantha Gunawan & Josephine Bahari of Blueboots Farm

Tell us a bit about yourself.

S: My name is Samantha Gunawan and I’m the founder of Blueboots Farm. I’m 28 this year and I graduated 2013. Upon graduation I worked in Singapore for one year at an industrial engineering firm, and that’s when I realized that I didn’t suit the office life. I’m more of a outdoor person, so I tend to look for something where I can move around more. One weekend, I came back to Jakarta and I was casually talking to my sister like, “Hey, I’m really interested in organic food,” and she’s like, “Oh I know Ibu Helianti Hilman from Javara, maybe you can contact her and just talk.” So I emailed her and she was just like, “Hey Sam, why don’t we just meet the next day at 3 pm at the Javara Kemang office?”

Ibu Helianti ended up offering me an internship at Javara. At first, I thought no, I should be getting a full time job rather than an internship. But maybe because I felt I was still young, I felt that I could still explore. And actually my parents also supported me in the sense that they told me, “You should make all the mistakes now and explore since you’re not married yet.” So I thought, okay maybe a three-month internship would be a good start to see whether I like the industry. Those three months turned into one year.

Ibu Hellianti wanted to open a new side business; she’s doing food processing right but she wants to do fresh produce, too. She has a lot of connections with the hotels in Jakarta and she has farmers in Bogor, but she doesn’t know how to connect the two because she’s too busy. She sees this girl (me) who wants to know more about organic farms, so she’s like, “Sam, you be the middle person and see how you can convey what they want to the farmers.” That’s where I think the trigger was for me to get into agriculture.

J: My name is Josephine Bahari. I graduated in 2016 with a graphic design degree. I was working at a graphic design firm for a year. I actually always had this passion for eating healthy and living a healthy lifestyle and I’ve always been interested in Blueboots and but never got the chance to ask Samantha about it. I became tired of my job. Samantha happened to want to meet up (she’s my cousin), and she proposed that I help her. I said yes straight away and the rest is history.

I’ve been helping Samantha with the creative side of Blueboots and a little bit on the marketing side learning more about actual farming and where food comes from. I don’t think people are actually exposed to the agriculture side of organic food. I’m actually pretty blessed because I know where my food is coming from and how it is being nurtured and harvested into our dishes. And I think it made me more passionate and mindful of what I consume.

What is the health food scene like in Indonesia?

S: I feel like the health-conscious market is growing, but people still don’t really understand what “healthy” is about. For instance, gluten-free is assumed to be good but actually it depends on your body type. A lot of people are being eaten by marketing. Indonesians follow trends. So if Americans or Europeans are eating kale, we’re eating kale. But actually there’s a lot of other local plants that can replace that. We’re missing our own health culture.

J: i think it’s definitely super niche. The health scene is growing but there’s no personality to it. We’re really following Americans or Australians. It feels like everyone is copying each other. There’s no creativity or actual thought put into it. I think Salad Stop is actually a good model to follow. They have fresh produce as well, and there’s a story behind their business. I think their business is more conscious.

There’s a real psychology in the food business. It’s not just the taste, but also the story behind the food, where it comes from. The health market here is more about marketing than actual health consciousness. In short, it’s growing, but its growing very slowly.

Why is it important to know where your food comes from — why is that narrative important?

S: I think growing up as a city girl, I realized that I felt so disconnected with where my food came from and that I just took things for granted. So if you don’t finish the food, you don’t tend to have any guilt. But once you go to nature and you realize how seeds grow into plants and that it takes about 3-4 months… then you realize that you should not waste your food, and how you should treat the food. You need to minimize your cooking process because certain ways of cooking has more nutrition. I think when you know where your food comes from, you just become more appreciative and you tend to appreciate the ingredients themselves.

How was the transition between working for someone to becoming your own entrepreneur?

S:  Well, working for someone is really good. You don’t have to think about future steps, you don’t have to come up with a business plan, you don’t have to be accountable to your employees. Your mindset is just to do your job, but you’re not thinking about the whole business aspect of that firm. But when you’re doing your own thing, you have to put everything together, put the ideas into action. It takes more motivation, it takes more effort. You need to have passion. If not, I don’t think you can do it at all. I really love agriculture, so I think I jumped into the business with an excitement; it’s something I look forward to. Agriculture is not an easy task, so there were definitely a lot of worries. But you don’t know until you try.

The food industry in general is it male dominated or female dominated, how do you feel as a woman in that space?

S: I think I’m stepping into two industries; one is agriculture and one is food processing. The agriculture industry is definitely male-dominated. You rarely see a woman working on a farm. In terms of how I feel…I actually feel accomplished. At first, I felt intimidated but after awhile, when you know what you’re doing you feel good about it. I don’t feel any different from the men. Sometimes I feel like I’m even a little better.

As young women, do you actually find it hard to get people to see you as capable?

J: I feel that way in a lot of situations. Even sometimes when I go out with Sam. The people that she meets are experienced. They know more about agriculture. I do feel super intimidated, but I think the key is that I want to learn. That’s why I’m always in the back, listening and learning. I do hope that one day I can speak about Blueboots Farm like Sam. I’m actually in the process of learning right now.

S: I feel confidence is built up with experience. If I’m not experienced and I talk to people about things that are more advanced or technical, I tend to be honest with them and tell them, “I don’t know what you’re talking about, I’m new, can you teach me?” People are actually open to that. If you are humble to them and tell them you don’t know, they will open up to you. So I’m never scared to go to a space where I meet people at a higher level than me because I think it’s a learning process. I’m sure one day I’ll be at that point where I can understand. One thing I’ve learned is that if you don’t understand, it’s because you don’t know yet. It’s not because you can’t.

Where do you see yourselves in five to ten years?

S: My perfect five year plan is for me to have good family time while at the same time a career. Not a career that will take my whole life and time away from family. So what I’m doing right now is i’m finding new partners and collaborations so that one day I can still run this while also spending time with family. Work-life balance is very important to me.

J: I definitely want to be involved in the food industry. Not necessarily towards the tertiary side. More to the primary side where Sam is at right now. I really want to learn about food and where it comes from, as well as helping get the word out that eating healthy is not hard. It’s actually so simple, but people just don’t understand it. I think that is actually my passion, and I’m learning little by little. Slowly. Learning about farming and maybe learning to talk to people about it and finding a business that can convey it to people.

M: How do you see women coming into the food industry? How are they changing the food sector?

S: I’m very impressed by all these women. Nowadays I see that women are more business-minded. They get things done quicker and more efficient than men. Even my mom. I feel like women are more meticulous. You need someone like that in the company. Every company needs a woman. They’re the drive behind it.

J: I think males – at least in Jakarta – are not as interested in the holistic and organic lifestyles as females are. So I think it’s actually a good thing. As women, we have this mother-like instinct, taking care of people and ourselves. Not saying that men don’t possess that, but I think women are more expressive about it. I think that’s why we see a lot of women in this sector. We want to take care of people. That’s why social entrepreneurship is more female-dominated. They don’t just want to earn profit, but they want to create impact.

Any advice for other girls looking to jump into the industry?

S: If you want something, just do it. Explore more. If you keep exploring, you can definitely find how you can connect your passion with work. I also feel like you cannot be lazy. Keep on finding your purpose in life, what you want to do. Don’t wait until you’re 50 because then it may be too late. Start as early as possible.

J: I relate to the laziness part. I procrastinate a lot. Recently I’ve learned to have that go-getter attitude if I really want to succeed. The key is to just not be lazy. To always have that drive. Find that drive and what you like. Just excite yourself.

 

Elsa Dewi Santika: Co-Founder of Luminocean

Tell us a bit about yourself.

My name is Elsa Dewi Santika. I’m working for an organization called Luminocean. It is an educational ecotourism organization based in Banda Neira, Maluku that I set up with my business partner – Mareike Huhn from Germany. We started it in November 2014; it’s been 3 ½ years of a journey for us.

Can you talk more about Luminocean? How did you get started? What was your inspiration behind it?

Well, it started when I was in Banda Neira, in September 2013. I had come to Banda Neira to do humanitarian activities, bringing donations from Jakarta, Singapore, and Malaysia and distributing it to remote islands in Indonesia. When I arrived in Banda Neira, I came across a dive center owned by a German, who was also a dive instructor. I learned diving from him and fell in love with the place. When I found out that they have an NGO set up by a few Germans in marine conservation, I signed up as a volunteer to work at the NGO and stay in Banda starting from Feb 2014 until October 2014.

While I was there, I had this idea: Why not start a self-sustaining organization, rather than an NGO which relies on donations? An entity that has its own business model. I was inspired by Blue Ventures in Madagascar, which provides a scuba diving internship for the purpose of conserving the environment in Madagascar. I brought this idea to my friend Mareike. She agreed and said “I also have the same idea – why not do it together?” It was actually born as Sea Ventures, but we changed it to Luminocean in 2017. So yeah. After some brainstorming, Luminocean was born.

Can you describe what social impact Luminocean seeks to achieve and how you go about achieving it?

So I think there are a few types of impact. First, we want to create environmental awareness for the people, especially for the local people. In Banda, the Bandanese – they live from the sea. However, they do not know how to take care of the creatures living in the sea such as coral reefs and the fish there. There’s so much plastic trash in the ocean in the Banda Sea. And every year there are certain religious traditions where plastic ends up being thrown away – into the sea, into the water. We want to help educate locals in Banda to not throw the plastic waste into the ocean.

In addition, we want to create environmental awareness for the international community. There are a lot of scuba divers – tourists from Europe that come to Banda. However they just dive for fun without thinking much about the environment. So we want to create another product, where diving is not only for fun but meaningful as well. For instance, you can learn about the coral reefs. You can participate in scientific research. We work together with some universities –  one from Germany, another from Australia, and local universities in Indonesia. We bring scientists and projects to Banda and we offer these projects as part of a package of scientific diving to these international divers. That way, they can come to Banda not only for recreational diving but also for environmental and scientific diving. The revenue that we get, we channel it to environmental education as well as English and computer literacy to the Bandanese people.

You mentioned that your passion is in environment and education. How can the private sector go about addressing education and making a difference in people’s lives?

Basically, education in Indonesia is already established, you know. The mainstream education. However, the private sector can contribute on top of mainstream education in terms of more practical education. For example, the voluntourists we bring to Banda can interact with the local kids. Kids can learn in terms of practicing their English with the tourists, or other skills like computers. At the same time, these children can also learn diving. In the future, these kids – upon graduation – can work in the diving or tourism industries.

More and more tourists are coming to Indonesia and to Banda Neira every year, and I want this next generation to be prepared and to be equipped with the necessary knowledge and skills, and therefore be independent and self-sustaining. In remote islands because of the lack of jobs and opportunities, they might just want to be a civil servant or teacher when they graduate. Or maybe those who lack opportunities, they think they can only be fishermen or do some labor work, which only gives them a very minimum amount of salary. But in the tourism industry, there is a huge chance to earn more than just being a fisherman or laborer.

Based on your experience, have you noticed any difference working with girls in education? Are there different issues?

From my experience, girls are more motivated than the boys (laughs). I ran this English course – 3 girls 2 boys. The girls were much more motivated than the boys – the boys were still playing.

The challenge for Banda is that it’s still quite a traditional society. Girls are expected to behave in a certain way – it’s not liberating. It’s not good for the independent kind of thinking that we want the girls to have. We want the girls to be educated and to be independent, not to only think, “Oh I want to get married after I graduate,” because of obligation, but to postpone the marriage and to do something that they want first, to be something that they want first before finding a spouse and having a family.

How do you kind of go around that traditional mindset? How do you convince girls or their families that they can pursue their goals rather than immediately start a family?

At the moment we cannot force people to change their mindsets, especially in the short term. What we can do is work with others who are more open-minded. Some people allow their daughters and children to work with us. Some people do not. So we choose to work with people who allow their daughters to work with us. However, we hope that in the future we can bring some changes – we can open the mindset of the people and show them that working with outsiders – foreigners including me (in the Bandanese point of view, I am a foreigner even though i’m Indonesian) – is fine and can bring benefits as well.

What challenges have you faced, being a woman in the startup ecosystem?

Well, I mostly faced challenges from my own parents. They have these expectations of me working in big cities – in Jakarta, or…because I used to study and work in Singapore, they expected me to be more oriented towards more “developed” countries or cities. However, me choosing to work in more remote islands was pretty challenging because they didn’t really agree with my idea. I think that was the biggest challenge I faced at the time.

What are some tips you can give women entrepreneurs going into a room full of investors, who are often all-male?

Just be confident. As long as you know what you’re doing, it doesn’t matter if you’re male or female. Even if you’re male – if you don’t portray that self confidence, people will sense you don’t know what you’re doing. Investors will have that sense as well. But if you’re sure and full of self confidence, people will feel that. Know what you’re doing.

Any advice for other women entrepreneurs who might want to start up a venture?

My advice is just do it. Sometimes we think too much – you see there is this thing called analysis paralysis. We think too much, about how we can earn money from a startup, how we can survive. I didn’t think about any of that at the time of starting Luminocean. I was pretty naïve (laughs). Looking back, I probably would have thought if over 2-3 times more. But I think if you’re passionate about something enough, you should just do it. And everything will fall into place if you just do it.

What’s your advice for overcoming doubts or doubters – for example parents, a spouse, or other naysayers?

Starting from where you are is also a good idea — not making a big change, because people – parents, spouses, children – might not react well to sudden change. Starting where you are is so good.

However, if there is a calling in which you have to go somewhere else, where you have to make big changes – I think it is important to have a support system. Maybe a group of people who also have the same ideas who share the same passions. If there are two or three or more people who can walk with you, it is more fun and more bearable. It becomes easier to brush off those negative voices that come your way.

 

[RECAP] UBS x ANGIN Empowering Women High Tea

On 4 April, 2018, ANGIN co-hosted a high tea event with UBS Unique. The event was a chance for attendees to gain greater insight into the world of impact investing and gender-lens investment. Tracey Woon of UBS moderated the discussion – two presentations and a fireside chat with James Gifford, CIO & Head of Impact Investing at UBS, and Shinta Kamdani, CEO of Sintesa Group and Founder of ANGIN.
James Gifford spoke of the many ways that the next generation could have an impact on investment activities, as well as how the world is changing to reward sustainable businesses and punish ones that do harm. Meanwhile, Shinta Kamdani gave a presentation on the strides that ANGIN has taken in women’s empowerment: from the Women Fund to empowering women through Women’s Spotlight, ANGIN has shown a track record of dedication to supporting women throughout the Indonesian startup ecosystem.
The high tea was filled with buzz, networking, and conversations on responsible and sustainable investment. We hope that some of the discussions at the event will lead to concrete actions in both the Indonesian and Singaporean investment ecosystems. ANGIN is looking forward to hosting more productive and insightful events with our friends at UBS Unique in the future.