[RECAP] A Pre-Conference Dialogue for The 2018 ASEAN ANGEL ALLIANCE SUMMIT

In conjunction with the ASEAN Angel Alliance Summit (AAA) 2018 that being be held in Malaysia on 27-28 November, a parallel pre-conference dialogue was organized one night before as a roundtable discussion to allow for a frank and interactive exchange among country representative of each member state in the region.

ANGIN Team represented by David Soukhasing (ANGIN Director), Valencia Dea (ANGIN Principal) and Feby Ramadhani (ANGIN Advisory Consultant) attended the pre-dinner alongside Ibu Noni, the President Director of Bluebird Group. It was a great opportunity to have a dynamic discussion for the success of the event with people and some old friends from Vietnam, Cambodia, Myanmar, Thailand, Singapore, Philippines, and Malaysia.

Some key issues discussed at the dialogue were the ways to strengthen regional collaboration and promote cross border angel investment between AAA members in ASEAN region, the feasibility of making ASEAN Angel Alliance Summit as an annual signature event for AAA, and the joint mechanism to organize future AAA Summit.

The AAA is essentially a collaborative platform for angel groups and other early stage ecosystem players operating within ASEAN member countries to cooperate and work together on activities of mutual benefit. The Summit is poised to attract more than 200 delegates including angel investors, ecosystem players, government agencies, and entrepreneurs from across ASEAN.

We are very much looking forward to the ASEAN Angel Alliance Summit (AAA) 2018 and contribute more in the advancement of angel investment collaboration in ASEAN region.

Let’s find more information and documentation of the event at www.ASEANangel.com.

[RECAP] ANGIN Partnered with The Asia Pacific Foundation (APF) of Canada event “#TrainingDay: Helping Your Small Business Grow in Indonesia”

ANGIN had a great opportunity to support, as a community partner, The Asia Pacific Foundation of Canada training event for MSMEs and entrepreneurs hosted by BLOCK71 Jakarta on November 21st, 2018. The training goal is to introduce relevant Canadian best practices for small businesses through workshops conducted by Canadian trainers (provided by APF Canada) in Indonesian practioners on MSME business development.

David Soukhasing (ANGIN Director) was invited to open the training day and emphasized how much this training was in line with ANGIN’s core mission and activities. ”ANGIN strive to provide key services to both investors and entrepreneurs to make sure that investors are enabled to invest with best practices and more importantly that entrepreneurs manage to get access easier to funding with the right terms and timing, in full transparency. I would like to remind how ANGIN also has pioneered to support women entrepreneur and women empowerment. We are a strong believer that women entrepreneurs do represent a force of change and development for any country. This is why we have included several dedicated programs or gender inclusivity parameters to most of the work ANGIN is doing, and several of them were strongly supported by Canada”.

In this training, Valencia Dea (ANGIN Principal) also shared her presentation about Financing for SMEs. As many SMEs feel constrained to access external financing from traditional sources, there are other non-bank alternatives that address their barriers, such as funding leveraging financial technology (crowd funding)or Peer-to-Peer (P2P) and others types of investors such as Angel Investor, Venture Capital, and Impact Investor. Valencia Dea also presented her analysis about pro and contra and also some tips for getting funding from each of these non-bank financing alternatives.

This training session also announced the launch of an online toolkit (developed by APF Canada for Indonesia) for MSMES’key business capacity development needs and a training on MSMEs could use it. Please check the toolkit here : https://apfcanada-msme.ca/toolkits

In addition, the APEC-Canada Growing Business Partnership has launched the 2018 Survey of Entrepreneurs and MSMEs in Indonesia: Building the capacity of MSMEs through Human capital – A national survey of entrepreneurs and micro, small and medium enterprises (MSMEs) in Indonesia to provide an analysis of business development in the region, and to better understand the opportunities and challenges faced by Indonesian MSMEs and aspiring entrepreneurs around human capital. The survey report is broken down into three major sections focusing on company and entrepreneur profiles in Indonesia, growth plans and barriers to growth, and challenges and opportunities related to human capital. Each section also identifies age, gender, and industry-specific data and trends.

Let’s find more information about the research result and The APEC-Canada Growing Business Partnership by clicking this link.

 

[RECAP] ANGIN attends ChangemakerXChange Vietnam Summit 2018!

ANGIN is proud to have been selected to attend ChangemakerXchange Vietnam Summit from November 8th to November 12th 2018. The summit – co-created by Ashoka and Robert Bosch Stiftung Foundation – marked ChangemakerXchange’s first ever women’s summit, and congregated 14 women leaders from all over Southeast Asia to ideate, co-create, and learn from one another. Upon completion, participants enter a network of over 500 inspiring young social entrepreneurs across 90 countries – all trying to make the world a better place. Due to her work leading ANGIN’s Women’s Spotlight and Connector.ID, Meredith Peng (Senior Consultant) represented ANGIN at the summit.

During the summit, Changemakers learned from one another about various leadership frameworks and strategies for accelerating their own ventures and projects. Each participant was able to offer their own skill sets to the mix. For instance:

  1. Meredith Peng, on behalf of ANGIN, hosted an Investor Shark Tank session to help coach the social entrepreneurs present on their pitches and business models, as well as investor readiness and strategies going forward.
  2. Nattinee Dora Sae Ho, founder of Kid Hero (Thailand), offered various leadership frameworks and strategies. Building trust within teams is first and foremost for any organization to expand, and trust is often a process. By forging pathways for team members to succeed at tasks, managers can create smaller increments of trust until a high enough threshold of trust is achieved. Underlying all of this is the motive of leaders – why are leaders behaving the way they are? This is vital for all teams to work together with trust.
  3. Wan Wei Soh, founder of IKIGUIDE (Singapore), hosted a session on using Blockchain technology for social impact. Through understanding the basics of Blockchain and cryptocurrency, participants were then able to understand real world applications of the technology. Blockchain can be a powerful tool for social entrepreneurs who wish to raise funds through ICO or as a means of crowdfunding projects by decentralizing investment.
  4. Greta Rossi, Europe and MENA coordinator for ChangemakerXchange and founder of Recipes for Wellbeing (Italy), taught a session on non-violent communication and applying this method of communication to teams to mitigate and deal with conflicts
  5. Jiezhen Wu, Director at The Hidden Good (Singapore), hosted a session on content creation and storytelling.

Participants were also encouraged to think about their own wellbeing, mental health, and motivation. Failure and burnout were two relevant topics for many participants who face pressure and stress from running ventures. The summit emphasized the importance of emotional wellbeing, expressing gratitude, and practicing empathy in everyday life.

ANGIN is happy and honored to have participated in a summit full of amazing changemakers throughout Southeast Asia. We remain committed to promoting entrepreneurship throughout the ecosystem and hope to bring lessons from the summit back to Indonesia for all entrepreneurs from all walks of life to learn from.