[RECAP] StartCon Pitch $ 1 Million Regional Finals : The Clinic Workshop

Friday, October 12th 2018  Riaz Bhardwaj from Angel Investor Network Indonesia (ANGIN) was invited to be a speaker and panelist at the Pitching clinic organised for STARTCON regional pitching competition in Jakarta.

The other panelist were Emil Reven (Investment Officer, Kejora) Fawwaz Faizal (ex- Head of Finance, Pawoon). The session was moderated by Ms. Mercy Simorangkir, Director of NSW Trade and Investment at Australian Trade Commission. During the session, the panelist shared their experiences and valuable tips for start-ups on ”How to secure funding and grow even further ?”. The purpose of the clinic was to help startups to perfect their pitch for the final pitching competition on the 26th october.

StartCon is a collaboration of events for Australia’s flagship annual event that with feature “Pitch for $1 Million” pitching competition for startups. The finale event will be held in Sydney, Nov 30 – Dec 1, 2018. Read more here.

Right Click Capital has teamed up with STARTCON for a regional pitching competition – “Pitch for $1 Million”. Over 600+ startups from across the region will compete for the grand prize of $1 million dollars in investment.

Startup founders will have the opportunity to showcase their business in front of judges, other startup founders, entrepreneurs and investors in one of 14 cities across Asia Pacific. Finalists from each city will be flown to Sydney to participate in the Pitch for $1 Million Grand Final in front of thousands.

STARTCON has partnered with UnionSPACE, Jakarta to host the pitching competition to select the finalists from Indonesia. The event is supported by Australian Embassy in Jakarta.

[RECAP] Hivos x Connector.ID

Connector.ID is proud to collaborate with Hivos’ Social Entrepreneurship Support Program, Idea Jam, in delivering a workshop for building a Business Model Canvas on Friday (20/4). Nadira Dinisari from ANGIN was leading the 3-hour long workshop in Code Jam Margonda, Depok with Sarah Ramadhita from Hivos as the moderator. Most of the startups in this program have social impact as the core value of their business. Their ideas range from renewable energy to sustainable farming.

Some key takeaways from the workshop:

  • The Business Model Canvas should give the structure of your business plan and contain elements that provide a coherent view of a business’ key drivers.
  • The Business Model Canvas is meant to evolve as you move through the following steps. It should be updated and refined whenever there is an update in information.
  • When you are thinking about the value proposition of your business, think about how you can map it to each customer segments. One value proposition may speak louder to a certain segment than another. This also applies to the channels of communication since not all segments can be captured through only one channel.
  • It is also important to think about how each customer segment can bring in different revenue streams for the business.
  • Key activities of the business is important in determining the key resources needed, who are the key partners, and finally the cost structure of the business.

It was really refreshing to be presented with startups who have a social impact in mind! We cannot wait until each startup under Idea Jam presents their finalized pitch decks. Best of luck!

 

[RECAP] Pedals.ID x Connector.ID Branding Workshop

Last Saturday (13/4), Meredith from Connector.ID and Nadira from ANGIN held their first workshop about branding in Bandung in collaboration with Pedals.ID. Titled ‘Brand or Bust: How to Build Your Brand & Stand Out to Investors’, the 2-hour long workshop was filled with young Bandung entrepreneurs who are keen on developing their own brand.
Some key takeaways from the workshop:

  • You need to know the reason behind why your brand exists. Why should anyone care about your brand? Define the problem statement that your brand will solve!
  • Clarify your unique selling point: what does your brand have that others don’t?
  • Find out how your brand can be ‘superior’ to other brands out there.
  • Define your users! You need to understand your target market in order to better cater their needs. The more specific the better. Creating user personas can help.
  • Don’t forget you need to be able to identify your brand & how it fits in the market. This means creating a thorough competition analysis and positioning your brand in the market.
  • Finally, build a brand message that is emotionally appealing so that people will remember your brand.

This is only the beginning of future workshops held outside Jakarta. We plan on creating more workshops for aspiring entrepreneurs out there in Indonesia and provide more mentoring and resources for them. Best of luck to the Bandung participants that attended the workshop; we hope to see you all soon!