Indonesia under president jokowi has slowly transformed to the better progress. In term of technology, seemingly indonesia has the mission to emulate silicon valley developing the biggest start up ecosystem in asia. JOkowi himself has supported through his expectation to bear thousand of start up in the country. Government shows seriousness in this sector after analysing the market opportunity for start up to be the novel business trend following the european countries.
As recognized, silicon valley is the world basis of technology like start up in USA. According to ceo of fenox ventura capital, anus uzzaman in 3 to 5 years from now, indonesia is predicted to be the next silicon valley of asia. It is due to the population and supporting factors like trend of online business, and government policy. The start up in the country has basically proliferated such as GOJEK, TOKOPEDIA, TRAVELOKA, BUKALAPAK, BLIBLI.COM and many others. All these prototype has shown significant progress and acquire positive response in market.
Government really support the progress of start up technology. Last time in his visitation to silicon valley, president jokowi also bring famous CEO start up like kaskus and gojek for futher study of start up technology and creating business network. Government also provides condition to boost the progress of start up through involvement in start up world cup and better infrastucture for internet and many others.
Meanwhile, creative economy agency, fajar utomo sees that the greatest challenge for local start up to go international is english communication. Most of start up inventor doesn't have good skill of english as the requirement for international level. Basically, the potentiality of local start up is quite promising. The foreign investors start to look for local start up like from hongary and singapore.
Research and technology minister, m nasir said that the government will give up to Rp 300 million for new start up. M nasir claimed that government, jokowi support much and expecting the start up to be promising breakthrough in business sector.
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