Government Targets 20 Startups from Small Industries in 2018

  • Font:
  • Ukuran Font: - +
  • TEMPO.CO, Jakarta - The Ministry of Industry targeted 20 startups generated from small and medium industries (IKM) in 2018. In 2017, the target was nine industries.

    “In 2014 we have five, eight in 2015, and eleven in 2016,” Industry Ministry's IKM Director-General Gati Wibawaningsih said in a press release received by Tempo Wednesday, February 7.

    Gati said that her office has set a strategic program to educate the national IKM entrepreneurs so they can market their products through a marketplace. The Ministry has created a digital platform called e-Smart IKM to support it, she added.

    In the IKM guidance program, the Ministry will cooperate with PT Ruang Raya Indonesia ( to increase the human resources (SDM) capacity in the industrial sector.

    The startup company is needed to sell the products of local IKM. To face the digital economy era, IKM entrepreneurs should utilize the latest manufacturing technology and also the e-commerce opportunity.

    The IKM growth has increased significantly. In 2015 the number of IKM was at 3,68 million business units that rose to 4,41 million in 2016. In the second quarter of 2017, it reached 4,59 million.