It has been a big week for entrepreneurship in Indonesia. U.S. Secretary of State Hillary Clinton arrived in Bali on July 21 to take part in an ASEAN Regional Entrepreneurship Summit (RES) held by the Ministry of Trade of the Republic of Indonesia and the Global Entrepreneurship Program Indonesia (GEPI). The theme of the 3-day RES was: “Emerging Entrepreneurs: The Next Big Chapter.”
The Summit was part of GEPI’s efforts to catalyze Indonesia’s entrepreneurship strategies. Formally started in January 2011 by a group of 13 prominent business leaders in Indonesia, GEPI is also part of wider global initiative called the Nadiem Makarim, the young founder of Go-Jek, a motorcycle taxi company in Jakarta, is part of the first generation of the GEPI program participants. This recent Harvard Business School graduate conceived the idea for his company, which seeks to meet the demand for efficient transportation and the need for more jobs among Indonesia’s low-skilled workers. Go-Jek recently secured investment by US entrepreneur Arthur Benjamin. Indonesian Trade Minister Mari Pangestu hopes entrepreneurs and their investors will allow Indonesia to “leapfrog” development.
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Author:Jonathan Ortmans
