ID Apps Academy, Incubation for Apps and Web Developers

IDC Indonesia, a data center service provider in Indonesia, holds an incubation program for app and website developer in Indonesia. The program named ID Apps Academy is open for public. ID Apps Academy participant will not only receive investment to develop their app but also payroll and bonus for certain periods if the app get the appreciation from the community.

ID Apps Academy is a 2 year incubation program. In the beginning of the period, incubation participant will get a facility in the form of infrastructure as free server. Then ID Apps Academy will continue to rate every incubation participant. Participants whose apps/websites get a lot of appreciation from the community will get the chance to free workshop, working space with internet access, monthly payment, bonus every certain period to promotion to investor.

Interestingly, the rating process is not decided by the judges but by community. The rank for incubation program’s participant will be based on number of download, number of visit, number of active user, etc. The amount of the bonus will be determined on the number of investor interested to be the investor of this incubation program. Therefore, the incubation participant is required to be creative to be able to invite more investors to join.

Continue reading ID Apps Academy, Incubation for Apps and Web Developers

Incubation and Mentorship Programs Flock to Indonesia

For the past few months, we’ve been seing the number of incubation and mentorship programs starting to educate tech startup founders in Indonesia. We have local ones such as Merah Putih Inc (DailySocial is involved here), East Ventures Alpha, Jakarta Founder Institute, Project Eden, Telkomsel Bootcamp and numerous other similar programs.

These programs have existed since the beginning of the year and for the past few months it seems obvious that lots of entities want to tap this growing industry. Tech companies, telco/carriers and giant holding groups were amongst the most excited to start these programs and of course in-line with their business model.

2010 was the year for investors flocking to Indonesia and I happened to have met several of them as they went looking around the market, meeting people, looking opportunities to invest in Indonesia. Conclusion: the market is ready, the startups are not. These investors never came back, they were dissappointed. I told them that currently Indonesian tech startup scene needs mentorship, we’ve got some brave talented entrepreneurs but they’re still young and need guidance from mature entrepreneurs. And by “guidance” I don’t mean taking over their company.

Continue reading Incubation and Mentorship Programs Flock to Indonesia