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Monday, April 23rd, 2018

NUS enterprise’s Block71 opens in Jakarta

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by July 30, 2017 General

Block71, a Singapore-based global network of entrepreneurial hubs set up and managed by the National University of Singapore (NUS) enterprise, has finally landed in Jakarta after partnering with prominent conglomerate Salim Group.

Block71 Jakarta, dubbed an ecosystem builder for start-ups, will help start-up companies gain access to investors, corporate partners, mentors and industry, while its office functions as a co-working space.

NUS enterprise chief executive officer Lily Chan said the hub welcomed any start-up company to join the community. Several start-ups, such as Popbox, KliknKlin, Pinjam and Algoritma have joined the platform.

Trade Minister Enggartiasto Lukita said the existence of entrepreneurial hubs, such as Block71, was needed to boost the country’s digital sector.

Salim Group executive director Axton Salim said the conglomerate group’s knowledge about the Indonesian market would be useful for start-ups that join Block71.

He added that Salim Group had invested in Popbox, a start-up that focuses on package delivery services. (rdi/ags)

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