Jakarta SmartCity 2022

Strengthening Urban Governance, Prosperity and Innovation in Jakarta

The goal of this report is to develop an entrepreneurial ecosystem strategy and implementation plan for Jakarta to foster an entrepreneurial friendly policy. The policy recommendation study is conducted and developed by Sixty Two and Nation Insights.

A Joint Collaboration

about

The New Normal

Jakarta today offers a plethora of opportunities, thanks to the diversity and the collaborative spirit imprinted in the community. However, the recent crisis demands a new frame to guide the people in living a post-pandemic lifestyle, most apparent about the policy to nurture values, innovation, and job growth.

Through the sister city partnership, Jakarta and Berlin are joining forces to strengthen the entrepreneurial ecosystem by implementing the project “Smart Change”, funded by the European Union. Within the area of policy, Jakarta and Berlin partner up to identify the gaps and improvements to address entrepreneurs’ challenges of today.

methodology

Policy Recommendations Formation Process

We conducted three (3) extensive co-creation process, such as quantitative studies, in-depth interviews & co-design workshop to ensure the creation of inclusive policy recommendations

Quantitative

324

participants

in-depth interview

MSME Segments & Startups

Co-design

Industry Categories

Policy Recommendation

For a Stronger Ecosystem

20

recommendations

4

key areas

300+

collaborators

In collaboration with Sixty Two and Nation Insights, the project gathered feedback from hundreds of entrepreneurs in the city about the multi-dimensional business challenges they face to stay resilient.

Learn how we conduct the research & status quo process

How might we strengthen the MSME ecosystem?

Creating a resilient foundational ecosystem

Synchronizing MSME classification

MSME criteria alignment to accurately & better compore across industries & regions.

Measuring the effectiveness of MSME development programs

Effective & efficient success metrics to identify gaps between MSMEs needs and solutions.

How might we support MSMEs to develop strong and up-to-date market and industry knowledge?

Building strong and up-to- date market and industry knowledge

Improving MSMEs’ access to market and innovation data

Actively providing essential & updated market information to assist MSMEs grow.

Collaborating on innovation-focused research with MSMEs

Collaboration with research-intensive institutions to help MSMEs in the region innovate and grow.

Encouraging MSME procurement

Incentivize medium and large enterprises to procure from micro and small enterprises.

Incentivizing collaboration in MSME training and mentorship

Making it lucrative for potential collaborators to participate in the Jakpreneur program.

How might we make digitally-empowered growth affordable for MSMEs?

Making digitally empowered growth affordable

Issuing operational regulations to facilitate MSME financing

Establishing operational regulations to reduce the field difficulties and implementation problems.

Strengthening MSME data

Inventorizing data on MSMEs can help the government and other stakeholders to customize solutions that meet their specific needs.

Improving the MSME financing information infrastructure

Increase awareness on the available options offered by the financial institutions.

Offering MSMEs access to finance coaching services

Coaching services to help MSMEs understand and reliably reveal the future digitalization prospects.

Helping MSMEs to access production technology

Accelerating technological upgrades to enable production expansion.

Incentivizing MSMEs to stay digital

MSMEs face daunting challenges in maintaining digitization and require help in optimizing solutions.

Creating a crowdfunding regulation for MSMEs

Democratize MSMEs financing access to experiment with product innovations.

How might we build the tech talent reservoir to meet the evolving industry demand?

Ease of recruiting & developing tech talent

Improving the job-readiness of Digital Talent Scholarship graduates

Provide students with job-ready skills and industry contacts.

Repatriating Indonesian tech talent

Helping overseas Indonesian tech talent to return and settle in quickly and seamlessly.

Revitalizing apprenticeships

Proactively facilitate employees career journey.

Providing non-monetary incentives for potential students to study tech

Assistance and access to information to help potential students.

Improving access to and boosting demand for tech mentoring

Stimulating demand for and improving access to mentoring.

Producing digital talent through the formal education system

Produce digital talent through the formal education system.

Formulate software house incentive plan

Software houses can help startups and companies quickly access pipelines of a pre-vetted, skilled workforce.

For many entrepreneurs, the decision to turn into innovations depends on the ease to adopt technology, trained workforces, and multiple sources of finance. Yet, navigating the complex regulation is a major challenge for most lay business people. To expedite the economic recovery post-pandemic recession, the stakeholders in the ecosystem are urged to formulate the right policy to simplify such challenges.

— Kariem El-Ali, Senior Policy Advisor

Quantitative Demographics

Gender Distribution

Highest Education Attainment

Owner's Age

Marital status

Number of Dependent(s)

Qualitative Demographics

Education

Gender

SEC

Industry

Size

Age

Codesign Demographics