ActCelerate: Accelerator Program From MCash and SiCepat on a Mission to Deliver Quality Startups in Indonesia

Startup or start-up companies continue to grow today. This is inseparable from the penetration and use of the internet network which is quite large in Indonesia. According to data compiled by the Indonesian Internet Service Providers Association (APJII), internet users in Indonesia have reached 196.7 million in 2020 - or equivalent to 74% of Indonesia's population have become internet users. This massive number can be an opportunity, especially for digital start-up businesses.

On the other hand, setting up and running a startup is not an easy matter. Many things are must be understood by the founderStarting from determining the right business vertical, forming a strong vision, to determining a business model that is suitable for the target market, to the need to raise funding, this is an understanding that must be mastered in order to achieve success. No doubt it becomes a challenge on how to give birth totally ready startup, both operationally and for the funding needs of investors. There are several factors that can lead to the failure of a startup, such as weak concept design, lack of innovation, minimal understanding of management and legal aspects, and many other factors.

One solution for startup founders or business owners to do is to participate in a startup accelerator program. The accelerator program aims to help accelerate startup growth. This activity can be followed for startup owners who have just started their business as well as startups that have reached the development stage and have received capital from several venture capitalists and investors. The accelerator program will present experienced mentors who will share stories about the ups and downs and provide interesting insights about the business. In addition, it is also important to remember that the accelerator program cannot help startups that are in the collapsing phase.

In general, we know that a mentor is an expert who has had track record excel in business, so that experience and good information about the process, failures and how the mentor is at the point of success at this time can be directly obtained which is why it is known as acceleration. During the acceleration program, the mentor will be adjusted to the startup category participating in the program.

In Indonesia, there are lots of startup acceleration programs, one of the programs that will be coming soon is the ActCelerate which is a collaborative accelerator program from MCcash, SiCepat, and also DailySocial.id. The ActCelerate program will last for 8 (eight) weeks, which will be filled with various activities around accelerating the startup business.

ActCelerate presents a module that is certainly very useful for boosting the growth of a startup business, in addition, mentorship support is also provided by inviting experts in their fields, to discuss how startups move to achieve success by increasing the ability to validate ideas, encourage optimal business models, understanding of the importance of prototyping, to boost maximum marketing efforts. All of these things will be discussed virtually through a mentorship webinar session that will be presented ActCelerate.

Furthermore, apart from offering knowledge and insight interesting, program ActCelerate also provides capital support and business collaboration with MCash and SiCepat for selected startups. Attractive incentives are provided in the form of prizes prepared for 3 (three) selected participants with a total value of 100 million Rupiah and also the opportunity to get facilities from IndonesianCloud for public cloud infrastructures and from Damcorp for the use of WhatsApp for Business API (terms and conditions apply). The selected startups will also appear to be the best on 'Demo Day' ActCelerate.

Interested in accelerating your startup in the program ActCelerate with MCash, SiCepat, and DailySocial.id? Stay tuned for more information only at DailySocial.id.