BCA Inaugurates Coworking Space and Accelerator Program "Synrgy" with Digitaraya

BCA inaugurated the co-working space and fintech startup accelerator program "Synrgy" located in Manhattan Square, Jakarta, in order to advance the realm of digitalization in Indonesia. Accelerator Digitaraya and Kumpul joins as a partner to support the program.

The launch of this program was also attended by the board of directors from BCA, Capital Central Ventura, and Digitaraya. BCA President Director Jahja Setiaatmadja explained that his party made this initiative to respond to current trends. The stretch of digitization makes startups offer creative solutions to problems.

"It is this background that drives us to support a platform called Synrgy," said Jahja in an official statement, Wednesday (27/3).

Synrgy is a collaboration platform and accelerator for the startup community in order to encourage growth and innovation in the digital world, as well as an innovation hub with the best programs prepared to help startups grow their businesses faster.

Startups who have the opportunity to join Synrgy will have access to these programs, one of which is the accelerator program run by Digitaraya with the support of Google Developers Launchpad.

This accelerator program is run for three months with every month it will be held bootcamp which intensely supports product and startup business development. The first month of startup will go through the diagnostic process, leaderslab, and design sprints.

The second month, startups will mitigate making partnerships success and exposure of financial industry regulations in Indonesia. Includes agenda for legal consultations and product mentorship.

demo days held in the third month. At that time, startups presented their products in front of investors and BCA. At the end of the period, there will be a startup selection for partnerships with BCA or investments from other investors who were present.

Synrgy will also connect startups with competent mentors, including from Google, for consultation they he they with mentors, open access to investors, and with BCA.

"By combining the power of Google Developers Launchpad we will offer unparalleled support for selected Synrgy startups," added Nicole Yap, VP Strategy at Digitaraya.

Registration for the Synrgy accelerator program is now open at official site and will be closed on May 17, 2019. Mentioned on batch For the first time, BCA will select eight selected fintech startups with ideas and innovations ranging from big data, digital payments, cybersecurity, blockchain, IoT, and others that aim to advance fintech.

Previously, a number of banks had also started to engage in similar programs, such as Bank Mandiri (through Mandiri Capital Indonesia) organizing the Mandiri Digital Incubator and Bank Bukopin creating a program BNVLabs with Kibar.