Haymarket HQ Accelerator Program from Australia Present in Indonesia

Accelerator program to market  from Australia, Haymarket HQ, announced the launch of the "Southeast Asia Tech Immersion Mission" which is fully supported by Investment NSW. This initiative aims to support technology companies and investors from the Sydney Technology Center interested in exploring and connecting with the region's ecosystem.

Based on the opportunities and potential offered, there are three countries that will be the main focus of this program, including Indonesia, Singapore and Vietnam. Indonesia is said to be one of the main ones because it has the largest population in Southeast Asia and has a rapidly growing technology sector.

This program will be held for 9 days, targeting founders and investors who wish to explore opportunities in Indonesia, Singapore and Vietnam. Around 15 delegates from Tech Central Sydney will be selected to develop their understanding of the tech ecosystem in Southeast Asia, improve access to capital and deals, connect with customers and their networks.

Haymarket HQ CEO Duco van Breemen revealed that Southeast Asia is home to the world's fastest growing middle class, as well as globally significant conglomerates and VCs. unicorn technology, and the large pool of technology talent that has empowered some of today's Australian technology companies.

"This program is designed to enable delegates to explore and connect with ecosystems in the region, so they can take advantage of the wealth of opportunities it offers," said van Breemen.

The SEA Tech Immersion Mission will also be supported by a private investment group Arkblu Capital (investors Wahyoo, Jago, and Izy in Indonesia) based at Tech Central. The group, which already has offices in Sydney and Jakarta, offers delegates access to a trusted network in the region, introducing them to the right contacts who understand the nuances of SEA and the demands of Australian business.

Along with the launch of this initiative, Haymarket HQ also announced the launch of the Australia Vietnam Growth (AVG) Program to support Australian technology organizations and industry bodies to explore, validate and expand into Vietnam.

The program is fully supported by the Department of Foreign Affairs and Trade (DFAT) under the Australia Vietnam Enhanced Economic Engagement Grants (AVEG) Program. Aligned with Australia's strategic priorities, the program focuses on a green and digital economy with the aim of generating commercial results as well as establishing a sustainable two-way trade gateway between the two countries.

Not much different from Indonesia, Vietnam also has a digital economy that is growing rapidly, driven by the development of digital infrastructure and a strong cyber economy. Digital technologies are being leveraged to improve industrial infrastructure, simplify supply chains and logistics, provide smart city enhancements to reduce waste, pollution and traffic congestion, and help businesses operate more efficiently.

Seeing the collaboration between Haymaker HQ and Vietnam, it is possible that there will be new initiatives that can be carried out with Indonesia. The SEA Tech Immersion Mission is based on the tried and tested Haymarket HQ framework that has supported more than 800 companies to expand into new markets throughout the APAC region.

Technology startup ecosystem in Indonesia

Many people consider 2022 to be a challenging year, post-pandemic two years ago which had a shock effect on our economy. Issues on global financial markets, macroeconomics, and even recession have become "bogues" that seem to give a warning to our technology startup ecosystem that there is still a lot of homework to be done.

Fenomena "techwinter" What is happening on a global scale is very unfortunate that it also has an impact on the ecosystem of the country. News of employee reductions, up to business closures or pivots, has been experienced by several startup entities in various scales - which have even been experienced by status startups. 'unicorns'.

Even so, there are not a few new startups that are present offering value-added innovations and investors who continue to channel funding to support the country's technology startup ecosystem. Based on publicly recorded data DailySocial.id, in the odd semester of the year at least 73 startup funding publicly announced (34 transactions cited) valued at $707 million.