Shinhan Future's Lab Opens Registration for Second Batch of Acceleration Program

In the initial phase of its development, startups can do many things to focus on increasing their business growth, one of which is by joining an acceleration program. By following the accelerated program, founder will receive guidance on various business knowledge needed to be able to accelerate the growth of the startup.

In addition, there are many other benefits that can be obtained when startups get the opportunity to take part in the acceleration program. Starting from facility assistance, strategic cooperation, to... networking with fellow participants which may lead to other forms of collaboration in the future. In Indonesia itself, there have been many acceleration programs that can provide this support. One of the acceleration programs that startups can immediately participate in is Shinhan Future's Lab Indonesia.

Entered Second Batch

This acceleration program held by Shinhan Financial Group has entered its second batch. The registration period has also been opened since June 22, 2020 and will continue to be open until July 19. Previously, the Shinhan Future's Lab Indonesia acceleration program has passed four Indonesian startups in batch The first ones are Modal Rakyat, Etanee, KODI, and OKHOME. The participants of the acceleration program have received several facilities and benefits during the program, and have the opportunity to take part in the Global Exchange Program in South Korea at the end of the year or if the COVID-19 pandemic has ended.

One of the advantages of this acceleration program is that there is no limit to the startup category that can join the program. Starting from fintech, healthtech, edutech, business and consumer services, retail, AI, big data, commerce, so that information content providers have the same opportunity to participate in Shinhan Future's Lab Indonesia. This is based on the objective of this acceleration program to seek the best startups with innovative technology products and services in Indonesia, so that participants are not limited to certain business verticals.

Startups that pass the selection in batch 2 will also participate in a series of activities for fourteen weeks, including networking activities with the Shinhan Financial Group partner network as well as mentoring with a number of experts from various fields. Not only that, the selected startups will also get co-working space facilities at Cohive 101 South Jakarta.

Get Mentoring to Co-Working Space

There are many benefits that can be felt by the participants if they successfully pass to this acceleration program. Starting from mentoring by experts, facility co-working spaces, help joint business with Shinhan Financial Group & Future's Lab partners, as well as connecting these startups with investors from Shinhan Financial Group or other external parties. These benefits will certainly help the participants to accelerate their business growth both during and after joining the program. In addition, this acceleration program is also expected to encourage synergy between Indonesian and Korean startups. This synergy is believed to have a positive impact on the Indonesian startup ecosystem.

“Shinhan Future's Lab Indonesia is committed to actively supporting the synergy between Indonesian and Korean startups. Since the establishment of Shinhan Future's Lab in 2015, we have realized the potential and importance of the Indonesian market,” said a representative from Shinhan Future's Lab Indonesia in a press release.

By participating in an acceleration program like this, the founder will have the opportunity to focus on business development while opening many collaboration opportunities through networking during the program.

So, what are you waiting for, if you are interested in joining the Shinhan Future's Lab Indonesia acceleration program batch Second, register your startup immediately before the registration period closes on July 19. You can register by filling out the form via the following link.

Disclosure: This article is sponsored content supported by Shinhan Future's Lab.