1. Startups

Twelve Big Indonesian Startups Join the First Cohort of Endeavor ScaleUp Growth Program

Endeavor ScaleUp Growth Program announces 12 selected startups

Twenty-three entrepreneurs from twelve startups were selected to participate in the Endeavor ScaleUp Growth Program (SGP), the most promising growth program for high-impact entrepreneurs in Indonesia. The twelve startups are Buttonscarves, Evermos, feel well, Flip, logically, Meyer Foods, Otolix, Smart, side, SurveySensum, SweetEscapeand Xurya.

This 3-month program offers access to Endeavor's network of business leaders and a growth platform that can guide both the personal and professional sides of the founders elected, both as leaders and entrepreneurs.    

A number of 1-on-1 mentoring sessions with Endeavor's local/global network, in-depth panel discussions to obtain new feedback & insights, access to Endeavor's investor network, and the existence of a dedicated Endeavor Indonesia team, are some of the advantages and differentiators of this program. .  

In addition to uniqueness, twelve Endeavor High-Impact Entrepreneurs will be paired with SGP1 participants as a form of support peer-to-peer during the program. The 'Endeavor Buddies' are Aaron Tan (Carro), Adrian Gunadi (Investree), Vincent Iswaratioso (Dana), Achmad Zaky (Init-6), Kevin Osmond (Printerous), Gibran Huzaifah (eFishery), Vikra Ijas (Kitabisa.com). ), Lingga Madu (Darutama), Rex Marindo (Foodizz.id), Marshall Pribadi (PrivyID), Iwan Kurniawan and Kelvin Teo (Funding Societies).

“Endeavor's mission is to unlock the transformational power of entrepreneurship by selecting, supporting and investing in the world's leading entrepreneurs and providing them with a platform to pay-it-forward (contribute back). The Endeavor Indonesia team has conducted a thorough analysis of more than 1.000 entrepreneurs over the past 8 years, identifying the pattern of challenges that entrepreneurs always face in their development stage. scaling up, as well as providing ongoing support to companies that are in the scale up. There are gaps and opportunities in the ecosystem. Support for companies that are in the acceleration/seed stage with the following stages: scale up not much, so that's why the Endeavor ScaleUp Growth Program was created. We hope that those who have gone through this program can be further supported by trek Endeavor Entrepreneur that we have,” said Wayah Wiroto as Managing Director of Endeavor Indonesia.

Endeavor ScaleUp Growth Program is supported by investree, DANA Indonesia, and Baba Rafi Enterprise, led by Adrian Gunadi, Vincent Iswaratioso, and Hendy Setiono, respectively. The three entrepreneurs have gone through the Endeavor selection process in different years and become Endeavor Entrepreneurs. The ScaleUp Growth Program itself is an addition to the existing Endeavor path. 

A pro-bono consultation by the Boston Consulting Group Indonesia team is also provided as an optional extra that can be chosen, if SGP participants need a discussion partner for a particular idea/challenge. DailySocial.id, an innovation and technology platform, is a media partner for the ScaleUp Growth Program. 

All trips in this program from July to October will be documented on Endeavor Indonesia's Instagram account (@endeavor_indo) with hashtags #scaleupgrowthprogram and the official site at www.scaleupgrowthprogram.org.

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