Founder Institute Indonesia Graduates 30 Startup Founders in the 2021 Virtual Program

Founder Institute Indonesia will hold a Virtual 2021 Graduation Ceremony program on Saturday, June 12, 2021, at the Merry Riana Group head office.

Founder Institute (FI.co) is the world's largest startup pre-seed accelerator. In this program, entrepreneurs and teams, build their businesses with an important support network consisting of startup experts who share the same vision and goals, through a structured and challenging business development process, which has helped alumni get funding of more than 950 million US dollars. Dollar.

Many of the fastest growing startup founders in the world, have been assisted by the Founder Institute to get funding, join accelerators, earn traction, form teams, build products, make the transition from employee to entrepreneur, and much more.

Headquartered in Silicon Valley and spread across more than 200 cities and 90 countries, the Founder Institute's mission is to make Silicon Valley global and empower talented and motivated entrepreneurs to build companies that will create a million new jobs.

In Indonesia, the Founder Institute is led by Andy Zain, Merry Riana, and Alva Tjenderasa. Andy Zain is a tech entrepreneur, investor and Managing Partner of Kejora Capital, a leading venture capitalist in Southeast Asia based in Jakarta.

Merry Riana and Alva Tjenderasa are serial entrepreneurs and founders of the Merry Riana Group, which consists of 12 businesses in various segments: education & human capital, event organizing, digital media, retail & consumer goods, as well as F&B.

Andy Zain contributes through his experience and network at technology startup ecosystem in Indonesia. Meanwhile, Merry Riana and Alva Tjenderasa contribute through their experience in the industry education & human capital, including their brand & reach to millions of followers on social media.

Thanks to this complementary strategic partnership, the Founder Institute Indonesia Virtual 2021 program managed to break the world record as the accelerator class with the most participants in history. This was confirmed and welcomed by Adeo Ressi, founder and CEO of Founder Institute.

Of the total 3000 founders who registered, only 218 founders were selected and accepted to join the Virtual 2021 program. After a very intensive learning process for 4 months, where participants who did not meet the standards were dropped out every week, in the end only 30 founders were selected. Graduated.

The Virtual 2021 program curriculum covers everything a startup needs to survive and thrive. These include Vision, Customer Development, Revenue, Branding & Design, Legal & Intellectual Property, Go-to-Market & Scale, Product Development, Hiring & Onboarding, Growth, and Equity & Funding.

Unlike the previous batches, the Virtual 2021 program was conducted 100% online, and was attended by Founders, who were not only from Jakarta, but also from other cities from all over Indonesia.

The 2021 Virtual Program is supported by 90 of the best Mentors, experts, Partners from leading Venture Capital and of course Founders from Top Startups in Indonesia such as Achmad Zaky (Bukalapak), Gaery Undarsa (Tiket.com), Iman Usman (Teacher Room), Edy Sulistyo (Loket.com & GoPlay), Peter Shearer (Wahyoo), Ronald Ishak (Hakctiv8), Jourdan Kamal (MauBelajarApa.com), Rama Mamuaya (DailySocial.id), Adrian Gunadi (Investree), etc.

The presence of Merry Riana also gives a different color, as evidenced by the greater number of female founders participating, where around 50% of the founders who pass the Virtual 2021 program are women, and the founders' backgrounds are more diverse, not only from the world of technology, but also from the world of technology. also from other more mainstream industries.

Merry Riana's involvement at the Founder Institute Indonesia is her first step to enter the world of technology startups in order to achieve her resolution to create a positive impact from Indonesia for the world.

The Graduation Ceremony will be attended by mentors and various invitees, including investors. The event will be complemented by presentations from graduates who will explain about startups, market opportunities, and their business strategies.

At the Graduation Ceremony, the 5 best graduates will be paired with 5 Super Mentors who will help refine their business plans. The 5 best startups with their respective Super Mentors are: Personix, Panenpa, Hyde Living, Invesnow, and Smart Admin, who will be mentored by Paulus Bambang, Edward Ismawan Chamdani, David Tjokrorahardjo, Alexander Rusli, and Leontinus Edison.

According to Alva Tjenderasa, the 30 founders who graduated have gained something very special, namely good relationships with mentors, both local and global, where not everyone will be able to get direct access and guidance from them. In addition, these 30 founders can still get access to the Founder Institute Global Network and post graduate support & programs.