Technology company Lintasarta finishes Appcelerate 2017 program by announcing 8 startup as winners representation of each partner universities, Institut Teknologi Bandung (ITB), Universitas Gadjah Mada (UGM), and Institut Teknologi Sepuluh Nopember (ITS).
Appcelerate 2017 is slightly different from the previous year which only takes ITB. It is now spreading widely, team up with top three universities in Indonesia.
Appcelerate is a CSR program held by Lintasarta since last year as business plan creation event of product innovation or digital app. The developed products should have business value and capable to support all financial sectors, oil and gas, plantation, manufacture, health, logistic, transport, maritime and smart city.
“We will continue [Appcelerate] as a way to build ecosystem, also part of Lintasarta transformation into ICT’s leading player by 2020,” said Arya N Soemali, Lintasarta’s IT Services Director on Wednesday (12/6).
UGM’s startup winners are Pijar (Online Psychology), Pasienia (Patient community) and Iwak (fishery logistic distribution). Meanwhile ITB has Halofina (SMW and private financial assistant), Cityplan (urban planning platform) and Ready Doc (CRM for doctor and clinic). ITS added with Siguri (integrated security devices) and Nelbi (smart electronic devices).
These startups are selected after going for three-month (August to October 2017) incubation and acceleration period with other representations at each universities. During the incubation period, each startups receive mentoring, product and business development guidance through various programs involving Lintasarta’s board of directors.
They get the finest judgement of all other candidates, meet the expectation of problem solving category, usefulness, commercial and business value. Judges are selected from the board of directors, Lintasarta’s general manager and head of business incubator from three universities.
Of the eight startups, top three are selected from each universities. Pijar, Halofina, and Siguri will get business development support and partnership with Lintasarta to enter B2B market.
“On certain point, there will be an evaluation, because they cannot be instantly independent. We will guide them continuously to the point where we can discuss in commercial context. There will be revenue sharing.”
Next year, Soemali said his team will continue to engage universities as company’s spirit in expanding opportunity for the youth.
One of the winners in Appcelerator 2016 which already signed B2B cooperation with Lintasarta is Kazee (formerly CHARM), a platform for media analysis.
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Original article is in Indonesian, translated by Kristin Siagian
