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Skystar Ventures Tech Incubators & Collaborative Space - Achievements & Challenges

Skystar Ventures is a tech incubator and collaborative space at Universitas Multimedia Nusantara that aims to build a sustainable startup ecosystem. It has supported 29 startups through 6 batches of its incubator program. Notable achievements include securing over $220k in funds and government grants for 9 startups. However, challenges include high participant drop-out rates due to lack of commitment and progress monitoring. Other challenges are limited funding sources and lack of access to industry networks and markets. Moving forward, Skystar Ventures seeks to address these challenges through improved mentoring, structured programs, and partnerships that provide funding, training, and business connections.

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0% found this document useful (0 votes)
114 views22 pages

Skystar Ventures Tech Incubators & Collaborative Space - Achievements & Challenges

Skystar Ventures is a tech incubator and collaborative space at Universitas Multimedia Nusantara that aims to build a sustainable startup ecosystem. It has supported 29 startups through 6 batches of its incubator program. Notable achievements include securing over $220k in funds and government grants for 9 startups. However, challenges include high participant drop-out rates due to lack of commitment and progress monitoring. Other challenges are limited funding sources and lack of access to industry networks and markets. Moving forward, Skystar Ventures seeks to address these challenges through improved mentoring, structured programs, and partnerships that provide funding, training, and business connections.

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Arytt
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Skystar Ventures

Achievements & challenges

SKYSTAR VENTURES
TECH INCUBATOR & COLLABORATIVE SPACE
Vision

To build a competent, collaborative, and


sustainable startup ecosystem in Campus
Legality

SK Rector
No. : 020/SK-R/VIII/2013
Launched at December 12th, 2013
Skystar Ventures Foundation
Education Community Building Mentors Network

Entrepreneurship Program

Collaborative Space Skystar Capital

Online Data Science Program


Skystar Ventures
Incubator Program
Objective

Helping UMN students and alumni to be able to


validate their business and product, by connecting
to relevant network
Key Activities

Program Online Participant Mentor mapping


socializations registration screening

Workshop 1:1 mentoring Pitch Business


presentation matching
Facility
Notable mentors
Kompas Group Corporate

Liliek Oetama Andrey Andoko Bimo Setiawan Sakti Makki Harris Thajeb Derice Sumantri
CEO Vice rector Ex Managing Director Managing Director Ex CEO Head of Healthcare
Kompas Gramedia Universitas Multimedia Kompas TV MakkiMakki branding Dentsu Indonesia Progress Group
Nusantara consultant

Venture Capital Prominent startups

Geraldine Oetama Adrian Li William Eka Doni Priliandi Novistiar Rustandi Diajeng Lestari
Partner Managing Partner Associate Director CEO CEO CEO
Skystar Capital Convergence Ventures Skystar Capital Happy5 HarukaEdu Hijup
Current State

6 29 9 +220K USD
Batches Startup Startups got Funds secured
portfolio government grant

kodekado.id
Industry & Government Recognition:
● ICSB Indonesia Presidential Award - 2017
● Kemenristek Dikti Best Incubator Participant @ Start Tech
Training Camp - 2017
● Kemenrisktek Dikti i3E Best Incubator Award - 2017
● Kemenrisktek Dikti Best Incubator Award - 2018
● Akreditasi Inkubator Bisnis Teknologi dengan Klasifikasi A
dari Kemenristekdikti dan AIBI - 2019
Skystar Ventures to the world

2016 - Nimoart at Entrepreneurial Talents 2019 - Walibu representing Indonesia at


House of Opportunities and Support (ETHOS) ASEAN-JAIF BUSINESS MATCHING Project
supported by World Bank and The State initiated by ASEAN-JAIF & AIBI
University of New York (SUNY) in Songdo, Jobmine (2017) and Social Designee (2018),
South Korea representing Indonesia at Misk Global Forum,
supported by Misk Foundation, by Crown Prince
Mohammad Bin Salman
Skystar Ventures
Coworking Space
Skystar Coworking Community

6 Companies, more than 100 Community Members


Community Activity

1. Launching & Opening Ceremony


2. Skystar Happy Hour
3. Skystar Ventures Birthday Celebration
4. Independence Day Celebration
5. Morning Breakfast Feast
6. Halloween Party
7. Teken (PS4) Competition
8. Talents Recruitment
9. Guests Visitation
10. Community Survey
11. Work - Life Balance
12. Badminton Night (every Tuesday)
Challenges

Participants Funding Market Access


Participants

Lack of High drop-out


Lack of interest
commitment rate

Issue
● Lack of understanding on the ● No binding agreement ● Uncertainties in the business
benefit of a startup incubator ● Distracting lecture time ● Lack of progress
● Lack of understanding in the ● Too much school assignment ● Business sustainability
industry landscape
● Uncertainty on what the future
holds
● Perception: entrepreneurship is
too technical
Participants

Lack of High drop-out


Lack of interest
commitment rate

Solution
● Collaboration with faculties and ● Participants contract ● Intensive mentoring
student organization ● Grade transfer ● Progress check-in and
● Collaborating with existing ● After school and weekend reporting
startup players programs ● Create stand alone programs
● Create compelling events with prior to the incubation program
notable speakers
Funding

Wo %
10
rks
ho
pB
Pe
10 nd

erb
% ana
an
ay
PP
ar
BT

Coworking
Space
30%
Market Access
Inputs and Support Needed

1. Access to Insight and data in the industry landscape


2. Funding and supporting programs from the government
3. Industry training and certification from the government to
open more access to the industry
4. Provide more access to any potential market that incubator
can be involved
5. Actively link and match with the business network
www.skystarventures.com
[email protected]
@SKYSTARVENTURES
@skystarventuresprogram
+62 859 3971 3389
THANK YOU

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