Supporting The G-20 Presidency, Bizhare Provides Assistance For MSMEs In Bali

JAKARTA - The Securities Crowdfunding platform Bizhare participates and fully supports the G20 Presidency which will be in Nusa Dua Bali in November 2022. Especially in Nusa Dua Market activities by providing assistance to Business, Micro, Small and Medium Enterprises (MSMEs) in Denpasar, Bali at the Nusa Dua Market event.

Nusa Dua Market organized by SMESCO Indonesia together with the Ministry of Cooperatives and SMEs (Kemenkop UKM) is one of a series of G20 Presidency events.

Founder & CEO of Bizhare Heinrich Vincent said Bizhare took an active step in the Nusa Dua Market event, at the Bali Collection, ITDC Nusa Dua Bali area and became an important part.

"Especially in assisting SME business players and facilitating funding through SCF, either through stock, bonds or sukuk instruments, especially in the context of the G20 Summit," he said in an official statement, quoted Thursday 12 May.

Vincent said that Bizhare had succeeded in disbursing funding of IDR 106 billion to 82 SME businesses from various industries such as F&B, Retail, Services, Fashion, Tourism, Agriculture, etc., along with more than 150 thousand investors throughout Indonesia.

Vincent said, this was done both through stock instruments and EBUS with a total turnover of up to IDR 150 billion and distributing dividends of up to IDR 9 billion to investors.

"Bali itself is a province that ranks seventh, with the largest total Bizshare investors in Indonesia," said Vincent.

Referring to the data, Vincent said that the support and enthusiasm of the Balinese people for SME businesses in Indonesia is very large.

"Therefore, we would like to invite all parties to collaborate together starting from the Kemenkop UKM, Kemenkomarves, PemprovBali and all relevant stakeholders, to be able to expand access to funding and public investment to SMEs in Bali as well as throughout Indonesia, through Securities Crowdfunding Bizhare," he said.

The Coordinating Minister for Maritime Affairs and Investment, Luhut Binsar Pandjaitan, also expressed his support for the Securities Crowdfunding scheme at Bizhare. According to him, the scheme is very good and very useful for SME business people to get investment from the community.

Similarly, the Minister of Cooperatives and SMEs The Minister of Cooperatives and SMEs, Teten Masduki said that we must continue to encourage various innovations in various MSME sectors, through the use of technology.

"Where the government will continue to carry out various activations and promotions for SME business players, as part of the G20 side event until November 2022," he said.

Through the implementation of the Nusa Dua Market, Bizhare also opens opportunities for SME business players in the Bali area to be able to register business assistance from its partner, namely MBN Consulting who is ready to provide incubation and assistance in terms of preparing financial reports, legal preparation to marketing, in preparation for being able to obtain expansion funding from investors.

Not only that, but Bizhare has also officially signed an MOU with the Bali Tourism Village Communication Forum in terms of Assistance, Development, and Funding Potential for Small and Medium Enterprises in Bali and its surroundings, especially those which will be opened in the Bali Collection area, Nusa Dua which will serve as the center for MSMEs in Bali. bali and surrounding areas, in welcoming the G20 performance in Nusa Dua, Bali.

Currently, Bizhare.id is also opening various securities offerings for the best businesses such as Sour Sally, Bam Cargo, Hejo Plant-Based Eatery, Zenbu House of Mozaru, Alfamidi, Hangry to Sukuk Mudharabah Procurement of Boneless Chicken Breast, with a total funding of more than from IDR 24 billion, which can be invested by the public from IDR 100 thousand to IDR 1 million only, through the Bizhare website and application.