The BUMN Foundation Launches The 'Best Country Thoughts' Competition With A Total Grant Of IDR 3 Billion

Minister of State-Owned Enterprises (BUMN) Erick Thohir. (Photo: Doc. BUMN Foundation)

JAKARTA - The BUMN Foundation launched a social innovation competition called Best Country Thoughts'. The competition is a Grant-Competition initiated by the BUMN Foundation and collaborates with impacted investment ecosystems such as Expert Panel, Venture Capital (VC) from within and outside BUMN, and is supported by media partners with global coverage as partners who expand the reach of programs and the business drive/social innovation community throughout Indonesia.

"The Country's Best Thoughts Competition has the main goal of finding innovative solutions in an effort to help the government solve problems in the health and environment. This program is also expected to have a doubled impact on the development of social entrepreneurial skills and which are able to have a real impact on Building Raga and Alam for Indonesia," said Mayasari Indah Lestari, Head of Program and Strategy at the BUMN Foundation, in a written statement, Tuesday, July 16.

Erick Thohir, Minister of SOEs of the Republic of Indonesia, in the launching session of the BUMN Foundation, stated that this program is in line with the transformation of SOEs and focuses on green issues as well as maternal and child health. This competition offers a total grant of IDR 3 billion to 20 selected social entrepreneurs. In addition to financial support, participants will also get visibility, global networks, and connections with the BUMN ecosystem. This program also provides intensive learning and monitoring to ensure initiatives develop well.

The advantages of this program lie not only in the amount of financial support, but also in various other advantages that will be given to the participants. Social entrepreneurs involved will gain widespread visibility and business reach throughout Indonesia, opening up new opportunities and expanding the market.

In addition, this program also offers a global network that will help participants present their broader social initiatives to a wider audience, both at the national and international levels. Participants will also be connected to the SOE Foundation network and ecosystems within SOEs, providing opportunities to build strong connections with various important stakeholders in the business and industrial world.

This program is also equipped with intensive learning and monitoring results. Participants will get continuous guidance and support to ensure their initiative develops well and achieves maximum results. With these various advantages, this program is expected to encourage the growth of innovative and impacted social entrepreneurs, bringing positive changes to the wider community.

The 'Best State Thoughts' program has been launched on July 5, 2024 and registration will be closed on July 24, 2024. Due to a fairly short registration time, the impact maker should not be late to immediately register at www.yayasanbumn.org to realize real changes in order to Build Mental Raga and Nature for Indonesia.