ICC Center Of Entrepreneurship Launched In Jakarta, Prepares Next Generation Of Business Leaders In Asia

Illustration. (Photo: Unsplash)

JAKARTA - Indonesia's economy is built on 64 million SMEs which includes millions of home industries and micro-entrepreneurs. Indonesia is also promoting investment cooperation with SMEs to create mutual fortune in a strong supply chain, by implementing several strategies, mainly through investment in business profiles, promotion and advocacy.

Therefore, SMEs need ecosystem support to become the backbone of Indonesia's innovation in the future. ICC in collaboration with ICC Indonesia launched the ICC Center of Entrepreneurship for the Asia Pacific region in Jakarta.

This launch is prepared to inspire innovation and improve the business environment for small and medium enterprises (SMEs) in the ASEAN region. With the presence of the ICC Center of Entrepreneurship, it is hoped that it can play an integral role in developing Indonesian entrepreneurship into the era of digitalization and globalization.

John WH Denton AO, ICC Secretary General, ICC Headquarter said, "We are very pleased to be joining ICC Indonesia to launch the newest ICC Center of Entrepreneurship in Jakarta.

"Over the past two decades, the Indonesian economy has grown to become the largest in Southeast Asia and is one of the most important markets for digital technology and innovation. With new startups emerging across the country every day, we believe that the ICC Center of Entrepreneurship Jakarta will be a great resource It is important for entrepreneurs and MSME owners to be able to develop their ideas and ambitions," said John, in a written statement, Monday, October 25.

The ICC Center of Entrepreneurship - Jakarta Hub will also work closely with stakeholders, including businesses, national chambers of commerce, local chambers of commerce, academic institutions, international companies and government agencies, to connect local entrepreneurs to global markets.

From developing the skills of young people to deal with uncertain job prospects to fostering local startups as well as local entrepreneurs, digitizing small and medium enterprises (SMEs) and fostering inclusive entrepreneurs, the ICC Center of Entrepreneurship aims to prepare the next generation of business leaders in Asia.

The Center of Entrepreneurship will be a catalyst among stakeholders to address the structural challenges facing developed and emerging markets. By bringing together thinking leaders, businesses and entrepreneurs. The Center of Entrepreneurship will create a thriving professional community devoted to bringing their innovative ideas to life.

Since 2020, ICC has launched several regional centers ICC Center of Entrepreneurship to provide specialized training, mentoring and support services to help entrepreneurs build, fund, manage and expand their start-ups.

The first regional ICC Center of Entrepreneurship was launched in Istanbul in early 2020 to serve the Central Asia region and the Caucus and was followed in October 2020 by another regional center in Beirut to serve the Arab region.

In September 2021, ICC launched the ICC-ECA Center of Entrepreneurship to serve the African region and was followed by another regional center in Buenos Aires to serve the Latin America region in early October 2021.

The International Chamber of Commerce (ICC) is the world's largest business organization representing more than 45 million companies in more than 100 countries. ICC's primary mission is to make business work for everyone, every day, everywhere.

Through its unique blend of advocacy, solutions and standard setting, the ICC promotes international trade, responsible business conduct and a global approach to regulation, in addition to providing market-supported dispute resolution services.

ICC members include many of the world's largest corporations, SMEs, business associations, law and consulting firms, chambers of commerce, as well as individuals and experts involved in international business.

ICC Indonesia, a National Committee with Organizational Statutes closely tied to the ICC Constitution and the Indonesian Chamber of Commerce and Industry, maintains its role as representative of the Republic of Indonesia to the ICC and membership coordinator for Indonesian business companies and practitioners.

ICC Indonesia is very concerned about the readiness of human resources to handle export transactions in a timely manner. In its role, ICC Indonesia continues to provide business training and special seminars on International Trade materials to its members as well as releasing books and publications. In line with the shared aspiration to develop the next generation of entrepreneurs.