Indonesia Targets To Print 1 Million New Entrepreneurs From Educated Groups, Minister Teten: Need Planning

MenKopUKM Teten Masduki. (Photo: Doc. KemenKopUKM)

JAKARTA - The Indonesian government through the Ministry of Cooperatives and SMEs (KemenKopUKM) targets to be able to produce one million new entrepreneurs from educated circles to achieve an entrepreneurship ratio at the level of 3.95 percent.

"This time, printing new entrepreneurs, especially from young people, there must be a plan. It's like choosing good eggs to be understood, eradicated, then raised," said MenkopUKM Teten Masduki, at the Preparation for Departure (PK) 204 Education Fund Management Institutions (LPDP), in Jakarta, Friday, June 16.

Minister Teten said the government was pursuing an entrepreneurial ratio at the level of 3.95 percent, so KemenKopUKM had a lot of cooperation with campuses or universities in building business incubators.

This refers to the success of South Korea (South Korea) and Japan which have succeeded in creating many entrepreneurs from young educated university graduates. "Currently, we are continuing to improve the entrepreneurial ecosystem in Indonesia," he said.

In South Korea, for example, if a young person has a high technology-based business idea, then an assessment agency is tested and declared superior technology, the certification will be issued. "From the certification, he received capital strengthening assistance from banks without collateral," said Teten.

Therefore, the MenKopUKM will cooperate with South Korea in creating an entrepreneurial ecosystem in Indonesia. In particular, in increasing high technology capabilities. "I hope that entrepreneurs from young people will be born who evolve into high technology or hi-tech," he said.

For the MenKopUKM, if Indonesia can create an entrepreneurial ratio of up to 3.95 percent or even penetrate four percent, it will automatically improve the quality of employment in Indonesia, which is currently still dominated by micro-enterprises (96 percent).

"We have to print new entrepreneurs by design, not become entrepreneurs because the fate after they are not accommodated in the available jobs," explained Teten.

Furthermore, Teten said, currently almost all countries in the world are looking for their respective domestic advantages. Likewise, Indonesia has a variety of natural resources, ranging from various derivatives of CPO, potential in the marine sector such as processed seaweed, to downstream spices.

To make this happen, he hopes that young educated people will be able to utilize and create high technology.

"I invite scholarship recipients from LPDP to become high-tech-based entrepreneurs," he added.