Sustainable Tourism, Startups, And Innovation: A Glimpse Into Indonesia Startup Weekend

Sustainable Tourism, Startups, And Innovation: A Glimpse Into Indonesia Startup Weekend

SUMMARY

Startup Weekend Will Launch Ventures That Support Sustainable And Purposeful Tourism

Indonesia has seen a growing penetration of the digital economy and a long-awaited boost to the entrepreneurial ecosystem with Startup Weekend, Bali being one such boost. The archipelago has emerged as a Southeast Asian powerhouse, undergoing a transformation to take a claim as an independent and radically competitive market to its western counterparts.

With rapid growth, large ticket fundings such as Go-Jek’s $1.2 Bn round in May 2017 and Tokopedia’s $147 Mn round in April 2016, the entry of tech stalwarts like Jack Ma with Lazada’s acquisition, and a tremendous increase in the number of startups and SMEs, the country is gearing itself to ramp up when it comes to startups and entrepreneurship.

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