13 Sep, 2019E27.CO
The United Nations Development Programme in Indonesia announced that it has teamed up with the Silicon Valley venture capital seed fund and accelerator 500 Startups to launch ImpactAim Indonesia. The move seeks to boost the development of social entrepreneurship and startups in Indonesia, which is considered to be a growing economic hub in Southeast Asia.
ImpactAim Indonesia will conduct a nationwide selection process to recruit between 8 to 10 startups. The requirements for startups to be selected include having raised seed capital or more, serving customers, and serving the UN Sustainable Development Goals.
The accelerator is said to focus on providing guidance on impact measurement, tailored business, and impact acceleration assistance. The startups then will be showcased to prospective impact investors from around the world....