The impact of ITS’s approach to entrepreneurship development is evident in its impressive track record. Currently, ITS supports 52 sustainable start-ups, with 22 receiving funding from the Lembaga Pengelola Dana Pendidikan (LPDP). These start-ups span various sectors, including automotive, technology, creative industries, maritime, and emerging medical and pharmaceutical domains.
The financial support aspect is particularly comprehensive, as demonstrated through programs like the Pertamuda Seed and Scale initiative. This program offers initial capital funding of IDR 100 million for top performers, coupled with ten months of business development monitoring and ongoing mentorship support. The impact of these initiatives is evident in the development of innovative solutions across various sectors, including Motor Gesits development, electric coffee roasters, smart drones for urban planning and mapping, and digital solutions for SME management.
ITS’s commitment to sustainable business development is reflected in its emphasis on quality over quantity in start-up development, long-term business sustainability, social and environmental impact, and community benefit focus. The comprehensive nature of ITS’ support system creates a robust foundation for entrepreneurial success by removing significant barriers to entry through free access to resources, structured support systems, and industry partnerships. This accessibility, combined with practical assistance and ongoing monitoring, creates an environment where innovative ideas can flourish and develop into sustainable businesses.