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Online platform launched to support local food startups
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Culinary startups have until June 26 to sign up and join the FSI platform. A total of 100 startups that registered online will be selected to present their business ideas to investors. (Shutterstock/File)
The Creative Economy Agency has launched a new online platform in a bid to boost culinary and food startups across the country.
The introduction of the platform—called the 2018 FSI platform—is expected to support FoodStartup, an agency program that has focused on promoting and growing local startups since its launch in 2016.
At the platform launch, the agency signed a memorandum of understanding (MoU) with Foodlab Indonesia on the creation of the FSI online platform and an MoU with Salim group on capacity building and investment, specifically in the culinary arts.
"The GDP contribution of the culinary sub-sector to the creative economy in 2015 was at the forefront, according to a creative economy survey by the Central Statistics Agency, which showed [a contribution of] 41.69 percent," Creative Economy Agency deputy for capital access Fadjar Hutomo said in a statement.
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Culinary startups have until June 26 to sign up and join the FSI platform. A total of 100 startups that registered online will be selected to present their business ideas to investors.
The chosen startups are expected to participate in a series of events, including an expo from July 27 to 29 and a mentorship program from July 30 to 31, before the final pitches take place on Aug. 1.
To be selected, culinary businesses are required to have been in operation for one to three years, have both initial and developing funding needs, be innovative and technology-based, and have a social impact. (liz/kes)
