Perum Jamkrindo made an impressive appearance at the Indonesia Business and Development (IBD) Expo, a business and development exhibition organized by State-Owned Enterprises (BUMN) as part of the annual event in Surabaya, held from October 3-6, 2018.
At the Jamkrindo booth on the 1st floor, booth C31 in the Grand City Surabaya exhibition area, a range of engaging activities were presented. These included Mini Talk Shows like ‘Scale Up Pelaku Usaha Juara’ & Fun Games, Mini Talk Show ‘Jadi Pengusaha di Usia Muda, Siapa Takut’ & Gun Games, UMKM Socialization & Fun Games, and live music performances.
Jamkrindo’s President Director, Randi Anto, shared the company's efforts to nurture young entrepreneurs, particularly those starting their own businesses (startups). Randi emphasized that the company’s mission to support the growth of quality startups goes beyond just the IBD Expo. Since the beginning of the year, Jamkrindo has been actively engaging with university students to select top talents in the field of startups.
“Jamkrindo is directly engaging with campuses to select students. We encourage the younger generation to embrace entrepreneurship. We can support them through credit guarantees,” said Randi in a press release on Thursday, October 4.
Jamkrindo’s contribution goes beyond just fostering startups; the company also offers guarantees for their funding. "What’s new is that we are collaborating with fintech companies to find the best startups," Randi added.
As the only state-owned enterprise (SOE) in the field of credit guarantee, Jamkrindo supports national economic development by providing credit guarantees for Micro, Small, and Medium Enterprises (UMKM). In 2018, Jamkrindo set a target of providing credit guarantees amounting to IDR 156 trillion.
“We have a primary function of bridging the gap for UMKM with feasible businesses but have not yet met the banking requirements, particularly in terms of collateral, so that these UMKMs can gain access to finance,” explained Randi.
Jamkrindo continues to strive for excellence by implementing strategic initiatives and is committed to expanding the credit guarantee market by forming new partnerships with both banking and non-banking institutions. The company is also conducting strategic studies to create guarantee products tailored to what banks and non-banks offer.
Coordinating Minister for Economic Affairs, Darmin Nasution, encouraged businesses to take an active role in supporting the government’s efforts to improve the welfare of the people. Darmin acknowledged the significant progress and contributions of SOEs, stating that they are now playing a vital role in Indonesia’s development. “I’ve also heard that fewer SOEs are losing money, which is a great sign,” he said during the opening of the IBD Expo.
Darmin urged SOEs and other businesses to collaborate in building the nation to avoid falling behind in competition with other countries. He highlighted two key actions for SOEs to grow: formulating investments and exports, and improving human resources (HR) quality through vocational education.
“The efforts to face global economic dynamics should involve preparing for investments and exports. In vocational education, SOEs should also be involved in conceptualizing at the ministry level,” he added.
The grand event, which featured more than 100 SOEs and national/international corporations, was officially opened by Darmin Nasution on Wednesday, October 3, 2018. On this occasion, Perum Jamkrindo’s Supervisory Board Chairman Sri Mulyanto, along with President Director Randi Anto, were present.
The Ministry of SOEs, in collaboration with the media cluster of SOEs under the National Publishing and News Corporation (NPNC), adopted the theme “Tak Henti Membangun Negeri” (Never Stop Building the Nation). This event serves as a gateway for business and development information in Indonesia, which includes not only exhibitions but also seminars, talk shows, BUMN Talks, BUMN Career Opportunities, MURI record-breaking activities, BUMN Creative Homes, Rumah Pangan Kita (Our Food House), Balai Ekonomi Desa (Village Economic Centers), the Indonesian Coffee Festival, award ceremonies, and entertainment.
During the exhibition at the Jamkrindo booth, a range of exciting activities attracted visitors to stop by and participate in activities such as the Mini Talk Show ‘Scale Up Pelaku Usaha Juara’ & Fun Games, Mini Talk Show ‘Jadi Pengusaha Di Usia Muda, Siapa Takut’ & Gun Games, UMKM Socialization & Fun Games, as well as live music performances. (Public Relations)