Resources

Commercialization of SME Industry

In regard of supporting SMEs through the strengthening of the market and accessibility to finance, Indonesia established the Marketing Services Agency (LLP‐KUKM) and the Revolving Fund Agency (LPDB KUMKM). LLP‐KUKM aims to strengthen the promotion and marketing of products existing SMEs across Indonesia, by providing provincial pavilions, market information, consulting, training, etc. LPDB‐KUMKM is to ease SMEs' access to finance, through the provision of easiness interest include flexible loans.

Promoting Innovative Economy through APEC Co-Incubation Initiative

Promoting Innovative Economy through APEC Co-Incubation Initiative
2014/SMEWG39/018
Agenda Item: 11.3.2
ndonesia stated that business incubators were key tools for fostering private sector development through systematizing the process of assisting new technology-based business start-ups. As growing economies require continuous innovation, it was imperative to look for suitable opportunities overseas to be incubated in-house for common benefit. For that purpose, Indonesia proposed this initiative in order to further economic growth by fostering private sector development through the building of a common platform for entrepreneurship and an award/innovation competition for co-incubation.