In cooperation with conglomerate-owned company Salim Group, National University of Singapore (NUS) Enterprise has announced its latest additions to Singapore-based entrepreneurial hub BLOCK71 in Yogyakarta and Bandung. The two additions are an immediate following on the establishment of BLOCK71 Jakarta in July last year.
Both BLOCK71 in Yogyakarta and Bandung look to support innovation and entrepreneurship development in their respective locations, by serving as an ecosystem builder and connector. Startups at these locations can utilise the incubation support, entrepreneurial initiatives (such as business competitions, conferences, and entrepreneurial events), and opportunities to pilot new ideas or technologies in the Indonesian market and abroad via the BLOCK71 network.
“Our expansion in Indonesia is in tandem with the growth of the local entrepreneurial scene. NUS’ three BLOCK71 locations in Indonesia will facilitate information exchange, strengthen connectivity, and promote growth between the start-up ecosystems in Singapore and Indonesia, and abroad,” said NUS President Professor Tan Eng Chye.