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Got a Business Idea Online? Bring to East Ventures


By on Thursday, September 08, 2011


you have an idea to do business online, but have a fear of failure because no business experience? Bring just to the East Ventures.
Venture capital Company specializing in information technology based in Singapore is preparing Accelerator Program. Each company's business idea is approved, will undergo an incubation period of 100 days which has been prepared by PT EV Incubation, East Ventures business units in Indonesia.
"We specifically dedicate this accelerator program in Indonesia to spur the creativity of the potential local developers. We are targeting six new venture was completed in 100 days," said Managing Partner East Ventures Batara Eto, in Jakarta, Wednesday (7 / 9).
While Vice President of Operations Peter Widjaja East Ventures added, it look for creative ideas from local developers in the field of information technology, particularly focusing on the consumer Web and application mobile. "We believe the potential of software developers in the domestic market is also very big and wide open. But they are usually constrained limited capital and managerial knowledge. This is where we helped them, so they do not experience an error in developing their business ideas," he said.
Through venture capital, said Peter, his finance all the needs of the new company, including for salaries, equipment, guidance, and other necessary infrastructure, such as web design, and web hosting.
Currently, PT EV Incubation is preparing six new company which is the first batch of the Accelerator Program. The six new companies that are targeted to operate in early 2012.
Batara Eto revealed that the six companies currently in the process of incubation through a 100-day program. The six new companies that will strengthen the existence of East Ventures which currently operates eight similar companies in Indonesia and three others in Singapore.
According Batara, six companies were selected from 40 proposals submitted to East Ventures. The company opened the cooperation request every three months or four times a year.
The six companies that will operate the web portal and games like Promoote (site to search, compare local providers), Buzzle (site means of business promotion), Monus MinusNol Studio (shopping site), and MacaMoco (news site). As well as two companies site developer of online games and mobile games and the Red Eclipse Whappa Games Studio.

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Title Posts: Got a Business Idea Online? Bring to East Ventures
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Update on: Thursday, September 08, 2011 | Rating: 4.5
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