NextICorn Will Hold the World NExT Forum and the Indonesia NeXT Summit In 2020

The NextICorn Foundation will hold the World NExT (New Economy and Technology) Forum and the Indonesia NExT (New Economy and Technology) Summit in 2020. It will be a follow-up to achieving its mission to make Indonesia the center of the world’s new economy.

Chairperson of the Next Indonesian Unicorn (NextICorn) 2019, Daniel Tumiwa, explained that The World NExT Forum was projected to strengthen Indonesia’s position as the new economic center of the world. He said that the forum would be attended by worldwide investors.

“The forum is planned to be attended by investors and digital economic practitioners from around the world. And, it will position Indonesia as a leader in the initiation to discuss issues and topics related to the new economy,” he explained.

Not only focusing on global initiatives, but the NextICorn Foundation will also develop domestic investment potential through the Indonesia NExT Summit. This upcoming forum will also coincide with the implementation of the NextICorn International Summit 2020. It will be an introduction and education event.

Local investors from all regions in Indonesia can learn through this event, especially regarding the opportunities and benefits of the digital economy sector. As a consequence, the event can increase domestic investment that is considered still being of little interest.

NextICorn Is Trying to Build an Ideal Digital Economic Ecosystem

Daniel also said that for the past 2 years, NextICorn has been trying to build an ideal digital economic ecosystem to help the growth and development of startups in Indonesia. It did so by bridging the funding gap that occurs.

However, this time the party wants to enlarge its focus by organizing two initiatives. This way, it can support Indonesia to become the leader of the world’s digital economy. “The World NExT Forum will be a stage for Indonesia to show its potential and leadership in the digital economy sector.”

“Meanwhile, the Indonesia NExT Summit will embrace and educate domestic investors to be interested in becoming part of this dream,” he continued. At present, the condition of Indonesian companies is at the point of transformation. Many large companies are starting to consider the innovation and effectiveness of technology from startups.

Startups are emerging as new solutions in running their business. For example, Sampoerna has begun implementing technological innovations to increase the effectiveness in their supply chains through the Sampoerna Retail Community. On the other hand, startups need large companies to scale up.

Startup companies are considering connecting with corporations to have a strong and structured business plan for continuity. Thus, they can make them survive and develop to the next level. Farah Ratnadewi Indriani, Deputy for Investment Promotion at BKPM, also commented on this matter.

NextICorn Is Ready to Strengthen Startup Ecosystem in Indonesia

As a country with a strong ecosystem, Farah said, Indonesia can produce the most unicorns in Southeast Asia. She believed that soon or later the country will witness the birth of ‘The Next Big Thing’ (unicorns) in various sectors throughout Indonesia.

“However, even though it is believed to be an innovation engine, startups cannot move on their own. For this reason, BKPM together with other ministries as facilitators, enablers, and supporters are committed to supporting the strengthening of the company’s ecosystem,” Farah said.

In this case, they will strengthen the startups’ ecosystem through development and advocacy as well as facilitating access to investors and related stakeholders. Thus, she hoped that these two initiatives can further push Indonesia’s position, through Jimbaran, as the center of the world’s digital economy.

“Our dream is that at least after the third time of this new initiation, we will receive complaints from the participants because of the limited parking space at Ngurah Rai Airport to accommodate private jets of investors coming from all over the world,” Daniel concluded.