Indonesian angel investor network ANGIN and the United Nations Development Programme (UNDP), together with the Government of Canada and state creative industry agency BEKRAF, announced the launch of Connector.id, a desktop platform that enables Indonesian entrepreneurs to discover and connect with potential investors.
“After meeting with over 1,000 Indonesian entrepreneurs over the last two years, we have witnessed the common difficulties of Indonesian entrepreneurs in finding, understanding, and connecting with potential sources of funding … There is a need to provide a transparent, efficient and faster solution in order to support Indonesian entrepreneurs in accessing relevant capital,” according to a press statement by the institutions.
Available for free, Connector.ID provides services in both Bahasa Indonesia and English.
It compiles 14 categories of investors and funding sources, from accelerator and incubator, angel inevstors and family offices, banks, to competition and awards.
To use the platform, users begin by submitting information about their companies and its needs, discover investors and funding sources, learn about how to best engage them, inform the platform that they are ready to be connected through a simple form, and the Connector.ID team will individually connect with users.
Connector.ID also provides tips and learning material for entrepreneurs to prepare themselves to engage with potential investors.
Currently in beta version, Connector.ID plans to launch new features in July. The new features include a detailed institution profiles and more learning materials.
Recently the Malaysian startup ecosystem also saw the launch of similar portal by BEAM, called Dealflow. The platform allows users to directly submit pitches to venture capital and investment firms.