It’s a wrap! The I-SEA Impact Business Days, the culmination event of the first I-SEA (Instellar & IKEA Social Entrepreneur Accelerator) programme, was held on 7-8 June 2023 at the Pullman Thamrin Hotel, Jakarta. Let’s take a peek at some of the highlights of this exciting event.
We were delighted that more than 200 participants from diverse backgrounds ranging from investors, corporates, social enterprises and ecosystem enablers joined the I-SEA Impact Business Days. Over the two-day event, participants engaged in a series of activities such as panel discussions, exhibitions, pitching sessions, and networking to collaborate with potential corporate partners, investors and venture capitals.
Media Brunch
The event started with a media brunch where the journalists heard inspiring stories and had the opportunity to ask IKEA Social Entrepreneurship, Instellar, IKEA Indonesia, and social enterprise leaders about their experience with the I-SEA programme.
Welcome Address from Ministry of Cooperatives and SME
The event opened with welcoming remarks from Muhammad Firdaus, S.E., M.M, Deputy Assistant for Micro Business Protection and Facilitation, the Ministry of Cooperatives and SME. He noted that Micro, Small, and Medium Enterprises (MSMEs) are the backbone of the national economy, with the sector contributing 61.9% to the Gross Domestic Product (GDP) and absorbing 97% of the workforce. However, their success does not solely hinge on innovation or compliance, but also on overcoming hurdles in challenges in domestic marketing and access to financing – challenges addressed by business accelerator programmes like I-SEA.
Social Enterprise Pitching
The 10 social enterprises in the programme – I-SEA Changemakers – gave presentations to corporate audiences with the aim to catalyse potential collaborations and integrations with the corporate value chain.The pitches were an opportunity to showcase the social enterprise’s mission, impact goals, and business model, highlight its unique value proposition, and demonstrate how it creates positive social or environmental impact while generating sustainable revenue.
Learn more about their businesses in this insightful video series.
Products & Solutions Showcase
During the two day event, the 10 Changemakers had a chance to display their products and solutions in an exhibition. The exhibition booths were an engaging space for the Changemakers to showcase and share stories about their business and products to the audiences.
Insightful Panel Discussions
There are also a range of exciting and insightful panel discussions that explored topics around social entrepreneurship from the perspective of corporates, investors, and the social enterprises, such as “How Corporate and Social Enterprise Collaboration Create Value for People, Planet, and Profit”, “The Future of Impact Investing: Trends and Predictions for Social Enterprises and Impact Investors”, and “Shaping A Sustainable Business with More Women-led Enterprises for A Better Future”.
Video Recap I-SEA Impact Business Days
Over the last 18 months, the I-SEA program has supported 10 innovative social enterprises from across Indonesia. The ten social enterprise Changemakers are Alner, Duitin, Greenie, Kulaku, Liberty Society, Plépah, QYOS, Rumah Mocaf, Sustaination, and Westbike Messenger. This program had brought opportunities for the social enterprises to scale up their business and open collaboration between each social enterprise and also with corporations.
IKEA Social Entrepreneurship, IKEA Indonesia and Instellar will continue their joint commitment to support Indonesian social enterprises. Get ready for the next I-SEA programme and stay tuned for more information!