BCA is the latest Indonesian banks to launch its own accelerator programme

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Indonesian banking giant BCA launched coworking space and fintech startup accelerator programme Synrgy at Manhattan Square, Jakarta, as part of its effort to help support the digitalisation of Indonesia. Accelerator programme Digitaraya and Kumpul participating as supporting partners of the programme.

The launch of the programme was attended by executives from BCA, Capital Central Ventura, and Digitaraya. BCA President Director Jahja Setiaatmadja explained that his firm started the initiative as a response to ongoing trend of startups offering creative solutions to solve a problem.

“This background has encouraged us to support by launching a platform called Synrgy,” Setiaatmadja explained in a press statement on Wednesday, March 27.

Synrgy is a collaborative platform and accelerator for startup community that aims to encourage growth and innovation in the digital sector; it also serves as an innovation hub with excellent programmes to help startups grow their business faster.

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Participating startups will get access to the programmes, which included the accelerator programme run by Google Developers Launchpad-backed Digitaraya.

The accelerator programme will run for three month with an intense monthly bootcamp to support product and business development. In the first month of the programme, the startup will go through diagnostics, leaders lab, and design sprint processes.

In the second month, the startup will learn about Indonesian financial industries regulations and how to build successful partnership. The agenda will also include legal consultation and product mentorship.

The demo day will he run in the third month. The startups will have the opportunity to present its products in front of potential investors and BCA. At the end of the bootcamp period, there will be a selection of startups who will partner with BCA or other potential investors.

Synrgy will also connect startups with competent mentors (including Google) to have a one-on-one consultation, open access to investors, as well as with BCA itself.

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“By joining forces with Google Developers Launchpad, we will offer incomparable support for chosen startups,” Digitaraya VP Strategy Nicole Yap.

Registration for Synrgy accelerator programme has been opened on its official site and will be closed on May 17, 2019. For the first batch, BCA will pick eight fintech startups in the big data, digital payments, cybersecurity, blockchain, IoT, and other fintech verticals.

Prior to BCA, a number of Indonesian public and private banks have also launched similar programmes, such as Bank Mandiri, which hosted Mandiri Digital Incubator (through Mandiri Capital Indonesia), and Bank Bukopin, which hosted BNVLabs with Kibar.

The article BCA Resmikan Coworking Space dan Program Akselerator “Synrgy” Bersama Digitaraya was written in Bahasa Indonesia by Marsya Nabila for DailySocial. English translation and editing by e27.

The post BCA, Digitaraya launch coworking space, accelerator programme Synrgy appeared first on e27.