Instellar, IKEA Social Entrepreneurship, and IKEA Indonesia teamed up in 2021 to create the Instellar & IKEA Social Entrepreneurship Indonesia Accelerator (I-SEA), a two-year programme that supports Indonesian social entrepreneurs to scale up their businesses and increase their impact.
To celebrate the mid-way point of the programme, the cohort of 10 selected social enterprises — Duitin, Greenie, Koinpack, Kulaku Indonesia, Liberty Society, Plépah, Qyos, Rumah Mocaf, Sustaination, and Westbike Messenger — gathered for a showcase event on 22-24 September 2022 in Jakarta, Indonesia.
During the three-day event, participants had the opportunity to meet with their fellow entrepreneurs in the programme and were joined by co-workers from IKEA Social Entrepreneurship, IKEA Indonesia, IKEA Purchasing and Logistic Area, and Instellar. The training and sharing sessions in this event focused primarily on expert business advice that will allow social enterprises to become more impactful and sustainable.
The I-SEA Showcase also marks the start of the Growth and Impact Hack stage of the I-SEA programme. Over the next six months, the social enterprises will join various Advanced Classes hosted by industry experts, and receive tailored mentoring sessions from both senior managers of IKEA and external mentors. Additionally, the enterprises will each receive a grant of Rp150.000.000,- (~USD 10,000) to support them in achieving their business goals.
On Thursday, September 22nd, 2022, the I-SEA cohort joined their first Advanced Class, a Business Scaling Masterclass presented by LODI Indonesia Founder and CEO Yan Hendry Jauwena. He shared the ups and downs in building and scaling LODI Indonesia, reminding the founders and leaders that they need to master the non-technical but fundamental matters of business: speed, timing, and external factors like current trends or market conditions. He shared some key insights when scaling up the business, invited the social entrepreneurs to take the time to really understand the resource management involving cost and progress it will take to scale their business.