Badung, Bali (ANTARA) - The Ministry of Communication and Informatics brought together 80 start-ups and dozens of foreign investors through the HUB.ID Summit X Nexticorn 2023 held on September 15-16, 2023, in Nusa Dua, Badung, Bali."In today's activity, we are involving 80 digital start-ups and invited 80 global venture capital (firms). We are also involving more than 16 start-up sectors and 10 venture capital countries," the ministry's Director of Digital Economy, I Nyoman Adhiarna, stated here on Friday. The HUB.ID Summit is initiated by the ministry's Directorate General of Informatics Application as a business meeting forum between digital start-ups, local and global venture capital companies, industries, ministries and institutions, state-owned enterprises (SOEs), and business partners. ccording to Adhiarna, the development of Indonesia's start-ups in recent years has encouraged the government to support start-ups to compete in the global market, including by creating an adequate business climate and supporting regulations. "This (the event) was born to build cooperation and collaborative synergy with various stakeholders. Thus, this year, we are collaborating with Nexticorn," he stated.
Source: Antara News Agency