Indonesia’s startup ecosystem is seeing significant growth in 2024, with an increasing number of young entrepreneurs driving economic progress. One of the highlights this year is the addition of nine new Endeavor Entrepreneurs, bringing the total number of these high-potential business leaders to 104, representing 78 companies.

Endeavor Entrepreneurs are carefully selected founders who have shown exceptional growth potential and are committed to not only expanding their businesses but also inspiring other entrepreneurs within the ecosystem.

Endeavor Indonesia’s support plays a crucial role in the success of these startups. Through its global network, which includes 3,000 mentors across 43 countries, Endeavor provides invaluable access to strategic insights. This mentorship aids in optimizing business models, improving product development, and preparing for international market expansion.

The ecosystem also fosters a spirit of collaboration and “paying it forward,” where entrepreneurs share their knowledge and experiences to inspire others.

Winston Utomo, CEO and Co-Founder of IDN, is one of the recent entrepreneurs to join the prestigious Endeavor network. He was selected during the International Selection Panel (ISP) in Miami, which marks the growing international recognition of Indonesia’s entrepreneurs.

His selection highlights the increasing global exposure and success of Indonesian business leaders, with other notable entrepreneurs such as Harshet Lunani of Qoala and Edward Tirtanata of Kopi Kenangan also part of the Endeavor network.

This year’s progress is not just about individual success. The broader impact of these entrepreneurs is clear, with their businesses contributing significantly to both economic growth and innovation. The growth of Endeavor Indonesia solidifies the country’s position as a leader in fostering entrepreneurial talent that is making waves globally.

Becoming an Endeavor Entrepreneur involves a rigorous selection process, starting with an initial screening by Endeavor Indonesia. Entrepreneurs are then evaluated in a series of one-on-one sessions with mentors, followed by a thorough assessment by local panels.

Only those who receive unanimous approval from a global panel can officially join the network. This strict selection process ensures that only the most promising and impactful entrepreneurs are part of this prestigious group.

INETDETIK