Antler @antlerglobal, a global early-stage #venturecapital, has committed to investing in 100 Indonesian #startups within the next 4 years. This plan will roll out beginning in 2022. To be eligible, startups may apply to be a part of their program, which funds companies with “high potential.” They will assess the startup’s team, business idea, and product & market fit before deciding.
While over 50,000 applications have been sent to Antler, only the top 3-5 percent of startups across all sectors are accepted. Each startup will receive $70,000 in cash, and $30,000 in Antler services, totaling up to $100,000 each. There are two cohorts of accepted applicants each year and 10-15 startups in each cohort or about 20-30 startups per year.
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While over 50,000 applications have been sent to Antler, only the top 3-5 percent of startups across all sectors are accepted. Each startup will receive $70,000 in cash, and $30,000 in Antler services, totaling up to $100,000 each. There are two cohorts of accepted applicants each year and 10-15 startups in each cohort or about 20-30 startups per year.
Access @dealstreetasia.sg article via our Twitter post.
#InvestIndonesiaNOW
View on Instagram