Giving start-ups a fair go

Indonesian and Australian entrepreneurs will have more opportunities and support for collaborative start-ups, thanks to a joint-push by Austrade and technology companies telkom telstra and muru-D announced in May 2016.

muru-D, a start-up accelerator backed by Telstra, has previously lent its support to aquatic drones and a “ride-sharing service to space” via nano-satellites. The support for start-ups includes seed funding, coaching, mentoring and access to a network of industry professionals, from their offices in Sydney and Singapore.

The Jakarta division of Austrade, the Australian Government’s Trade and Investment promotion agency, worked with muru-D and telkom telstra in encouraging Indonesian entrepreneurs to apply for the residential incubator program in Singapore and to look to Australia for potential new partners.

In August, muru-D announced that three Indonesian teams had been selected. This represents a tremendous result for innovation collaboration between Indonesia and Australia.