Kominfo partners with 10×1000 Tech for Inclusion to bring Fintech Foundation “Flex” program to Indonesia
Jakarta, Indonesia–(BUSINESS WIRE)–The Ministry of Communication and Computing (“Kominfo”) today announced its partnership with fintech training platform 10×1000 Tech for Inclusion (“10×1000”) to recruit local talent to enroll in the 10×1000 Fintech Foundation “Flex” program.
This partnership is part of Kominfo’s Digital Entrepreneurship Academy (“DEA”) program, which aims to prepare and grow talent to accelerate digital transformation in entrepreneurship and improve the digital economy, with a target of 60,000 people trained in 2022.
“The Ministry of Communication and IT appreciates the collaboration with 10×1000 to carry out training in digital entrepreneurship through the DEA program. The results of the program are expected to improve the quality of micro, small and medium enterprises (MSMEs) and promote the digital economy in Indonesia,” said Hary Budiarto, Head of Human Resources and Research Agency, Ministry of Communication and IT (Kominfo).
With the vision of nurturing 1,000 emerging talents and technology leaders every year for ten years, 10×1000 has seen a total of 1,067 learners from 66 countries and regions complete its Fintech Foundation “Flex” program and Fintech leadership program in 2021. Including more than 150 learners came from Indonesia, making the country the second highest number of learners in the world.
“We are deeply encouraged by the overwhelming responses from Indonesia last year, and excited to partner with Kominfo to further expand reach in Indonesia and make ‘Flex’ available to more entrepreneurs and local professionals to enhance their fintech mindset, knowledge and skills to better enable them to drive digital economic growth,” said Mr. Jason Pau, 10×1000 Program Manager. “Technology permeates almost every aspects of our lives, and we hope this partnership will help Indonesia close its digital skills gap while empowering and improving the lives of local communities. Together with Kominfo and other local partners, we look forward to further contributing to Indonesia’s digital development goals. »
“The Coordinating Ministry of Human Development and Culture also expresses our gratitude to Kominfo for taking the initiative to conduct such fintech training collaborations for women entrepreneurs and MSMEs (an initiative of the ministry) with 10×1000,” said said Femmy Eka Kartika Putri, Coordinating Assistant. for Quality Improvement of Children, Women and Youth, Coordinating Ministry of Human Development and Culture (Kemenko PMK). “At least 60% of MSMEs in Indonesia are run by women and contribute at least 61.07% of the country’s GDP. Along with 10×1000 Tech for Inclusion’s ‘Flex’ Fintech Foundation program, it will encourage women entrepreneurs to further improve their businesses through digital technology. The training program is expected to help women entrepreneurs and MSMEs overcome challenges such as limited access to entrepreneurship and understanding of digital technology, as well as difficulties in accessing capital.
Enrollment for the “Flex” Fintech Foundation program is now open through Kominfo’s Digital Entrepreneurship Academy website here. The first batch of training is scheduled to begin on June 6. Local fintech and banking associations will support the initiative by inviting their members to register for the program as well, including Indonesian Fintech Association (AFTECH), Indonesian Joint Funding Fintech Association (AFPI), Indonesian Sharia Fintech Association ( AFSI), Indonesian Crowdfunding Service Association (ALUDI), Indonesian Blockchain Association (ABI), Indonesian Association of Sharia Banks (ASBISINDO), Indonesian Association of Sharia Insurance (AASI), Association of National Commercial Banks (PERBANAS) and the Indonesian Electronic Commerce Association (idEA).
The partnership with Kominfo is 10×1000’s latest effort to deepen its collaborations with partners around the world. Globally, 10×1000 has partnered with the IFC, the United Nations Economic Commission for Africa, the United Nations World Food Programme, the IFC-managed SME Finance Forum, the International Financial Center of Dubai, MDEC, KPMG, and fintech associations in Hong Kong, Singapore, Malaysia, MENA, the Philippines, and Thailand to recruit learners and grow the community.
The Ministry of Communication and Information Technology is responsible for managing government affairs in the area of communication and information technology to assist the President in administering the government. Its main task and function is to formulate national policies, implementation policies and technical policies in the field of communication and information technology, including post, telecommunications, broadcasting, information technology information and communication, multimedia services and the dissemination of information. The Ministry of Communications and Information Technology is headed by a Minister of Communication and Information (Menkominfo) who since October 23, 2019 has been held by Johnny Gerard Plate.
The Digital Entrepreneurship Academy (DEA) is a program of the Ministry of Communication and Information which aims to prepare digital talents to accelerate Indonesia’s digital transformation in the field of digital entrepreneurship in order to improve the digital economy, with a target of 60,000 people trained. in 2022. The objectives of this program include the creation of new digital entrepreneurs, the development of advanced digital entrepreneurs and the development of digital entrepreneurship in inclusive villages. For more details on the program, please visit https://komin.fo/DEA.
About 10×1000 Tech for inclusion
10×1000 Tech for Inclusion is an open, global fintech training platform that empowers learners to become drivers of digital economic growth. Its mission is to train 1,000 emerging talents and technology leaders every year for the next ten years. 10×1000 is a philanthropic initiative jointly launched by the International Finance Corporation (IFC), a member of the World Bank Group, and Alipay in 2018.