Jakarta - The US embassy in Jakarta in partnership with Asgar Muda Foundation launched the 2011 ITB (Bandung Institute of Technology) Entrepreneurship Challenge for young Indonesians.
"The US has a huge stake in Indonesia`s success and part of that means we want to do everything we can to support Indonesia, especially for the young people of Indonesia to succeed," US Ambassador to Indonesia Scot Marciel said here Thursday (27/1).
According to Marciel entrepreneurship is one of the areas that the US embassy may support by teaming up with creative Indonesians to promote the sector.
"So I am pleased that the US Embassy in Jakarta is teaming up with the Bandung Institute of Technology (ITB) and the Asgar Muda Foundation for this year`s IEC (ITB Entrepreneurship Challenge), it is really a unique sample of collaboration, we have the university, NGO and the government that are working along to promote the event," Marciel said.
The IEC would also produce an eight-episode TV reality show in one of Indonesia`s private television to promote the spirit of entrepreneurship to Indonesian young people.
By entering its sixth year, the ITB Entrepreneurship Challenge is a nation-wide business plan competition open to university students grouped into three-person teams, to promote entrepreneurship and economic development in Indonesia,
The US embassy has awarded the Asgar Muda Foundation to work together with the ITB entrepreneurship Challenge committee to produce a reality TV show of this year`s competition, which will include a series of business challenges.
Entrepreneurship is critical to a nation`s economic development, where some researchers suggest that for a country to become economically developed, at least two percent of its citizens should be entrepreneurs.
Entrepreneurship is associated with the qualities of innovation, adding values and taking risks where young people can learn the values through education.
The IEC committee believed that Indonesia needed comprehensive entrepreneurship education integrated into the national education system.
"The US has a huge stake in Indonesia`s success and part of that means we want to do everything we can to support Indonesia, especially for the young people of Indonesia to succeed," US Ambassador to Indonesia Scot Marciel said here Thursday (27/1).
According to Marciel entrepreneurship is one of the areas that the US embassy may support by teaming up with creative Indonesians to promote the sector.
"So I am pleased that the US Embassy in Jakarta is teaming up with the Bandung Institute of Technology (ITB) and the Asgar Muda Foundation for this year`s IEC (ITB Entrepreneurship Challenge), it is really a unique sample of collaboration, we have the university, NGO and the government that are working along to promote the event," Marciel said.
The IEC would also produce an eight-episode TV reality show in one of Indonesia`s private television to promote the spirit of entrepreneurship to Indonesian young people.
By entering its sixth year, the ITB Entrepreneurship Challenge is a nation-wide business plan competition open to university students grouped into three-person teams, to promote entrepreneurship and economic development in Indonesia,
The US embassy has awarded the Asgar Muda Foundation to work together with the ITB entrepreneurship Challenge committee to produce a reality TV show of this year`s competition, which will include a series of business challenges.
Entrepreneurship is critical to a nation`s economic development, where some researchers suggest that for a country to become economically developed, at least two percent of its citizens should be entrepreneurs.
Entrepreneurship is associated with the qualities of innovation, adding values and taking risks where young people can learn the values through education.
The IEC committee believed that Indonesia needed comprehensive entrepreneurship education integrated into the national education system.
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