Insights
The Indonesia Entrepreneurial Ecosystem Report provides a strategic view of the organisations shaping inclusive and climate-aligned entrepreneurship across the country. Developed by Sweef Capital through the KINETIK Sweef Entrepreneurs Program, the report draws on survey data, desk research, and regional convenings to illuminate where support is concentrated, which communities are being reached, and where new investment or collaboration is most needed.
Key Findings
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Widespread Ecosystem Activity
The mapping covers hundreds of ecosystem actors, including incubators, accelerators, funders, academic institutions, and advisory firms operating across urban and rural areas.
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Support for the Green Economy
A significant share of ecosystem organisations focus on sectors that contribute to climate mitigation or resilience, such as sustainable agriculture, renewable energy, water, waste, and circular economy models.
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Gender-Inclusive Practice is Growing
Many actors are intentionally supporting women entrepreneurs, though few have formal strategies or systems in place to track progress.
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Expanding Regional Reach
While Java remains the primary hub, growing activity is visible in regions such as Papua, Maluku, Sulawesi, and Nusa Tenggara, often driven by local champions or donor-funded initiatives.
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Traditional Capital Structures Dominate
Despite ecosystem support focusing on early-stage businesses, many entrepreneurs still face barriers accessing flexible or culturally relevant financing.
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Momentum for Collaboration
Ecosystem stakeholders consistently expressed a strong appetite for collaboration, but cited challenges around standardisation, shared infrastructure, and inclusion of rural or underrepresented communities.
Strategic Recommendations
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Advance Gender-Inclusive Practices
Provide targeted support to ecosystem actors integrating gender into their programming, and expand the use of practical tools to track inclusion and value creation.
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Strengthen Local Ecosystems
Invest in regional entrepreneurship support organisations through multi-year capacity development, standardised training models, and peer learning across regions.
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Improve Ecosystem Data and Language
Develop common frameworks and digital infrastructure to help organisations describe and measure their impact consistently.
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Align Finance with Entrepreneur Needs
Support blended finance models, revenue-based structures, and sharia-compliant instruments that better reflect the needs of early-stage and values-driven enterprises.
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Enable Coordinated Action
Facilitate regional and sectoral partnerships that reduce duplication, share learning, and accelerate solutions to national climate and inclusion goals.
Why This Matters
Indonesia’s transition to a net-zero economy depends on the success of its entrepreneurs. Supporting women-led, climate-aligned enterprises requires an ecosystem that reflects the country’s full diversity, from its geography and culture to its capital markets. This report highlights where that ecosystem is working—and where stakeholders can come together to do more.