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Through Business Matchmaking Solution, AIS Forum Brought Blue Sector Start-Ups and Innovations to Potential Investors

Jakarta, 26 June 2023 – As part of its commitment to accelerating the growth of blue sector in Indonesia, the Archipelagic and Island States (AIS) Forum organized an event where start-ups and innovators in this sector can meet with the potential investors. The event was called “Matchmaking Sustainable Solutions: Bringing Investors and Bluepreneurs Together,” and was part of AIS Blue Innovative Solutions, an accelerator program developed by the Forum to boost entrepreneurial growth and provide opportunities for innovators from blue sector to seek and secure funding from potential investors in the blue economy sector in Indonesia.

As the largest archipelagic country in the world, Indonesia’s blue economy sector has a great potential, most notably on the industries ranging from fisheries, renewable energy, tourism, water transportation, waste management, to climate change mitigation. As per the data from the Indonesian Chamber of Commerce (KADIN), this sector could directly impact on the advancement of economic values and livelihoods, especially towards the coastal communities and the opportunities in various marine-related industries.

Attended by officials from various ministries, state-agencies, State-Owned Enterprises (BUMN), investors/financial institutions, business incubators/accelerators, and wide range of startups in Indonesia, the event was directed to be the pool for blue innovators to meet potential investors and maximize cooperation in promoting sustainable development and economic growth, more specifically in the blue economy.

The Coordinating Minister for Maritime Affairs and Investment, Luhut Binsar Pandjaitan, also attended the event. In his remarks, he emphasized several things related to how inter-agency cooperation can enhance blue economic growth and maximize the potential within it.

“This event shared an important role for us, blue sector players to create opportunities and contribute directly to creating prosperity and better livelihoods for coastal communities. I appeal to the corporate leaders, philanthropists, startups, ministries/agencies, to be actively involved building strategic cooperation opportunities at the regional and global levels through the AIS Forum,” he said.

Commitment of Cooperation from Three Entities

The event kicked off with a commitment of cooperation delivered by several entities that have been and will continue working with the AIs Forum in the advancement of the blue economy sector in Indonesia and other AIS countries. During the session, two entities took turns address their statements of commitment to cooperate with the AIS Forum. Among them were Lazada Indonesia, the Indonesian Agency for International Development Fund (Indonesia AID), and one startup Azura Indonesia, that conveyed AIS Forum’s support for startups in the blue sector.

This representatives from each entities were Ferry Kusnowo, Executive Director of Lazada Indonesia, Tormarbulang Lumbantobing, Director of Indonesian AID, and Nadea Nabila, Founder & CEO of Azura Indonesia. This session was held to encourage commitment to the growth of the blue sector in Indonesia through concrete actions.

Kusnowo in his pledge underlined the collaborative actions between Lazada Indonesia and the AIS forum that have been, are, and will continue to run as a form of Lazada Indonesia’s commitment to environmental safety, more specifically the marine environment and its surroundings. Meanwhile Tormarbulang Lumbantobing from Indonesian AID expressed his openness to project funding opportunities in the blue sector through the AIS Forum collaboration, and that Indonesian AID will fully provide support for efforts to advance the blue economy sector in island and archipelago countries.

Acknowledging the spirit of this collaboration, Nadea Nabila gave testimony on how the collaboration with AIS Forum has helped Azura Indonesia to accelerate the concrete actions that have been carried out, one of which is by opening opportunities in the Pacific region. One of them is Fiji, where Azura Indonesia had the opportunity to introduce their innovation, MantaOne to the local community on Bau Island while simultaneously providing training on how to navigate this environmentally friendly and economical electric boat engine.

Ten Blue Innovation Start-Ups Introduced Their Works in Pitching Sessions

Topping the Business Matchmaking event was a pitching session from ten start-ups, where their works and innovations were in line with four focus areas of the AIS Forum, namely Mitigation and Adaptation, Climate Change, Blue Economy, Marine Plastic Waste Management, and Good Maritime Governance.

A total of ten (10) innovators attended and presented their innovations and work. They were Alner, Azura Indonesia, ARHEA, MonMang, Container, Cycles, Get Plastic, Banoo, Waterhub, and Bioniqa. Sequentially, they presented their startups in front of investors and other stakeholders, in hoping that there will be further arrangement should there be any interested investors to fund their projects.

Through this Business Matchmaking Solutions, the AIS Forum through the AIS Blue Hub has been proactively encouraging startups to continue to develop their creations and innovations and helped to connect these developers with potential funders. At the same time, the AIS Forum provided space for investors and other stakeholders who wish to support the growth of the blue sector in Indonesia. This will then increase multi-stakeholder exposure and was expected to be a catalyst for increasing the quality and potential resources of business and the economy in the blue sector in Indonesia. More importantly, by matchmaking startups with potential investors, the government sector, the private sector, philanthropy, and business ecosystem incubators, it can open up great opportunities for collaboration and connection among blue sector entrepreneurs.

Archipelagic and Island States (AIS) Forum was established with the aim of creating concrete collaboration and development in island and island nations spread across the Atlantic, Indian, and Pacific oceans. This forum has been an open platform for addressing global issues since 2018 and will continue to expand concrete action in its country members globally (*).

Media Contact:
Thomas Benmetan, Head of Marketing and Communication, AIS Forum Secretariat (thomas.benmetan@undp.org)

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After a sideline discussion at the Ocean Conference 2017 in New York City and a follow-up Conference on the Archipelagic and Island States Forum in Jakarta in 2017, a common understanding among AIS participating countries was born. The Archipelagic and Island States Forum was then formally established through the adoption of the Manado Joint Declaration during the first Ministerial Meeting of the participating countries on 1 November 2018.

The Archipelagic and Island States (AIS) Forum is a platform designed to include island states and archipelagic countries regardless of their region, size, and development level. A global initiative that brings together 51 archipelagic and island nations to take part in a collective forum addressing challenges of ocean resource usage for sustainable economic growth, climate change resiliency, ocean pollution, emergency management, and the enhancement of sustainable fisheries.

 

The Archipelagic and Island States (AIS) Forum stands as a visionary platform, purposefully crafted to encompass the participation of 51 diverse archipelagic and island nations from across the globe. Its overarching mission is to facilitate a collective forum aimed at addressing the pressing issue of sustainable development. Within this forum, these nations come together to forge international partnerships and foster cooperation in their shared commitment to sustainable development. By uniting their efforts and expertise, the AIS Forum plays a pivotal role in harnessing the collective power of these island states to tackle the environmental, economic, and social challenges they face while striving to build a more sustainable and interconnected world.
Five years after the establishment of the AIS Forum, leaders from AIS countries have agreed to strengthen commitment for collaboration among nations. On 11th October 2023 in Bali, Indonesia, at the First High Level Meeting of the AIS Foru,, 32 AIS countries agreed to adopt the Leaders’ Declaration on the Solidarity of the Archipelagic and Island States. The adoption of this declaration marked a significant step for the AIS Forum to further elevate its position in the global scheme. The Declaration focuses on four collaborative areas, which are:

Our Team offers an insightful glimpse into the exceptional individuals who comprise the driving force behind the Archipelagic and Island States (AIS) Forum. These dedicated professionals work cohesively to realize our mission and objectives. The AIS Forum, as a platform, is thoughtfully designed to incorporate the active participation of 51 archipelagic and island states from various corners of the world, uniting them within a collective forum to address the critical concerns of sustainable development.

The AIS Forum’s role is to facilitate close cooperation between archipelagic and island states in its four working areas. The forum has fostered connections and collaborative projects through its partnerships with private enterprises, government authorities, universities, NGOs, media and global or regional organisations. This approach aims to create a network of experts, researchers and policymakers who can provide insight and support to the AIS programme.

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