STARFINDO and Arrow Electronics collaborate to assist Indonesian tech startups
To support tech startups in Indonesia’s ecosystem, Arrow Electronics, a global provider of technology solutions, and Asosiasi Startup for Industry Indonesia (STARFINDO) have signed a memorandum of understanding (MoU).
Through this partnership, startups will have access to state-of-the-art electronics technologies and critical engineering know-how, enabling them to spearhead advancements in electric vehicle (EvTech) and artificial intelligence of things (AIoT), according to a statement released by Arrow Electronics on Tuesday.
In 2023, a study found that Indonesia had the second-best startup ecosystem in Southeast Asia.
Support from the industry and other sectors is essential to the tech startup ecosystem’s long-term growth.
STARFINDO is dedicated to supporting Indonesian tech startups as they expand.
STARFINDO provides startups with access to funding sources, technology ecosystem support, and domestic and international product marketing opportunities through partnerships with government agencies, institutions, and the private sector.
“Our collaboration with Arrow, a global provider of technology solutions focusing on engineering and distribution support and supply chain services, is a significant addition to our network of industry-leading partners,
“This strategic collaboration will help us establish a more robust I&T (Information & Technology) ecosystem, fostering deeper engagement among local tech community, public, and private sectors, accelerating growth within Indonesia and beyond,” said Lukas Dedy Setiyawan, Chairman of Asosiasi Startup for Industry Indonesia.
The goal of Arrow and STARFINDO is to give startups the information they need to speed up their innovation process.
A recent AIoT and EvTech seminar in Jakarta, Indonesia, where Arrow partnered with a number of global technology suppliers, including Diodes, Inolux, Onsemi, Silicon Labs, STMicroelectronics, and Yageo Group, served as an example of this dedication. The most recent market trends were presented by engineering specialists from Arrow and these technology providers during the seminar.
Through live demonstrations, they also presented new AIoT, EvTech, and battery products and technologies, giving over 90 attendees a firsthand look at how these technologies are used in practical situations.
“By leveraging our global network of resources, industry insights, and in-market presence, we serve as a trusted technology partner,
“We guide and assist aspiring startups and entrepreneurs in transforming their creative ideas into impactful innovations more efficiently and cost-effectively,” said Dr. Raphael Salmi, president of Arrow Electronics’ South Asia, Korea & Japan components business.
Arrow Electronics is a US-based company that sources and develops technology solutions for service providers and manufacturers.
With $33 billion in global sales in 2023, the company’s portfolio makes technology possible in important markets and industries.
Under the direction of the Republic of Indonesia’s Ministry of Industry, STARFINDO is an Association of Startups for Industry Indonesia.
Alumni of the Ministry of Industry’s startup4industry program, which has been in place since 2018, founded the association.
The goal of STARFINDO is to support successful Indonesian startups that can enhance the well-being of the country’s citizens.
