FWD Insurance UN Women Indonesia and KUMPUL as ecosystem facilitator launched the InnovateHer Academy 3.0 program to provide support for women developing startups.
This development program is a response to the demands of adaptation, seeking to establish a model of women's entrepreneurship based on technology and innovation that is sustainable and has a social impact.
InnovateHer Academy 3.0 provides specific, tailored mentoring to each business's unique needs to ensure program participants grow into strong leaders. Furthermore, the program provides strategic guidance for accessing more sustainable funding, given that capital injections into women-founded startups globally only reach 2.3 percent.
"The funding for obtaining loans is 20 percent lower than for men," said KUMPUL founder and Chairperson Faye Wongso.
