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Indonesia gives Rp15 million in start-up capital to 1,000 self-employed workers

From Republika · () Indonesian

Translated from Indonesian and summarized by DistantNews. Read the original for the full story.

At a glance

News Named sources New plan
  • Indonesia’s Manpower Ministry is giving 1,000 established self-employed workers Rp15 million each to develop businesses in sectors including services, food, farming, livestock, fisheries and maritime activities.
  • Minister Yassierli said recipients will receive three months of mentoring, while new self-employed workers receive Rp5 million plus training and support.
  • The program seeks to reduce unemployment by expanding entrepreneurship alongside formal-sector job creation; official data puts open unemployment at 4.65%, or 7.2 million people.

Indonesia’s Manpower Ministry is injecting Rp15 million into each of 1,000 established self-employed workers as the government seeks to expand employment through entrepreneurship.

The recipients work in goods and services, food industries, agriculture, livestock, fisheries and maritime activities. They are receiving preparatory training at the Lembang Center for Expanding Employment Opportunities in West Bandung, West Java.

For established self-employed workers, each receives Rp15 million in business capital, followed by three months of mentoring. New self-employed workers receive Rp5 million. We also provide training and mentoring.

· YassierliThe manpower minister explains the different levels of support under the program.

Manpower Minister Yassierli said each established self-employed worker would receive Rp15 million in business capital followed by three months of mentoring. New self-employed workers receive Rp5 million, along with training and mentoring.

This is one of our efforts to expand employment opportunities. In the process, there are already many success stories we have supported. Some have succeeded in employing 70 people, and many others have as well.

· YassierliHe describes the program’s reported impact on business growth and local hiring.

Yassierli described the program as part of the government’s continuing effort to expand self-generated employment. He said some participants supported through the scheme had grown their businesses to employ as many as 70 people. The ministry also connects graduates with banks to obtain additional financing.

The initiative forms part of efforts to reduce unemployment. Statistics Indonesia data cited by the minister puts the open unemployment rate at 4.65%, equivalent to 7.2 million people. He said the government is pursuing job creation in both the formal sector and entrepreneurship-based informal work.

We finish with them, and then we also connect them with banks for further business development.

· YassierliThe minister explains how the ministry helps participants obtain follow-on financing.
About this summary

Originally published by Republika in Indonesian. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.