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Crowdfunding for
Digital Creative Industry
Ir. Lolly Amalia Abdullah, M.Sc
Director for Cooperation and Facilitation
Directorate General for Creative Economy Based on Media, Design and Technology
Ministry of Tourism and Creative Economy
Outline
Indonesia’s Opportunities in Digital Era
Digital Creativepreneur Characteristics
Crowdfunding Examples in Indonesia (esp. digital creative)
Indonesia’s Opportunities
in Digital Era
Indonesia’s Opportunities
in Digital Era
Demography
Mobile User
& Internet
Penetration
Massive
Digital
Contents
Needed
Potential of
Demographic IndonesiaAge
People
Demographic Indonesia:
From approximately 240 million people in Indonesia, more than 60% of the population under 39 years old
which are potential and productive human resources to create innovation and creativity.
MaleFemale
http://redwing-asia.com/market-data/market-data-telecoms/
Potential of Indonesia’s Mobile User
What Happens in One Minute
on the Internet?
Source: Shanghai Web Designer http://www.syncreload.com/2011/09/what-happens-in-1-minute-on-internet.html
297million
Indonesia’s User Mobile in
2013
source: Redwing Asia
74.6million
Indonesia’s Internet User
Source: Marketeers Magazine Research in 2013
4Social Network Rank
for Indonesia
Digital Era Challenges
FUNDAMENTAL SHIFTING
Network infrastructures:
Supporting facilities, network devices,
cables, Operating System, interfaces.
Network application:
VPN-ing or clouding or virtualization
Network & Services management
Telepon
set
PC
laptop
User’s
LAN
TV
set
User’s terminal
User’s
Server
Network
Centric
Content &
Application
Servers
Telco
app
ITE
app
internet
content
broadcast
app
Content & Application developer/producer
Game
Server
Client-Server
Centric
Shifting from:
• Telephone to internet
• Revenue from Network to
revenue from Client (CPE)
and/or from Server-side
(content & applications).
• TECHNOLOGY
• BUSINESS MODEL
• REVENUE SOURCE
Shifting…!!
Local developers >> Local content with uniqueness >>
Unique & Competitive
Content, specific based on
customer needs
Apps Challenges
Education
Game
Animation
HealthTourism
Transportation
Social Media
Messaging
Service Apps
Banking
Etc…
Digital Creativepreneur
Characteristics
Digital Creativepreneur Characteristics
Start Up
Growing
Mature
•Fresh graduate
•Business Experience
0-1 year
• Business Experience
1-3 year
• Owning work warrant
• Owning Limited liability
company/ PT
•Business Experience
more than 3 years
•Owning work warrant
•Owning Limited
liability company/ PT
•Omzet more than
Rp 1 Billion/year
• High added value of
products and services.
• SME’s scale
• Having knowledges and
experiences for doing
business
• Have been establish and
need added fund to expand
the business
• Lack of owning collateral
• Able to access funds from
the Bank
• High added value of
products and services.
•SME’s scale
• Lack of knowledge and
experience for doing
business
• Limited seed capital and
lack of owning collateral
•High Risk (especially for
start ups)
•Need funding access
solution
HIGH RISK >
The only
sources are
ideas and
creativities
Digital
Creative
Product is
intangible
Limited Funding
Access to the
Bank due to
Collateral Issue
Digital Creative
Product is very
Progressive >
Time To Market
is an issue
Intellectual
Property (IP) as
Fundamental
Assets to Digital
Creative
Companies
Digital Creativepreneur Characteristics
How is the solution?
By accessing the funds through non bank institutions:
Bootstrapping, Friends&Family, Angel Investors, Venture Capitals,
Cooperative, Crowdfunding, LPDB, etc
Solution?
Crowdfunding Examples for
Creative Sector
Crowdfunding Example in Indonesia
http://wujudkan.com
Indonesian Creative Digitalpreneur
who utilize International Crowdfunding
From target $25,000 USD
Indonesian Creative Digitalpreneur
who utilize International Crowdfunding
From target $30,000 USD
Crowdfunding is one of
the solution to help the
digital creativepreneurs
to realize their Intellectual
Property

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Crowdfunding in Indonesia - Ministry of Tourism and Creative Economy

  • 1. Crowdfunding for Digital Creative Industry Ir. Lolly Amalia Abdullah, M.Sc Director for Cooperation and Facilitation Directorate General for Creative Economy Based on Media, Design and Technology Ministry of Tourism and Creative Economy
  • 2. Outline Indonesia’s Opportunities in Digital Era Digital Creativepreneur Characteristics Crowdfunding Examples in Indonesia (esp. digital creative)
  • 4. Indonesia’s Opportunities in Digital Era Demography Mobile User & Internet Penetration Massive Digital Contents Needed
  • 5. Potential of Demographic IndonesiaAge People Demographic Indonesia: From approximately 240 million people in Indonesia, more than 60% of the population under 39 years old which are potential and productive human resources to create innovation and creativity. MaleFemale
  • 7. What Happens in One Minute on the Internet? Source: Shanghai Web Designer http://www.syncreload.com/2011/09/what-happens-in-1-minute-on-internet.html
  • 8. 297million Indonesia’s User Mobile in 2013 source: Redwing Asia 74.6million Indonesia’s Internet User Source: Marketeers Magazine Research in 2013 4Social Network Rank for Indonesia
  • 10. FUNDAMENTAL SHIFTING Network infrastructures: Supporting facilities, network devices, cables, Operating System, interfaces. Network application: VPN-ing or clouding or virtualization Network & Services management Telepon set PC laptop User’s LAN TV set User’s terminal User’s Server Network Centric Content & Application Servers Telco app ITE app internet content broadcast app Content & Application developer/producer Game Server Client-Server Centric Shifting from: • Telephone to internet • Revenue from Network to revenue from Client (CPE) and/or from Server-side (content & applications). • TECHNOLOGY • BUSINESS MODEL • REVENUE SOURCE Shifting…!!
  • 11. Local developers >> Local content with uniqueness >> Unique & Competitive Content, specific based on customer needs Apps Challenges Education Game Animation HealthTourism Transportation Social Media Messaging Service Apps Banking Etc…
  • 13. Digital Creativepreneur Characteristics Start Up Growing Mature •Fresh graduate •Business Experience 0-1 year • Business Experience 1-3 year • Owning work warrant • Owning Limited liability company/ PT •Business Experience more than 3 years •Owning work warrant •Owning Limited liability company/ PT •Omzet more than Rp 1 Billion/year • High added value of products and services. • SME’s scale • Having knowledges and experiences for doing business • Have been establish and need added fund to expand the business • Lack of owning collateral • Able to access funds from the Bank • High added value of products and services. •SME’s scale • Lack of knowledge and experience for doing business • Limited seed capital and lack of owning collateral •High Risk (especially for start ups) •Need funding access solution
  • 14. HIGH RISK > The only sources are ideas and creativities Digital Creative Product is intangible Limited Funding Access to the Bank due to Collateral Issue Digital Creative Product is very Progressive > Time To Market is an issue Intellectual Property (IP) as Fundamental Assets to Digital Creative Companies Digital Creativepreneur Characteristics How is the solution? By accessing the funds through non bank institutions: Bootstrapping, Friends&Family, Angel Investors, Venture Capitals, Cooperative, Crowdfunding, LPDB, etc Solution?
  • 16. Crowdfunding Example in Indonesia http://wujudkan.com
  • 17. Indonesian Creative Digitalpreneur who utilize International Crowdfunding From target $25,000 USD
  • 18. Indonesian Creative Digitalpreneur who utilize International Crowdfunding From target $30,000 USD
  • 19. Crowdfunding is one of the solution to help the digital creativepreneurs to realize their Intellectual Property