November 12, 2019

YIIM and INSIGHT Organize Integrated Entrepreneurship Masterclass to Foster Business Independence

The Indonesian Inspiration Building Foundation (YIIM) and PT Insight Investments Management conducted an intensive entrepreneurship class to equip vocational alumni with business management skills.

Program Information

Program Name

Integrated Entrepreneurship Masterclass and SME Business Incubation by YIIM

Date

November 7, 2019

Program Focus

SDGs

Partner Collaborators

Beneficiaries / Participants

YIIM alumni from barista, screen printing, and barber cohorts, certified business mentors, PT Insight Investments Management delegates, and YIIM staff.

Location

Jakarta Selatan, DKI Jakarta, Indonesia

Key Activities

Instruction in micro-business financial planning and COGS analysis; business model simulation; digital marketing fundamentals; peer experience sharing and case studies.

Expected Outcomes

Enhanced entrepreneurial capabilities and financial literacy for graduates, accelerated micro-business launches, and a connected alumni business network.

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Kelas Kewirausahaan Yayasan Inspirasi Indonesia Membangun tanggal 7 November 2019

Vocational technical skills must be coupled with robust financial literacy and business management acumen to enable training graduates to establish thriving, sustainable micro-enterprises.

Following its successful vocational training batches in manual screen printing, barista brewing, and barbershop styling, the Indonesian Inspiration Building Foundation (Yayasan Inspirasi Indonesia Membangun / YIIM), backed by PT Insight Investments Management, conducted an Integrated Entrepreneurship Masterclass on Thursday, 7 November 2019, in South Jakarta.

The masterclass gathered dozens of YIIM alumni across multiple vocational cohorts. Participants received practical instruction in cost-of-goods-sold (COGS) calculation, business model canvas drafting, micro-cash flow management, social media digital marketing, and customer service excellence.

Through this business incubation initiative, YIIM and Insight aim to provide continuous mentoring, foster collaborative business cooperatives among alumni, and stimulate new employment generation within the informal economy.

This initiative aligns with the United Nations Sustainable Development Goals (SDGs), notably SDG 1: No Poverty, SDG 8: Decent Work and Economic Growth, SDG 10: Reduced Inequalities, and SDG 17: Partnerships for the Goals.

Inspiration Greetings!

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