Crowdfunding, startup fever, come to Indonesia
Kickstarter clones sprout, hope for better payment technologies
Indonesia's technology sector is adopting familiar models to foster growing businesses.
The Jakarta Post reports that the Indonesia Information and Communications Awards, a program sponsored by the nation's Ministry of Communications and Information Technology, will in 2012 offer a prize to the best startup as Indonesia seeks to emulate the technology growth engines of other nations.
The awards program also aims to improve Indonesia's profile as a source of technology products, services and innovation.
The sites are, however, hoping for better online payments mechanisms, as contributing funds to projects posted on Wujudkan.com currently requires would-be-supporters to visit an automatic teller machine to transfer funds. ®