PRESS RELEASE

NUS Enterprise and Salim Group extend cooperation by launching BLOCK71 Yogyakarta and BLOCK71 Bandung

Expansion of entrepreneurial hubs in Indonesia demonstrates vibrancy of local start-up communities


Singapore, 25 October 2018 – NUS Enterprise, the entrepreneurial arm of the National University of Singapore (NUS), in partnership with Salim Group, today added two new Indonesian cities to the growing BLOCK71 family. Following the successful establishment of BLOCK71 Jakarta in July 2017, both parties now embark on setting up BLOCK71 Yogyakarta and BLOCK71 Bandung with the aim of cultivating a vibrant and sustainable entrepreneurial ecosystem in Indonesia and beyond.
 
Modelled after BLOCK71 in Singapore’s thriving entrepreneurial hub, the two new BLOCK71 locations are strategically located in key Indonesian cities and are in close proximity to local universities. They will also connect with the burgeoning entrepreneurial scene in Indonesia.
 
BLOCK71 Yogyakarta, which is situated in a contemporary area across the popular Galeria Mall, was launched this morning and the ceremony was officiated by Mr Baey Yam Keng, Senior Parliamentary Secretary of Singapore’s Ministry of Transport and Ministry of Culture, Community and Youth.
 
BLOCK71 Bandung, on the other hand, is located along one of the busiest streets in the Dago area, adjacent to Institute Teknologi Bandung (ITB). It will be launched later this afternoon and the ceremony will be officiated by Mr Anil Kumar Nayar, Singapore’s Ambassador to the Republic of Indonesia.
 
“NUS is delighted to deepen our engagement with the Salim Group through the launch of two new BLOCK71 locations in Yogyakarta and Bandung. Our expansion in Indonesia is in tandem with the growth and vibrancy of the local entrepreneurial scene. Collectively, NUS’ three BLOCK71 locations in Indonesia will facilitate greater information exchange, strengthen connectivity and promote growth between the start-up ecosystems in Singapore and Indonesia. These BLOCK71 locations will open doors for start-ups from Singapore and the BLOCK71 family to grow their presence in Indonesia and facilitate access to international markets for local start-ups,” said NUS President Professor Tan Eng Chye.
 
“We are delighted to partner with NUS Enterprise yet again to expand the BLOCK71 footprint in Indonesia. We are passionate about supporting entrepreneurs as well as galvanising the local community, and we hope our initiatives will encourage more young people to develop a keen interest in the digital and technology arenas and become entrepreneurs. We would also like to bring these initiatives to other continents such as Africa and China in the near future,” said Axton Salim, Executive Director of Salim Group.
 
A boost for entrepreneurship activities in Yogyakarta and Bandung
 
Both BLOCK71 Yogyakarta and BLOCK71 Bandung will support innovation and entrepreneurship development in their respective locations, by serving as an ecosystem builder and global connector. Start-ups at these locations can benefit from incubation support, entrepreneurial initiatives (such as business competitions, conferences and entrepreneurial events) and opportunities to pilot new ideas or technologies in the Indonesian market and abroad via the BLOCK71 network.
 
Entrepreneurs based in Yogyakarta and Bandung may also access BLOCK71’s global network of resources and contacts, and other BLOCK71 facilities in Jakarta (Indonesia), Singapore, Suzhou (China) and San Francisco (the United States) to kick-start their entrepreneurial journey and gain access to international markets.
 
NUS Enterprise, in partnership with Salim Group, will organise entrepreneurship-related programmes at BLOCK71 Yogyakarta and BLOCK71 Bandung. These programmes will not only benefit the entrepreneur community in these areas, but will also provide collaboration and networking opportunities for student and entrepreneur communities from Singapore and institutes of higher learning in Indonesia such as ITB and Universitas Gadjah Mada (Yogyakarta), and offer development opportunities to support the growth of digital and technology talents.
 
BLOCK71 is an initiative by NUS Enterprise in collaborative and strategic partnership with corporates and government agencies to provide tech start-ups and entrepreneurs with opportunities for growth and synergies in new markets. The partnership in Yogyakarta and Bandung taps the synergies derived from the deep experience of NUS Enterprise, widely acknowledged as the engine behind Asia’s leading university-based entrepreneurial ecosystem, and the entrepreneurial track record of the Salim Group, whose products are well-known and present in almost every Indonesian household.
 
Preliminary operations in the two locations commenced in mid-October 2018 and the first group of start-ups will take up residence in BLOCK71 Yogyakarta and BLOCK71 Bandung in November 2018.
 
Dr Lily Chan, CEO of NUS Enterprise, added, “Start-ups from Singapore and elsewhere exploring business opportunities in Indonesia can leverage the new BLOCK71 locations to better understand the Indonesian market and expand their networks into a new tech community. Indonesian-based entrepreneurs, companies, students and investors too are welcome to find out more about Singapore and other markets through programmes, events, and activities held here.”
 
Singapore start-ups active in Indonesia

Singapore start-ups are already active in Indonesia. For instance, Wonderlabs.io, which was
founded in 2015 to build and manage software development teams, set up offices in both cities,
as well as Jakarta and Ho Chi Minh City, hiring some 350 employees in total.
“My co-founder and I decided to base Wonderlabs.io in Indonesia as we had familiarity with
the market after we based the software development team of our previous start-up in Jakarta.
There is well-trained and competent talent emerging from Indonesian universities. Our
headquarters is in Yogyakarta, where there are 16 universities with technical courses and
faculties while in Bandung, ITB acts as the MIT of Indonesia,” said Keith Tan, co-founder of
Wonderlabs.io.
 
“Wonderlabs.io is also working with BLOCK71 to offer employee contracting and payroll
management free of charge for all start-ups in the BLOCK71 ecosystem in Indonesia as our
way of contributing back to the community that had supported us. We hope that this will allow
founders to focus on creating great products for the future,” Tan added.
BLOCK71 takes its name from its birthplace - the Block 71 building within Singapore’s Ayer
Rajah industrial estate, where a disused industrial building was transformed into a renowned
landmark for innovation through championing the aggregation and growth of the local
technology start-up community.
 
For media enquiries, please contact:
Chan Yiu Lin
Greener Grass Communications (For NUS Enterprise)
Mobile: +65 9765 5897

​Jeannie Purnamasari
KLIKPR (For NUS Enterprise)
Mobile: +62 817 793 653
 
About the National University of Singapore (NUS)
The National University of Singapore (NUS) is Singapore’s flagship university, which offers a global approach to education, research and entrepreneurship, with a focus on Asian perspectives and expertise. We have 17 faculties across three campuses in Singapore, as well as 11 NUS Overseas Colleges across the world. Close to 40,000 students from 100 countries enrich our vibrant and diverse campus community. Our multidisciplinary and real-world approach to education, research and entrepreneurship enables us to work closely with industry, governments and academia to address crucial and complex issues relevant to Asia and the world. Researchers in our faculties, 29 universitylevel research institutes, research centres of excellence and corporate labs focus on themes that include energy, environmental and urban sustainability; treatment and prevention of diseases common among Asians; active ageing; advanced materials; as well as risk management and resilience of financial systems. Our latest research focus is on the use of data science, operations research and cybersecurity to support Singapore's Smart Nation initiative.
 
For more information on NUS, please visit www.nus.edu.sg.
 
About NUS Enterprise
NUS Enterprise plays a pivotal role in advancing innovation and entrepreneurship at NUS and beyond. It actively promotes entrepreneurship and cultivates global mind-sets and talents through the synergies of experiential entrepreneurial education, active industry partnerships for technology and commercialisation, holistic entrepreneurship support and catalytic entrepreneurship outreach. Its initiatives and global connections support a range of entrepreneurial journeys and foster ecosystem building in new markets. As Asia’s Thought Leader for Innovation & Enterprise, it augments and complements the University’s academic programmes and acts as a unique bridge to industry well beyond Singapore’s shores.
 
For more information, please visit www.enterprise.nus.edu.sg
 
About BLOCK71
BLOCK71 is an ecosystem builder and global connector which catalyses and aggregates the start-up community. It is an initiative by NUS Enterprise in collaborative and strategic partnerships with established corporates and government agencies, to provide opportunities for growth and synergies in new markets. Entrepreneurs in the BLOCK71 family can leverage BLOCK71’s global network of resources and contacts, the research capabilities and technologies of NUS, and the investment and business acumen of the partners, to kick-start and further their entrepreneurial journeys within the local geography and beyond.
 
For more information, please visit: www.block71.co
 
About Salim Group
Salim Group was founded in 1949 and is headquartered in Jakarta, Indonesia. Today, Salim Group is an Asian based company with global presence. Its diversified and integrated business activities span across industries such as food, agribusiness, distribution and retail, telecommunications, automobile, building materials, real estate and industrial parks, hotels and resorts, financial services, infrastructures, chemicals, eCommerce as well as resources and international trade.