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Gloucestershire Business News

University Business School wins EU funding to support business growth across Indonesia

The University of Gloucestershire Business School has secured one million euros of EU funding to develop entrepreneurial skills amongst graduates and local communities across Indonesia.

The project, funded by the Erasmus+ CBHE (Capacity Building in Higher Education) fund is entitled "Growing Indonesia - a Triangular Approach".

It will run until October 2020 and involves the creation of Growth Hubs in Indonesian universities.

With a population of over 260 million, Indonesia is Southeast Asia's largest economy and the world's fourth most populous nation. But there is a lack of entrepreneurial culture and current support for start-ups is fragmented.

This demands a more coordinated approach by educational institutions, government bodies and industry in building Indonesia's capacity, reducing reliance on foreign labour and outward economic migration.

The planned Growth Hubs will be physical spaces where academics, students, graduates, start-ups and enterprises come together to share ideas. Together with a Learning Network and online resources the Growth Hub model is an emerging initiative across the UK.

The project consortium, led by the University of Gloucestershire Business School, brings together four European and seven Indonesian universities. Partners include:

• Dublin Institute of Technology (Ireland)

• Fachhochschule des Mittelstands (Germany)

• University of Innsbruck (Austria)

• President University, Jakarta; Universitas Padjadjaran in Bandung; Universitas Negeri Semarang in Semarang; Universitas Brawijaya and STIE Malangkucecwara in Malang; Universitas Ahmad Dahlan and Universitas Islam Indonesia in Yogyakarta.

The first official meeting, hosted by President University, took place earlier this month in Jakarta and was followed by a four-day workshop led by Dublin Institute of Technology (pictured).

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