The Role of Venture Capital On Startup Business Development in Indonesia

Meita Clara Wijaya Rosa, Eko Ganis Sukoharsono, Erwin Saraswati

Abstract


This study aims to determine the criteria used by venture capital before investing in startup companies, and the role of venture capital become a supporter of startup companies in Indonesia. This research is qualitative descriptive with a case study research approach. The research location is venture capital located in the city of Jakarta, using interview to collecting data. The results of this study indicate that the criteria used by venture capital before carrying out the investment process are, seeing team members, the products to be offered, marketing strategies and exit strategies. The role of venture capital as a supporter of startup companies in Indonesia, which is to help startup funding access, help startup companies grow, support networking activities and mentoring, and help expand market access for startup products.


Keywords


: venture capital, investment, startup companies, investment criteria, the role of venture capital

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