To bolster and prolong UD Impact’s aim of supporting Indonesia-based early-stage startups, Angin Dampak Jaya (previously ANGIN Advisory) has signed a Memorandum of Understanding with UD Impact with the goal of managing and disbursing the fund facility through the MAJU:ON Fund.
As a global ESG and impact-focused organization, the South Korea-based UD Impact sees the opportunity to build a strong relationship with Indonesia-based enterprises and organizations, especially startups and social enterprises with solution-based products and services. This is the roots of their MAJU:ON program, where they support 130 chosen teams and 460 chosen young entrepreneurs based in Indonesia.
MAJU:ON Fund Announced at Demo Day
The MAJU:ON Demo Day, held on Thursday, 21 May 2026 at the Garuda Spark Innovation Hub, was the grand event of the whole MAJU:ON program. The event became the official platform for young founders and entrepreneurs who have undergone the intensive incubation in the platform, to prepare for the global investment market.
Moving forward, the MAJU:ON platform will continuously be developed by UD Impact as a platform for entrepreneurship education, mentoring, business collaborations, and investment connectivity. The program is projected to support the growth of Indonesian startups that’s not just commercially viable, but also aligned with sustainability and long-term economic security principles.
At the Demo Day, UD Impact and Angin Dampak Jaya announced the launch of MAJU:ON Fund, a flexible and effective fund facility to support MAJU:ON Hackathon alumni’ innovation development, maintain business continuity, and innovate their go-to-market strategy. The fund will be disbursed for MAJU:ON Hackathon finalists who have strong commitments to impact and display a concrete business model that makes sense.
Saskia Tjokro, Director of Angin Dampak Jaya, announced the launch of the fund in front of the audience, consisting of key representatives from Indonesia’s Ministry of Energy and Mineral Resources (ESDM), Ministry of Investment (BKPM), Ministry of Micro, Small, and Medium Enterprises (UMKM), Ministry of Communication and Digital Affairs (KOMDIGI), and the Embassy of the Republic of Korea in Indonesia, along with representatives from eight regional hub universities and key players in Indonesia’s impact ecosystem.
May this be the start of a stronger collaboration between South Korea and Indonesia that goes beyond interconnection, and reaches a mature, impactful entrepreneurship ecosystem!
