Proceedings of the 5th International Public Sector Conference, IPSC 2023, October 10th-11th 2023, Bali, Indonesia

Research Article

Is there A Need for MSME Business Incubator at State Finance Polytechnic STAN?

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  • @INPROCEEDINGS{10.4108/eai.10-10-2023.2342183,
        author={Rahadi  Nugroho and Nur Farida  Liyana and Vita  Apriliasari},
        title={Is there A Need for MSME Business Incubator at State Finance Polytechnic STAN?},
        proceedings={Proceedings of the 5th International Public Sector Conference, IPSC 2023, October 10th-11th 2023, Bali, Indonesia},
        publisher={EAI},
        proceedings_a={IPSC},
        year={2023},
        month={12},
        keywords={msme incubation funding promotion},
        doi={10.4108/eai.10-10-2023.2342183}
    }
    
  • Rahadi Nugroho
    Nur Farida Liyana
    Vita Apriliasari
    Year: 2023
    Is there A Need for MSME Business Incubator at State Finance Polytechnic STAN?
    IPSC
    EAI
    DOI: 10.4108/eai.10-10-2023.2342183
Rahadi Nugroho1, Nur Farida Liyana1,*, Vita Apriliasari2
  • 1: Polytechnic of State Finance STAN
  • 2: University of Melbourne
*Contact email: nurfaridaliyana@gmail.com

Abstract

MSMEs play an important role in the Indonesian economy so that developing MSMEs with the aim that MSMEs can survive in competition is crucial. One way to develop MSMEs is through the MSME business incubator. This study aims to examine alternatives if PKN STAN wants to establish an MSME business incubator. This study uses the reduction method from focused discussions with several universities that already have MSME business incubators and comparative studies to business incubators at one of the universities. The results of the study show that the development of an incubator through the several options presented needs to pay attention to important factors, namely those related to the incubation sector, management team, supporting facilities and infrastructure, tenant recruitment, incubation process, funding, and promotion.