Research Article
Analysis of Non-Profit Business Incubator Models: Budget Wastage or Initial Step of Progress? (Case Study of Mentoring Business Incubator for Province Government Level in Indonesia)
@INPROCEEDINGS{10.4108/eai.21-10-2019.2294404, author={Mirsa Octavia Wardayani and Hardi Warsono}, title={Analysis of Non-Profit Business Incubator Models: Budget Wastage or Initial Step of Progress? (Case Study of Mentoring Business Incubator for Province Government Level in Indonesia)}, proceedings={Proceedings of the 4th International Conference on Indonesian Social and Political Enquiries, ICISPE 2019, 21-22 October 2019, Semarang, Central Java, Indonesia}, publisher={EAI}, proceedings_a={ICISPE}, year={2020}, month={4}, keywords={non-profit business incubation budget benefit service}, doi={10.4108/eai.21-10-2019.2294404} }- Mirsa Octavia Wardayani
Hardi Warsono
Year: 2020
Analysis of Non-Profit Business Incubator Models: Budget Wastage or Initial Step of Progress? (Case Study of Mentoring Business Incubator for Province Government Level in Indonesia)
ICISPE
EAI
DOI: 10.4108/eai.21-10-2019.2294404
Abstract
The failure of business usually occurs during the first year of the business. Responding to this concern, the incubator business model is present and growing among the community. The regulation on Business Incubators in Indonesia already exists in 2015. At the same time, several central and local government have released Non-Profit Business Incubator that self-managed. The Non-Profit Business Incubator, which managed by local government usually get a double funding source, that is APBN (State Budget) and APBD (Local Budget). The number of budgets that have been managed by Non-Profit Business Incubator Local Government in each year reach around Rp 2.000.000.000 (two billion rupiah). This can be seen from the success rate of it reaches only 30-40% with indicator of success is about the business continuity after the incubation period. Nevertheless, rate of tenant satisfaction with the incubation services in Non-Profit Business Incubator reaches 80-90%.