Arrow Electronics teams up with Asosiasi Startup for Industry Indonesia

Through this collaboration, Arrow Electronics will provide startups with access to cutting-edge electronics technologies and vital engineering expertise.

Arrow Electronics is collaborating with Asosiasi Startup for Industry Indonesia (STARFINDO) to boost tech startup in Indonesia’s ecosystem. The global technology solutions provider, with global 2023 sales of US$33 billion, is aiming to provide Indonesian’s startups access to cutting-edge electronics technologies.

As the world’s fourth most popular country in the world, Indonesia’s startup ecosystem continues to grow exponentially. Ranked second in the Southeast Asian region, startups in Indonesia continue to play a key role in contributing to the country’s GDP as well.

Unlike SMEs, tech startups in the country require industry-wide and cross-sector support to be successful as well as grow sustainably. By collaborating with government bodies, institutions, and the private sector, STARFINDO offers startups access to funding sources, technology ecosystem support, and opportunities to market their products both domestically and internationally.

Through this collaboration, Arrow Electronics will provide startups with access to cutting-edge electronics technologies and vital engineering expertise, empowering them to drive innovations in AIoT and electric vehicle technology (EV Tech). Arrow Electronics sources and engineers' technology solutions for thousands of leading manufacturers and service providers with a portfolio that focuses on enabling technology across major industries and markets.

According to Dr. Raphael Salmi, president of Arrow Electronics’ South Asia, Korea & Japan components business, by leveraging its global network of resources, industry insights, and in-market presence, Arrow Electronics will serve as a trusted technology partner.

“We guide and assist aspiring startups and entrepreneurs in transforming their creative ideas into impactful innovations more efficiently and cost-effectively," said Dr Salmi.

Meanwhile, Lukas Dedy Setiyawan, chairman of Asosiasi Startup for Industry Indonesia stated the collaboration with Arrow Electronics is a significant addition to its network of industry-leading partners.

“This strategic collaboration will help us establish a more robust IT ecosystem, fostering deeper engagement among local tech community, public, and private sectors, accelerating growth within Indonesia and beyond,” said Setiyawan.

Both Arrow and STARFINDO intend to provide substantial support to startups with the knowledge needed to accelerate their innovation journey. This commitment was exemplified by a recent AIoT and EvTech seminar held in Jakarta, Indonesia, where Arrow joined forces with several international technology suppliers. The supplies include Diodes, Inolux, onsemi, Silicon Labs, STMicroelectronics, and Yageo Group.

Apart from sharing the latest market trends, engineering experts from Arrow and these technology suppliers also showcased new AIoT, EvTech, and battery technologies and products through live demonstrations, allowing over attendees to see firsthand how these technologies are applied to real-world scenarios.

An Association of Startups for Industry Indonesia under the supervision of the Ministry of Industry of Indonesia, STARFINDO was initiated by alumni of the startup4industry program that has been held by the Ministry of Industry since 2018. The organization aims to nurture thriving startups in Indonesia that can contribute to improving the welfare of the Indonesian people.