Blue Finance Accelerator – Instellar

Blue Finance Accelerator

A New Wave of Blue Innovation

Blue Finance Accelerator is a programme presented by United Nations Development Programme (UNDP) and Asian Development Bank (ADB), in collaboration with the Coordinating Ministry of Maritime and Investment Affairs and Instellar Indonesia.

This 6-month accelerator programme aims to provide capacity-building and support mechanisms on business and impact for startups and SMEs operating in blue sectors – sustainable fisheries, aquaculture, marine debris waste management, plastic pollution reduction, climate change mitigation or adaptation.

Introducing the selected startups and SMEs

Banoo is an aquaculture technology start-up providing end-to-end water quality and hatchery solutions to help fish farmers produce more with less costs and carbon footprint. Banoo provides automated, customizable water quality sensors (Fiskö) integrated with microbubble aerator (MycroFish) and mobile apps to monitor the pond condition remotely and give farmers access to high quality fish fry suppliers with competitive price. — Banoo

Common Seas Indonesia is a company that provides "The first circular reusable diaper, locally made, natural, and far cheaper than disposables." working to ensure that low-income riverside residents may reap the economic benefits of the affordable reusable diapers that were first made by local women and disadvantage people. Common Seas Indonesia is providing an upstream solution by educating moms about the benefits of reusable diapers, such as cutting family costs by buying single-use diapers every day, whereas reusable diapers can be used for a year and also for reducing baby rash skin, and numbers of single use diapers thrown into rivers. — Common Seas Indonesia

Companies engaged in waste processing with the 4R concept (Reduce, Reuse, Recycle and Reprocess). CONPLAS is divided into 2 forms of business, namely profit and non-profit. Profit, the form of business is the sharing of profits from the sale of products and services. The non-profit form of activity is caring for the environment through handling waste and processing it into valuable and useful products. — Conplas

Komodo Water is an early-stage start-up that focuses on alternative solutions to clean energy or the use of clean energy to provide access to clean water. They provide off-grid solar energy source systems for water technology applications such as pumps, filtration, reverse osmosis, etc. This water technology can be utilized to support the productivity of local economic potentials such as tourism, fisheries (cold-chain), aquaculture, and agriculture. — Komodo Water

Mallsampah is a circular economy tech provider. They digitize the traditional collection system in the community to increase the effectiveness of waste collection and recycling in developing countries. — MallSampah

The first B2B integrated plastic recycling industry focuses on plastic-pressed process, Rezycology utilizes integrated ERP (Enterprise Resource Planning) system with mobile application and desktop approach to ensure their internal business process. Rezycology collaborates with 3500 waste pickers, waste collectors, and waste aggregators as their supplier embedded on their system. The business process integrated by the system supported their goal to recycle 30% of un-handled plastic waste in Indonesia by 2025. — Rezycology

Sambung Asa is a project that aims to develop a sustainable blue economy by empowering coastal communities through seaweed farming in brackish water ponds open seas. — Sambung Asa

Karya Pesisir is Koperasi and facilitator based in Lombok Island. We focus on creating solutions with the spirit of cooperation work together to improve environmental conditions and improve the economy in coastal areas without eliminating the identity of the region. Through multidisciplinary research with several partners (academicians, institutions, experts, NGOs, and government), we make development plan based on preliminary studies in various aspects — Karya Pesisir

LAMOPS Craftworks' main focus is to maximize the use of Pearl Shell waste that was abundant in Lombok Island and to transform it into a high valuable artwork. Located in fisherman village in Lombok Island, LAMOPS also provides training for the villager around our workshop to became skillful artisan as one of their profession option, beside being a fisherman. — Lamops

Providing integrated end-to-end fish farming services, Mina Ceria wants to help Indonesian people who want to have a fish farming business but have limited land, time and experience so they can have a fish farming business without having to bother managing and monitoring the business all the time. 100% of the fish farming business will be managed by Mina Ceria's team using a data-driven farming system. — Mina Ceria

OGANIC is a proud local brand from the island of Lombok. Lombok is a small island that is rich, with natural beauty, various Marine Potentials and Quality Natural Plants that inspire them every day, to make OGANIC skin care for you. — Oganic

Sebumi is an end-to-end eco-travel experience provider to explore and learn the beauty and biodiversity of Indonesia’s nature, culture and sustainability. Sebumi has the vision to foster the spirit of conservation through a sustainable lifestyle through experiential learning with nature and community involvement. As the pioneer for zero-waste travel to national parks around Indonesia, Sebumi evolved to become a platform focusing on three pillars: Educate, Experience, and Adopt, with the ultimate goal of enabling a sustainable lifestyle for Indonesian. Sebumi operates with conservation and sustainability principles at their core. — Sebumi

December 2022 - January 2023 Registration period

End of January 2023 Kick-off and onboarding

February - April 2023 Training and workshops

Mei 2023 Individual consulting and Demo Day preparation

June 2023 Final engagement and post acceleration

For questions and inquiries, email us at events@instellar.id

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Instellar Indonesia

Jalan Danau Toba F3/86 Bendungan Hilir,

Jakarta 101210

hello@instellar.id

Subscribe to Our Newsletter!