Business incubation is a program focused on innovation such as early stage startup with prototype or minimum viable product (mvp), whereas business acceleration is focused on testing out solution eqquipped with business model to market until acceleration towards commercialization.
Tinc is a program by Telkomsel to select digital solution innovation by local innovators at incubation and acceleration stage. Tinc accomodates innovation through collaboration to create B2B (business to business) and B2C (business to customers) solutions ready for market commercialization.
Local innovators consisting of teams with capabilities to build prototype, minimum viable product (MVP) and penetration skill to market
Digital solution ideas with values to synergize with Telkomsel
Innovators submit their ideas to tinc.id website by registering to the web first
Digital solutions with at least protoype or minimum viable products (MVP) potential for scalability and deliver significant value for customers.
Yes, innovators can work and implement their solutions in various cities across Indonesia.
No, innovators can receive funding from other institutions as long as they are not Telkomsel's direct competitor/s.
The incubation stage is comprised of prototyping test and the creation of minimum viable product (MVP) whereas the acceleration stage consists of market testing and commercialization.
Maximum of 6 months for incubation stage and maximum of 6 months for acceleration stage
Before starting each stage, innovators are accompanied by mentors and Telkomsel has agreed on the set metrics for each stage. These metrics are to be reviewed at the end of every stage based on the shared agreement between the two parties.
When innovators are stated to not pass a certain stage, innovators are only required to return Telkomsel assets which were utilized during the incubation and/or acceleration stage.
Tinc funds research needs and development for solution starting from prototyping until market acceleration.
Yes, innovators ideas will still be considered for the next batch's open registration.
Tinc owns Telkomsel's inventory assets with values such as sales channels and large market access.
Tinc is a collaboration program therefore there are two ownerships to a solution that has passed commercialization. A portion of innovator's ownership and Telkomsel's ownership.
HAKI propotion is dependant on the contribution of each party's investment on the solution, where the number is determined during the commercialization stage.
Yes, as long as the insitutions/companies are not Telkomsel's direct competitiors.
Innovators who are bound to a contract with Telkomsel must finish each stage according to the agreed time span.
Currently, tinc facilities are dedicated for innovators who are declared to have passed the selection process and therefore joined the tinc program.