What does it mean by business incubation and business acceleration?
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.
What is tinc?
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.
Who can join?
Local innovators consisting of teams with capabilities to build prototype, minimum viable product (MVP) and penetration skill to market
What are the idea solutions that register to tinc?
Digital solution ideas with values to synergize with Telkomsel
How do I register to tinc?
Innovators submit their ideas to tinc.id website by registering to the web first
What are the requirements for startups for be selected?
Digital solutions with at least protoype or minimum viable products (MVP) potential for scalability and deliver significant value for customers.
Can our startup work from another city where tinc is not located?
Yes, innovators can work and implement their solutions in various cities across Indonesia.
If selected to join tinc, are we bound to Telkomsel and therefore unable to receive funding from other parties?
No, innovators can receive funding from other institutions as long as they are not Telkomsel's direct competitor/s.
What is the difference between incubation stage and acceleration stage?
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.
How long is the duration for incubation and acceleration stage?
Maximum of 6 months for incubation stage and maximum of 6 months for acceleration stage
How does the passing scheme work at every stage at tinc?
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.
If our team did not pass a certain stage, what must be returned to tinc?
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.
What are funded by tinc?
Tinc funds research needs and development for solution starting from prototyping until market acceleration.
When we submit an idea during which open batch registration is not yet open, will our idea be considered?
Yes, innovators ideas will still be considered for the next batch's open registration.
What are the benefits of joining tinc compared to other programs?
Tinc owns Telkomsel's inventory assets with values such as sales channels and large market access.
When we pass all the the stages at tinc, will our solution be owned by Telkomsel?
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.
What HAKI matters must be considered when joining tinc or when stated to have passed the program?
HAKI propotion is dependant on the contribution of each party's investment on the solution, where the number is determined during the commercialization stage.
Our team has received exclusive partnership from other companies, can we still join tinc?
Yes, as long as the insitutions/companies are not Telkomsel's direct competitiors.
What if our team decides to withdraw from tinc in the middle of the program?
Innovators who are bound to a contract with Telkomsel must finish each stage according to the agreed time span.
Can tinc registrants who did not pass the selection process utlilize tinc facilities such as innovation labs and co-working space?
Currently, tinc facilities are dedicated for innovators who are declared to have passed the selection process and therefore joined the tinc program.