Entrepreneur Development Center (EDC)

Entrepreneur Development Center or commonly known as EDC, is a forum established to develop, motivate, and encourage students to venture into entrepreneurship. This forum is expected to assist students in developing a sound and simple business model concept, as well as guiding them in applying this concept in the real world with the help and support of academics and practitioners.

VISION

• Becoming a center of study that can foster entrepreneurship among students who have global and technological entrepreneurial skills.

• Enhancing students' creativity and innovation in entrepreneurship
• Conducting education in business development
• Improving student research outcomes in the form of economic research that benefits society

EDC Trisakti School of Management (TSM) focuses on four business programs. Three programs are organized by the government, namely the Student Creativity Program – Entrepreneurship (PKM-K), Indonesian Student Start-Up Acceleration (ASMI), and Indonesian Student Entrepreneurship Activities (KBMI). One program is organized internally by TSM, namely the Revolving Fund Program (DB).

The Business Incubator (BI) is a program that serves as the foundation for developing the structured mindset needed to make quick and innovative strategic decisions in startup businesses. It provides coaching facilities for TSM student business groups to continuously improve the quality of students' entrepreneurial skills in accordance with national and international standards.

The Student Creativity Program (PKM) launched by the Ministry of Education and Culture and Higher Education (Dikti) is one of the efforts to foster, accommodate, and realize creative and innovative ideas from students. PKM has an impact on improving student achievement and university achievement in university rankings. The PKM continues to be developed and refined so that students are able to anticipate, understand, and even contribute to realizing the goals for the world set by the United Nations in the 17 Sustainable Development Goals (SDGs) for 2015-2030. The PKM is also designed to adopt digital technology, which has entered all aspects of life.

Revolving Fund (DB)

Rolling Funds (DB) is a program that serves as the foundation for developing the structured mindset needed, especially for making quick and innovative strategic decisions in a startup business. The provision of business group development facilities for Trisakti School of Management (TSM) students, to continuously improve the quality of students' skills in the field of entrepreneurship in accordance with national and international standards.

Revolving Fund Participant Requirements :

• The program is run with a regular agenda per academic year.
• Revolving funding for student business groups
• The funds provided to each team amount to up to Rp.6,000,000 (six million rupiah).
• Participants are active TSM students. Each group should consist of students from different academic years and majors.
• Participants are students with good character, such as those who have never been in trouble with the law and whose attitudes and behavior are in line with everyday norms.
• Monitoring and evaluation of the annual program is carried out by the EDC Coordinator together with the supervising lecturer.

1. Announcement of Revolving Fund Activities. Socialized to new students (through student media channels; website, flyers, Instagram, Simatris), including an explanation of TSM Revolving Funds.
2. Participant Registration (Data on registered students), with an explanation of the DB Proposal Submission accompanied by a proposal deadline. One proposal is submitted by 2 to 7 students, who may be from the same or different batches. The proposal explanation contains: (1) Systematic proposal preparation, (2) Cost structure formulation, (3) Marketing target setting (Strategic plan), Content marketing development
3. Determination of Reviewers(TSM lecturers) for each Proposal Submission D in accordance with the Proposal eligibility criteria. Eligibility criteria The proposal consists of: Funds, number of group members, batch, type of business, estimated BEP and profit, cost components, and uniqueness of the business.
4. Conducting Interviews. Each reviewer with the DB Candidate Team regarding the DB submission proposal before the DB Submission Proposal is deemed feasible.
5. Determination of proposal feasibility. Final DB Team Meeting to determine the feasibility of the DB proposal submission.
6. Proposal Announcement. Proposals for eligible and ineligible DB submissions will be announced directly by the Reviewers to each prospective DB team.
7. Determination of the timing of DB implementation. Starting from the disbursement of funds, the implementation of Entrepreneur Day (ED), monthly DB progress reports, to reports on the results of mentoring by the Supervising Lecturer. (1) Reviewers of each proposal automatically become DB Team Advisors/Mentors. (2) Entrepreneur Day (ED) Held openly for 10 days every month, at the TSM Grogol and Bekasi campuses. (3) Rent payment stand for ED at TSM campus, IDR 100,000 per day
8. DB Fund Disbursement. Disbursement is carried out by the DB Team's supervising lecturer to each DB Team in stages. The supervising lecturer submits a ‘group funding proposal’ to the coordinator, then the coordinator collects all DB funding proposals and submits a funding disbursement proposal to the Head of Department.
9. DB Implementation. Students carry out DB with responsibility, namely utilizing the funds provided by TSM and striving for gradual repayment. The mentoring process is still carried out by the Supervising Lecturer during the implementation of DB. DB is implemented for a maximum of 7 semesters. After the DB period ends, TSM remains willing to assist in the certification and standardization of products produced from TSM DB, as well as assisting in obtaining business capital assistance in order to develop their business.
10. DB Progress Reporting. Reports are submitted monthly and program accountability reports are submitted at the end of each semester, until the student's period of study is complete.

STUDENT CREATIVITY PROGRAM (PKM - K)

The Student Creativity Program – Entrepreneurship (PKM - K) launched by the Ministry of Education and Culture and Higher Education (Dikti) is one of the efforts to foster, accommodate, and realize creative and innovative ideas from students. PKM - K has an impact on improving student achievement and university achievement in university rankings. PKM - K continues to be developed and refined so that students are able to anticipate, understand, and even contribute to realizing the world's goals as outlined by the United Nations in the 17 Sustainable Development Goals (SDGs) for 2015-2030. PKM-K is also designed to adopt digital technology, which has permeated nearly every aspect of life. All TSM Business Incubator teams are expected to participate in the PKM-K Entrepreneurship program annually.

Terms and Conditions:

1. Core activity: Science and technology products as student business commodities
2. Scientific criteria: Not limited to specific fields of study
3. Education: Diploma or Bachelor's Degree
4. Members: 3-5 students
5. A student can join more than 2 teams.
6. Funding: IDR 5,000,000 to IDR 12,500,000 (The amount depends on the PKM-K-K guidelines issued by LLDIKTI, which may vary from period to period).
7. Supervising lecturer for the IB team and supervising lecturer for the PKM-K proposal

            

1. Creating a higher education institution operator account
2. Technical Guidance on PKM-K for all Business Incubator (BI) teams
3. Determination of the schedule for collecting PKM-K proposals and their input
4. Preparation of PKM-K proposals in accordance with the general characteristics of PKM-K
5. PKM-K proposals are submitted to each supervising lecturer.
6. The supervising lecturer reviews the proposal and completes the supervising lecturer's biodata, which is then collected by the PKM-K coordinator.
7. Upload/input proposals according to the schedule for PKM-K proposal acceptance by the Directorate General of Higher Education.

• INDONESIAN STUDENT BUSINESS ACTIVITIES (KBMI) & INDONESIAN STUDENT STARTUP ACCELERATION (ASMI)

 (Source: KBMI Implementation Strategy 2020, Dr. Misbah Fikrianto)

The Indonesian Student Business Activity (KBMI) and Indonesian Student Start-up Acceleration (ASMI) were launched by the Ministry of Education and Culture and Higher Education (Dikti) as an effort to foster, accommodate, and realize creative and innovative ideas from students. KBMI and ASMI have an impact on improving student achievement and university performance in university rankings. KBMI and ASMI continue to be developed and refined so that students are able to anticipate, understand, and even contribute to realizing the goals for the world set by the United Nations in the 17 Sustainable Development Goals (Sustainable Development Goals/SDGs) for 2015-2030. KBMI and ASMI are also designed to adopt digital technology, which has permeated almost all aspects of life. All TSM Revolving Fund teams are expected to participate in PKM-K, KBMI, or ASMI every year. The main difference between KBMI and ASMI and PKM-K is that the business must have been operating for at least 6 months, and there must be a digital platform that supports the business activities of the participating groups.

1. Core activity: Science and technology products as student business commodities
2. Students have a noble purpose in running a business.
3. The existing business has been operating for at least 6 months since joining the KBMI and ASMI programs.
4. Program participants must have a digital platform that supports business operations for at least 6 months from the date of participation in ASMI.
5. Academic criteria: Not limited to specific fields of study
6. Education: Diploma or Bachelor's Degree
7. Members: 3-5 students
8. A student can join more than 2 teams.
9. Funding up to IDR 25,000,000 (The amount depends on the PKM-K-K guidelines issued by LLDIKTI, which may vary from period to period).
10. Supervising lecturer for the IB team as well as supervising lecturer for the KBMI and ASMI proposals

1. Creating a higher education institution operator account
2. Technical Guidance on KBMI & ASMI for all Business Incubator (IB) teams
3. Determination of the schedule for collecting KBMI & ASMI proposals and their input
4. Preparation of KBMI & ASMI proposals in accordance with the general characteristics standards of KBMI & ASMI
5. The KBMI & ASMI proposals were sent to each supervising lecturer.
6. The supervising lecturer reviews the proposal and completes the supervising lecturer's biodata, which is then collected by the KBMI & ASMI coordinator.
7. Upload/input proposals according to the schedule for receiving KBMI & ASMI proposals by the Directorate General of Higher Education.