Inspirational Young Papua Distributes Business Capital for Papuan Millennials with PT Freeport Indonesia

30 Papuan millennial entrepreneurs received capital assistance from PT. Freeport Indonesia. Symbolically, the provision of capital was given by PTFI VP Community Relations Engel Enoch during the Gala Dinner at the Swiss-Bell Hotel, Friday 20 May 2022. These young business people are the best participants in the Link & Match activity held in 2021 by PT. Freeport Indonesia together with the Inspirational Young Papua movement and the Kitong Bisa Foundation. To support the entrepreneurial ecosystem and encourage young entrepreneurs in Papua to advance their business, PT. Freeport Indonesia spent Rp. 612 million which was used from the start of the activity in 2021. Starting from training and mentoring facilities for 250 participants, as well as business capital given to the 30 best participants who had passed the selection.

PT. Freeport Indonesia has continuously provided guidance to Papuan entrepreneurs through MSME development programs, including fostering 196 Papuan entrepreneurs and providing revolving funds of up to Rp. 63.8 billion since 2014.
 
“PTFI's support for the development of Papua's human resource capacity is part of the company's commitment to contribute to the achievement of the Sustainable Development Goals (SDGs). We believe that our role together with other parties will contribute to
improving the welfare and independence of the Papuan people," said Engel Enoch.

According to the Deputy Director of Inspirational Papua for the Papua Region, Neil Leonardo Aiwoy, PT. Freeport Indonesia as one of the oldest multinational companies in Papua has taken the right steps in strengthening human resources and creating an entrepreneurial ecosystem in Papua.
It is hoped that this activity will serve as an example for other companies to accelerate the development of Papua and West Papua.
 
“Freeport has taken the right steps through this link & match activity. I hope this can be used as an example for multinational companies in Papua who carry out activities like this, especially in strengthening human resources,” said Neil.

These young business people who come from various regions in the provinces of Papua and West Papua have different and varied types of business. For example, the Sago Kelapa Bakar business owned by Tobias Keije, a young man from Merauke. He expressed his joy when he passed to the stage of receiving this venture capital assistance.

“This fund will be very useful for my business, namely roasted coconut sago to be more advanced and developed. I also want to open a new business. Having my own business, not only helps my economy personally, but I can also open up job opportunities for other people. Thank you Freeport, Inspirational Young Papua and Kitong Bisa. Hopefully there will be more activities like this to help,” said Tobias.
 
The Inspirational Young Papua Movement (PMI) itself is active in encouraging MSMEs that are run by young local businessmen by conducting training, coaching and mentoring. This is done by Inspirational Young Papua to support the acceleration of development in Papua and Papua
West. In line with Neil, the Inspirational Young Papuan MSME Program Manager Elia Musa Rawar appreciated the activities of PT. Freeport Indonesia, which has sponsored Link & Match activities. This is of course in accordance with the vision of Inspirational Young Papua in the welfare of the Land of Papua, one of which is collaborating with various elements. One of them is working with private institutions.
 
“Through the Link & Match activity, 250 young people have been equipped with knowledge that they can use in advancing their business. And of course the 30 recipients of capital will be greatly helped by their efforts with the funds provided by PT. Freeport Indonesia. I wish there were more children
Papuan youth who want to be brave and confident to have their own business,” said Elmus.

To note, Link & Match is an activity to provide business capital to young Papuan local businesses held in 2021 by PT. Freeport Indonesia together with Inspirational Young Papua and the Kitong Bisa Foundation. Of the 250 participants who took part in this activity, these 30 people had the best Follow-Up Plans (RTL) ranging from Ideation, Prototyping, Product Launching, Business Launching, Business Growth/Next Level Funding.

SOURCE : http://infokabinet.id/2022/05/21/papua-muda-inspiratif-salurkan-modal-usaha-untuk-millennial-papua-bersama-pt-freeport-indonesia/