Antler's Indonesian venture-building program, matching co-founders and investing in early-stage teams out of Jakarta.
- The offer:
- $85k per company
- Location:
- Jakarta, Indonesia
- Duration:
- 6 weeks
What you need to qualify
- At least two co-founders per team. Antler states that it requires all teams to have at least two co-founders, because the best startups are built by strong, complementary teams.
- Teams that are already in motion, with more than an idea.
- Attendance in person in Jakarta for the six-week residency.
- Willingness to be measured on hard metrics during the residency: a revenue signal, a usage signal, a distribution signal or a technical moat.
Eligibility
- Eligible stages
- All stages
- Countries
- Global, subject to the provider’s eligibility and approval
How to apply
- 1
Pick Jakarta on the Antler application form
Antler runs one application form for every location. On antler.co/apply choose the Asia Pacific region and Jakarta, which routes the application to the Indonesia team.
- 2
Submit the Antler application form
The form asks for first and last name, email, LinkedIn, the stage you are at, an optional company description, an optional website and an optional pitch deck of up to 10MB. Antler confirms that your application is with the Antler team and says it will be in touch by email if there is a fit.
- 3
Complete the guided AI interview
Antler Indonesia asks applicants to converse with its guided AI voice chat and, in about 30 minutes, answer tailored questions about product, traction and growth plans.
- 4
Join the six-week residency in Jakarta
Antler describes the six-week residency as an intense, transparent, two-way street, held in person in Jakarta.
- 5
Receive the investment decision at the end of six weeks
At the end of six weeks Antler makes a decision. Teams that pass the evaluation receive $85,000 for 10% equity via a standard SAFE.