Promoting Collaboration for Impactful Innovation: State-Owned Enterprises Foundation Attends Zenith Reveal

Jakarta, July 10, 2025 – The State-Owned Enterprises Foundation (BUMN) attended Zenith Reveal, a startup pitching and networking session hosted by Mandiri Capital Indonesia in Jakarta. This attendance is part of the BUMN Foundation's commitment to expanding its network, learning firsthand about concrete collaboration practices between startups and large institutions, and opening up new synergy opportunities for social innovation and impactful entrepreneurship.

This event was the culmination of the Zenith Startup Accelerator program, which brings together selected startups with the broader ecosystem to unlock the potential for new collaborations. On this occasion, five startups presented their innovations and collaboration results with Bank Mandiri; ranging from digital health solutions for monitoring child growth and development, loyalty and rewards platforms, smart ticketing services, AI chatbot-based conversational commerce, to a wellness platform that facilitates access to fitness classes and instructors. Interestingly, although most have long been active in the digital sector, the opportunity to partner directly with Bank Mandiri was only realized through this program, including through integration into the Livin' by Mandiri application and synergy with the Bank Mandiri ecosystem.

Following the pitching session, the event continued with networking and matchmaking, providing a space for participants and potential partners to engage in direct discussions and explore further collaborations. For the BUMN Foundation, participating in Zenith Reveal is not just about being a guest, but rather an active step to connect directly with innovators, understand how collaborative ecosystems can foster more impactful solutions for society, and strengthen its role as a catalyst for social innovation.

Through this experience, the BUMN Foundation has further emphasized that innovation doesn't just stem from a good idea; it requires cross-sector collaboration, mutually supportive networks, and an inclusive ecosystem to truly develop into real solutions that bring broad benefits.

As a concrete manifestation of this commitment, the BUMN Foundation is currently opening a program The Best Minds of the Nation x ElevAIte to gather innovative AI-based ideas that will have an impact on Indonesia. Registration is open until July 20, 2025, 11:59 PM WIB. More details and how to register can be seen at yayasanbumn.org.