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Press Release

Promoting Entrepreneurship Between The U.S. And Indonesia: American and Indonesian business leaders inspire local startups

June 15, 2011

The U.S. Embassy announces that a Global Entrepreneurship Delegation of 13 leading American entrepreneurs and early-stage investors will visit Indonesia July 19-24, 2011.  The Entrepreneurship Delegation will be led by Mr. Steven Koltai, the State Department’s Senior Advisor for Global Entrepreneurship, and will be hosted by the Global Entrepreneurship Program Indonesia (GEPI).

The Entrepreneurship Delegation will enhance U.S. and Indonesian efforts to promote entrepreneurship and strengthen business ties under the Comprehensive Partnership.  Improving trade and investment is one of the six pillars of the Comprehensive Partnership. U.S. Ambassador to Indonesia, Scot Marciel said, “Entrepreneurship is one of the fastest growing areas of our Comprehensive Partnership, successfully promoting stronger ties and greater people-to-people engagement to the benefit of both our economies.”

The centerpiece of the Delegation’s visit will be a “Showcase of Indonesia’s Entrepreneurs” during which 32 Indonesian start-ups will present business plans to the Delegation.  Start ups can still register their business ideas until June 19th at:  Start ups selected will make presentations to the Entrepreneurship Delegation. The Showcase finale and announcement of winners will take place in Bali on July 22.  The finale will also kick off the Indonesian-led Regional Entrepreneurship Summit (RES) hosted by the Indonesian Minister of Trade Mari Pangestu.

For information about the 13 Indonesian business leaders and entrepreneurs who created GEPI and more details on upcoming events: Further information on the Global Entrepreneurship Program Indonesia and the Regional Entrepreneurship Summit is available at

Members of the Entrepreneurship Delegation

  • Arthur Benjamin
    Arthur Benjamin
    Chairman, ATI Enterprises Inc and Vice Chairman, American Institute;
    Full biography
    (PDF 99Kb)
  • Faysal Sohail
    Faysal Sohail
    Managing Director of CMEA Capital (one of the leading Silicon Valley venture capital firms); Board Member of AirTight Networks, Applied Wave Research, Danotek Motion Technologies, EvolutionRobotics, Multigig, and Pyxis Technology; Chairman of Silicon Valley Education Foundation;
    Full biography (PDF 83Kb)
  • Jalak Jobanputra
    Jalak Jobanputra
    Early stage investor in a number of funds; Director at Omidyar Network; Principal at New Venture Partners; Advisor for Techstars, NYC SeedStart, The Indus Entrepreneurs, Echoing Green and Astia;
    Full biography (PDF 74Kb)
  • Jonathan Smith
    Jonathan Smith
    Founder and President of Wave Dispersion Technologies (ranked by Inc. Magazine as one of America’s fastest growing companies based on 1000% sales growth);
    Full biography (PDF 89Kb)
  • John May
    John May
    Founder and Chair Emeritus of the Angel Capital Association of America; Managing Partner of New Vantage Group;
    Full biography (PDF 168Kb)
  • Kevin Langley
    Kevin Langley
    Chairman Elect of Entrepreneur’s Organization; current CEO of Ellis Construction;
    Full biography (PDF 83Kb)
  • Loretta McCarthy
    Loretta McCarthy
    Managing Director of Golden Seeds; investor in early stage companies; former Executive Vice President of Oppenheimer Funds;
    Full biography
    (PDF 79Kb)
  • Lorraine Hariton
    Lorraine Hariton
    U.S. State Department Special Representative for Commercial and Business Affairs; Former President and CEO of Apptera; Former CEO of Beatnik; Chairman Emeritus of the Forum for Women Entrepreneurs and Executives;
    Full biography
    (PDF 118Kb)
  • Luda Kopeikina
    Luda Kopeikina
    Serial entrepreneur and member of Golden Seeds Angel Group; Founder and CEO of BioEnergy Planet; CEO of Celerity Solutions; Advisor to Jack Welch, Chairman of General Electric; Board Member of MIT Enterprise Forum; Author of “The Right Decision Every Time:  How to Reach Clarity on Tough Decisions;”
    Full biography
    (PDF 61Kb)
  • Naeem Zafar
    Naeem Zafar
    Faculty Member at University of California, Berkeley Haas School of Business;  President and CEO of Bitzer Mobile; CEO of Concordia Ventures; Author of “7 Steps to a Successful Startup”.
    Full biography
    (PDF 94Kb)
  • Shoba Purushothaman
    Shoba Purushothaman
    Founder of Training Ventures;
    Full biography (PDF 94Kb)
  • Steven R. Koltai
    Steven R. Koltai
    U.S. State Department Senior Advisor for Global Entrepreneurship; Former Corporate Senior Vice President for Strategy and Development at Warner Bros Inc; Founder, Chairman and Chief Executive Officer of; Co-founder of Europe's largest private television satellite company, SES/Astra.
    Full biography
    (PDF 86Kb)
  • Yao-Hui Huang
    Yao-Hui Huang
    Co-founder of New York City-based incubator The Hatchery; PhD from Rutgers College of Pharmacy;
    Full biography (PDF 62Kb)

Secretary Clinton Remarks at RES