Accelerating cleantech innovation and entrepreneurship in start-ups and SMEs in Indonesia Support low-carbon economic growth by promoting clean technology innovations and entrepreneurship through a Cleantech innovation platform and accelerator programme Note: Disbursement data provided is cumulative and covers disbursement made by the project Agency. 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The project will act as a catalyst for increased innovations in clean energy technologies, as well as more Cleantech enterprises being established, in particular the SMEs, thus creating more jobs and generating more income at the local and national levels. The clean technologies deployed will contribute to the reduction of GHG emissions and waste, and to the improvement of resource efficiency, resulting in environmental improvements, and reducing health risks, in particular for women and children. The project can also improve energy access for people living in rural areas. For instance, the lives of local communities, especially for women and children in remote areas, could also be improved if the annual competitions focus on the promotion of clean innovation technologies in rural areas, including renewable technologies such as solar energy, biomass-based energy, and micro and mini hydropower.  280. The project is expected to result in more cleantech start-ups and SMEs being identified and supported, thus acting as a catalyst for entrepreneurship development and cleantech investment in Indonesia. The GCIP Indonesia, as a dedicated national platform for promoting and supporting cleantech innovation, will result in an enhancement of human capital, thereby leading to job creation and poverty reduction as well as to an increased women participation in the entire value chain of technology development. New job opportunities in the country will in turn contribute to stemming the current brain drain. Local development and production of cleantech will very likely result in lower costs benefiting both the technology developers and end-users. Finally, the increased use of cleantech innovations supported by the GCIP Indonesia will also result in GHG emission reductions  281. The GCIP Indonesia will highlight the need for a stronger support at the national level for cleantech innovations and start-ups/SMEs. In particular, it will provide added value by bridging the gap between cleantech innovators and investors, thereby paving the way for the creation of new businesses opportunities resulting in a value added for the domestic economy. At the same time, through engaging all relevant stakeholders in the national CIEE, and encouraging their cooperation, as well as through linking different CIEEs across countries, the GCIP Indonesia will provide opportunities for international business scale-up and exchange of knowledge.  282. It is expected that special attention will be given to address gender issues as described above; therefore, the project will contribute to the promotion of women entrepreneurial development and job creation for women in Indonesia.283. In summary, the project yields the following socioeconomic benefits as a result of supporting and introducing new cleaner technologies into the market, strengthening national institutional capabilities, enhancing the availability of financial instruments, and encouraging inclusivity in the entrepreneurial and job markets. Specifically these interventions lead to:1)   Enhancement of human capitalEntrepreneurial, environmental and technological skills development and awareness raising have the effect of a larger number of cleantech products being commercialized and entering the market. Better decisions are made by entrepreneurs regarding the sustainability and life cycle approach to the products and businesses.2)   Local product development and production with job creation, generating more incomeFostering new local technologies lowers costs benefiting both the technology developer and end-user and encourages consumers to buy more efficient products and have a great benefit from this technological change.3)   An enriched innovation ecosystemThe high quality institutions attract the build confidence in local and foreign investors as well as the small business community in an economy due to low volume of transactions costs that result in the advancement of environment friendly technologies.4)   Improved energy access for people living in rural areasInvesting in energy access, electrification and renewables are well known to contribute to the decarbonization of the economy. Also the move away from traditional cooking and heating methods reduces health risks.5)   Promotion of women and youth entrepreneurial development and job creationThe promotion of gender and youth inclusion and mainstreaming in a country tends to be productive, innovative and creative for problem solution so it is an advantage to obtain environmental targets. Mainstreaming diversity will encourage the cooperation and cohesion of people in advocating for environmentally beneficial practices and products.