Selection Criteria

New Ventures Indonesia supports profitable enterprises that advance innovative solutions to environmental challenges. We screen and select prospective New Ventures Enterprises according to several criteria, including the following:
  • Business model and profitability
  • Management team
  • Market opportunity
  • Innovation and competitive advantage
  • Growth strategy and scalability
  • Environmental and social benefits
  • Indonesian domiciled and incorporated business entity
  • Ongoing commercial activities for at least three years
  • Business sector that matches one of our intent categories
We evaluate environmental benefits based on the explicit intention expressed by the enterprise to produce positive impacts on the environment and society. We use seven "Environmental Intent Categories" to classify the types of businesses we select and promote. Each category is designed to describe the primary environmental benefit the business' products, services, or processes provide.

Registration and the Process

You can request the application form (in either English or Indonesian) directly by emailing nvi@nvindonesia.net. Please send your completed registration form to above email address. If you already have a business plan, please send it together with your application form. The NVI team will then assess your application and provide feedback on the result of your application. All assessments once communicated to applicants are final. If you pass the selection process you will:

  1. Receive professional support to develop your business plan and business case presentation for the Sustainable Enterprise Roundtable event
  2. Have the opportunity to present your business and business plan to audiences and to potential business partners at the Sustainable Enterprise Roundtable.
  3. Promote your business through the New Ventures global network
  4. Improve the image of your business with an NVI Endorsement
  5. Access to potential business partners through New Ventures global network

What about the privacy factor

All business information received by New Ventures Indonesia will be kept confidential. Anyone required to read your profile or business plan will be required to sign the Non-Disclosure Agreement.

Categories of Business We Support

New Ventures uses "intent categories" to classify the types of businesses we support and promote. Each intent category is designed to aid in describing the primary social or environmental benefit the business' products, services, or processes possess.

  1. Biodiversity Conservation: This category includes "biodiversity businesses" which are commercial enterprises that generate profits through products, services, or production processes that seek to minimize threats to biodiversity by conserving, maintaining, or improving the diversity of plants, animals, and ecosystems and their natural habitats and sharing the benefits arising out of these activities equitably.
  2. Energy and Fuel Efficiency: This category includes commercial enterprises that generate profits through products, services, or production processes that seek to minimize over-consumption of energy or fuel resources by conserving them and sharing the benefits arising out of these activities equitably.
  3. Natural Resources Conservation: This category includes commercial enterprises that generate profits through products, services, or production processes that seek to minimize over-consumption of finite raw materials by conserving natural resources and sharing the benefits arising out of these activities equitably. This category deliberately excludes energy and water resources. Because of the direct, cascade effects of their overuse on ALL other natural resources, separate categories focus on businesses that address energy and water resources.
  4. Pollution Prevention & Waste Management: This category includes commercial enterprises that generate profits through products, services, or production processes that seek to minimize air- or land-based pollution as well as actively manage solid, landfill, and hazardous waste and sharing the benefits arising out of these activities equitably. Waste management in this context refers to reducing, reusing, recycling or developing alternative technologies or materials that biodegrade or can be classified as having "raddle to cradle" design elements. Companies that focus on water effluent and treatment are included under the "Water Resources Management" category.
  5. Sustainable Energy: This category includes commercial enterprises that generate profits through products, services, or production processes that seek to reduce GHG emissions and the consumption of fossil fuels and sharing the benefits arising out of these activities equitably.
  6. Sustainable Land Use: This category includes commercial enterprises that generate profits through products, services, or production processes that ensure that consumptive and non-consumptive uses are restorative, do not impair the long-term sustainability of that use by negatively effecting the ecosystem, ecosystem services, and species on which the use depends, as well as sharing the benefits arising out of these activities equitably.
  7. Water Resources Management: This category includes commercial enterprises that generate profits through products, services, or production processes that seek to minimize over-consumption or contamination of water resources by conserving the quantity of water available or improving the quality of water available and sharing the benefits arising out of these activities equitably. The sustainable management of water resources in this context refers to water taken from or discharged to fresh and saline water bodies including but not limited to wetlands, seas, lakes, rivers, groundwater, swamps, mangroves, etc.
  8. Raw Materials: This category includes commercial enterprises that extract or harvest products from the earth as raw materials. Activities associated with the primary sector include agriculture (both subsistence and commercial), agribusiness, animal husbandry, forestry, hunting and gathering, fishing, and quarrying. Industries that package, process, aggregate, or purify the raw materials close to the primary producers are also considered part of this sector.
  9. Manufacturing: This category includes commercial enterprises that use raw materials to manufacture finished goods. All manufacturing, processing, and construction activities lie within this secondary sector. Activities associated with the secondary sector include metal working and smelting, automobile production, textile production, chemical and engineering industries, energy or water infrastructure, engineering, breweries and bottlers, and construction. Energy generation is included in this sector while energy utilities are considered services.
  10. Services: This category includes commercial enterprises that are characterized by the services that they provide to the general population and to businesses. The main characteristic of the sector is the provision of services or "intangible goods" which improve productivity, performance, potential or sustainability, rather than the tangible end products. Activities associated with the tertiary sector include retail and wholesale sales, transportation and distribution, entertainment (movies, television, radio, music, theatre, etc.), restaurants, clerical services, media, tourism, insurance, banking, healthcare, and law.
  11. Information: This category includes commercial enterprises that focus on knowledge-based activities. Like the tertiary sector, the focus of activity is on a service rather than an end product, but with an emphasis on information generation and sharing. Activities associated with the quaternary sector typically include consulting, research and development, financial planning, government, culture, libraries, scientific research, education, and information technology.