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computers conglomerates convince displayed domestic end february firms fund funds help hot indonesia information internet invite java laptop manage minister ministry national new notebook people plans pledge private raise rudiantara several solo spot startups store street tech technology trying unveiled using venture viaINDONESIA TO RAISE TECH FUND Editorial Image
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INDONESIA TO RAISE TECH FUND #50369398
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New notebook computers displayed at computer store in Solo, Java, Indonesia. Rudiantara, Indonesia's new minister of communications and information technology, unveiled plans in February for a $1 billion national fund for tech startups. The ministry is trying to convince several domestic conglomerates to pledge this amount by the end of the year. Afterward, it plans to invite private venture capital firms to help manage the funds.
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