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Kemenkop UKM and Paramatex Helping Local Fashionpreneurs Go Global
Who isn’t familiar with the buzz and creativity of the fashion industry? Trends never seem to fade away, and what’s even more interesting, it’s not just about style but also about the economy. According to BPS, the fashion subsector contributes around 18% of the total GDP in the creative sector, and its impact keeps growing, reaching up to 75% of the national GDP in 2020. Wow, that’s truly remarkable, isn’t it?
Recognizing the importance of the fashion industry, the Ministry of Cooperatives and SMEs (Kemenkop UKM) is lending its support. They see the huge potential among fashion players, or what we usually call fashionpreneurs, in Indonesia. It’s not just about how much production value there is, but also about how far this industry can move forward. Kemenkop UKM is committed to supporting entrepreneurs in this sector.
One form of support from Kemenkop UKM is through the Entrepreneur Hub event. This event aims to develop the Indonesian fashion product market and ensure its sustainability. This year, the focus is on expanding market reach and ensuring that Indonesian fashion can compete globally. One significant moment of this program is the Kick Off Entrepreneur Hub: Fashionpreneur Bali 2024, with the cool theme, “Bring Indonesia Fashion to the World”. This event serves as the kick-off for other exciting activities.
During the event, collaborations among relevant parties are strongly felt. Paramatex, along with Kemenkop UKM, TBF Consultant, Paramatex consumers, and over 70 fashion business owners, hosted the Entrepreneur Hub event in Bali. They all share one big vision: to advance the local fashion industry sustainably.
The Kick Off event is not just about the opening ceremony. At the Entrepreneur Hub, there’s a unique networking activity called Speed Dating, where participants have the chance to meet potential partners who can support their fashion business directly. Additionally, there’s a Business Matching program, offering participants the opportunity to receive guidance and mentoring from fashion industry experts. This provides a valuable platform for fashionpreneurs to expand their networks and enhance their business skills. Exciting, right?
What’s interesting is that the event was attended by key figures in the fashion industry, such as Mrs. Siti Azizah from Kemenkop UKM, Wisnu Sakti from Podomoro University, Noninta Respati from Purana & Fuguku, Sally Giovanny from The Keranjang, Chris Rianto from Paramatex, Trias Puspita from Sirclo, and M Iskandar from Vauza Tamma Group. They all shared valuable insights with event participants about financing, markets, consultants, designers, branding, raw materials, development, and even logistics.
Paramatex, as a key player in this industry, plays a crucial role. They’re known for providing quality and sustainable raw materials to fashion players, especially SMEs, so they can compete globally. Chris Rianto, CEO of Paramatex, hopes that with strong support and collaboration, the Indonesian fashion industry can continue to grow and shine on the international stage.
It’s not just about profit alone for Paramatex; they also emphasize the importance of business sustainability, not only environmentally but also socially and economically. This is evident from the talk show material “Guide to be Sustainable Fashion”, which discusses trends in recent years, both locally and globally, especially in the swimwear and daily wear segments. This reflects Paramatex’s commitment to advancing an environmentally-friendly fashion industry and following market trends that increasingly value sustainability.
With the Entrepreneur Hub program from Kemenkop UKM, it’s hoped that the Indonesian fashion industry can continue to move forward and become a major player in the global market. So, for those of you involved in the fashion world, don’t miss the opportunity to keep growing and stay updated on industry news. Let’s keep an eye on @paramatex on Instagram for further event updates! Who knows, you might find new inspiration there to achieve success in the fashion world!