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  • Penn Students Reflect on Meeting Ideas 4 Action Winners

    Penn Students Reflect on Meeting Ideas 4 Action Winners

    On 18 Feburary 2020, students in Ideas for Action and Dr. Djordjia Petkoski’s LGST401 and LGST230 classes met with winners of the Ideas for Action competition from Indonesia, sponsored by the Tanoto Foundation, an independent family philanthropy organisation founded by Sukanto Tanoto and Tinah Bingei Tanoto in 1981, during a lunch at Jon M. Huntsman Hall. Below are some takeaways of students from the conversations.

    “It was rewarding getting to meet Steven and Krisna from eLarvae in person after working with them remotely over the last few months. One of our initial suggestions to eLarvae’s proposal was to elaborate upon on their financials/business model in order to further satisfy the feasibility criteria of the competition guidelines – so during our meeting, we were able to discuss how they could go about valuing eLarvae’s two lines of business (including inputs they can begin to measure, revenue projection equations, market sizing techniques, etc.) We were really excited about the outcome of the lunch and look forward to seeing eLarvae’s future progress.” -Yani Li (W’22)

    “I truly enjoyed getting to know all the members of the Tanoto foundation that came to lunch on Tuesday. I participated in brainstorming a business plan for one group that aims to help women in Indonesia who are suffering from abuse. It was interesting to learn how they were incorporating a phone application to connect women virtually with counselors.” -Lucy Xu (ENG’23 W’23)

    “Meeting with members of the Tanoto Foundation opened my eyes to local challenges women are facing in Indonesia. I enjoyed talking to our guests about how the resources and opportunities we have at Penn can help their startups succeed and target a larger audience to create more impact.” -Beste Balki (W’20)

    Article originally posted in Ideas for Action website, link here.

    Ko Zin Thet

  • Tanoto Foundation and UNICEF Launch Indonesia’s First Childhood Development Measurement Tool

    Tanoto Foundation and UNICEF Launch Indonesia’s First Childhood Development Measurement Tool

    Tanoto Foundation, an independent family philanthropy organisation founded by Sukanto Tanoto and Tinah Bingei Tanoto in 1981, grants Rp. 2.8 billion to UNICEF for the measurement and monitoring of young children’s physical, social, emotional and cognitive development in Indonesia.

    Jakarta, 4 March 2020: The Government of Indonesia is committed to early childhood development and to achieve  Sustainable Development Goal (SDG) 4.2, namely:‘By 2030, all girls and boys have access to quality early childhood development, care and pre-primary education so that they are ready for primary education’.

    In their support of efforts to achieve this goal, the Tanoto Foundation has granted Rp. 2.8 billion to UNICEF to adapt a global  tool, specifically for the needs of Indonesian children, to measure and monitor young children’s physical, social, emotional and cognitive development. As an independent philanthropy organization focusing on education,the  Tanoto Foundation believes that this initiative will complement the government’s efforts in providing data on early childhood development to monitor the achievement of the SDGs.

    With this grant, UNICEF will develop the adapted version of Early Childhood Development Instrument (ECDI) and Caregiver Reported Early Development Index (CREDI) measurement instruments for Indonesia.  These tools will provide population-based data on the development status of children aged 0-3 and 3-5 years. UNICEF will test and validate the results of the adapted version which can then be utilized by the country’s Central Statistical Bureau (BPS) for the 2020 National Economic and Social Survey (SUSENAS).

    “Intervention on young children is the key to develop Indonesian human resources and it has become one of our focus areas. Measurement and monitoring are important as we work with evidence-based principle. I am looking forward to the partnership with UNICEF to develop this measurement method that can then become a contribution to the nation,”

    J Satrijo Tanudjojo, Global CEO of the Tanoto Foundation.

    Echoing these sentiments, Debora Comini, UNICEF Indonesia Representative notes that

    Debora Comini, UNICEF Indonesia Representative

    “Investing in children to help them reach their full potential is critical, but to give every child the best start in life, we need to have the right data. That is why the Tanoto Foundation and UNICEF are joining forces to develop this important tool that will help us measure and monitor early childhood development in Indonesia. Partnerships like this are essential as we work together to achieve the Sustainable Development Goals.”

    Ko Zin Thet

  • 150 Students Inaugurated as TELADAN 2020 Participants

    150 Students Inaugurated as TELADAN 2020 Participants

    One hundred and fifty participants of Tanoto Foundation’s TELADAN 2020 program were officially inaugurated as Tanoto Scholars at a recent event that took place at Bandung Institute of Technology (ITB) on February 6.

    The TELADAN (Teaching Leadership, Advancing the Nation) Program participants were selected out of close to 10,000 applicants, after successfully passing through three stages of selection, including competency and personality assessments as well as interviews.

    Tanoto Scholars each receive 100 per cent tuition support and a monthly allowance from the time they are confirmed as a Scholar until their final semester. In addition, they are also provided with the opportunity to be part of a structured leadership development program including a global study abroad experience, extensive career development guidance and leadership development.

    Satrijo Tanudjojo, Global CEO of Tanoto Foundation, stressed that the TELADAN Program showcases the Foundation’s harmonious partnership with universities to jointly provide leadership solutions and equip students with the skills needed by the job market.

    Tanoto Foundation, an independent family philanthropy organisation founded by Sukanto Tanoto and Tinah Bingei Tanoto in 1981, currently partners nine universities to run the TELADAN Program.

    The TELADAN Program aims to instill integrity, compassion, innovation, grit, motivation, global thinking as well as an entrepreneurial spirit in its participants, he said.

    “Technology is growing very fast and impacting all aspects of life, including the job market. A McKinsey study in 2019 reveals that 23 million jobs in Indonesia will disappear in the next 10 years, because of advanced information technology or artificial intelligence.

    “However, the same study also reveals that 27 to 46 million jobs will be created as a result of advancements in technology. With our TELADAN program, Tanoto Foundation, together with our partner universities, wants to prepare young people to be ready to enter the workforce and become role models in society,” Satrijo Tanudjojo said.

    The TELADAN Program was launched on September 6, 2018, as a continuation of the scholarship and leadership program that Tanoto Foundation started in 2006. It is designed to equip Indonesia’s future leaders with the various characteristics, values and skills required to contribute positively to the environment in which they live and work.

    The program is also in line with the Indonesian government’s 2020-2024 National Medium-Term Development Plan (RPJMN) which aims to strengthen productivity and education as a pillar of human resource development.

    To date, Tanoto Foundation’s scholarship and leadership programs have benefitted 7,650 students throughout Indonesia.

    Ko Zin Thet