The Smart Economy Lab (SEL) is a flagship initiative of IRTI at Jakarta, Indonesia, anchored to the Regional Hub Indonesia of the IsDB Group. Using the development narrative of “smart economy” the SEL aims to contribute to a knowledge-driven economic transformation in the region. The location of SEL in Indonesia is expected to facilitate active participation of stakeholders who may contribute to the rise of digital and technology-enabled innovations fueled by public, private and alternative finance.
The SEL action plan aims to stimulate innovation, enhance efficiency in all sectors of the economy through sustainable and inclusive interventions backed by technology. Additionally, by strengthening linkages between financial and real components of the economy, it proposes to realize the benefits of a truly Islamic economy.
The SEL action plan has three major components:
More specifically, the SEL has the following specific aims:
The key deliverables of the SEL include (but are not limited to):
During the current year, programs and activities of SEL include:
If you are a researcher or professional with a keen interest in application of emerging technologies in the field of development economics and finance; or if you are a start-up or growing company in the area of fintech and/or blockchain applications in business and development sectors, we will be delighted to learn more about your projects and discuss the possibilities of mutually beneficial relationships.
Please watch out this section for announcements regarding Seminars, Workshops, Research Grants and related activities.
We welcome you to drop in for a personal discussion at our office at Islamic Development Bank Group, Regional Hub Indonesia, 35C, Office 8, Lot 28 SCBD, Jl.Jend.Sudirman Kav. 52/53 Senopati, Jakarta 12190, Indonesia. You may also like to contact Dr Mohammed Obaidullah, Project Leader, SEL at firstname.lastname@example.org or call him at +6281292557478
The Islamic Research and Training Institute (IRTI) of the Islamic Development Bank Group invites researchers, professionals and entrepreneurs engaged in product development/ projects involving application of emerging technologies (e.g. blockchain and AI) for business and economy (with an Islamic finance component in particular) to be part of its growing network.
Together with this network we are seeking to build a platform for technology-enabled solutions for the smart economy. In support of our mission, we are launching a Program of Smart Economy Grants. This Program aims at knowledge-driven economic transformation and involves an initial grant that is expected to act as a catalyst, signal new funding opportunities and empower innovation and development. This will support smart, sustainable and inclusive growth fueled by knowledge intensive activities.
You may like to learn more about the SEL initiative here.
Smart Economy Grants 2020: During 2020, a total of 08 (eight) SE grants of up to USD10,000 (US Dollars Ten Thousand) each will be provided.
Grant applications must be made in the prescribed format using this submission link. Applications must be accompanied by detailed information on your project(s). We are specifically looking for patentable ideas with significant entrepreneurial potential. Projects (proof-of-concept/ prototypes/ minimum viable product) are also welcome.
Last date of closing for submissions October 31, 2020 | Email: email@example.com
The following are the steps you must follow in order to submit your application. You are required to remain updated and conform with all additional steps and details as published on IRTI Website or as may be amended from time to time.