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Saturday, 05 June 2021 16:16

Indonesian Tourism Ministry Invites Tourism and Creative Economy Business Actors to Maximize the 2021 BIP Program

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Indonesian Tourism  and Creative Economy Minister, Sandiaga Uno - 

 

 

Minister of Tourism and Creative Economy / Head of the Tourism and Creative Economy Agency Sandiaga Salahuddin Uno invites tourism and creative economy business actors to maximize the 2021 Government Incentive Assistance (BIP) program which was re-launched by the Ministry of Tourism and Creative Economy with the official registration opening starting today, Friday (4 /6) until July 4, 2021.

"Today we are socializing the BIP which we believe is a policy that favors creative economy and tourism businesses, especially MSMEs that really need a touch from the government," said Minister of Tourism and Creative Economy Sandiaga Uno while attending the 2021 BIP socialization event at Lumbini Park, Borobudur Temple Complex, Magelang, Central Java, Friday (4/6/2021) afternoon.

The Minister of Tourism and Creative Economy explained that the distribution of BIP is also expected to help creative economy and tourism business actors to survive the impact of the COVID-19 pandemic, but also provide opportunities for them to become winners by increasing their business scale.

"Especially the digitalization aspect so that they not only sell their products or services online, but also create creative content to improve and transform their business," said Minister of Tourism and Creative Economy Sandiaga.

BIP is an annual program since 2017 which was previously run by the Creative Economy Agency (Bekraf) and has been distributed to tourism and creative economy business actors throughout Indonesia to provide additional working capital and/or investment in fixed assets to increase business capacity.

In 2020, the budgeted distribution of BIP is Rp. 24 billion and this year it has been increased three times to Rp. 60 billion.

Unlike last year, the 2021 BIP is divided into two categories, namely the regular BIP and the Business Safety Net BIP (BIP JPU). BIP is also not the same as the tourism grant program which is also being prepared by the government.

Regular BIP is government incentive assistance intended to increase working capital and/or investment in fixed assets in the context of increasing business capacity and/or production of tourism and creative business actors//Release - VOI

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