{
    "success": true,
    "data": {
        "id": 2050575,
        "msgid": "ministry-seeks-wider-funding-access-for-game-developers-1792669815",
        "date": "2026-10-22 18:02:42",
        "title": "Ministry seeks wider funding access for game developers",
        "author": "",
        "source": "ANTARA_EN",
        "tags": "",
        "topic": "Business",
        "summary": "The Creative Economy Ministry is promoting intellectual property as collateral for bank loans and helping developers and lenders understand the mechanism, while coordinating with other ministries on funding support. The Culture Ministry\u2019s Dana Indonesia Raya programme offers grants of up to Rp200 million to independent developers and Rp1.5 billion to institutions or companies, as the government seeks to address the games industry\u2019s financing needs through policy and programmes.",
        "content": "<p>Speaking at the \u201cTencent White Paper Launch\u201d at the World Conference\non Creative Economy (WCCE) 2026 here on Thursday, the ministry\u2019s Games\nDirector Luat Sihombing said the government is stepping up promotion of\nusing intellectual property (IP) as collateral to obtain bank loans.<\/p>\n<p>\u201cIn terms of funding, the Indonesian government has set regulations\non how IP can become collateral so it can obtain loans from banks,\u201d he\nsaid.<\/p>\n<p>He added that the ministry continues to encourage and share knowledge\non how to optimize this mechanism as one funding option for IP\ncompanies.<\/p>\n<p>Sihombing said game developers and financing providers need a better\nunderstanding of the terms and mechanisms of IP-collateral-based\nfunding.<\/p>\n<p>\u201cBetween lenders and users there are still many adjustments to make.\nThey need to understand each other\u2019s risks, the benefits that can be\nobtained, and technically how long the loan repayment period will be,\u201d\nhe said.<\/p>\n<p>Besides promoting IP as collateral for accessing funding, the\nministry collaborates with other ministries to provide funding\nsupport.<\/p>\n<p>\u201cFor example, there is the Culture Fund, which is also provided for\nthe gaming industry. Several developers in Indonesia have already\nmanaged to obtain this fund,\u201d Sihombing said.<\/p>\n<p>According to information on the Culture Ministry\u2019s official website,\nthe Dana Indonesia Raya funding program can provide Rp200 million for\nindependent or individual developers and Rp1.5 billion for institutions\nor companies.<\/p>\n<p>The Creative Economy Ministry also records the needs and obstacles\nfaced by game development businesses so it can provide solutions through\ngovernment policies and programs.<\/p>\n<p>\u201cWe are trying to list what the industry\u2019s needs and problems are at\nthe moment, and then we provide solutions through various ministry\npolicies and programs,\u201d Sihombing said.<\/p>\n<p>Related news: Indonesia eyes video game exports to drive digital\neconomic growth<\/p>\n<p>Related news: Ministry promotes esports talent development through\nASIED<\/p>\n<p>Related news: Gov\u2019t preparing policies to support national game\nindustry<\/p>\n<p>Translator: Livia, Kenzu<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/ministry-seeks-wider-funding-access-for-game-developers-1792669815",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}