Global Synergy in BSD City: InnoLab Accelerates Technology Validation and Market Expansion in Indonesia
Living Lab Ventures (LLV), the corporate venture capital arm of Sinar Mas Land, is actively opening opportunities for global technology companies to test and commercialise their innovations in Indonesia through the InnoLab co-innovation platform.
The platform enables global companies to explore technology implementation and develop proof-of-concept (PoC) projects within an integrated ecosystem. Nitto Denko Asia Technical Centre is one global technology company currently utilising InnoLab.
This collaboration demonstrates how companies can explore technology implementation and develop PoCs within an integrated Indonesian ecosystem.
InnoLab is designed not merely as a collaborative forum, but as an execution platform that provides a clear pathway from technology exploration to market readiness.
Through InnoLab, global companies can access a curated ecosystem of startups and industry partners, as well as conduct business matching tailored to their strategic and operational requirements.
The platform also allows companies to develop PoCs at city scale, enabling various technology solutions to be tested in genuine usage contexts.
Additionally, companies can measure market readiness before pursuing broader expansion, whilst receiving direct implementation support within the Sinar Mas Land ecosystem.
This approach provides a more structured pathway for global companies to validate their technologies whilst accelerating the commercialisation process in the Indonesian market.
“We see many global companies with highly mature technology that need the right platform to conduct localisation and market validation. InnoLab provides a structured framework that enables this process to move quickly, measurably, and based on industry requirements. We are opening opportunities for companies from various countries that wish to test and develop their technology in Indonesia,” explained Bayu Seto, Partner at Living Lab Ventures, in a written statement on Tuesday (17 March).
Meanwhile, Ryota Masuda, President at Nitto Denko Asia Technical Centre, commented: “Through InnoLab, we have received strong support in terms of networking, business development, and ecosystem building, and we are already seeing tangible progress from various PoC initiatives. With a large population and openness to new ideas, Indonesia offers a compelling environment for creating new businesses whilst accelerating their implementation. We also greatly appreciate the digital transformation efforts undertaken by Sinar Mas Land, and we hope that collaboration with InnoLab can further accelerate the validation and commercialisation process in the Indonesian market.”
InnoLab’s principal advantage lies in its integration with BSD City, a mega township developed by Sinar Mas Land spanning 6,000 hectares with a population exceeding 500,000 people.
It encompasses diverse technology categories relevant to industrial and urban solution development, including advanced materials and construction solutions, smart infrastructure and building systems, environmental and sustainability technology, industrial applications, and urban technology solutions.
On the same occasion, Mulyawan Gani, CEO of Digital Business Sinar Mas Land, added: “We have developed BSD City as a living laboratory that enables innovation to be tested at real scale. With an integrated ecosystem comprising residential, commercial, educational, and industrial zones, we can facilitate various PoC schemes directly. We invite global companies that wish to make Indonesia a strategic market to leverage InnoLab and BSD City as a platform for technology validation and commercialisation.”
LLV is opening opportunities for technology companies from various sectors and countries to utilise InnoLab as a platform for testing and developing technology in Indonesia.
Through this ecosystem, companies can test solutions in a local market context, accelerate the technology validation process, develop partnerships with local startups, and build long-term commercialisation pipelines.
With an open approach and industry-needs basis, InnoLab has become a strategic platform for global companies seeking to transition from the innovation stage to real implementation in the Indonesian market.