Terms and Conditions

  1. Startup Companies applying for MRTJ Accel must at least have a product prototype or Minimum Valuable Product (MVP).
  2. Selected company that passed the first round of curation will be invited to do a pitch for the business model around July 21 – 23, 2020.
  3. The participating startups of MRTJ Accel program will be announced on July 30st, 2020.
  4. The participating Startups will be invited to attend the general meet up session on August 7th, 2020.
  5. The participating Startups are expected to attend the one-on-one regular meeting (face-to-face or video call meeting) with MRT Jakarta, on the minimum twice a week.
  6. During the integration process, the participating Startups must attend the Monthly KPI Review that will be held on every end of the month.
  7. During the integration process, the participating startups are required to comply with the technical requirements specified by PT. MRT Jakarta.
  8. During the integration process, the participating startups are expected to finalize the business model of the project. The business model needs to be oriented towards revenue creation.
  9. After the integration process, the participating startups will be evaluated based on the performance of the project. Several chosen Startups will be offered a long-term agreement with PT. MRT Jakarta.
  10. All participating startups must maintain a good reputation on behalf of PT. MRT Jakarta.
  11. All Participating Startups must finish the integration process by January 2021. The product or service will be presented on Demo Day, that will be held on January 2021.
  12. Terms and Conditions Applied.
  13. PT MRT Jakarta (Perseroda) may submit terms and conditions that apply at any time including changes.

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