Jakarta, June 27 -- Deputy Minister for Micro, Small, and Medium Enterprises (MSMEs), Helvi Moraza, highlighted the crucial role universities play in developing competitive young entrepreneurs.

Helvi stated that this focus supports President Prabowo Subianto's vision to foster a new generation of entrepreneurs who are both competent and equipped to tackle modern-day challenges.

"Indonesia's current entrepreneurship ratio stands at 3.08 percent, and the government aims to increase it to 3.6 percent by 2029. That means we need more young entrepreneurs, and universities are the right and most promising places to cultivate them," he stated in a press release from Jakarta on Friday.

The Ministry of MSMEs recorded the presence of 690 registe...