Indonesia allocates US$564 million KUR for creative sector
Jakarta, May 19 -- Creative Economy Minister Teuku Riefky Harsya said the government has allocated Rp10 trillion (US$564.5 million) in subsidized People's Business Credit (KUR) for intellectual property-based creative businesses in 2026.
"The intellectual property certificates issued by the Ministry of Law can be used as collateral," Harsya said at a press conference on the Indonesia Animation Report 2026 in Jakarta on Tuesday.
He said the government approved the Rp10 trillion KUR allocation for 2026, offering loans of up to Rp500 million (about US$28,225) for creative-sector startup entrepreneurs.
However, Harsya noted that intellectual property certificates will initially function only as supplementary collateral rather than primary ...
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