Print Email Facebook Twitter Developing Crowdfunding-Based Financing Scheme to Increase Potential of Micro, Small, and Medium Business in Urban Green Space Title Developing Crowdfunding-Based Financing Scheme to Increase Potential of Micro, Small, and Medium Business in Urban Green Space Author Berawi, Mohammed Ali (Universitas Indonesia) Sari, Mustika (Universitas Indonesia) Lumbantobing, Vanana (Universitas Indonesia) Susilowati, Suci Indah (Universitas Indonesia) Susantono, Bambang (Universitas Indonesia; Universitas Diponegoro) Woodhead, Roy (Sheffield Hallam University) Sejatiguna, P.M. (TU Delft Design & Construction Management; Universitas Indonesia) Date 2024 Abstract Micro, Small, and Medium Business (MSMEs) are vital to the Indonesian economic development, and the government is focusing on this sector for post-pandemic recovery. There is an emphasis on infrastructure such as urban green spaces, or Ruang Terbuka Hijau (RTH). RTHs have untapped potential as centers for agricultural and processing MSMEs. However, these businesses often face financing challenges, prompting the exploration of alternative scheme like crowdfunding. Therefore, this study aimed to (1) explore how RTH lands can be leveraged for local economic activities, and (2) devise a public fund-based crowdfunding financing model. Using RTH Kalijodo in Jakarta as a case study, the study included literature reviews, benchmarking, fieldwork, and Life Cycle Cost (LCC) analysis. The results show the need for the development of vertical hydroponics, tilapia farming, and tilapia fillet processing business in RTH Kalijodo. Financial analyses, including IRR calculations exceeding the 10.41% WACC, a positive NPV, and a payback period under five years, show the financial viability of these sectors. Subject CrowdfundingLife cycle costMSMEsUrban green space To reference this document use: http://resolver.tudelft.nl/uuid:e88da30d-3e7a-4d70-bf5c-c4982f02d2c8 DOI https://doi.org/10.14716/ijtech.v15i2.6663 ISSN 2086-9614 Source International Journal of Arts and Technology, 15 (2), 259-266 Part of collection Institutional Repository Document type journal article Rights © 2024 Mohammed Ali Berawi, Mustika Sari, Vanana Lumbantobing, Suci Indah Susilowati, Bambang Susantono, Roy Woodhead, P.M. Sejatiguna Files PDF IJTech_CVE-6663_Developin ... e-to-I.pdf 605.82 KB Close viewer /islandora/object/uuid:e88da30d-3e7a-4d70-bf5c-c4982f02d2c8/datastream/OBJ/view