In August, a new startup accelerator, Skala, is opening its doors in Jakarta. It is a joint project between Salim Group’s Innovation Factory and venture capital firm Gree Ventures.

Skala will invest US$30,000 in each startup it picks, in exchange for five percent equity. At the end of the three-month program, startups will present in front of investors at a demo day. Gree Ventures may choose to invest in those that graduate from the accelerator. Skala will also provide office space, legal and accounting help. It seeks startup teams with strong domain expertise and a deep understanding of the local market. Foreign startups can apply as long as their product serves Indonesia. While Skala looks at all sectors, it’s especially interested in agriculture tech, supply chain and logistics, healthtech, education tech, media, fintech, and “online-to-offline” ecommerce. The program starts in the first week of October this year.