Construction of Law Regarding The Role of The Regional Government In Providing Incentives For Micro Businesses Through Equity Crowdfunding

Shinta Puspita Sari(1email)


(1) Faculty of Law Brawijaya University, Malang, Indonesia
email Corresponding Author
CrossMark

Abstract


Introduction: The policy complementary to regional investment is governed in Article 278 of Law Number 23 of 2014 and Government Regulation Number 24 of 2019. The availability of incentives and supporting facilities, however, remain to be the problems amidst shrinking regional budgets following the pandemic affecting economic sectors. The Regional Government of Batu City, among others, has perceived this effect and is on its way to reviving micro businesses to back up the local tourism.

Purposes of the Research: This research aims to find out and analyze the role of the Regional Government in providing incentives for micro businesses through equity crowdfunding.

Methods of the Research: This research employed normative-juridical methods with research data collected from library research and Focus Group Discussion discussed held in the Regional Government of Batu.

Results of the Research: The regulatory framework in Batu city regarding micro businesses complies with Regional Regulation Number 1 of 2016, implying that the operation of the Integrated Business Services Center (PLUT) serves as a vital aspect in the development of Micro, Small, and Medium Enterprises (MSMEs) in Batu, and this is expected to help develop the MSMEs in the city. The regulation also implies that the local government is responsible for funding MSMEs by providing grants, requesting international funds, giving incentives that ease permit requirements, reducing tariffs imposed on infrastructure and facilities, and other forms of incentive. Existing potentials and opportunities must be used to enhance the capacity of human resources as the facilitators at PLUT in Batu.

Keywords


Local Government; Incentive; Micro business


DOI


10.47268/sasi.v29i1.1073

Published


2023-03-11

How To Cite


APA: Sari, S.P. (2023). Construction of Law Regarding The Role of The Regional Government In Providing Incentives For Micro Businesses Through Equity Crowdfunding. SASI, 29(1), 1-17. DOI: https://doi.org/10.47268/sasi.v29i1.1073.
IEEE: S.P. Sari, "Construction of Law Regarding The Role of The Regional Government In Providing Incentives For Micro Businesses Through Equity Crowdfunding", SASI, vol. 29, no. 1, pp. 1-17, Mar. 2023. Accessed on: Apr. 28, 2025. [Online]. Available DOI: https://doi.org/10.47268/sasi.v29i1.1073
Harvard: Sari, S.P., (2023). "Construction of Law Regarding The Role of The Regional Government In Providing Incentives For Micro Businesses Through Equity Crowdfunding". SASI, Volume 29(1), pp. 1-17. [Online]. Available DOI: https://doi.org/10.47268/sasi.v29i1.1073 (Accessed on: 28 April 2025)
Chicago: Sari, Shinta Puspita. "Construction of Law Regarding The Role of The Regional Government In Providing Incentives For Micro Businesses Through Equity Crowdfunding." SASI 29, no. 1 (March 11, 2023): 1-17. Accessed April 28, 2025. doi:10.47268/sasi.v29i1.1073
Vancouver: Sari SP. Construction of Law Regarding The Role of The Regional Government In Providing Incentives For Micro Businesses Through Equity Crowdfunding. SASI [Internet]. 2023 Mar 11 [cited 2025 Apr 28];29(1):1-17. Available from: https://doi.org/10.47268/sasi.v29i1.1073
MLA 8th: Sari, Shinta Puspita. "Construction of Law Regarding The Role of The Regional Government In Providing Incentives For Micro Businesses Through Equity Crowdfunding." SASI, vol. 29, no. 1, 11 Mar. 2023, pp. 1-17, doi:10.47268/sasi.v29i1.1073. Accessed 28 Apr. 2025.
BibTeX:
@article{SASI1073,
		author = {Shinta Sari},
		title = {Construction of Law Regarding The Role of The Regional Government In Providing Incentives For Micro Businesses Through Equity Crowdfunding},
		journal = {SASI},
		volume = {29},
		number = {1},
		year = {2023},
		keywords = {Local Government; Incentive; Micro business},
		abstract = {Introduction: The policy complementary to regional investment is governed in Article 278 of Law Number 23 of 2014 and Government Regulation Number 24 of 2019. The availability of incentives and supporting facilities, however, remain to be the problems amidst shrinking regional budgets following the pandemic affecting economic sectors. The Regional Government of Batu City, among others, has perceived this effect and is on its way to reviving micro businesses to back up the local tourism.Purposes of the Research: This research aims to find out and analyze the role of the Regional Government in providing incentives for micro businesses through equity crowdfunding.Methods of the Research: This research employed normative-juridical methods with research data collected from library research and Focus Group Discussion discussed held in the Regional Government of Batu.Results of the Research: The regulatory framework in Batu city regarding micro businesses complies with Regional Regulation Number 1 of 2016, implying that the operation of the Integrated Business Services Center (PLUT) serves as a vital aspect in the development of Micro, Small, and Medium Enterprises (MSMEs) in Batu, and this is expected to help develop the MSMEs in the city. The regulation also implies that the local government is responsible for funding MSMEs by providing grants, requesting international funds, giving incentives that ease permit requirements, reducing tariffs imposed on infrastructure and facilities, and other forms of incentive. Existing potentials and opportunities must be used to enhance the capacity of human resources as the facilitators at PLUT in Batu.},
				issn = {2614-2961},		pages = {1--17}			doi = {10.47268/sasi.v29i1.1073},
				url = {https://fhukum.unpatti.ac.id/jurnal/sasi/article/view/1073}
		}
		
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1. Title Title of document Construction of Law Regarding The Role of The Regional Government In Providing Incentives For Micro Businesses Through Equity Crowdfunding
 
2. Creator Author's name, affiliation, country Shinta Puspita Sari; Faculty of Law Brawijaya University, Malang; Indonesia
 
3. Subject Discipline(s)
 
3. Subject Keyword(s) Local Government; Incentive; Micro business
 
4. Description Abstract Introduction: The policy complementary to regional investment is governed in Article 278 of Law Number 23 of 2014 and Government Regulation Number 24 of 2019. The availability of incentives and supporting facilities, however, remain to be the problems amidst shrinking regional budgets following the pandemic affecting economic sectors. The Regional Government of Batu City, among others, has perceived this effect and is on its way to reviving micro businesses to back up the local tourism.Purposes of the Research: This research aims to find out and analyze the role of the Regional Government in providing incentives for micro businesses through equity crowdfunding.Methods of the Research: This research employed normative-juridical methods with research data collected from library research and Focus Group Discussion discussed held in the Regional Government of Batu.Results of the Research: The regulatory framework in Batu city regarding micro businesses complies with Regional Regulation Number 1 of 2016, implying that the operation of the Integrated Business Services Center (PLUT) serves as a vital aspect in the development of Micro, Small, and Medium Enterprises (MSMEs) in Batu, and this is expected to help develop the MSMEs in the city. The regulation also implies that the local government is responsible for funding MSMEs by providing grants, requesting international funds, giving incentives that ease permit requirements, reducing tariffs imposed on infrastructure and facilities, and other forms of incentive. Existing potentials and opportunities must be used to enhance the capacity of human resources as the facilitators at PLUT in Batu.
 
5. Publisher Organizing agency, location Faculty of Law, Universitas Pattimura
 
6. Contributor Sponsor(s) Faculty of Law Brawijaya University, Malang, Indonesia
 
7. Date (YYYY-MM-DD) 2023-03-11
 
8. Type Status & genre Peer-reviewed Article
 
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9. Format File format PDF
 
10. Identifier Uniform Resource Identifier https://fhukum.unpatti.ac.id/jurnal/sasi/article/view/1073
 
10. Identifier Digital Object Identifier 10.47268/sasi.v29i1.1073
 
11. Source Title; vol., no. (year) SASI; Volume 29 Issue 1, March 2023
 
12. Language English=en en
 
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