KALTIM VENTURES is a venture capital company founded in 1995 by the government through PT Bahana Artha Ventura – BAV, a subsidiary of the state-owned company PT Bahana Pembinaan Usaha Indonesia – BPUI), along with other local companies, figures and entrepreneurs in East Kalimantan Province. Our aim is to partaking and contribute to the economic, especially in East Kalimantan province. Supported by BAV’s experiences and stakeholders network in venture capital sector, KALTIM VENTURES aim to play active engagement through strengthening East Kalimantan SME entrepreneurs by empowering and providing financing.

ARTICLE OF ASSOCIATION
KALTIM VENTURES was established on 15 June 1995 based on Notarial Deed No 44 of M Rasjid Umar, SH., public notary in Balikpapan. The Deed of Establishment was approved by the Ministry of Justice of Republic Indonesia (currently the Ministry of Law and Human Rights of The Republic of Indonesia) in its Decision Letter No C2-8014.HT.01.01.TH’95 dated June 26, 1995 and was published in the State Gazette of the Republic of Indonesia No. 36 dated May 6, 1997, Supplement No. 1782. In 1995, the company obtained approval from the Ministry of Finance of Republic Indonesia based on its Decree No. 280/KMK.017/1995 dated June 30, 1995. The Company’s Articles of Association have been amended several times, the latest of which are:

Based on Notarial Deed No. 426 dated August 31, 2009 of Hasanuddin, SH., M.Hum., M.Kn, public notary in Samarinda in order to comply with limited liability company law No. 40 2007 regarding the amendment of company articles of association comply with with limited liability company law No 40 2007 regarding limited liability company (LLC).

Based on Notarial Deed No. 11 dated December 19, 2022 of Rudiansyah, SH.,M.Kn, public notary in Samarinda in order to comply with Central Bureau Statistics Indonesia (BPS) regarding to Standard Classification of Indonesian Business Fields (KLBI) 2020.