Entrepreneurial Finance and Sustainable Business (EFSB) Research Cluster is a research group under the Faculty of Administrative Sciences, Universitas Indonesia (FIA UI). The cluster focuses on advancing knowledge and practice in the areas of Entrepreneurial Finance, Corporate and Small-Medium Enterprise (SME) Finance, Corporate Governance, Sustainable Finance including Green and Climate Finance, Financial Inclusion, and Social Entrepreneurship.

EFSB was established to support FIA UI’s vision of becoming a center of excellence in Administrative and Policy Studies as well as Strategic Governance based on the university’s tri-dharma principles: education, research, and community service. Furthermore, EFSB’s research aligns with the five academic pillars of FIA UI: Governance, Innovation, Institution, Culture, and Policy.

The cluster is led by Prof. Ir. Bernardus Yuliarto Nugroho, MSM, Ph.D., and consists of competent and active faculty members engaged in both research and community service. EFSB’s primary focus is to produce academic and social outputs that contribute to a wide range of stakeholders, including academics, society, government, and the business sector.

Cluster Chair: Prof. Ir. Bernardus Yuliarto Nugroho, MSM, Ph.D.