Innovation of Village-Owened Enterprises (BUMDes) to Improve the Economy of Village Communities in Bintan Regency

Abstract

Village-owned enterprises (BUMDes) are institutions within the village government that focus on the economic sector to grow and develop the village economy. The mandate of the Village Law makes BUMDes the main driver of the village economy. A growing village economy is expected to be a stimulus for national economic growth. This research aims to describe how innovations made by BUMDes in Bintan Regency in improving the village economy. The BUMDes that are the focus of this research are BUMDes with advanced categories in Bintan Regency, Riau Islands Province consisting of BUMDes Mitra Perdana Teluk Sasah Village, BUMDes Anugerah Ekang, Ekang Anculai Village and BUMDes Maju Bersama Teluk Bakau Village, Bintan Regency. This research used a descriptive qualitative approach. The results of this study found that BUMDes have innovated in increasing their income through the addition of business units through partnership programs with third parties. This partnership program succeeded in increasing production and expanding the market so as to increase income for BUMDes and directly impacted on Village Original Income (PADes).