The businesses will have to co-match a minimum of 30% in eligible costs, with the remaining to be funded by DARe through the scheme, to a maximum of 70%.
LiveWIRE Brunei Business Awards is designed to reward and recognise outstanding young entrepreneurs who produce high quality business plans and conduct impressive business operations.
The businesses will have to co-match a minimum of 30% in eligible costs, with the remaining to be funded by DARe through the scheme, to a maximum of 70%.
The businesses will have to co-match a minimum of 30% in eligible costs, with the remaining to be funded by DARe through the scheme, to a maximum of 70%.
A Welfare Financing Scheme that supports the government’s effort to help improve the self-sufficiency of those in need through entrepreneurship programmes.
Provide capital assistance for people-in-need in the form of Zakat. Capital aid for the businesses are in the form of assets (e.g. machinery, raw materials and inventory).
LiveWIRE Brunei Business Awards is designed to reward and recognise outstanding young entrepreneurs who produce high quality business plans and conduct impressive business operations.
A 3-day hackathon designed to stimulate the entrepreneurial capacity of the youth to work together and develop suitable solutions focusing on 5 core areas.
Organised by Ministry of Transport and Infocommunications (MTIC), Authority for Info-Communications Technology Industry of Brunei Darussalam (AITI) and InfoCom Federation ofBrunei (IFB).
A variable facility to finance a business’s import purchases after securing a sales order based on indent or purchase order from the Brunei Government, semi-government organisations or other companies.
Assign the receivables to the bank and receive financing for a percentage of the invoice value. Benefits include improving the business’s cash flow and potentially securing profits by accessing supplier discount for early payment.
Secure funds to purchase shop houses, property for staff quarters, warehouses and other business real estate. Business owners are also able to finance existing properties for greater savings.
A short-term one-off lump sum financing which may be granted against confirmed or expected lump sum receivables or against contract/project awarded by Government or Government related companies or any other pay-master acceptable to the Bank.
A revolving short-term financing given to finance project/contract awarded by Government or Government Related Companies or any other pay-master acceptable to the Bank.
Various types of guarantees issued to suit various contractual purposes, requirements and needs. They are: Bid Bond, Performance Bond, Payment Guarantee, Security Deposit for Labour Quota.
Loans used for the purchase or construction of commercial and residential properties. May also be used for refinancing of properties. Repayment is based on fixed instalments.
Bank Usahawan is an SME Bank establishment that is exclusively focused in providing Brunei Entrepreneurs assistance in their financial ambitions through two products; the Tawarruq and Murabaha.
Bank Usahawan is an SME Bank establishment that is exclusively focused in providing Brunei Entrepreneurs assistance in their financial ambitions through two products; the Tawarruq and Murabaha.
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