Darussalam Enterprise

For more info: https://www.dare.gov.bn/finance

E-mail: financing@dare.gov.bn

Eligibility:

• Targeted to assist in the starting up of innovative businesses

• Applicable for new businesses registered and in operation within (not more than) twelve (12) months

• DARe will fund 70% in eligible cost

• Must fall within the definition of micro or small enterprise i.e. less than 20 employees

• Completed or participating in a DARe business programme (e.g. Accelerate or Micro Bootcamp) or a similar programme

Eligibility:

• Targeted towards businesses that are looking for growth opportunities i.e. increase productivity, expand product range/services or international expansion

• Applicable for businesses that have been registered and in operation for more than twelve (12) months

• DARe will fund 70% in eligible costs

• Must fall within the definition of micro, small or medium enterprise i.e.

have fewer than 100 employees

• Must practice proper book-keeping, and are able to provide at least six (6) months to one (1) year of financial records (depending on the nature of the business)

• Sole Proprietorship and Partnership businesses are encouraged to convert the status of their existing business into Sendirian Berhad (Sdn Bhd)

A Grant or Cooperative Agreement ⁽¹⁾ to support non-profit, non-governmental organisations in Brunei Darussalam

• Must be innovative initiatives that fulfill the United States Government's key priorities ⁽²⁾

• Demonstrate the ability to manage and implement donor-funded projects with adequately functional management system

Eligibility: Applying organisations must obtain the following:

• System for Award Management (SAM) Registration

• Dun & Bradstreet (D&B) Number, NCAGE Code and register in SAM (System for Award Management) which takes up to five (5) business days

• NATO Commercial and Government Entity (NCAGE) Code ⁽³⁾ which takes up to three (3) business days 

^{(1) A legal instrument that facilitates the transfer of something of value from federal executive agencies}

^{(2) Key priorities include: Environment; Civic Education; Civil Society Development; Culture and Arts; Journalism; Entrepreneurship/Innovation/Digital Economy; COVID Resiliency}

^{(3) A code assigned to businesses providing a product or service to the United States (U.S.) Government}

Email: EmbassyBruneiPAS@state.gov

Tel: 2387400

A Welfare Financing Scheme that supports the government's effort to help improve the self-sufficiency of those in need through entrepreneurship programmes

Eligibility:

• Applicants are required to complete a series of entrepreneurial programmes run by LiveWIRE Brunei

Set up to encourage youth and entrepreneurship involvement within Brunei Darussalam

• Registered business under the Majlis Perundingan Mukim & Kampung (MPMK)
• Must display exceptional economic projects towards achieving the Wawasan 2035 vision
• Priority towards the winners of "Program Kebeliaan 3K (Kemimpinan, Kemasyarakatan dan Keusahawan)" by the Tutong Village Consultative Council (MPK)

Email: info@moha.gov.bn

Tel: 2223225

AiTi introduces the Productivity and Efficiency Joint-Funding for Digital Adoption, "PENJANA" which aims to

encourage the adoption of digital solutions by MSMEs

through financial funding up to 70% for a period of one

year

Currently offering financing support on locally developed

pre-approved digital solutions on:

• E-commerce

• Digital Point of Sales (POS)

AiTi will provide funding support for the local MSMEs in

the form of subsidized subscription fees. The Amount

will be based on the annual turnover ⁽¹⁾ of the business,

with funding cap of BND5k for each MSME, as follow:

Eligibility:

• Registered business in Brunei Darussalam

• Must be 100% local Bruneian ownership

• Business must have less than one hundred (100) employees

• Business must be operation for at least two (2) years

• Sole proprietorships and partnerships, must not have bankruptcy or any legal proceedings issued in the name of the business or name(s) of registered proprietor/partners over the past two (2) years

• Limited companies must not have any winding up (2) proceedings or legal proceedings issued over the past two (2) years

• It is preferable to submit an updated report to Online Business Reporting (OBR) under the Ministry of Finance and Economy at least six (6) months before date of submitting application

Email: info@aiti.gov.bn

Tel: 2323232

Asnaf Fakir Miskin by the Brunei Islamic Religious

Council is set up to 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)

Eligibility:

• No source of income or wealth

• Are not able to fulfill half of the family's

basis needs

The Youth Development Centre is a post-secondary

institution that provides basic vocational training skills in

entrepreneurship and financing

Eligibility:

• Applicants must undergo entrepreneurship

courses provided by the Youth

Development Centre (e.g. The Plant

Programme, Bright Ideas Programme or

Independent Youth Camp)

• Must be disciplined and committed to

complete the programme

• Good attendance according to the

programme

• Show determination to attain financial

assistance

Email: info@japem.gov.bn

Tel: 2381903/2381905/2382911