Identify the government agencies that assist SMEs and the programmes offered
Brunei Industry Development Authority (BINA)
 To facilitate the setting up of Small and Medium Enterprises
 To provide and manage industrial sites which are critical to the establishments of the industries
 To coordinate with other government agencies for various approval in setting up of the business
infrastructure such as pioneer status, certification, tax exemption, labour licenses, miscellaneous
licenses, etc
 To provide training and counseling for local entrepreneurs to gain and upgrades their knowledge in
areas of enterprise management as well as technical capabilities
 To support the information and development of cooperatives which has a big and important role to
play in the industrial development process as can be seen in the neighbouring countries such as
Malaysia, Indonesia and Singapore
Entrepreneurial Development Centre
 On 2nd May 1996, His Majesty has consented to the transformation of Sinaut Agriculture
Training Centre as the Resource Centre under the administration of the Ministry of Industry
and Primary Resources
 On July 2006, the name of the centre has been changed to the Entrepreneurial
Development Centre, Ministry of Industry and Primary Resources taking into consideration
its main role in facilitating the growth and development of SME in the country
 It scope of activities includes providing entrepreneurial training, incubation programme,
SME financial support scheme, international relations and providing relevant information
to SMEs
LiveWire Programme
 LiveWire Brunei is a Brunei Shell Petroleum Company’s sponsored community
programme created for the purpose of increasing the interest of Bruneians in Business and
assists them in realizing their business ideas
 It will help by getting them to start thinking the business idea with the first aim of
creating a formal, documented plan and progress into business start-up
 It is an international programme designed to train registered participants between ages
18-30
The programme includes courses in personal development, trade knowledge, basic skills
in starting and running a small business
First category
Provide information for
those who want to know
about starting and running
a small business
Second category
Provide a basic training
in starting and running a
business
Fourth category
The ‘Award’ competition
held yearly to recognise
successful participants
Third category
Provide advice and
mentoring
Sekolah Perdagangan (Business School)
 Sekolah Perdagangan runs the Business Incubator Programme (BIP) to train
graduates under the governing body, the Brunei Darussalam Vocational and Technical
Education Council (BDTVEC) who have acquired the skills and competences in various
vocational and technical fields, wishing to become entrepreneurs
 The programme, run by the Enterprise Training Division under the Department of
Technical Education since September 2000, was incorporated into the business school in
2005. This is in line with the government’s desire to expand the small and medium sized
enterprise (SMEs) sector
The school provides twelve incubation units for the participants to operate their
enterprises from once they have completed their entrepreneurship training at the school,
beyond which time they could still receive mentoring services
The iCentre
 iCentre is an initiative by the Brunei Economic Development Board (BEBD) to support
and develop the local SMEs in Brunei for start-ups and established companies in ICT
industry
 The concept for iCentre is based on an incubation model to assist those new companies
to develop their innovative ideas from inception to realization (offices, conference rooms,
meeting rooms, exhibition rooms, management guidance, technical expertise and
mentoring)
The Brunei Economic
Development Board (BEDB)
 The Brunei Economic Development Board (BEBD) is committed to support local
companies to grow their businesses beyond Brunei Darussalam
 Several initiatives have been established with the objective to support local SMEs as the
Local Enterprise Applications and Products (LEAP) program, to assist the SMEs as well
as students and researchers in higher learning institutions in the development of new
products or applications
Financial Assistance to SMEs
Export Refinancing Scheme (ERS)
 Ministry of Industry & Primary Resources (MIPR) and Bank
Islam Brunei Darussalam (BIBD) launched the Export
Refinancing Scheme(ERS) to help SMEs establish a strong
global presence
 Under this scheme, an SME can borrow a minimum of
$50,000 and a maximum of $500,000
 The new scheme provides exporters short-term financing
before and after they make a delivery
 The facilities are granted to companies registered and
certified as an exporter
Financial Assistance to SMEs
Promising Local Enterprise Development Scheme (PLEADS)
 Under Brunei Economic Development Board (BEDB), PLEADS targets
established local companies for internationalization
 They aim to enhance the capability & competitiveness of an existing
business
 They also assist the promising local enterprise to expand their business
and venture abroad.
Financial Assistance to SMEs
Enterprise Facilitation Scheme (EFS)
 Under BIBD, EFS grants SMEs financing up to a maximum
amount of BND 5 million dollars to help your business on its way
 EFS covers a wide range of activities, whether for financing the
amount to purchase equipment, fund a project or contract, or
increase working capital
 This is open for SMEs which are at least 30% owned by Brunei
citizens
 The targeted industries are agriculture, fisheries,
manufacturing, tourism, etc
 This has provided loans to 122 SMEs, totaling up to $42
million from 1999 to 2009
Financial Assistance to SMEs
Microcredit Financing Scheme
 Under BIBD, this scheme enables the local SMEs to go further,
allowing a maximum financing amount of BND 50,000
 MFS caters for a wide range of industries, whether the business
in under the industrial manufacturing sector or in consumerbased industries such as retail, food and beverage, or hospitality,
the business is eligible to apply as long as it is 100% owned by
Bruneians
 This has provided $10 million worth of capital to 485 SMEs
from 2001 to 2009
Financial Assistance to SMEs
Other banks
 Personal Financing and Corporate Financing is also available
at the other banks such as Tabung Amanah Islam Brunei (TAIB),
Baiduri Bank, HSBC, Standard Chartered Bank, Malayan Banking
Bhd, Citibank and RHB Bank to assist SMEs improve their
liquidity and financial capability