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“Penjana” Productivity and Efficiency Joint-Funding for Digital Adoption

“Penjana” Productivity and Efficiency Joint-Funding for Digital Adoption

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 subsidised 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




[1] Annual Tunrover: Total sales for a period of one (1) year

Organisation

Authority for Info-communications Technology Industry (AITI)

Amount Offered (BND)

Up to BND5,000

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

[2] Winding up: Process of dissolving a company

Tel

+673-2323232

Email

Website