“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
Website