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BUSINESS OPPORTUNITIES FOR YOUTH!

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Launched by His Majesty in 2018, i-Usahawan is a program that will provide local entrepreneurs the opportunity to participate in tendering for low-risk contracts and others. Since then, Ministry of Energy has been leading the initiative especially for the Energy Sector. As of 2022, DARe will be taking the lead for i-Usahawan Non-Energy Sector.

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What is i-Usahawan for Non-Energy Sector?

 

i-Usahawan is a youth entrepreneurship development program that supports and provides opportunities for young Bruneians to start and grow their businesses by securing ring-fenced contracts offered by Clients that would consist of Government agencies, Government Linked Companies and Statutory bodies as well as Corporate Organisations.

i-Usahawan for Non-Energy sector encompasses projects from participating Clients from industries other than Oil & Gas and Downstream.

Non-Energy Clients will be providing ring-fenced contract with minimum 1-year duration (with provision to allow for contract extensions based on client requirements and contract performance).

 

Objective

  • To encourage young local entrepreneurs to start and own their companies​

  • To provide an opportunity for youth to develop and own business​

  • To create job opportunities for Bruneians​

  • To allow direct contract with Clients in the Non-Energy Sector

 

Eligibility Criteria

  • Bruneian citizens and Permanent Residents (Not including citizens of foreign nations) ​

  • Youth ages of 18-35 years old​

  • The company MUST NOT have any prior contract with Government, GLCs, or Statutory bodies in the previous 5 years​

  • Business owners MUST be actively running and involved in the daily operations​

  • Incorporation as Sdn Bhd in Brunei is encouraged upon award of contract​

 

How i-Usahawan for Non-Energy Sector works?

  • Register as a vendor in the DARe LINKS Portal

  • Non-Energy Clients to advertise EOI for i-Usahawan Ring-Fenced Tenders in DARe LINKS Portal

  • Eligible vendors will be required to participate in Micro Bootcamp for ideation training and development of tender document

  • Eligible vendors may submit tender for Clients evaluation

  • Vendors awarded i-Usahawan projects will be provided with mentorship opportunities, and the relevant support by DARe throughout the duration of the project

  • Successful vendors may continue to bid for other i-Usahawan projects within 3 years from the first awarded contract