Organization : Darussalam Enterprise (DARe)
Facility : Industry Business Academy (IBA)
Country : Brunei
Website : https://www.bedb.gov.bn/training/iba
What is Darussalam Enterprise (DARe) Industry Business Academy (IBA)?
Darussalam Enterprise (DARe) launched the Industry Business Academy (IBA) in July 2016 as an integral component of MSME developmental programme to provide knowledge for need to start, grow and export a business.
DARe IBA is normally set in a workshop style training while talks and sharing sessions are also an integral part of the programme. Subject matter experts from the public and private sectors are engaged to provide industry specific knowledge for aspiring entrepreneurs and seasoned entrepreneurs alike.
The duration of each module can run from half a day up to a maximum of four days. We are motivated to provide a comprehensive training that would benefit local businesses as much as possible. Classes typically seat up to (but not limited to) 30 people, and space is reserved on a first come first serve basis.
Whether the participants are at ideation stage or aiming to broaden their horizon towards export market, DARe IBA, which is in its Thirteenth Cycle, offers many trainings that enable the participant to confidently set their business on the path towards achieving their goals.
Who Can Register For IBA?
DARe IBA is open to aspiring entrepreneurs as well as existing businesses.
What type of courses do DARe IBA offer in its Thirteenth Cycle?
Please go to the link below to see our schedule
Click Here : https://www.bedb.gov.bn/events
What is BEDB?
The Brunei Economic Development Board (BEDB) envisions a resilient and diversified economy and is committed to catalysing sustainable growth by attracting and facilitating impactful investments that create jobs and generate opportunities for local enterprises.
BEDB also provides effective support and resources to enterprises of all sizes to spur innovation and growth, and develops fit-for-purpose industrial infrastructure to enable enterprises to thrive in a conducive environment. Focused on three strategic thrusts—Enabling Private Sector Growth, Increasing Internationalisation, and Enhancing BEDB Capabilities—BEDB is dedicated to driving economic development and fostering a vibrant business ecosystem in Brunei.
Why Choose Brunei Darussalam?
Brunei Darussalam is strategically located in the heart of Southeast Asia, along the East-West maritime trade route and within the ASEAN region, providing easy access to major cities like Singapore, Kuala Lumpur, and Jakarta within two to three hours by direct flight. This connectivity to the region’s growing economies makes it an ideal location for export-oriented activities and for investors seeking a wider market base.
Known for its political and economic stability, Brunei boasts a lush, green environment with 75% of its land area covered in pristine rainforest and 58% conserved under the “Heart of Borneo” initiative. The World Health Organization ranks Brunei among the top 10 countries with the safest and cleanest air, with over 70% of its area made up of verdant jungles and coastal mangroves.
Brunei also has a young, highly educated, multilingual, and tech-savvy workforce, with the government ensuring its curriculum aligns with industry needs and providing grants for FDIs to train local employees. The favourable tax climate includes no personal income, sales, payroll, capital gains, and manufacturing tax, and companies with Pioneer Status are exempt from corporate income tax and import duties on raw materials and machinery. Credible co-investment partnerships are available with entities like the Ministry of Finance and Economy’s Strategic Development Capital Fund and various local equity funds.
Furthermore, Brunei offers cost-competitive industrial parks with essential utilities for export-oriented FDI projects, permits 100% foreign ownership, and has a fast-track system for streamlined development approvals and operational requirements such as labor and customs. Brunei’s reformed business environment ensures a simplified and conducive ecosystem for start-ups and investors, continually improving its Ease of Doing Business ranking.