You've been sitting on a great idea, a solution perhaps, that will solve a commonly held problem. You've been wondering – how do I translate it into action?
Darussalam Enterprise's (DARe) Accelerate Programme formerly known as Startup Bootcamp brings in private sector experts and established entrepreneurs to mentor you in your journey as you turn that great idea you have into reality.
Across 100 days, you will be trained in product development, business plan creation, securing financing and making sales. At the very end, you will have the opportunity to take centre stage at a Demo Day event – where you will pitch your business to a panel of regional investors (subject to appointed facilitator).
The first cycle of Accelerate saw 13 local start-ups collectively raise $300,000 in investment, generate $80,000 in revenue and employ 131 people. During the 100 days, you will have weekly check-ins to update your progress with your peers and mentors and learn new skills that you can apply to advance your start-up.
Successful companies will also have the option of co-working spaces and facilities.
Applications will go through a selection process; with proposals for products and services that can scale and grow rapidly – especially beyond Brunei's borders – given the priority. There are no fees for Accelerate; only your commitment to follow through.