What is the iCentre Incubation Programme?

 

The iCentre Incubation Programme is a one-year incubation programme by DARe and co-working space for existing and aspiring entrepreneurs with access to capacity building programmes, scaling and investment opportunities.

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Types of iCentre incubation  

 

• Physical - for aspiring and existing startups that would like to have an office space at iCentre Incubation Programme.   ​

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Who is eligible for the programme?

 

To be eligible for the programme, the Applicant must meet the general criteria.

 

• Must be registered and based in Brunei Darussalam

• Must have at least a minimum viable product or proof of concept

• Priority will be given to innovative tech startups that have graduated from any of the following DARe Business Bootcamp Programmes:

  • Micro Business Bootcamp;

  • Pre-Accelerate Bootcamp;

  • Accelerate Bootcamp;

  • and/or Innovation Challenge under Brunei Innovation Lab.

• Applicantions may be considered IF they are a commercialised startup that have a revenue of between $10,000.00 - $49,999.00 annually

• Must complete and submit Application Form.

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How does it work?

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1. Complete Application Form & prepare all required document.
    

2. Submit Application Form, Business Proposal and relevant documents to icentre@dare.gov.bn or to Business Helpdesk, Design & Technology Building, Anggerek Desa Tech Park. 
    

3. The applicants will be assessed into 2 stages:
    

   • Stage 1: Assessment of Application Form

     Screening of the application form to check for completeness and eligibility based on the general criteria. 
      

   • Stage 2: Evaluation of Appendix A (Executive summary) and Appendix B (Business Proposal)
     Assessment of Appendix A and B for Executive Summary and Business Proposal subject to the Evaluation Criteria. 
      

4. Approval and signing of agreement for successful application. 
    

5. Unit Entry Exit Checklist and exchange of unit keys. 
    

6. Monthly Coaching up to a maximum 12-month duration based on the agreed milestone.