Financing amount: BND1,000 - BND5,000
A Youth Startup Financing Program, a dynamic startup initiative designed for youth entrepreneurs, in collaboration with Bank Usahawan and the Ministry of Culture, Youth and Sports (MCYS).
It is designed to empower youth by providing them with the resources, knowledge, and financial backing needed to turn small ventures into sustainable businesses.
Financing amount: BND1,000 - BND5,000
Basic book-keeping template provided
Business management training sessions included
a) The applicant must be aged between 18 to 35 years old
b) Brunei’s residents hold a yellow or purple Identification Card
c) Proof of business registrations and financial records
d) The registered business must be operated for at least 3 months
e) The applicant must be the owner or shareholder of the business
f) The business activity does not contradict Syari'ah rules and concepts
g) Applicant should not be under active litigation nor bankruptcy
IC of Applicant / Directors / Shareholders / Guarantor
Bank account statement (past 12 months)
License or permission from relevant authorities for business activity
- Business Names Act Section 16 and Section 17
- and any documents required by the bank
- Business Names Act Section 16 and Section 17
- The certificate of Incorporation
- Form X
- Memorandum and Articles of Association
- Joint venture & Shareholder’s Agreement
- Shares Allotment (If any)
- Audited financial statements (If any)
- and any documents required by the bank
Monday to Thursday
8:30 AM to 4:30 PM
Friday
8:30 AM to 11:30 AM
2:00 PM to 4:30 PM
General Post Office, Bandar Seri Begawan, BS8611, Brunei Darussalam
No. 8, Spg. 150-17, Wisma IBMJ, Kiulap, Bandar Seri Begawan, BE1518, Brunei Darussalam
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