DARe’s Industry Business Academy to start Level 1 module on May 26

National 1 minute, 32 seconds


THE Industry Business Academy (IBA), a development and learning programme for Small and Medium Enterprises (SME) under Darussalam Enterprise (DARe), will begin teaching IBA Level 1 on May 26 at the Design and Technology Building and the iCentre.

A statement from DARe said the overall aim of the programme is to develop more sustainable businesses by strengthening the fundamental knowledge of how to start, run and grow a business.

To date, the IBA programme has attracted a total of 44 registrants.

The programme will be categorised in three SME maturity levels: IBA Level 1 for startups and micro SMEs; IBA Level 2 for SMEs and IBA Level 3 for established companies.

For all levels of IBA, a set of modules will be taught and are divided into two parts, which are general curriculum and special topics.

General curriculum will provide a general overview on starting a business for IBA Level 1, running a business for IBA Level 2 and expanding a business for IBA Level 3.


Some of the modules that will be taught in the upcoming weeks include writing a business plan, getting financing and entering overseas markets, among others.

Special topics will elaborate on business opportunities in different industry sectors, and the regulations and policies surrounding respective industries such as construction, food and ICT, among others.

Those interested to sign up as a participant or as a facilitator in the IBA programme can express interest to DARe’s hotline +6738363442 or email dare@ei.gov.bn.

DARe is a statutory body that looks to nurture and support local enterprises with the aim to foster their growth in order to enable them to contribute to the country’s gross domestic product.

DARe aims to develop local enterprises by assisting them in capacity building, facilitating access to funding and access to international markets as well as providing industrial spaces for SMEs to grow.

The Brunei Times