
iCentre
The iCentre Incubation Programme is a one-year initiative by BEDB designed for existing and aspiring entrepeneurs, providing access to capacity-building programmes, scaling support, and investment opportunities. It also offers affordable office spaces for businesses looking to grow and expand.


What is the iCentre Incubation Programme?
The iCentre Incubation Programme is a one-year initiative by BEDB designed for existing and aspiring entrepeneurs, providing access to capacity-building programmes, scaling support, and investment opportunities. It also offers affordable office spaces for businesses looking to grow and expand.
Who is eligible for the programme?
To be eligible for the programme, the Applicant must meet the general criteria.
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Must be registered and based in Brunei Darussalam
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Priority will be given to innovative tech startups that have graduated from any of the following BEDB Programmes:
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Micro Business Bootcamp
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Pre-Accelerate / Accelerate Bootcamp Programme
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and/or Innovation Challenge(s) under Brunei Innovation Lab (BIL)
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If you do not meet the above criteria, you may still be eligble for the programme if you are a commercialised startup with an annual revenue between $10,000.00 and $49,000.00
Application Guidelines
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Applications must submit a completed application along with the required documents
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Eligbile applicants will be contacted for an interview session, during which further instructions will be provded. In the session, you will be required to deliver a brief pitch and present your business using your slide deck.
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The submission of applications is subject to the availability and long-term sustainability of office space.
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Applicants MUST submit the following documents:
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Identification Card of Founder
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Business Registration / Incorporation Certificate or Latest Form X
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Bank Statement Header
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Business Roadmap
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Financial History and Financial Projection using the dedicated template
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How does it work?
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Complete Application Form & upload all required document.
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Applicants will be assesed into 2 stages:
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Stage 1: Assessment and Evaluation of Application Form
Review of application forms to ensure completeness and eligibility based on general criteria; and assessment of your Business Profile, Roadmap and Future Outlook.
Applicants who pass Stage 1 will proceed to Stage 2 of the evaluation process.
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Stage 2: Interview
Applicants who successfully pass Stage 1 will be invited for an interview session, where they will be required to deliver a brief pitch and present their business using a slide deck.
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Letter of Award will be provided for Successful Applicants.
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Licence Agreement Signing (Physical Session) and Onboarding.
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Unit Entry Checklist and Exchange of Unit Keys.
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iCentre Incubation participation, including monthly coaching for up to 12 months, based on agreed milestones and subject to circumstances.
Additional Information
If you are successful, applicants must adhere to:
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Payment of deposit, upon signing the Licence of Agreement
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Required to utilise Zohobook Accounting, which is subscribed by BEDB for a year
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Must commit to check-ins with the iCentre Incubation Team as part of the monitoring programme
iCENTRE INCUBATION PROGRAMME

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What is the Brunei Economic Development Board?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.
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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.
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How do I start a business in Brunei Darussalam?businessBN is a whole-of-government service that aims to provide businesses with essential information on government services and reforms related to doing business in Brunei Darussalam. www.business.gov.bn is a single portal providing the Brunei business community easy access to information on a range of government procedures, legislation, guidelines and services related to doing business. Alternatively, entrepreneurs and business owners who prefer to speak directly with a customer service representative, may visit the Business Helpdesk in Anggerek Desa. Should you have any inquiries, email us at info@bedb.gov.bn
For inquiries, contact us at info@bedb.gov.bn