Darussalam Enterprise (DARe) is inviting aspiring and existing local businesses looking to scale to join their flagship 100-day startup development programme Accelerate which will begin next month.
Singapore-based Golden Equator Consulting (GECo) – who successfully guided Accelerate’s fourth cycle to receive international investment – will return as the trainer for the next three cycles targeting more than 50 local startups who have ambitions of expanding beyond Brunei.
The fully sponsored Accelerate course covers the fundamentals of setting up and growing a business while also guiding startups through market research to discover their unique selling point and develop innovative business models.
Over 100 startups have completed Accelerate – formerly known as Startup Bootcamp – since the programme started in 2016. Collectively they have raised over US$1 million in investment and generated over 450 jobs.
Accelerate’s alumni span a diverse range of businesses, including Brunei’s leading gelato brand Rumah Gelato, smart farming startup AgromeIQ, online legacy planner Memori and football matching platform Super Squad.
Managing Partner at GECo Adam Flinter said they are keen on connecting Brunei startups to the regional startup ecosystem to help raise more investment and develop further partnerships.
“We have received very positive feedback from early-stage investors in the region during our Demo Day (the culmination of Accelerate) this year in Singapore, and we are looking forward to helping more startups from Brunei scale and expand into the region,” said Flinter.
“The bootcamps will continue to be facilitated by a blend of our in-house specialists and experts from the Golden Equator ecosystem, and with new interesting (field surveys, inspirational and lifestyle) elements added in.”
Meanwhile DARe’s CEO Javed Ahmad said GECo’s value extends beyond just providing training, having helped several Brunei startups secure projects with international partners.
“Working with experienced ecosystem builders such as Golden Equator has been fruitful since embarking in this partnership and I am confident that Golden Equator will truly add value in running the accelerator,” he said.
Registration for the next cycle of Accelerate is open until November 30, 2019. To sign up online, head over to DARe’s website.