| Danial Norjidi |
THE schedule for DARe (Darussalam Enterprise)’s Industry Business Academy (IBA) programme was announced yesterday, with a number of sessions revealed for the various categories of participants.
As DARe shared in a press statement, the IBA is a six-month development and learning programme for SMEs and was developed after analysing present day issues experienced by local SMEs.
The implementation of the IBA hopes to provide a platform where enterprises can increase their skills and knowledge in starting, running and expanding a business.
The IBA is open to all levels of businesses and participants interested to join the programme will be segmented into three levels, depending on the business’ maturity level, specifically as: IBA Level 1, IBA Level 2 and IBA Level 3. Each IBA Level will be taught a minimum of one module every two weeks, totalling up to a minimum of five modules, depending on the respective IBA Level.
The modules made available in IBA are categorised in two parts, namely General Curriculum and Special Topics. The General Curriculum modules aim to nurture the skill development of SMEs in starting, running and expanding a business depending on the SMEs’ IBA Level, while Special Topics carries the aim of imparting new information and knowledge to SMEs by bringing in industry experts in different fields to identify and recognise opportunities available in upcoming projects, value chain opportunities and regulation and policies.
The timeline for IBA began with its first modules this month (writing a business plan and getting financing), and will come to a close with a pitching event in December. The specific schedule of modules that was announced is as follows.
For IBA Level 1, the modules are: Startups – getting financing in July; financial management (basic) and marketing strategies in August; identify and know your market, and creating the right team in September; presentation and pitching, and final showcase in October; and a pitch event in December.
For IBA Level 2: financial management (advanced) in July; HR management in August; customer service in September; marketing and brand equity in October; increasing sales in November; and a pitch event in December.
IBA Level 3’s modules are: entering overseas markets in July; utilising the TPP and AEC in August; managing risks and reaping opportunities in September; corporate governance in October; preparing an investor pitch in November; and a pitch event in December.
There will also be discussions on IBA Business Opportunities, specifically for: construction in July; food in August; ICT in September; agriculture and aquaculture in October; retail in November; and healthcare in December.
Those interested in the IBA programme can express their interest through DARe’s hotline at +673836442 or email dare@ei.gov.bn.
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