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BAIDURI BANK PRESENTS GRANTS TO TOP 5 QUALIFYING TEAMS
30th August 2012
Bandar Seri Begawan, 30th August 2012 FIVE out of 14 participating schools have been selected to receive a $200 grant to run a two-month business project as part of the BigStart Entrepreneurship Competition 2012, an initiative organized by Baiduri Bank in partnership with the Co-Curricular Department, Ministry of Education through their Skills and Entrepreneurship Division. The presentation ceremony was held today, at the Baiduri Bank Head Office in Kiarong.

The five teams receiving the grant are from the following schools: Sekolah Menengah Pengiran Anak Puteri Hajah Rashidah Sa’adatul Bolkiah, Sekolah Menengah Pengiran Isteri Hajah Mariam, Maktab Sultan Omar ‘Ali Saifuddien, Pusat Tingkatan Enam Tutong and Sekolah Menengah Sayyidina Abu Bakar.

The grant will be used to carry out the business plans that the teams presented in front of a panel of judges from Brunei's business sector, including the Brunei Industrial Development Authority (BINA) and Livewire, as well as judges from the Ministry of Education.

At the end of the project, the team that manage to make the most profit will be crowned the winner and will receive cash prize amounting to $1200. Second prize winner will be receiving $1000 and third prize winner will be receiving $600.

The BigStart Entrepreneurship Competition is done in an effort to expose entrepreneurial spirit and business acumen among secondary and college students in Brunei.

As a local bank, Baiduri Bank is renowned for its commitment to help in local community development, especially in nurturing Brunei SMEs. The BigStart Entrepreneurship Competition is a great way to extend this commitment to the younger generation and to equip them with practical business skills and valuable experience.

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