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AITI Awards Grant to Two More Local ICT Companies

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AITI Awards Grant to Two More Local ICT Companies
10/03/2011

 

PRESS RELEASE 

 

The Authority for Info-communications Technology Industry of Brunei Darussalam (AITI) has awarded its Grant Scheme to another two (2) more local ICT companies namely Alif Technologies Sdn Bhd and Syarikat Indah Sejahtera Development and Services Sdn Bhd (ISDS). The scheme was initiated to provide financial assistance to local ICT companies to further develop their Brunei-made ICT products and solutions.

 
The event was held at the Seri Kerna Hall at the AITI Office in Kg Anggerek Desa and was officiated with the contract signing between Awg Haji Yahkup bin Haji Menudin, Chief Executive of AITI and the two (2) senior representatives of the local ICT companies.
 
This important event was witnessed by the Guest of Honor, Permanent Secretary of Ministry of Communications who is also the Chairman of AITI, Yang Mulia Dato Paduka Haji Awang Alaihuddin bin Pehin Orang Kaya DiGadong Seri Lela Dato Seri Utama Haji Awg Mohammad Taha.
Alif Technologies Sdn Bhd represented by Pg Mohd Sufian Bin Pg DP Hj Maidin received the Grants for their project “Computer-Aided Dispatch” with a total value of BND 150,000 This amount is to support their product Enhancement, Ownership and Packaging & Marketing. Meanwhile, ISDS represented by its Director - Awg Haji Mohamed Bin Dato Hj Talib, for their “Where2kerja.com Extensibility & Commercialization” product is granted BND 98,410 for Product Enhancement and Product Packaging & Marketing.
 
AITI in November last year awarded its first Grant Scheme to three (3) local ICT companies - MARS Enterprise, Crescent Sdn Bhd and John Harith Technology Sdn Bhd. The main objective of this Grant is to encourage R&D activities and capabilities in producing commercially potential innovative products by the local ICT businesses and emphasizing on “Brunei-Made”. Applications for the third batch were closed for submission in January 2011 and currently undergoing evaluation process.
 

 Signing between Alif Technologies Sdn Bhd(right) with AITI(left) witnessed by the Guest of Honor.

Signing between Syarikat Indah Sejahtera Development and Services Sdn Bhd(right) with AITI(left) witnessed by the Guest of Honor

Successful Grant applicants were evaluated based on the four (4) main criteria namely the proposals’ technology merits, commercial potential, financial and resources as well as project plan & capacity to deliver. Further evaluation was also emphasized on the ‘Brunei-Made’ elements of the proposed products. Grant applicants with the AITI Accredited Business (AAB) Status are given preference during the evaluation process.
 
The AITI Grant Scheme provides four (4) types of grants that depict the stages of ICT product or solution development life-cycle:

 

Product Development – for developing prototypes or concept testing;
• Product Enhancement – for improving and upgrading design or processes;
• Product Ownership – for obtaining certification and quality management systems; and
• Product Packaging and Marketing – for marketing and improving existing packaging, design or labeling.
  
The Grant amount varies depending on the type of grants applied and the classification of the company. Each applicant can apply for more than one type of grant for the same ICT product or solution.
 
AITI will be opening the fourth batch of AITI Grant Scheme application from 1st June 2011 to 30th June 2011.  Details and guidelines for this scheme are available for download at AITI’s website www.aiti.gov.bn/grantscheme.html  
 
For any further inquiries, the public/interested parties can contact the IT Industry Development Group at 2323232 (during office hours only) or visit www.aiti.gov.bn or email at itidg@aiti.gov.bn.
 

Alif Technologies Sdn Bhd (left) and Syarikat Indah Sejahtera Development and Services Sdn Bhd (ISDS)(right) receive their Grant