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BUSINESS WORKSHOP FOR BICTA 2015 PARTICIPANTS

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BUSINESS WORKSHOP FOR BICTA 2015 PARTICIPANTS
12/06/2015
 
The Brunei ICT Awards (BICTA) 2015 Working Committee organised a two-day Business Plan workshop aimed to provide some insights for the BICTA participants into business strategy planning, validating market or commercial potential as well as forecasting their financial needs for their proposals. The workshop was attended by over 100 participants comprising of ICT entrepreneurs as well as students from the secondary schools, higher learning institutions and private colleges.
 
This is the first of three (3)  workshops being organised for BICTA 2015 participants to equip them with the necessary business knowledge and skills prior to final submission of entries which will close on 31 July 2015.
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Today’s workshop was facilitated by Mr. Andrew Wong, founder and CEO of MAD Incubator, Malaysia’s leading and largest private incubator, as well as Pg Sarimah binti Pg Hj Abd Latif of Suhbe Co.
 
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Amongst the topics covered were Customer Targeting & Value Proposition, Innovation Strategy, Creating a Compelling Business Model, Sales & Marketing Strategy, Cash Flow, and Business Plan Formulation. The participants were also involved in group brainstorming exercises as well as presentations.
 
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BICTA is an annual ICT competition led by the Ministry of Communications and jointly organised by the Authority for Info-communications Technology Industry of Brunei Darussalam (AITI) and InfoCom Federation Brunei (IFB). There are three (3) categories in the competition, namely, School Project, Tertiary Project and ICT Industry. Each first place winner for the above categories will receive cash prizes of BND2,500 , BND5,000 and BND10,000 respectively. There will also be four (4) Special Awards this year, namely Promising Entrepreneur, Young Developer, Green ICT, and Emerging Technology.
 
For more information about BICTA please visit www.bicta.gov.bn