Tuesday

AITI Grant Scheme: Brunei ICT Firms Invited to Apply

Wednesday, July 7, 2010

Bruneian information communications technology (ICT) companies have been invited to apply for the Authority for Info-communications Technology Industry of Brunei Darussalam's (AiTi) grant scheme.

The grant scheme that was introduced to encourage, promote, facilitate and provide financial assistance for the development and expansion of the ICT industry in Brunei, AiTi Chief Executive Hj Yahkop Hj Menudin was quoted as saying in a statement issued yesterday.

He said through the scheme, Brunei would be able to start producing more local talent in ICT content and applications. Four types of grants are offered under the scheme that falls in different stages of ICT products or solutions.

The first is the Product Development Grant, which entails the development prototypes or concept testing, while the Product Enhancement Grant is for improving and upgrading designs or processes. To obtain certification and recognition, the grant type is known as the Product Ownership Grant and the Product Packaging Grant is for the improvement of existing packaging, design or labelling.

Each applicant can apply for more than one type of grant for the same IT product or solution and the amount granted varies with a minimum of $100,000, depending on the type of grant applied. Application forms and guidelines for this scheme are available at the AITI website (www.aiti.gov.bn/scheme). An industry briefing will be organised on July 14, 2010 to address any inquiries on the grant scheme.

Interested ICT companies that would like to attend the industry briefing can email their complete contact details to itidg@aiti.gov.bn or call the IT Industry Development Group at 2323232. The deadline to submit the application forms is 4pm on Friday, August 6, 2010. Brunei Times.

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