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Introduction & Types of Grant

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Introduction & Types of Grant
 
INTRODUCTION
 
AITI plays an important role in introducing initiatives and programs to assist the ICT industry in Brunei Darussalam. As part of such initiatives, the AITI Grant Scheme for the ICT industry has been set up to assist local ICT industry players in Brunei Darussalam to achieve such aims.
 
 
OBJECTIVES OF THE AITI GRANT SCHEME
 
· To encourage R&D activities by local businesses in Brunei Darussalam to produce innovative products that possess significant commercial potential with emphasis on “Made in Brunei”;
· To strengthen R&D capabilities of Bruneians; and
· To encourage the development of more competitive local content developers in Brunei Darussalam
 
 
TYPES OF GRANTS
 
There are four (4) types of grants available. These grants cover the basic standard cycle of any product/solution development. This includes:
 
· Grant 1 - Product Development
· Grant 2 - Product Enhancement
· Grant 3 - Product Ownership; and
· Grant 4 - Product Packaging
 
 
GRANT FOR DEVELOPMENT OF LOCAL ICT & DIGITAL MEDIA INDUSTRIES
 
INTRODUCTION
 
AITI plays an important role in introducing initiatives and programs to assist the ICT industry in Brunei Darussalam. As part of such initiatives, the GRANT for development of local ICT & Digital Media industries has been set up to assist local ICT-related industry players including production houses in Brunei Darussalam to achieve such aims.
 
OBJECTIVES
 
· To encourage and establish Research and Development (R&D) activities by local businesses in Brunei Darussalam, leading to innovative products that possess significant commercial potential;
· To strengthen R&D capabilities of Bruneians;
· To encourage the development of more innovative and competitive local content developers in Brunei Darussalam; and
· To develop “Brunei-Made” and local contents of ICT and Digital Media products.
 
TYPES OF GRANT
 
Applicants can apply for the following four types of GRANT:
 
· Development – for developing prototypes or concept testing;
· Enhancement – for improving and upgrading existing products;
· Ownership – for obtaining certification and quality management systems; and
· Marketing – for marketing and improving existing packaging, design or labeling.
 
GRANT APPLICATION
 
Applicants must provide all information required in the application form together with other supporting documents as well as a project proposal and a product or solution business plan setting out the following :-
 
1. Company Profile
2. Full product proposal
    2.1 Description of Brunei-Made element
3. Current business environment
4. SWOT analysis
5. Business and Marketing Strategy
    5.1 Business Strategy
    5.2 Market Analysis
    5.3 Product Positioning
    5.4 Pricing Positioning
    5.5 Advertising and Promotion
    5.6 Target Market
    5.7 Distribution Channels
    5.8 Product Roadmaps
6. Operations & Maintenance Plans (Technical Plans)
    6.1 Network structure
    6.2 ISP Provider
    6.3 Project Manager & Technical Support (Qualification & Past Experiences)
    6.4 Project Management Methodology to be used in terms of managing product risk
7. Human Resource Plans
    7.1 Organization Chart (Project team members and roles)
    7.2 Human Resources Planning
    7.3 Transfer of Knowledge to Locals Planning
8. Risk Analysis (Technical Risks, Non-Technical Risks)
9. Implementation Schedule and Project Milestones
10. Financial Analysis
    10.1 Revenue Projections
    10.2 Profit and Loss Projections
    10.3 Cash Flow Forecast
11. Conclusions and Recommendations
 
GRANT RECIPIENTS
 
No.
Company
Award Date
1
MARS Enterprise
26th November 2010
2
Crescent Sdn Bhd
26th November 2010
3
John Harith Technology Sdn Bhd
26th November 2010
4
Alif Technologies Sdn Bhd
10th March 2011
5
Syarikat Indah Sejahtera Development & Services Sdn Bhd
10th March 2011
6
ZimacSilicon Technologies Sdn Bhd
10th June 2011
7
BruGPS Technologies Sdn Bhd
10th June 2011
8
Ambuyart Animations Company
18th October 2011
 
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