Some twenty four students presented business proposals to a panel of Brunei Economic Development Board (BEDB) officials yesterday. The 24 students from Institut Teknologi Brunei (ITB) presented the proposals in a pitching session in which seven mock start-up companies were created.
Each of these companies then presented their respective business proposals and in return received input and suggestions on how these ideas could be further refined.
The pitching session was held as part of an ongoing 14-week engagement programme that the BEDB started in August with several institutes of higher education as part of its continuing efforts to expose and promote awareness among students in the areas of entrepreneurship and innovation.
As the BEDB explained in a statement, in the upcoming weeks, the participating seven start-ups will continue to enhance their business ideas and subsequently enter into an intense “Dragon’s Den” pitching session with several business and industry leaders in October this year.
Start-ups will also have the opportunity to promote their products and ideas to the general public during an event called ‘Demo Day’ that will take place this November.
In addition to ITB, the engagement programme currently involves Cosmopolitan College of Commerce and Technology and Institute of Brunei Technical Education.