LiveWIRE Brunei Business Awards organised specifically for young and enterprising people in Brunei Darussalam is designed to reward and recognized those who are outstanding in their Business planning and existing business operations.
The LiveWIRE Brunei Business Awards programme is an integral part of LiveWIRE International Programme organised around the world. This year the LiveWIRE Brunei Business Awards is fully funded by Brunei Shell Petroleum (BSP) Sdn Bhd |
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| TYPES OF AWARDS CATEGORIES: |
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Category A – Business Plan |
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| A1 – Upper Secondary School (Forms 4-5)* |
| A2 – Sixth Forms (Lower & Upper 6)* |
| A3 – Technical and Vocational (Colleges)* |
| A4 – Institutions of Higher Learning (UBD & ITB)* |
| A5 – LiveWIRE Course Participants |
| A6 – Open Category |
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Students from other private schools, institutions of higher learning or colleges are also invited to participate. |
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Category B – Business Start Up |
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| B1 – LiveWIRE Business Network (LWBN) Traders Awards*(NEW) |
| B2 – LiveWIRE Brunei Special Awards* (Minimum 3 years in Business) |
| B3 – Open Category (Minimum 6 months – 3 years in Business) |
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Applicable for previous LiveWIRE programme participants only. |
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*Industry Focused – Special Preferences
This year as part of our initiative to encourage people to produce business plans that makes a difference. LiveWIRE Brunei has introduced a concept that is of industry focused. Participants are required to explore business ideas in different industries of the economy that will make contribute to the nation’s national interests.
Any business plans or business ideas that falls in any of these industries will be given extra scores/points.
The list of industries are as follows: |
A. Agriculture
B. Tourism
C. Education
D. Fisheries
E. Environment
F. Local Product includes, |
i. Art & Handicraft
ii. Kayu Asli,
iii. Tongkat
iv. Local Herbs and many others |
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| G. Other Service Industries |
i. Transportation
ii. Maintenance
iii. Communications
iv. Human Resources
v. Management services
vi. Consultancies |
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H. Retailing Business
I. Import & export Businesses
J. Distributing Agent |
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| RULES AND REGULATIONS |
| Entry Requirements |
| For all categories of awards, participants must comply with the following requirements: |
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Be citizen or permanent residents of Negara Brunei Darussalam |
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In the context of partnerships’ businesses, permanent residents can participate as a member of a team or as partner. However, 50% of team members must comprise of citizens of Brunei Darussalam. |
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Each group or team entry is limited to a maximum of five(5) members only. |
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Participant(s) are required to submit a total of 6 sets of Business plan, 1 original set and 5 photocopied sets. |
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No softcopy or email, PDF copy of Business plan will be entertained. |
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Participant(s) must attach the original Awards Entry Forms together with the submission of Business plan. |
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Participant(s) must also submit photocopies of Identity Cards, including those of team members or partners. |
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Business Plan(s) that had previously won any awards or prizes in any previous competitions are not eligible for submission. |
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| In addition to the entry requirements mentioned above, the following conditions shall be applicable to the respective categories: |
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Category A – Business Plans Awards |
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- Participants must be aged below 31 years old within the year ended 30th June 2009 – (Applicable for Category A1-A4)
- The Business plan submitted must not have been used previously to start a business or entry for other business awards.
- For Category A1 to A4, all participants must be full-time students of schools and other private educational institution(s) in Negara Brunei Darussalam.
- Participants from A1 to A4, the entry forms must be endorsed and signed by the principals or teacher in charge of their respective schools or instituitions.
- For Category A5, participants must have attended the LiveWIRE Brunei Training programme i.e. Bright Ideas (BI) or/and Become A Successful Owner Manager (BSOM) workshops.
- Category A6 is for participants that do not fall into any of the above mentioned categories.
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Category B – Business Start –Up Awards |
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B1 – LiveWIRE Brunei Business Network (LWBN) Traders Awards |
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- Specifically open for all participants who are currently occupying the LWBN traders centre.
- Maximum age limit not exceeding 40 years old by 30th June 2009.
- Business plan must specifically includes financial statements to be able to judge on company financial performances.
- Current Business operations must not exceed 3 years.
- Participants must enclose copies of their certificate of registration (Certificate 16 & 17), Lesen Rampaian (If Appropriate) and other relevant documents.
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B2 – LiveWIRE Special Awards |
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- Participants must have attended two or more of the LiveWIRE Brunei Business Programme and/or be a member of LiveWIRE Business Network.
- The existing business must be in operations for a minimum of 3 years.
- Participants are required to submit a Business Development Plan instead of the conventional Business Plan.
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Business/Development Plan
- The main body of the Business Plan Submitted must not be more than 30 pages of A4 size paper, excluding the appendices. Any other supporting data, information or documents must be placed in the appendices.
- Participants are encouraged to use Arial Font of Minimum size 12 and line spacing of 1.5 for the plans.
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B3 – Open Category |
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- Participants must have a legal business operating in Negara Brunei Darussalam.
- The existing business must have been in operation or trading for six months or more.
- Participants must be aged at least 31 years when the business started.
- If the business is in a Partnership or Sendirian Berhad, 50% partners or directors must be citizens of Negara Brunei Darussalam.
- Participants must enclose copies of their certificate of registration (Certificate 16 & 17), Lesen Rampaian (If Appropriate) and other relevant documents.
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JUDGING PROCESS |
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Participants must be prepared to provide additional information or data upon request of the judges. |
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Short-listed entrants shall be invited to make a presentation of their Business Plans in front of a panel of judges. A maximum of two representatives are allowed to make the presentations. |
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For category B, the judges will be visiting the business premises of the short listed candidates. |
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The judges reserve the rights to penalize and/or disqualify any entrants that do not meet the required standards and entry criteria. |
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All decision made by the panel of judges are final. |
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| PRIZES |
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All the entrants will receive a Certificates of Participation. All winners and runner-up will receive winning trophies, certificaties of appreciation and cash prizes.
The cash prizes allocated for each Category are as follows: |
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| Category A |
A1 |
Winner : B$1,000.00 |
Runner - up (x2) : B$500.00 |
A2 |
Winner : B$1,200.00 |
Runner – up (x2) : B$600.00 |
A3 |
Winner : B$1,200.00 |
Runner – up (x2) : B$600.00 |
A4 |
Winner : B$1,500.00 |
Runner – up (x2) : B$750.00 |
A5 |
Winner : B$1,500.00 |
Runner – up (x2) : B$750.00 |
A6 |
Winner : B$1,500.00 |
Runner – up (x2) : B$750.00 |
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| Category B |
B1 |
Winner : Overseas Enchantment Skills |
Runner – up (x1) :
Overseas Enchantment Skills |
B2 |
Winner : Overseas Enchantment Skills |
Runner – up (x1) :
Overseas Enchantment Skills |
B3 |
Winner : B$6,000.00 |
Runner-up (x2) : B$2,000.00 |
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| Judges reserve the rights not to award any prizes and/or reduce the amount of cash prizes if the business plan(s) submitted does not meet the required standards as set up by the judges. |
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CLOSING DATE OF ENTRIES :
FRIDAY - 14th AUGUST 2009 by 4:00pm |
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Notes:
- Any entries received after the closing date and time will not be accepted.
- All Submission must be delivered by hand and in hardcopy format.
- No Email or softcopy format of the business plan will be entertained.
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For more information, please contact us at LiveWIRE Brunei Centre on 2220964 or email us at enquiry@livewire-brunei.com
The LiveWIRE Brunei Business Awards 2008-2009 is fully funded by Brunei Shell Petroleum as part of Brunei Shell Social Investment and community development programmes. |
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