Following our successful meeting with DARe in 2018 and interest shown by members, BBBF have agreed to provide informal mentoring to start-up companies incubated by DARe. The Memorandum of Understanding was signed on 12 September 2018 by William Martin, Chairman, and Javed Ahmed, CEO DARe at DARe’s headquarters. His Excellency Richard Lindsay, British High Commissioner also attended and addressed the audience before meeting some of the DARe companies under incubation. 

Under the MoU, BBBF members will have the opportunity to meet Brunei’s new entrepreneurs in informal surroundings and, if they like what they see, to become mentors to those companies on terms they agree direct with the company. There is no legal obligation on either side; mentors can choose to spend as much or as little time as they like on their advisory duties. 

This marks a genuine step forward to BBBF’s efforts to bring British and Brunei businesses closer together and provides an excellent opportunity for BBBF Members who do not do so already to support aspiring entrepreneurs in Brunei. We look forward to seeing how it will evolve over time.