Project in Brunei

Goals of Brunei project :

- To present the global approach to cluster development for SME competitiveness
- To present the concept & steps of cluster development
- To present the role of Ministries, Facilitating agency, Implementing agency, SME's, Banks, R&D institutions, Academy, Business development service[BDS] provides etc. to achieve success in cluster development implementation.
- To understand and present the status of present cluster development movement in Brunei
- To understand the sectoral importance of cluster development of Brunei industries sectors
- To engaged the stakeholders in an interactive session on their expectations from such an approach.
- To decide on next steps & to chose a pilot project for implemenation

What is competitiveness ?
Brueni vision 2035 & Role of SME's

- by increasing the productivity of the companies in the cluster.
- by driving innovation in the field
- by simulating new business in the field.

Brunei country mapping - Roles

SME issues in Brunei

SMEs struggle with a range of issues across their value chains, from finance to marketing and sales. Cluster approach is a solution to several of these issues.

Issues

Single handed run business
Family run business
MIS gap
Information on access to export markets
Usage of IT/Websites/Portals/Internet
Business tour to expert markets
Stock and sell
Professional managers
Finance
BDS

What is Required

Time management
Decision management
Systems & Training
Market intelligence, search technique
Role of younger generation
Methodology, B2B, B2C models
Risk taking ability
Trust & systems
Sources & methods
Sensitization & access