Project Overview (Scope of Work)

BEDB is seeking Proposals from suitably qualified Proposers for this project. In developing the Proposal, the Proposer should consider the objectives and key requirements prescribed below in the provision of, ‘Facilitator for Investment Readiness Programme [For Startups/MSMEs]’:

1.1 Programme Objectives

• Help startups/MSMEs understand the criteria investors use to assess investment opportunities.

• Guide startups/MSMEs in refining their business pitch and plan to present their proposal in an investor-friendly manner.

• Improve startups/MSMEs with financial knowledge, including cash flow management, valuation, and growth metrics.

• Cover the legal and regulatory aspects of fundraising, such as term sheets, shareholder agreements, etc.

• Ensure startups/MSMEs understand how to maintain transparent and effective relationships with investors during and after investment.

• Provide a comprehensive understanding of available funding options, including angel investment, venture capital, crowdfunding, accelerator programs, and other alternative financing mechanisms.

1.2 Target Audience

• Startups/MSMEs seeking alternative financing options such as from angel investors, venture capitalists, or other financing sources to scale their business.

• Startups/MSMEs seeking to refine their business models and financial strategies to become investment-ready.

• Startups/MSMEs looking to enhance their knowledge of the investment process, legal aspects of fundraising, and investor relations.

1.3 Programme Structure and Delivery

• Design a comprehensive 3-day programme covering key topics aligned with the objectives.

• Develop engaging learning materials such as presentations, case studies, and interactive sessions.

• Proposals should outline a delivery model that engages participants through physical workshops, aimed at maximising engagement and learning outcomes.

• Expected number of participants is 20 pax

1.4 Post-Programme (Value Added Support)

As part of the programme, BEDB would like to request for the Proposer to share the insights gained through the delivery of the programme in a report format.

This includes:

• Highlights of successful strategies

• Challenges encountered

• Other lessons learned

The insights can be gathered through surveys and feedback sessions with the participants. By sharing this insight the Proposer can support BEDB with the continuous improvement of the initiative.

Submission Format

Proposals must be clearly labelled as, ‘Facilitator for Investment Readiness Programme [For Startups/MSMEs]' and addressed to:

Brunei Economic Development Board (BEDB)

Design & Technology BuildingSimpang 32-37

Anggerek Desa Technology ParkKampong Anggerek Desa,

Bandar Seri Begawan BB 3713Brunei Darussalam

Proposals must be submitted to the above-mentioned address no later than 3.00 PM Brunei time (GMT+8) on 23rd December 2024.

Proposers are instructed to provide their RFP in the following formats:

Electronic submissions shall be submitted in two separate files or folders; one marked “technical submission” and one marked “commercial submission”, via e-mail to rfp@bedb.gov.bn.

All electronic submissions must be password-protected upon submission to RFP Secretariat, in which RFP Secretary will only request the password from Proposers at the close of submission deadline.

Proposals without password protection will be disqualified. A step-by-step guide on how to protect PDF files via https://smallpdf.com/protect-pdf is available on Appendix B).

Upon submission, RFP Secretariat will confirm receipt of the proposal. Please also take note our email can only receive attachments up to a maximum of 10MB.

Proposals lodged after the deadline will not be considered unless BEDB otherwise determines at its absolute discretion and without any obligation to do so that it is appropriate for a later Proposal to be considered.

BEDB will assign a reference number for any RFP issued. This reference number should be quoted in any correspondence and during Proposal submission.

Enquiries

Proposer requiring any clarification of the RFP may e-mail their questions to rfp@bedb.gov.bn with subject heading, “[RFP 24 11 00. Facilitator for Investment Readiness Programme [For Startups/MSMEs]]”. Copies of the BEDB response will be forwarded to all Proposers.

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