In order to make MSMEs a major contributor to Brunei Darussalam's economic
development, there needs to be in place well-coordinated and structured
development programs and initiatives to support and encourage their growth.
Business mentorship can be a highly effective and impactful way to improve business
performance if implemented and coordinated efficiently.
Brunei Mentors for Entrepreneurs Network (BMEN) aims to serve as an impact
initiative that promotes positive growth of Brunei businesses, in particular early stage
start-ups and MSMEs by connecting them to business mentors through an
effective, well-coordinated and well-structured mentorship program.
Established in close collaboration with ASEAN Business Advisory Council of Brunei
Darussalam (ASEAN-BAC Brunei), this initiative brings together business mentors
comprising successful entrepreneurs, industry experts, professionals as well as
academics from across various industries and business backgrounds, who are willing
to share their knowledge, skills and experience, and provide mentorship on a
voluntary basis. Furthermore, BMEN mentors will also have the opportunity to be part
of and have access to diverse expertise and mentoring resources provided by the
regional network, such as ASEAN Mentorship for Entrepreneurs Network (AMEN).
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Besides encouraging them through promotional campaigns, entrepreneurs must be assisted to develop. More importantly, they need guidance to start and manage their businesses until they succeed. This is crucial, as not all entrepreneurs possess the necessary business acumen.
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His Majesty Sultan Haji Hassanal Bolkiah Mu'izzadin Waddaulah ibni Al-Marhum Sultan Haji Omar 'Ali Saifuddien Sa'adul Khairi Waddien, Sultan and Yang Di-Pertuan of Brunei Darussalam during his Titah in conjunction with the Special Cabinet Ministers' meeting on 7 February 2018
The role and function of BMEN is to bring together business mentors from across the
nation and target personal development of MSMEs and startups who need assistance
in specific areas, expertise or knowledge in starting, managing and expanding their
business.
The network serves as a platform to encourage voluntary participation of mentors to
respond to development needs of Brunei MSMEs and startups through effective and
impactful mentorship program.