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EDUCATION
On January 16, 2019, Laksamana College
of Business (LCB) launched LCB Incuvation
Centre, a workspace for start-ups and aspiring
entrepreneurs. The launch of LCB Incuvation
Centre is a collaboration between LCB and MINI
Brunei (QAF Auto Sdn Bhd), officiated by British
High Commissioner to Brunei Richard Lindsay.
“Britain is a nation of entrepreneurs. Their
products, services, technology, innovation and
ideas have given the world some of its most
iconic brands,” said British High Commissioner
Richard Lindsay. “Take for example Sir Richard
Branson, the CEO of the Virgin Group; Sir Paul
Smith, Britain’s foremost designer; and Sir
James Dyson, a phenomenal engineer and
inventor of innovative creations – Dyson Ball
vacuum cleaners.”
Lindsay highlighted that every country
“needs entrepreneurs, people who think for
themselves, creative people bursting with
energy and ideas.” People “who don’t ask,
‘What can you do for me’, but go out to create
[things] for themselves”.
“These people create wealth. They create
opportunities. They deliver growth. So this is
LCB Incuvation Centre for aspiring entrepreneurs
exactly what is needed to deliver Brunei Vision
2035,” said Lindsay.
Lindsay outlined three ingredients that entre-
preneurs need to succeed in any environment:
a good business environment, access to finance
and a society that encourages creativity and
learns from business experiences.
“It is very fitting that this Centre for Innovation
Incubation and Entrepreneurship is a
partnership between LCB, which represents
some of the best in British education in Brunei,
and QAF MINI, which represents some of the
most significant and iconic British car designs in
history,” said Lindsay.
According to LCB’s Chief Operating Officer
Sivarajah Subramaniam, ‘incuvation’ is a
combination of incubation and innovation.
The LCB Incuvation Centre will provide
mentors, workstations, intellectual property
(IP) consultation, legal advisory services and
business training programmes to entrepreneurs
and start-ups in ICT, eco-tourism, business and
social Impact.
“The incubation centre is an important
contribution to the sustainable growth of the
country. Its business model and services are
tailored to local needs and realities,” said
Subramaniam.
Subramaniam added that LCB shared the same
vision with QAF MINI in providing support to
aspiring entrepreneurs, in line with His Majesty
Sultan Haji Hassanal Bolkiah Mu’izzaddin
Waddaulah ibni Al-Marhum Sultan Haji Omar
‘Ali Saifuddien Sa’adul Khairi Waddien, Sultan
and Yang Di-Pertuan of Brunei Darussalam’s
vision of creating more entrepreneurs and
increasing employment in Brunei.