Section 8

to support the development of business enterprises and assist them to expand and upgrade their businesses at start-up, growth and expansion stage through well-coordinated and well-aligned development programmes, including incubation and mentoring programmes;

to facilitate and assist market access of products and services produced by business enterprises through well-coordinated marketing strategies and plans;

to facilitate and assist business enterprises to acquire internationally recognised standards, certification and accreditation of their products and services;

to promote, facilitate and assist business enterprises to have business and industrial linkages with large business enterprises or conglomerates so that the business enterprises may spur and sustain their businesses;

Darussalam Enterprise

B.L.R.O. 8/2022 11

to monitor and evaluate indicators of business enterprises to better understand their impact on the economy as well as to make regional and international comparison;

to promote modernisation and technology innovation of business enterprises by encouraging and facilitating them to invest in new technology, automation, training and research and development;

to provide and promote financial assistance and facilities through grants, loans and equity financing to allow reasonable access to capital and encourage growth of business enterprises;

to build the capacity and capability of business enterprises through training, expert panel discussions, focus group discussions, business clinics, advisory services etc.;

to develop competency and entrepreneurism of business enterprises by promoting code of corporate governance, productivity, sound financial management, use of information technology, intellectual property rights etc. in their businesses;

to do all such other matters as may be incidental to or consequential upon the discharge of its functions under this Act.

the Darussalam Enterprise is deemed to be fulfilling the purposes of this Act;

the provisions of this Act apply to the Darussalam Enterprise in respect of such functions.