Nurturing renewable energy entrepreneurs

|     Danial Norjidi     |

LiveWIRE Brunei launched its Energy Solutions (ES) Programme in partnership with Universiti Teknologi Brunei (UTB) on Monday.

According to a press release, the ES Programme is designed to develop awareness, entrepreneurial skills and ideas for viable business solutions for energy diversification and efficiency.

The programme’s objective is to develop potential entrepreneurs in renewable energy and create competitive and creative solutions on the use of natural sources of energy and converting waste to energy or repurposing waste into something useful.

The programme conducted for UTB students is divided into six modules – conducting marketing assessment, applying design thinking, developing a theory of change, developing a business model, building and managing teams, and developing a narrative. “Achieving Access to Energy (A2E) is an enabler to the Shell Purpose and #MakeTheFuture, and by introducing ES, would bridge the gap in bringing Brunei one step closer to power progress together by providing more and cleaner solutions,” said In-Country Value Manager of Brunei Shell Petroleum Company Sdn Bhd (BSP) and Chairman of the LiveWIRE Board of Directors Hajah Rosita binti Haji Hassan.

“By enabling and accelerating Brunei’s success in the energy transition, in line with Vision 2035 to diversify Brunei’s energy supply and improve energy efficiency, is crucial in creating shared value for society in terms of providing more people access to reliable, affordable, cleaner energy customers, unlocking new markets and contributing to a stable operating environment for Shell with local energy markets and supporting entrepreneurs and partners in the development of energy solutions.”

UTB students at the Energy Solutions (ES) Programme. – LIVEWIRE BRUNEI

Apart from raising awareness among UTB students and staff, the LiveWIRE ES Programme also provides mentoring of entrepreneurial students, post-delivery for development of business case, proto-type product and/or service.

It was also shared that submissions from the programme will be screened and successful applicants will then be channelled to the LiveWIRE Business Awards competition in May.

Upon successful selection, nominations will further progress to the Business Award Funding Scheme in July, where students will be given the opportunity to pitch their businesses. Should they meet the criteria, they will also potentially enter the oil and gas value chain.

LiveWIRE Brunei is a BSP Social Investment flagship which aims at grooming and mentoring current and future entrepreneurs.

The press release added that this is just one of BSP’s many commitments towards nurturing and developing local business competencies, capabilities and competitiveness for long-term sustainability of Brunei Darussalam’s private sector economy.