Entrepreneurship  in  Bhutan
Background
<ul><li>Business Opportunity and Information Centre (BOIC) </li></ul>
<ul><li>Entrepreneurship Promotion Centre (EPC) </li></ul><ul><li>1990 </li></ul>
Mandate <ul><li>To Promote entrepreneurship and enterprises in micro, small and medium enterprises </li></ul>
Roles and Functions <ul><li>Business Development Services </li></ul><ul><li>Business Advisory Services </li></ul>
Training Intervention <ul><li>Business Orientation Workshop </li></ul><ul><li>Business Awareness Workshop </li></ul><ul><l...
Training Intervention <ul><li>Basic Entrepreneurship Course </li></ul><ul><li>Comprehensive Entrepreneurship Course </li><...
Non-Training Services <ul><ul><li>Basic pep-talk on biz ownership & management </li></ul></ul><ul><ul><li>Technical assist...
Access to  Credit
EDP Loan Scheme <ul><li>Capital Fund – Nu. 100 million </li></ul><ul><ul><li>Bank of Bhutan  </li></ul></ul><ul><ul><li>Ro...
EDP Loan Scheme <ul><li>Types of Facility  </li></ul><ul><ul><li>Term Loan  </li></ul></ul><ul><ul><li>Overdraft @ 12% p.a...
EDP Beneficiaries <ul><li>Address financing needs of individuals to successfully complete CEC </li></ul><ul><li>17 CEC  </...
Status EDP Beneficiaries
Credit Guarantee Scheme <ul><li>Address the financing needs of individuals who successfully undergo BEC </li></ul><ul><li>...
CGS Beneficiaries <ul><li>5 Batches BEC  </li></ul><ul><li>89 unemployed youth </li></ul><ul><li>33 business start-ups </l...
Status BEC Beneficiaries
Plans for  2010/11
Physical Indicators <ul><li>Conduct 4 batches of CEC for 400 aspiring entrepreneurs </li></ul><ul><li>Conduct 4 batches BE...
Q&A
TASHI DELEK
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Gaedug biz col prestn

  1. 1. Entrepreneurship in Bhutan
  2. 2. Background
  3. 3. <ul><li>Business Opportunity and Information Centre (BOIC) </li></ul>
  4. 4. <ul><li>Entrepreneurship Promotion Centre (EPC) </li></ul><ul><li>1990 </li></ul>
  5. 5. Mandate <ul><li>To Promote entrepreneurship and enterprises in micro, small and medium enterprises </li></ul>
  6. 6. Roles and Functions <ul><li>Business Development Services </li></ul><ul><li>Business Advisory Services </li></ul>
  7. 7. Training Intervention <ul><li>Business Orientation Workshop </li></ul><ul><li>Business Awareness Workshop </li></ul><ul><li>Customer Relationship </li></ul><ul><li>Salesmanship </li></ul><ul><li>Book keeping and Accounting </li></ul>
  8. 8. Training Intervention <ul><li>Basic Entrepreneurship Course </li></ul><ul><li>Comprehensive Entrepreneurship Course </li></ul><ul><li>Entrepreneurial Skills Development Training </li></ul>
  9. 9. Non-Training Services <ul><ul><li>Basic pep-talk on biz ownership & management </li></ul></ul><ul><ul><li>Technical assistance in preparing business plan </li></ul></ul><ul><ul><li>Procurement </li></ul></ul>
  10. 10. Access to Credit
  11. 11. EDP Loan Scheme <ul><li>Capital Fund – Nu. 100 million </li></ul><ul><ul><li>Bank of Bhutan </li></ul></ul><ul><ul><li>Royal Insurance Corporation of Bhutan </li></ul></ul><ul><ul><li>Bhutan Development Finance Corporation </li></ul></ul><ul><ul><li>Bhutan National Bank </li></ul></ul>
  12. 12. EDP Loan Scheme <ul><li>Types of Facility </li></ul><ul><ul><li>Term Loan </li></ul></ul><ul><ul><li>Overdraft @ 12% p.a </li></ul></ul><ul><ul><li>Equity @ 15% of FIC </li></ul></ul><ul><ul><li>Bhutan National Bank </li></ul></ul>
  13. 13. EDP Beneficiaries <ul><li>Address financing needs of individuals to successfully complete CEC </li></ul><ul><li>17 CEC </li></ul><ul><li>298 unemployed youth </li></ul><ul><li>47 business start-ups </li></ul>
  14. 14. Status EDP Beneficiaries
  15. 15. Credit Guarantee Scheme <ul><li>Address the financing needs of individuals who successfully undergo BEC </li></ul><ul><li>Collateral free loans up to Nu 500, 000 </li></ul><ul><li>Loss-Sharing facility in the event of failure </li></ul><ul><li>Vocational Skills </li></ul>
  16. 16. CGS Beneficiaries <ul><li>5 Batches BEC </li></ul><ul><li>89 unemployed youth </li></ul><ul><li>33 business start-ups </li></ul>
  17. 17. Status BEC Beneficiaries
  18. 18. Plans for 2010/11
  19. 19. Physical Indicators <ul><li>Conduct 4 batches of CEC for 400 aspiring entrepreneurs </li></ul><ul><li>Conduct 4 batches BEC for 400 aspiring entrepreneurs </li></ul><ul><li>Initiate Business Incubation Programme </li></ul>
  20. 20. Q&A
  21. 21. TASHI DELEK

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