Thim­phu TechPark trains 587 youth to be en­trepreneurs

Business Bhutan - - Nation - Pema Choki from Thim­phu

Bhutan In­no­va­tive and Tech­nol­ogy Cen­ter (BITC) in Thim­phu TechPark (TTP) has trained 587 par­tic­i­pants, mostly youth to be en­trepreneurs in nine dzongkhags since Septem­ber last year.

A mem­o­ran­dum of un­der­stand­ing to train 600 youth un­der the en­trepreneur­ship course was signed be­tween BITC and the De­part­ment of Em­ploy­ment, Min­istry of La­bor and Hu­man Re­sources (MoLHR) on Au­gust 16, 2017.

TTP has sched­uled to train 110 more youth in the next three train­ing pro­grams to be held at Samtse, Pema­gat­shel and Da­gana.

“We in­tend to train more than the tar­get num­ber.We are still train­ing three more batches,” said the CEO of BITC, Tsh­er­ing Ci­gay Dorji.

The train­ing is be­ing pro­vided to ful­fill one of the two man­dates of the com­pany: to pro­mote en­trepreneur­ship and in­no­va­tion op­por­tu­ni­ties in the coun­try and to curb unem­ploy­ment. The techpark in­cludes an in­cu­ba­tion cen­ter and con­ducts sem­i­nars and work­shops as part of en­trepreneur­ship train­ing.

BITC pro­vides safemethod en­trepreneur­ship train­ing to en­hance in­no­va­tive busi­ness ideas and skills.

Ac­cord­ing to the train­ing co­or­di­na­tor, Tshe­wang Dorji, the techpark in­ter­acts and pro­vides con­sul­ta­tion to the par­tic­i­pants.

“They are trained by re­source per­sons from dif­fer­ent agen­cies and from dif­fer­ent coun­tries,” he said.

Tshe­wang Dorji added that there are en­thu­si­as­tic par­tic­i­pants who want to learn and are easy to groom.

The Druk Hold­ings and In­vest­ments (DHI)owned com­pany, Thim­phu TechPark, started op­er­a­tion as Bhutan’s first IT park in 2012. It is sup­ported by the De­part­ment of In­for­ma­tion and Tech­nol­ogy and Tele­com and Min­istry of In­for­ma­tion and Com­mu­ni­ca­tions. Other sup­port­ers in­clude the World Bank.

The techpark is de­vel­oped jointly by DHI and As­setz prop­erty group of Sin­ga­pore and rents its space to seven for­eign di­rect in­vest­ment (FDI) in­for­ma­tion tech­nol­ogy (IT) com­pa­nies from the USA, Canada, Aus­tralia, Switzer­land, Bangladesh and In­dia. As of now, 745 youths are em­ployed in var­i­ous FDI com­pa­nies un­der TTP.

The techpark pro­vides two types of en­trepreneur­ship train­ing: the ba­sic en­trepreneur­ship train­ing is pro­vided to class XII grad­u­ates for 15 days while the ad­vanced en­trepreneur­ship train­ing is pro­vided to univer­sity grad­u­ates for 21 days. For the fi­nan­cial year 2017, the par­tic­i­pants were pro­vided a daily stipend of Nu 100.

Mean­while, the con­struc­tion of a sec­ond IT Park build­ing by the techpark within its fiveacre premise is un­der­way. The new IT build­ing is ex­pected to cost Nu 77mn and is one third the size of the ex­ist­ing TTP build­ing. The new IT build­ing is ex­pected to rent out space to one more FDI IT com­pany and em­ploy about 300 Bhutanese. It also ex­pects to earn for­eign ex­change through ex­port of ser­vices in the IT sec­tor.

BITC has also ini­ti­ated a sep­a­rate pro­gram such as Busi­ness Idea Com­pe­ti­tion of Bhutan and StartUp week­end which fo­cus on pro­vid­ing men­tor­ship and con­sul­tancy to par­tic­i­pants across the coun­try. The fifth edi­tion of StartUp week­end in col­lab­o­ra­tion with the UNDP con­cluded re­cently.

Apart from the en­trepreneur­ship train­ing, BITC con­ducts train­ing and work­shops on lead­er­ship, man­age­ment, fi­nance, cus­tomer ser­vice and busi­ness devel­op­ment.

Newspapers in English

Newspapers from Bhutan

© PressReader. All rights reserved.