Gaedug biz col prestn

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1 Entrepreneursh Entrepreneursh ip ip in in Bhutan Bhutan

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Transcript of Gaedug biz col prestn

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EntrepreneurshipEntrepreneurship in in

Bhutan Bhutan

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BackgroundBackground

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Business Opportunity and Information Centre

(BOIC)

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Entrepreneurship Promotion Centre (EPC)

1990

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MandateMandate

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To Promote entrepreneurship and enterprises in micro, small and medium enterprises

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Roles and FunctionsRoles and Functions

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Business Development Services

Business Advisory Services

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Training InterventionTraining Intervention

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Business Orientation Workshop

Business Awareness Workshop

Customer Relationship

Salesmanship

Book keeping and Accounting

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Training InterventionTraining Intervention

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Basic Entrepreneurship Course

Comprehensive Entrepreneurship Course

Entrepreneurial Skills Development Training

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Non-Training ServicesNon-Training Services

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Basic pep-talk on biz ownership &

management

Technical assistance in preparing business

plan

Procurement

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AccessAccess to to

CreditCredit

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EDP Loan SchemeEDP Loan Scheme

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Capital Fund – Nu. 100 million

Bank of Bhutan

Royal Insurance Corporation of Bhutan

Bhutan Development Finance Corporation

Bhutan National Bank

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EDP Loan SchemeEDP Loan Scheme

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Types of Facility

Term Loan

Overdraft @ 12% p.a

Equity @ 15% of FIC

Bhutan National Bank

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EDP BeneficiariesEDP Beneficiaries

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Address financing needs of individuals to successfully complete CEC

17 CEC

298 unemployed youth

47 business start-ups

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Status EDP BeneficiariesStatus EDP Beneficiaries

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Credit Guarantee SchemeCredit Guarantee Scheme

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Address the financing needs of individuals who successfully undergo BEC

Collateral free loans up to Nu 500, 000

Loss-Sharing facility in the event of failure

Vocational Skills

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CGS BeneficiariesCGS Beneficiaries

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5 Batches BEC

89 unemployed youth

33 business start-ups

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Status BEC BeneficiariesStatus BEC Beneficiaries

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PlansPlans for for

2010/112010/11

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Physical IndicatorsPhysical Indicators

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Conduct 4 batches of CEC for 400 aspiring entrepreneurs

Conduct 4 batches BEC for 400 aspiring entrepreneurs

Initiate Business Incubation Programme

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Q&AQ&A

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TASHI DELEKTASHI DELEK