In a bold move to support entrepreneurship and foster innovation, the government has committed $100 million to a new venture capital fund. Announced on His Majesty the King’s birthday, this initiative aims to stimulate economic growth and strengthen Bhutan’s private sector.
The fund will primarily focus on high-growth sectors like technology, manufacturing, and green energy. With 50% of the funding coming from the government and the rest from international venture capital, the initiative is designed to be both financially backed and strategically managed by an experienced firm.
Beyond financial support, the government plans to offer mentorship, accelerator programs, and business development services to help local startups thrive. Entrepreneurs with scalable, innovative business models aligned with Bhutan’s long-term economic vision will be prioritized.
This venture capital fund marks a significant step in shaping a vibrant startup ecosystem and enhancing the business landscape in Bhutan.
