Inauguration of the Business Incubation Unit (BIU)

Honorable Lyonpo, Ngeema Sangay Tshempo inaugurated the Business Incubation Unit (BIU) on 28th June 2017 at Institute of Zorig Chusum, Thimphu.

The objective of the Unit is to promote employability amongst the graduates of TTIs and IZCs and to further consolidate the skills and knowledge of trainees.

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The Unit will operate as an Incubator to provide TTI/IZC graduates with real work experience and it will also help them in building confidence in handling real life projects. The Unit will contribute in meeting the demand for national skilled workers.

RGoB will support the initial set up of the unit, recurrent cost in terms of permanent staff emoluments, rental charges of office space and miscellaneous office expenses. Procurement and cost of materials and specialized equipment required for execution of the work is to be met by the clients. The setting up of the Business Incubation Unit is fully funded by RGoB.

At the same time, Business Incubation Unit in Technical Training Institute (TTI) – Khuruthang was also inaugurated today.