Atal Incubation Centre (AIC) -BIMTECH Unites India and Bhutan to Strengthen Cross-Border Innovation and Entrepreneurship

Bengaluru, 7th April 2025: Birla Institute of Management Technology (BIMTECH), a leading business school in India, welcomed a high-level delegation from Bhutan. The visit marks a significant step toward strengthening cross-border entrepreneurial relations between India and Bhutan.

With India’s rapidly growing startup ecosystem and Bhutan’s aspirations to emulate similar success, this partnership promises mutual growth and long-term impact. The Bhutanese delegation, led by Kunzang Lhamu, Director General of Employment and Entrepreneurship, Royal Government of Bhutan, expressed keen interest in AIC-BIMTECH’s structured incubation programs, such as Khoj, Prarambh, Gurukul, and Udaan. The Discussions covered the potential for long-term mentorship agreements and sector-specific collaborations with India’s Centers of Excellence.

Additionally, the visit also throw light on how Bhutan is considering policy reforms drawing from India’s revolutionary startup ecosystem, specifically models such as Startup India and the Samridh Scheme. The Bhutanese delegation is interested in adopting these models to develop a entrepreneurial environment in Bhutan with an emphasis on mentorship, funding, and industry-specific partnerships.

Following the visit, Dr. Prabina Rajib; Director; BIMTECH, stated, “This visit is a vision shared by both countries to empower entrepreneurs and develop strong, sustainable ecosystems that can flourish across borders. We are confident that this partnership will open the door for Bhutan to develop its own vibrant startup ecosystem, drawing inspiration from India’s inspiring journey.”

A follow-up is planned after six to twelve months to monitor measurable indicators like funds raised, startup development, and policy frameworks that favor entrepreneurship in Bhutan. This follow-up will incorporate the development of incubation centers in Bhutan to foster talent developed within and create a booming startup culture competitive at the world level.

BIMTECH’s partnership with Bhutan promises to be a turning point in South Asian cross-border entrepreneurship, providing new opportunities for joint development, knowledge exchange, and the creation of robust, sustainable startup ecosystems throughout the region

Atal Incubation Centre- BIMTECH (AIC-BIMTECH) is a sector-agnostic business incubator which aims to create economic and social impact through entrepreneurship. It is an effort by Atal Innovation Mission, NITI Aayog, which is Government of India’s flagship initiative and supported by Birla Institute of Management Technology (BIMTECH) to create and promote a culture of innovation and entrepreneurship across institutions.

Inspired by its founders Late Basant Kumar Birla and Sarala Birla, BIMTECH pioneered innovative programs like PGDM, PGDM-International Business (IB), PGDM-Retail Management (RM), and PGDM-Insurance Business Management (IBM), nurturing individuals into global leaders. Also, BIMTECH is now AACSB accredited, joining the Ivy League of Top Globally Recognized B-Schools. Fostering a symbiotic relationship, the institute excels in management education, supported by its globally placed robust alumni network of over 8000 individuals.

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