Rajasthan has been looking at opening its gates to Startups and has in recent past taken many such initiatives to boost the startup culture of the state. In a giant leap forward to strengthen the startup ecosystem in Rajasthan, the Chief Minister Vasundhara Raje launched India’s largest business incubator — the Bhamashah Techno Hub — in Jaipur.
The incubator will provide end-to-end support to startups, ranging from infrastructure, technology, angel funding, access to venture capitalists, mentorship, exposure to national and international organisations and experts and much more. At the moment 180 startups have already set their base at the Bhamashah Techno Hub.
The major benefits of this initiative are:-
1. The Centre offers a full-time, week-long onsite mentorship for incubated startups
2. It also provides operational advice, banking support, and guidance for intellectual property rights (IPR) laws and applications
3. At present, the centre boasts 50 mentors, all of whom are experts from various industries
4. The entrepreneurs will also be given access to state-of-the-art amenities and have a 360-degree approach to helping them succeed.
Rajasthan Government’s objective behind this incubation centre is to help startups propel through in-house and multi-level support. iStart Nest incubation centre in the capital city Jaipur is already running with 45 operating startups. Apart from this, incubation centres are successfully mentoring many startups in Kota, Udaipur and Jodhpur. In Rajasthan, a new digital initiative sees the light of the day almost every day, improving ease of doing business, healthcare delivery, agriculture, the startup ecosystem, and, most importantly, making ‘digital’ a part of every person’s life in the state.