Bhamashah Techno hub for start-ups

Jaipur, Aug 23 : With elections round the corner, the government is now trying to woo youths by creating jobs and space for them and partly fulfill its promise of providing 15 lakh jobs in the past five years.

Keeping this view, Chief Minister Vasundhara Raje today inaugurated the Bhamashah Techno Hub here that will provide free space, easier funding avenues, connectivity, mentorship and exposure to budding startups.

The hub would be able to accommodate over 700 startup ventures with an 1.50 lakh square feet of incubation space and also help them get connected with potential investors.

While inaugurating the hub, Raje said : “We have encouraged digitalization in different government services and schemes to provide entrepreneurs and start-ups a techno-savvy environment, so that they get more opportunities to hone their skills. We want our youth to be technologically advanced so that we are able to build a new Rajasthan.

Raje added that Rajasthan has become the first state to send 100 youths to the Silicon Valley.

Akhil Arora, principal secretary, department of Information and Technology said : “We have created the Hub so that all requirements of startups by way of co-working space and connecting with mentors as well as funding agencies are met under one-roof.

“Not only Rajasthan’s own startups but other startups… can come, get registered in the state and start operating from here,” Arora said.

The entrepreneurs will get necessary guidance, nurturing, potential investors, incubation space and financial help for their start-up up to one year. It is equipped with all the facilities like high-speed internet, meeting or conference rooms, restaurant, gym, auditorium, restroom, personal and shared office space, digital museum and other necessary facilities.

The state government has already announced setting up of a Rs 500-crore startup fund – Bhamashah Techno Fund. Out of the total amount, Rs 50 crore has been earmarked for green startups and Rs 100 crore for women startups.

But the opposition Congress is not pleased. There are voices against the TechnoHub. Listen in



Leave a Reply

Your email address will not be published. Required fields are marked *