The Basic Entrepreneurship Course (BEC) on New Business Creation (NBC) for retrenched employees of the PHPA-I at Bjimthangka, Wangdue Phodrang has been organized by the Entrepreneurship Promotion Division (EPD) under the Department of Employment and Entrepreneurship (DoEE), Ministry of Industry, Commerce and Employment (MoICE) in collaboration with the PHPA-I at Bjimthangka, Wangdue Phodrang.
The program was conducted from 4th to 20th January, 2023 to train and equip those interested in taking up business in different fields and support putting their ideas into action.
Opening Ceremony graced by Chief Personnel & Administration of PHPA-I and Official from MoICE, trainer and participants.
The course covered the fundamentals of business management such as marketing, production, organization & management, financial literacy and networking among relevant organizations for support to startup businesses. With the efforts of the Trainers who customized the course according to the needs of the target group, the participants were able to come up with their own business ideas. Trainees were also taught the finer aspects of entrepreneurial soft skills and business plan preparation. The training course culminated in the preparation and presentation of a business plans by the participants to bankers based on their individual business ideas to test the viability and get first-hand feedback from funding agencies.
Twenty five business proposals were pitched, with a majority of the ideas related to production and 5 related to the services sector. There were a total of 26 participants consisting of 7 males and 19 females with educational qualifications ranging from uneducated to class twelve graduates.
Closing of the BEC conducted at PHPA-1, Bjmithangka
The closing ceremony was graced by the Director of Finance (PHPA I), Representatives from the MoICE, the Chief Audit Officer (PHPA I), participants and the two Facilitators. The participants were informed on the various programs of the MoICE and other relevant government agencies and post-skilling initiatives such as up-skilling and re-skilling, engagement programs and the placement and referral services that were provided.
The Chief Guest talked about the importance of self-reliance and the need to take initiatives towards improving the economic growth of the country. In view of his connections with entrepreneurs and clients in the region especially India, he offered his help in linking the Bhutanese entrepreneurs.
The closing ceremony concluded with the awarding of certificates to the participants and cash prizes of Nu. 50,000 each to the 4 best business ideas. The top four business ideas were:
- Leki Diaper
- Pelden Mushroom Farm
- Puwdel Fish Farming
- Zhenphen Hot Stone Bath
The MoICE will continue to monitor and track all the participants of the BEC and provide any post-skilling support necessary to support their business ideas.
