‘Bhamashah Techno Hub’ inaugurated in Jaipur: All you need to know about start-up incubation center

Jaipur: Rajasthan Chief Minister Vasundhara Raje on Thursday inaugurated the country’s largest technological center ‘Bhamashah Techno Hub’ at Jhalana Institutional Area in Jaipur.

The government aims at promoting aspiring entrepreneurs to scale up their start-ups’ growth. CM Raje wrapped a saree around one of the robots as a gesture of Rajasthan’s development in the field of technology.

CM Raje addressed the entrepreneurs in the event and said that the people have started to adapt and understand that digital is the future. The state will achieve a new milestone by funding Rs 500 crore to young entrepreneurs for their start-ups.

The Bhamashah scheme has proved revolutionary for the state, Raje said adding that Rajasthan will be the first state to send 100 youths to the Silicon Valley. The robot installed on the stage said ‘Jai Jai Rajasthan’ to the CM in the event.

Chief secretary DB Gupta, Mayor Ashok Lahoti, IAS officer Mukesh Sharma, Akhil Arora and MLA Mohanlal Gupta were present along with CM Raje at the inauguration function.

CM Raje encouraged aspiring entrepreneurs to fulfill and live their dreams.

CM Raje during the inauguration event of ‘Bhamashah Techno hub’ in Jaipur.

The Bhamashah Techno hub is spread over 1.50 lakh square feet giving incubation space to 700 startups. The project’s construction cost is estimated to be around Rs 72 crore. The Rajasthan government has announced a contribution of Rs 500 crore as a start-up fund to the Jaipur’s techno hub. Of this amount, Rs 50 crore will be dedicated to green start-ups and Rs 100 crore to woman start-ups.

The government aims at fostering innovation, creating employment, and facilitating investments in the state, as per the Additional Director of Department of Information Technology and Communication (DoIT) RK Sharma.

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 said, Akhil Arora, Principal Secretary, the Department of Information and Technology and Communications.

According to RKCL MD Ravindra Shukla, the hub will provide exposure to the young entrepreneurs with proper monitoring and mentoring by the experts.

The evaluation of the startups will be done in every four months. There will be on-site consultants to provide guidance and to ensure the overall development and promotion of the startups stationed here.

The hub will also focus on growing personal skills of entrepreneurs and has created various labs to stimulate creativity and imagination among entrepreneurs to help them learn self-development skills like adaptive learning, computational thinking, physical computing and lot more.