Jabchor
Inspired by the concept of Angel Investors
To humbly join the nation in commemorating 12 Years of His Majesty’s benevolent reign, the Royal Monetary Authority of Bhutan launched Jabchor – a platform to support youths in nurturing and scaling their business ideas through access to equity financing.
In keeping with the national responsibility of responding to concerns and aspirations that emanate from the Royal Throne, the RMA partnered with the Ministry of Economic Affairs, the Royal Securities Exchange of Bhutan, the Thimphu Tech Park Limited and the Bhutan Chamber of Commerce and Industry to launch “Jabchor” to promote innovation, creativity and enterprise among youth.
The RMA continues to work closely with the Government and financial service providers to prioritize resources and initiatives to drive the financial inclusion agenda and promote appropriate access to formal finance. While opportunities for access to finance continue to be strengthened, especially from the commercial banks and MFIs, the RMA continues to also explore more innovative platforms for access to finance through alternate source of financing such as angel investors, P2P and crowd funding. Enabling such innovative platforms would provide more choices and product diversity in addition to traditional bank borrowing.
Young Entrepreneurs, particularly startups, are faced with the challenge of early start up equity despite having great business ideas. On the other hand, there are well-to-do individuals and private companies that have capital to spare and expect effective return on investment.
One innovative solution and access to equity finance that RMA, RSEBL, BCCI, Company Registrar and TTP jointly offers is the Jabchor platform – a formal alternative source of financing platform to bring together young entrepreneurs and angel investors.
Young Entrepreneurs, particularly startups, are faced with the challenge of early start up equity despite having great business ideas. On the other hand, there are well-to-do individuals and private companies that have capital to spare and expect effective return on investment.
One innovative solution and access to equity finance that RMA, RSEBL, BCCI, Company Registrar and TTP jointly offers is the Jabchor platform – a formal alternative source of financing platform to bring together young entrepreneurs and angel investors.