Background

The Jabchor 2.0 Initiative, led by the Department of Employment and Entrepreneurship (DoEE), evolves from the original Jabchor program founded by the Royal Monetary Authority (RMA) to promote entrepreneurship, innovation, and alternative financing through local and foreign direct investments. This upgraded initiative broadens its reach and impact by incorporating key enhancements:

  • Expanded Entrepreneur Inclusion: Supporting high-growth startups, scaling businesses, green/social enterprises, and innovative idea-stage ventures with strong growth potential.
  • Enhanced Investor Participation: Actively engaging both domestic and international investors to diversify funding sources and opportunities.
  • Comprehensive Growth Support: Offering 3-12 months of structured assistance covering legal incorporation, investment utilization, export market development, and IPO preparation.

The annual Jabchor 2.0 Pitching Event provides a dynamic platform connecting Bhutanese entrepreneurs at all development stages with potential investors, while fostering innovation and business growth.

This integrated program strengthens Bhutan’s entrepreneurial landscape, stimulates economic development, and supports national goals for innovation and sustainable progress.

Jabchor 2.0 Advisory Board:

i. Department of Employment and Entrepreneurship : DoEE – Jabchor 2.0 is an initiative and the Chair of the Board
ii. Corporate Regulatory Authority:
Provides legal guidance for business incorporation and investor/entrepreneur education
iii. Invest Bhutan (Department of Industry): Facilitates FDI partnerships and registration
iv. Bhutan Chamber of Commerce and Industry: Offers strategic advice and investor network support
v. Royal Monetary Authority: Serves as program advisor and founding organization of Jabchor platform
vi. Royal Stock Exchange Bhutan Limited: Delivers IPO and investment education
vii. Innovest – member secretary

Program Technical Partner:


Innovest: As the technical partner (incorporated December 17, 2024 under Bhutan’s Companies Act), Innovest specializes in connecting international investors with local businesses, driving economic growth that reflects Bhutan’s distinctive values and vision.

Team