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Background

Jabchor 2.0 Launches as Bhutan's Premier Equity Financing Platform

Connecting High-Potential Entrepreneurs with Investors for Sustainable Growth

Thimphu, Bhutan — The Department of Employment & Entrepreneurship (DoEE), Ministry of Industry, Commerce and Employment, announces the launch of Jabchor 2.0 Season 2, a transformative equity financing platform designed to fuel Bhutan’s entrepreneurial ecosystem.

What is Jabchor 2.0?

Following the success of Jabchor 2.0 Season 1 — with deal closings of Nu. 14M for three entrepreneurs — we are pleased to announce the launch of registration for Jabchor 2.0 Season 2: Nature Positive Edition. Applications are open from September 1 to September 25, 2026, with Pitching Day scheduled for December 26, 2026.

Jabchor 2.0 builds on the success of the original Royal Monetary Authority (RMA) initiative, which launched Jabchor 1.0 in 2018. Over four successful seasons — Jabchor 1 & 2 organized by RMA, and Jabchor 3 & 4 by the Bhutan Chamber of Commerce and Industry (BCCI) — the platform has supported 19 entrepreneurs across sectors like green businesses, tech solutions, trading, and manufacturing, and raised Nu. 36M through the platform.

This new iteration is initiated based on directives received from the Honorable Prime Minister during the National Startup Weekend held in March 2025, and is supported by an advisory board comprising RMA, the Royal Securities Exchange of Bhutan (RSEB), BCCI, the Corporate Regulatory Authority (CRA), and the Department of Industry (DoI), and is implemented by Innovest Private Limited. The project is funded through UNDP Bhutan.

Why Equity Financing?

Many promising startups and growth-stage export-oriented businesses in manufacturing, IT, services, and green sectors lack collateral for traditional loans. Equity financing offers an alternative:

  • Investors provide capital in exchange for ownership stakes.
  • Beyond funding, entrepreneurs gain mentorship, business networks, compliance guidance, and market access to scale their ventures.

What's New in Jabchor 2.0?

  • Expanded Reach — open to businesses at idea, startup, and growth stages with export potential, including those requiring over Nu. 10M funding.
  • Business Incorporation — legal safeguards for investors and entrepreneurs. F
  • FDI Participation — foreign investors can now participate, with support from the Department of Industry.
  • Exit Strategy — investors can exit via RSEBL’s Alternative Investment Market (AIM) Board, with longterm potential for IPOs.
  • Post-Investment Service — 6–12 months of service by Innovest for compliance, coaching, and growth.
Jabchor - 2.0

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