BUSINESS INCUBATION CENTRE

CENTRE FOR BUSINESS RESEARCH AND ENTREPRENEURSHIP DEVELOPMENT (BUSINESS INCUBATION CENTRE) 

The Centre for Business Research and Entrepreneurship Development (CBRED) was established with the vision to be the Centre of Excellence in facilitating sustainable innovation and entrepreneurship. The centre, therefore, mandates to the creation of a vibrant and dynamic entrepreneurial environment
with research culture, publications, linkages and promotion of
entrepreneurship. Additionally, it was established with the purpose of justifying the thoughtful insights of His Majesty the 5th king to create vibrant entrepreneurial culture and self-reliance and self-sufficiency economy
through entrepreneurship.

Meanwhile, the centre also caters for services that are offered to the incubatees to launch and scale up the business. Liaising with external mentors, networking pursuit with potential investors, creation of avenues for funding and accessibility to the financial support services, furnished office space and equipment and other administrative services are offered.

The CBRED is funded and supported by the Department of Employment and Entrepreneurship(DoEE), Entrepreneurship Promotion Division (EPD), Ministry of Labour and Human Resources, Royal Government of Bhutan through start-ups and CSI flagship program and Encore EU funded projects.

As of today, the centre has signed an agreement with 3 teams to provide the services that are being offered. They are also the first batch of incubatees that the centre has signed. They were selected through the Business Idea Competition that was held during the inauguration of the Business Incubation Centre.

The three teams are:

         1.    Nge-Chim

         2.    Just Organic

         3.    Sodhen Hydroponics

 

Figure 1: Welcoming first batch of incubatees by EDC coordinator Mr. Tenzin Rabgay

All the teams have actualized the way forward to do their business and have advanced from the ideation stage through their constant training and mentorship with external agencies that were identified by the centre. 

As of today, the centre has 4 external and 8 internal mentors who will provide mentorship to the upcoming incubatees for developing and scaling up the business ideas. The centre will be incubating the business ideas for the tenure of 6 months and extendable to 1 year based on the need for launching the business.

GLIMPSE OF FIRST BATCH OF INCUBATEES WITH EXTERNAL MENTORS 

Figure 2: Just Organic with COO of Bhutan Printing Solution
Figure 3: Nge-Chim with Fab-Lab Advisors
Figure 4: Sodhen Hydroponics with owner and founder of Bhutan Hydroponics

MENTORS

EXTERNAL

Figure 5: Owner and Founder of Bhutan Hydroponics
Figure 6: Social Influencer and Agropreneur
Figure 8: President of Loden Foundation
Figure 7: Owner and COO of Bhutan Printing Solution

INTERNAL

Mr.Dawala  is a faculty in Marketing and Entrepreneurship at Gedu College of Business Studies (GCBS). He has an MBA (Marketing) from GCBS and PgDHE from Samtse College of Education, Royal University of Bhutan. Hid did his BA in English & Geography from Sherubtse College, Kanglung, Bhutan. His area of interest lies in Marketing and Entrepreneurship. He also has a passion for leadership and management subjects (soft skills). In 2021, he conducted 15-day training on Basic Entrepreneurship Development for AMTC Trainees, Paro; in 2014, he facilitated training for emerging local entrepreneurs of Bhutan at GCBS; in 2015, conducted a training workshop for local leaders of Punakha district on Leadership and Communication Skills; and in 2016, he resourced training on Office Management and Communication Skills for the non-teaching staffs of College of Natural Studies, Lobesa, Wangdue Phodrang; and in 2019 conducted training on Leadership and Communication Skills for Druk Ralung Monastery, Kabisa, Thimphu. Currently, he teaches Marketing and Entrepreneurship modules for undergraduate students. He has been with GCBS for the last 12 as a faculty

Mr.Tenzin Rabgay has been serving as a Lecturer in Entrepreneurship and Corporate Governance at Gedu College of Business Studies since 2011. He is the Coordinator of Entrepreneurship Development Centre, and a member of College Research Committee. He is also a member of Accounting and Commerce Subject Committee of the Royal Education Council. Apart from teaching, he actively engages in research, consulting, and training services. His research and training interest and credibility are in the area of entrepreneurship, design thinking, lean startup, human resource management, and corporate governance. Royal Civil Service Commission, Ministry of Labour and Human Resources, Druk Holing and Investments, Institute for Management Studies, Rural Enterprise Development Corporation Limited, and IBest Training Institute are some of the organizations with whom Mr. Tenzin has been engaging in training and consulting projects.

 

Mrs.Kinley Yangdon is a lecturer at Gedu College of Business studies. She has been in college since 2011. She pursued her Master in Business Administration (Innovation & Entrepreneurship) from Symbiosis Institute of Business Management, Pune (2016),

PGCHE from Samtse College of Education (2014) and also attended the University Teaching Programme (UTP) at Vrije Universiteit, Amsterdam. Besides teaching, she is involved in training related to entrepreneurship within and outside the Royal University of Bhutan. She also contributed to writing classes XI and XII Business and Entrepreneurship amongst others. Her research interest is in the field of entrepreneurship, women, and Education. Currently, she is also serving as the coordinator for Innopreneur Club.

  • Mrs.Gaki Dem did a  Masters’s (International Development Studies), at the University of Palacky (Czech Republic,) the University of Pavia (Italy), and the University of Clermont (France). 
  • PgCHE (Samtse College of Education)
  • Bachelor of Commerce (B.Com), Gedu College of Business Studies. 

 

Mr.Dhanapati Sharma is a lecture in English for Gedu College of Business Studies on 9th January 2018. Prior to his joining to the college he taught English at various levels in the school across the country for twelve years. Dhanapati Sharma has Bachelor in Education from Paro College of Education. (2003-2005). He completed his Post Graduate Diploma in English from Sherubtse College, Kanglung, Trashigang. (2011-2013). He later received his MA in English (Literature) from Lovely Professional University, Punjab, India. (2013-2015). He began his career as a teacher in Chimong Community School, Pemagatshel. He served for four years in the remotest corner of Eastern Bhutan. He spent the rest of his school teaching career in Chukha Dzongkhag. At college he teaches Academic Skills, Language, and Grammar to undergraduate students. He is interested in research works in the field of    Language, Literature, and philosophy.
Mr.Tshewang Dorji is a faculty of Mathematics and Statistics at GCBS, RUB. During his 10 years as a faculty, he has taught Business mathematics and statistics modules to undergraduate students. Tshewang served as the hostel provost from 2011-2017, college moderation committee from 212-2021, and member of various committees and clubs of the college. His current research interest is entrepreneurship, marketing, and statistical computing.

Mr.Amrit Sharma is an associate lecturer in the Faculty of Finance at Gedu College of Business Studies, Royal University of Bhutan. Mr. Amrit has an industrial experience of over 7 years. He worked in Travel & Tourism industry for 5 years and in the commercial division of Bhutan Airlines for two and half years prior to joining this college. He has been teaching Finance Modules with this college since Fall Semester, 2018. His research interests are in the areas of Finance, Business Management, Tourism, and Sustainable Development.

Mr.Rinchen Dorji is a full-time faculty at Gedu College of Business Studies, Royal University of Bhutan. He has an MBA (International Business) from the Department of Business Administration, Aligarh Muslim University, India. He completed his post-graduate studies in 2017. He did his undergraduate program in BBA (Accounting) from Gedu College of Business Studies, the Royal University of Bhutan in 2011. He also pursued Postgraduate Certificate in Higher Education (PgCHE) in 2018 from Samtse College of Education, Royal University of Bhutan. He joined Gedu College of Business Studies in 2011. During his 9 years of the teaching profession, he taught Accounting Principles, Accounting for Managers, Strategic Management, and International Business. Currently, he is teaching MGT307 Strategic Management to B.Com fifth semester.