There was a time when the word “startup” was synonymous with the city of Bengaluru. But that changed since the central government launched the Startup India initiative in early 2016. Over the last couple of years, most Indian states have stepped on the gas pedal to build a rock solid foundation for their own startup ecosystems and have been encouraging people to build businesses and also to attract entrepreneurs from outside the state. Even as all of them eye the coveted top position in the DIPP’s state startup ecosystem ranking, one of them is emerging as a clear frontrunner in the race — Rajasthan.
Rajasthan, with the support of the Hon’ble Chief Minister (CM) Vasundhara Raje and Mr Akhil Arora, Principal Secretary of the state Department of Information Technology and Communication (DoIT&C), has built a viable, nurturing ecosystem to support aspiring entrepreneurs who can create businesses which can, in turn, boost the economy of the state.
To strengthen the startup ecosystem in the state, the Rajasthan government has undertaken a multitude of initiatives such as an INR 500 crore ($73.5 Mn) startup fund — the Bhamashah Techno Fund, the Challenge for Change, Rajasthan IT Day, iStart, and more. In a yet another magnanimous step, the government will soon launch a world-class incubation centre — the Bhamashah Techno Hub — where all possible facilities required by startups will be provided free of cost.
The Rajasthan government’s techno hub is one of the few such centres in India providing incubation facilities absolutely free of cost.
”The vision of Hon’ble Chief Minister towards Startup Promotion has seen implementation with iStart – which has become synonymous with Startup Growth in the State – and so are iStart Nests, which are synonymous to World Class Incubation in Rajasthan. With Bhamashah TechnoHub, the iStart Nests shall see a next level of leap with World Class Infrastructure, State-of-the-art machinery, Best in class Mentors and all stakeholders of Startup Promotion together at one place – with India’s biggest Incubation Centre, it shall be a big step forward,” Akhil Arora, Principal Secretary, Information Technology & Communication, Rajasthan
Bhamashah Techno Hub: World-Class Startup Incubation — For Free
As part of iStart, a flagship initiative of the Rajasthan government for startups to foster innovation, create employment, and facilitate investments, the state is all set to unveil the Bhamashah Techno Hub in Pink City Jaipur. The startup hub and incubation centre will offer top-of-the-line, comprehensive facilities, from mentoring and coworking spaces to high-speed internet and networking with investors.