CM Raje inaugurates Bhamashah Techno Hub for startups in Jaipur

The incubation center would offer free space, connectivity, easier funding, mentorship and exposure to budding startups.

In an attempt to boost Rajasthan's IT infrastructure, Chief Minister Vasundhara Raje on Thursday launched India largest Bhamashah Techno Hub in Jhalana Industrial Area of Jaipur. The hub is India’s largest Incubation and Acceleration center for start-ups that will provide free space, easier funding avenues, and mentorship to startups.

Spread across 1 lakh sq ft, the hub can accommodate more than 700 entrepreneurs. The incubation center would offer free space, connectivity, easier funding, mentorship and exposure to budding startups.

At BhamashahTechnoHub mentors shall be working with each startup to ensure their growth. The Techno Hub shall also have partnerships with the 40 top Venture Capitals of India, keen to invest in start-ups that have potential, the CM tweeted.

"The start-ups would recreate a new growth story. The center will provide them with all the technical facilities. A year back, we launched i-start, a special scheme in Rajasthan, which helped in providing digital solutions to startups," said the Chief Minister.

At present 1000 new start-ups are added to the iStart Rajasthan, a flagship initiative by the Government of Rajasthan intended to foster innovation, create jobs and facilitate investment. The program aims to nurture innovation and entrepreneurship which would further help in the economic growth and development of the state. 

Our efforts to build a #DigitalRajasthan have ensured an environment that supports entrepreneurship and nurtures talent in the digital arena. While @istartrajasthan Nest is the only free of cost incubation centre for start-ups in India - #BhamashahTechnohub is the next level. pic.twitter.com/m67emlwu4z

— Vasundhara Raje (@VasundharaBJP) August 23, 2018