With the intention of developing a better ecosystem for startups, the Rajasthan Government has opened a new Technohub Center in Jaipur. Its name is BamashahTechnohub. Rajasthan Chief Minister Vasundhara Raje true launched this center on Thursday in Jaipur. State officials claim that this is the largest incubation center in the country. To support startups, this center has been started under the initiative of the State Government initiated by the I-start Initiative.
Rajasthan Government officials claim that this is one of those startups made by the state government, where startups will be provided with all solutions under one roof. According to AkhilArora, principal secretary of the Information Technology and Communication Department in the Rajasthan government, the purpose of this center is to create a platform to give boost to startups. This is the only incubation center of its kind, where startups are given all the necessary facilities like mentorship, co-working space, seed funding and venture capital funding. So that the startups do not have to wander. Not only this, the state government will also give startups free cloud service for 2 years through its data center.
2 years free co-working space
According to Arora, BamashubTechnohub is the only technohub where the co-working space is also provided to startups. It is provided free of cost for up to 2 years for the working space startups. About 700 seats have been created in this center, where around 150 startups can work. Arora claims that this is the only incubation center where the startups are given space to work freely.
Rajasthan government created Rs 500 crore fund
State Government under leadership of Vasundharahas also made a fund of Rs. 500 crore for boosting and funding startups in the state. This is a Funds of Fund. It has been kept for 100 million women entrepreneurs and 50 million green startups.
Maximum up to 25 lakhs funding
The state government provides startups to startups from zero. If you prefer a startup idea, then seed funding up to 2 lakhs and later up to 25 lakh Venture Capital are also provided.
Cheif Minister of Rajasthan Vasundhara Raje during the inauguration of Bhamasha Technohub in jaipur also felicitated Dr. Ajay Data for his excellent contribution in IT sector especially in linguistic email service & on being appointed as India’s first member to the ccNSO of ICANN
