The Bhutan Innovation and Technology Centre (BITC) is the first of its kind in Bhutan. Comprising three pillars: a business incubator, a Shared Technology Centre and a data centre, the BITC contributes to the economic and social development of Bhutan by supporting and facilitating high potential individuals and SMEs to grow into successful businesses.
The Business Incubator: provides rental space, business services and access to financing for incubatee firms at a financially sustainable cost. As a mixed-use incubator, there is no sectoral requirement for incubated firms however each applicant will be submitted to rigorous evaluation by an expert selection committee.
The Shared Technology Centre: offers comprehensive facilities to all businesses and entrepreneurs in Bhutan including meeting and conference rooms, various courses, networking events and product launches. The Shared Technology Centre will also soon offer an e-Incubation service, which will provide business advisory and information services online for the use of small business owners and entrepreneurs located in remote areas.
The Data Centre: provides data storage and management services for government, for occupants of Thimphu TechPark and for third party commercial users. It is designed and built to Tier II Data Centre specs as classified by Uptime Institute (upgradable to Tier III, based on demand for such services) but full operationality depends on tenant's detailed specifications.
The Bhutan Innovation and Technology Centre marks an important step forward in the private sector development efforts of the Bhutanese government. It serves as a hub for entrepreneurship, innovation and enterprise creation in Bhutan; a vital ingredient in future economic growth and job creation in the country.
The BITC also runs an Overseas Expert Programme (OEP), which gives overseas experts the opportunity to work based in the BITC for a period of 3-6 months and, in return, these experts share their knowledge and experience through mentoring and coaching of Bhutanese entrepreneurs operating in the BITC business incubator.
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