Announcement: Business Acceleration Fund Open-Window (Final Presentation)

Druk Holding and Investments Limited is pleased to announce the following shortlisted candidates for the final presentation of the DHI Business Acceleration Fund. The timings are as follows:

The above applicants must prepare a Deep Dive presentation for the interview. Please download the Deep Dive presentation template for instructions. Each applicant will be given only 15 minutes for presentation followed by 20 minutes of question and answer session. (Candidates who have not prepared the presentation in the prescribed format will be automatically disqualified).

Please report on 10^th August 2020 (Monday) at the DHI Head Office (located at the Bank of Bhutan Limited Head Offices 5th Floor, Norzin Lam, Thimphu.) Each applicant must report to the venue 30 minutes prior to their allocated interview time.

"Entrepreneurs are strongly encouraged to bring your product samples, marketing materials, or any other interesting materials related to your business during the deep dive presentation."

The result of the interview will be announced on the DHI website after scoring is finalized by the Fund Approval Committee. For further details, contact us at 336257 during office hours or email us at dhibizap@dhi.bt

DHI Business Acceleration Fund: Covid-19 Phase II Relief Measures

In continuation to Druk Gyalpo's Relief Kidu, and along the lines of the measures of the Royal Government Comprehensive National Response to challenges of the Covid-19 pandemic Phase-II, DHI is providing the following relief measures for the DHI Business Acceleration Fund recipients/entrepreneurs:

1. Deferment of fund repayment
   • Repayments will be differed till September 2020.
   • Deferment can be extended till 30 June 2021 for interested fund recipients/entrepreneurs
   • Entrepreneurs'/fund recipients shall submit the deferment form (click to download form) to DHI within 30 September 2020.
   • No late fees/penalty will be charged during the deferment period.
2. Administration fee waiver
   • No administration fee will be charged for the period from July to September 2020.
   • Only 50% of the administration fee will be waived off for the period from October 2020 till March 2021.
3. Incentive for regular repayments during deferment period
   • DHI shall offer 1% reduction in administration fee to those fund recipients/entrepreneurs willing to repay during the deferment period as follows:
     
     

     Period	Repayment Condition
     1 July 2020 to September 2020	Only the principal portion of the monthly installment
     1 October 2020 to 31 March 2021	Principal portion of the monthly installment and 50% of the administration fee of the monthly installment
     1 April 2021 to 30 June 2021	Full monthly installment (principal and administration fee)

   
   
   • DHI shall adjust the 1% rebate against the principal outstanding amount at the end of deferment period (30 June 2021).

For more information, please contact Mrs. Dorji Peldon at dorjipeldon@dhi.bt or contact 336257/58 (148) during office hours.