DoEE-Loden Spring Call for Business Proposals 2026
<p dir="ltr" style="margin-top: 12pt; margin-bottom: 12pt; line-height: 1.38; text-align: justify;"><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;">The Department of Employment & Entrepreneurship (DoEE), Ministry of Industry, Commerce, & Employment (MoICE) and the Loden Foundation is excited to announce the </span><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-weight: 700; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;">Spring Call for Business Proposals 2026</span><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;">, offering a blended financing package. This initiative is supported by DoEE through the Government of India (GoI) via-Economic Stimulus Programme (ESP) and the Loden Foundation, Society Switzerland Bhutan, and a dedicated </span><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-weight: 700; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;">Women’s Enterprise Window</span><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;"> supported by the </span><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-weight: 700; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;">Bronwen and Brian Mills Educational Trust</span><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;">.</span></p><p dir="ltr" style="margin-top: 12pt; margin-bottom: 12pt; line-height: 1.38; text-align: justify;"><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;">We invite aspiring and established Bhutanese entrepreneurs to submit innovative, viable, and scalable proposals. This programme aims to support ventures aligned with national priorities, including employment creation, import substitution, and enhancing economic resilience.</span></p><h3 dir="ltr" style="margin-top: 14pt; margin-bottom: 4pt; line-height: 1.38; text-align: justify;"><span style="font-size: 13pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-weight: 700; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;">Special Category: Loden Women’s Enterprise Window</span></h3><p dir="ltr" style="margin-top: 12pt; margin-bottom: 12pt; line-height: 1.38; text-align: justify;"><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;">In collaboration with the </span><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-weight: 700; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;">Bronwen and Brian Mills Educational Trust</span><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;">, we are privileged to introduce a dedicated funding window designed exclusively for women entrepreneurs. This initiative offers </span><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-weight: 700; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;">collateral-free start-up financing</span><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;"> together with </span><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-weight: 700; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;">international mentoring opportunities</span><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;">, thereby fostering women’s economic leadership and advancing their role in shaping Bhutan’s entrepreneurial future.</span></p><p dir="ltr" style="margin-top: 0pt; margin-bottom: 0pt; line-height: 1.38; text-align: justify;"><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-weight: 700; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;">Standard Funding Scheme and Repayment Procedure: </span></p><p dir="ltr" style="margin-top: 12pt; margin-bottom: 12pt; line-height: 1.38; text-align: justify;"><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;">Selected applicants will receive a blended financing package of up to </span><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-weight: 700; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;">Nu. 1.5 Million,</span><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;"> consisting of an </span><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-weight: 700; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;">interest-free, repayable loan</span><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;"> along with a </span><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-weight: 700; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;">non-repayable derisking fund</span><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;"> (risk-sharing component). This fund is designed to help early-stage businesses upscale or expand during their formative phase, without imposing the immediate financial burden of repayment. This derisking fund is made possible through the DoEE via ESP-GoI, as well as the Bronwen & Brian Mills Educational Trust for women-led ventures. </span><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-weight: 700; font-style: italic; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;">This derisking component shall be distributed equally among all selected candidates and is not subject to repayment.</span></p><p dir="ltr" style="margin-top: 12pt; margin-bottom: 12pt; line-height: 1.38; text-align: justify;"><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;">The repayable portion of the financing will be disbursed in two tranches within two months of the final results, provided all prerequisites are met. The Loden Foundation requires a signed loan agreement and a personal guarantor for all recipients. The second installment (tranche) will be released only after the DoEE and Loden monitoring team jointly verifies the proper utilization of the initial funds.</span></p><p dir="ltr" style="margin-top: 12pt; margin-bottom: 12pt; line-height: 1.38; text-align: justify;"><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;"><br></span></p><p dir="ltr" style="margin-top: 0pt; margin-bottom: 0pt; line-height: 1.38; text-align: justify; padding: 0pt 0pt 8pt;"><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-weight: 700; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;">Mentoring Support: </span><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;">Mentoring support will be provided to the selected entrepreneurs to help them advance their businesses and provide guidance in business-related areas. Once the business is up and running, the entrepreneurs must send a detailed bi-annual written report to the Loden office. Entrepreneurs are usually granted a grace period of three to six months before being required to repay the entire loan amount within four years. </span></p><p dir="ltr" style="margin-top: 0pt; margin-bottom: 0pt; line-height: 1.38; text-align: justify; padding: 0pt 0pt 8pt;"><br></p><p dir="ltr" style="margin-top: 0pt; margin-bottom: 0pt; line-height: 1.38; text-align: justify; padding: 0pt 0pt 8pt;"><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-weight: 700; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;">What types of business ideas are eligible to apply? </span></p><p dir="ltr" style="margin-top: 0pt; margin-bottom: 0pt; line-height: 1.38; text-align: justify; padding: 0pt 0pt 8pt;"><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;">The </span><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-weight: 700; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;">Calls for Business Proposal</span><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;"> was instituted to support young Bhutanese endowed with vision, determination, and innovative ideas in establishing or expanding enterprises that are economically viable, socially responsible, culturally attuned, and environmentally sustainable.</span></p><p dir="ltr" style="margin-top: 0pt; margin-bottom: 0pt; line-height: 1.38; text-align: justify; padding: 0pt 0pt 8pt;"><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;">The proposal will be evaluated based on the following priority criteria:</span></p><ol style="margin-bottom: 0px; padding-inline-start: 48px;"><li dir="ltr" aria-level="1" style="list-style-type: decimal; font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space: pre; margin-left: -18pt; padding-left: 18.1pt;"><p dir="ltr" role="presentation" style="margin-top: 12pt; margin-bottom: 0pt; line-height: 1.38; text-align: justify;"><span style="font-size: 12pt; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; text-wrap-mode: wrap;">Financial viability (able to repay the loan)</span></p></li><li dir="ltr" aria-level="1" style="list-style-type: decimal; font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space: pre; margin-left: -18pt; padding-left: 18.1pt;"><p dir="ltr" role="presentation" style="margin-top: 0pt; margin-bottom: 0pt; line-height: 1.38; text-align: justify;"><span style="font-size: 12pt; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; text-wrap-mode: wrap;">Cultural, social and ecological sensitivity (e.g. not a slaughterhouse, fishery, logging, bar etc.)</span></p></li><li dir="ltr" aria-level="1" style="list-style-type: decimal; font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space: pre; margin-left: -18pt; padding-left: 18.1pt;"><p dir="ltr" role="presentation" style="margin-top: 0pt; margin-bottom: 0pt; line-height: 1.38; text-align: justify;"><span style="font-size: 12pt; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; text-wrap-mode: wrap;">Clear and realistic </span></p></li><li dir="ltr" aria-level="1" style="list-style-type: decimal; font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space: pre; margin-left: -18pt; padding-left: 18.1pt;"><p dir="ltr" role="presentation" style="margin-top: 0pt; margin-bottom: 0pt; line-height: 1.38; text-align: justify;"><span style="font-size: 12pt; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; text-wrap-mode: wrap;">Social impact such as employment generation, community benefit, etc.</span></p></li><li dir="ltr" aria-level="1" style="list-style-type: decimal; font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space: pre; margin-left: -18pt; padding-left: 18.1pt;"><p dir="ltr" role="presentation" style="margin-top: 0pt; margin-bottom: 0pt; line-height: 1.38; text-align: justify;"><span style="font-size: 12pt; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; text-wrap-mode: wrap;">Geographic suitability or regional balance</span></p></li><li dir="ltr" aria-level="1" style="list-style-type: decimal; font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space: pre; margin-left: -18pt; padding-left: 18.1pt;"><p dir="ltr" role="presentation" style="margin-top: 0pt; margin-bottom: 0pt; line-height: 1.38; text-align: justify;"><span style="font-size: 12pt; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; text-wrap-mode: wrap;">Non-duplication of LEP funded project or projects (should not be something which is already in the market and where there is no requirement for such projects)</span></p></li><li dir="ltr" aria-level="1" style="list-style-type: decimal; font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space: pre; margin-left: -18pt; padding-left: 18.1pt;"><p dir="ltr" role="presentation" style="margin-top: 0pt; margin-bottom: 0pt; line-height: 1.38; text-align: justify;"><span style="font-size: 12pt; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; text-wrap-mode: wrap;">Entrepreneurial drive and motivation (good business is not sufficient; we need real entrepreneurs)</span></p></li><li dir="ltr" aria-level="1" style="list-style-type: decimal; font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space: pre; margin-left: -18pt; padding-left: 18.1pt;"><p dir="ltr" role="presentation" style="margin-top: 0pt; margin-bottom: 0pt; line-height: 1.38; text-align: justify;"><span style="font-size: 12pt; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; text-wrap-mode: wrap;">Personal commitment (teamwork and personal investment are a plus)</span></p></li><li dir="ltr" aria-level="1" style="list-style-type: decimal; font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space: pre; margin-left: -18pt; padding-left: 18.1pt;"><p dir="ltr" role="presentation" style="margin-top: 0pt; margin-bottom: 12pt; line-height: 1.38; text-align: justify;"><span style="font-size: 12pt; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; text-wrap-mode: wrap;">Skills (understanding competition and key business indicators)</span></p></li></ol><p dir="ltr" style="margin-top: 0pt; margin-bottom: 0pt; line-height: 1.38; text-align: justify;"><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-weight: 700; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;">Application Process: </span></p><p dir="ltr" style="margin-top: 0pt; margin-bottom: 0pt; line-height: 1.38; text-align: justify;"><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;">There are </span><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-weight: 700; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;">TWO</span><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;"> application processes; please choose any </span><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-weight: 700; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;">ONE</span><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;"> of the following:</span></p><p><span style="text-align: justify; background-color: transparent; font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); font-weight: 700; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;">Process A:</span><span style="text-align: justify; background-color: transparent; font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;"> Applicants must submit the business proposal template developed by Loden Foundation, which is available</span><span style="text-align: justify; background-color: transparent; font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); font-weight: 700; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;"> </span><a href="https://drive.google.com/uc?export=download&id=1UAFYeVPpenmwHvdZctemubu3Wl1amzDi" style="background-color: rgb(255, 255, 255); text-align: justify; font-family: -apple-system, BlinkMacSystemFont, "Segoe UI", Roboto, "Helvetica Neue", Arial, "Noto Sans", sans-serif, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 1rem;"><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(17, 85, 204); background-color: transparent; font-weight: 700; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; text-decoration-line: underline; text-decoration-skip-ink: none; vertical-align: baseline; white-space-collapse: preserve;">HERE</span></a><span style="text-align: justify; background-color: transparent; font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); font-weight: 700; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;">. </span><span style="text-align: justify; background-color: transparent; font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;">If you are following process A, you do not have to submit the documents listed in process B because those documents need to be attached to the same template.</span></p><p dir="ltr" style="margin-top: 0pt; margin-bottom: 0pt; line-height: 1.38; text-align: justify;"><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-weight: 700; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;">Process B:</span><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;"> Applicants who are submitting their own business proposal must submit the following documents:</span></p><ul style="margin-bottom: 0px; padding-inline-start: 48px;"><li dir="ltr" aria-level="1" style="list-style-type: disc; font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space: pre; margin-left: -18pt; padding-left: 18.1pt;"><p dir="ltr" role="presentation" style="margin-top: 12pt; margin-bottom: 0pt; line-height: 1.38; text-align: justify;"><span style="font-size: 12pt; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; text-wrap-mode: wrap;">Business proposal (not exceeding 15 pages) </span><a href="https://drive.google.com/file/d/1irE4VdMKO58jr1K5nR87djLUxH3doIUm/view?usp=sharing"><span style="font-size: 12pt; color: rgb(17, 85, 204); background-color: transparent; font-weight: 700; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; text-decoration-line: underline; text-decoration-skip-ink: none; vertical-align: baseline; text-wrap-mode: wrap;">GUIDELINE</span></a></p></li><li dir="ltr" aria-level="1" style="list-style-type: disc; font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space: pre; margin-left: -18pt; padding-left: 18.1pt;"><p dir="ltr" role="presentation" style="margin-top: 0pt; margin-bottom: 0pt; line-height: 1.38; text-align: justify;"><span style="font-size: 12pt; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; text-wrap-mode: wrap;">Curriculum Vitae (CV)</span></p></li><li dir="ltr" aria-level="1" style="list-style-type: disc; font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space: pre; margin-left: -18pt; padding-left: 18.1pt;"><p dir="ltr" role="presentation" style="margin-top: 0pt; margin-bottom: 0pt; line-height: 1.38; text-align: justify;"><span style="font-size: 12pt; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; text-wrap-mode: wrap;">Personal statement explaining why you are interested in the chosen business</span></p></li><li dir="ltr" aria-level="1" style="list-style-type: disc; font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space: pre; margin-left: -18pt; padding-left: 18.1pt;"><p dir="ltr" role="presentation" style="margin-top: 0pt; margin-bottom: 0pt; line-height: 1.38; text-align: justify;"><span style="font-size: 12pt; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; text-wrap-mode: wrap;">Duly filled ‘Business Plan Submission form available </span><a href="https://drive.google.com/uc?export=download&id=1_XI0H3hP_UtRgVYRVBrQ3FKTmqdH7kc-"><span style="font-size: 12pt; color: rgb(17, 85, 204); background-color: transparent; font-weight: 700; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; text-decoration-line: underline; text-decoration-skip-ink: none; vertical-align: baseline; text-wrap-mode: wrap;">HERE</span><span style="font-size: 12pt; color: rgb(17, 85, 204); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; text-decoration-line: underline; text-decoration-skip-ink: none; vertical-align: baseline; text-wrap-mode: wrap;"> </span></a></p></li><li dir="ltr" aria-level="1" style="list-style-type: disc; font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space: pre; margin-left: -18pt; padding-left: 18.1pt;"><p dir="ltr" role="presentation" style="margin-top: 0pt; margin-bottom: 0pt; line-height: 1.38;"><span style="font-size: 12pt; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; text-wrap-mode: wrap;">Latest CIB report of the applicant. If you are married, you also need to submit your spouse's CIB report from the Credit Information Bureau of Bhutan. For further details, you may visit: </span><a href="https://www.cib.bt/CIB/files/CIBSIRCONSFORM_LODEN.pdf"><span style="font-size: 12pt; color: rgb(17, 85, 204); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; text-decoration-line: underline; text-decoration-skip-ink: none; vertical-align: baseline; text-wrap-mode: wrap;">https://www.cib.bt/CIB/files/CIBSIRCONSFORM_LODEN.pdf</span></a></p></li><li dir="ltr" aria-level="1" style="list-style-type: disc; font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space: pre; margin-left: -18pt; padding-left: 18.1pt;"><p dir="ltr" role="presentation" style="margin-top: 0pt; margin-bottom: 0pt; line-height: 1.38; text-align: justify;"><span style="font-size: 12pt; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; text-wrap-mode: wrap;">CID or Permit Card copy</span></p></li></ul><p><br></p><p dir="ltr" style="margin-top: 0pt; margin-bottom: 0pt; line-height: 1.38; text-align: justify;"><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-weight: 700; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;">Note 1:</span><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;"> We also encourage you to submit supporting documents (if applicable) such as lease approvals for land, proforma invoices of machinery & equipment and relevant recommendation letters proving proficiency or recognitions etc. </span></p><p><br></p><p dir="ltr" style="margin-top: 0pt; margin-bottom: 0pt; line-height: 1.38; text-align: justify;"><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-weight: 700; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;">NOTE 2:</span><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;"> If you are a returning applicant applying with the same idea, you must explicitly mention what is new in your business plan. You must also indicate if you have received or applied for funding for the same business from other funding sources. </span></p><p><br></p><p dir="ltr" style="margin-top: 0pt; margin-bottom: 0pt; line-height: 1.38; text-align: justify;"><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;">Interested applicants must submit the complete set of documents in a single PDF file to </span><a href="https://docs.google.com/forms/d/e/1FAIpQLSdclEdoeU_OESvqJNjL5oIBghnkb3nNky-GNRYLHQhhIVm21g/viewform?usp=header"><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(17, 85, 204); background-color: transparent; font-weight: 700; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; text-decoration-line: underline; text-decoration-skip-ink: none; vertical-align: baseline; white-space-collapse: preserve;">Google Forms.</span></a></p><p><br></p><p dir="ltr" style="margin-top: 0pt; margin-bottom: 0pt; line-height: 1.38; text-align: justify;"><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;">Applications submitted after 5:00 PM, 2nd April 2025, will not be considered. Only shortlisted candidates will be contacted for the interview rounds. For any further information, you may contact Mr. Karma Losel Yangnyen, Asst. Programme Manager, at office phone 77195599 or email at lep@loden.org during office hours.</span></p><p><br><br></p><p dir="ltr" style="margin-top: 0pt; margin-bottom: 0pt; line-height: 1.38; text-align: justify;"><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;">DOCUMENTS TO DOWNLOAD : </span><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;"><br></span><a href="https://drive.google.com/file/d/1irE4VdMKO58jr1K5nR87djLUxH3doIUm/view?usp=sharing"><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(17, 85, 204); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; text-decoration-line: underline; text-decoration-skip-ink: none; vertical-align: baseline; white-space-collapse: preserve;">1. GUIDELINE FOR A BUSINESS PLAN </span></a></p><p dir="ltr" style="margin-top: 0pt; margin-bottom: 0pt; line-height: 1.38; text-align: justify;"><a href="https://drive.google.com/uc?export=download&id=1UAFYeVPpenmwHvdZctemubu3Wl1amzDi"><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(17, 85, 204); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; text-decoration-line: underline; text-decoration-skip-ink: none; vertical-align: baseline; white-space-collapse: preserve;">2. LODEN BUSINESS TEMPLATE</span></a></p><p dir="ltr" style="margin-top: 0pt; margin-bottom: 0pt; line-height: 1.38; text-align: justify;"><a href="https://drive.google.com/uc?export=download&id=1_XI0H3hP_UtRgVYRVBrQ3FKTmqdH7kc-"><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(17, 85, 204); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; text-decoration-line: underline; text-decoration-skip-ink: none; vertical-align: baseline; white-space-collapse: preserve;">3. BUSINESS PlAN SUBMISSION FORM</span></a></p><p><br></p><p dir="ltr" style="margin-top: 0pt; margin-bottom: 6pt; line-height: 1.38; text-align: justify;"><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;">Click </span><a href="https://www.loden.org/loden-entrepreneurship-programme/"><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(17, 85, 204); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; text-decoration-line: underline; text-decoration-skip-ink: none; vertical-align: baseline; white-space-collapse: preserve;">Frequently Asked Questions</span></a><span style="font-size: 12pt; font-family: Lato, sans-serif; color: rgb(0, 0, 0); background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-variant-position: normal; font-variant-emoji: normal; vertical-align: baseline; white-space-collapse: preserve;"> for additional information. </span></p>