ANNOUNCEMENT FOR LOGO DESIGNING COMPETITION

The Rural Enterprise Development Corporation Ltd. (REDCL) is pleased to invite all interested Bhutanese artists/designers/individuals to take part in the logo designing competition for the designing of REDCL logo. Entries may be sent to Ms. Sonam Choden at scuthin@yahoo.com along with the contact information of the participant. The last date for submission of entries is 30th September 2016.

The logo must capture the theme of the Corporation. The logo can be in JPEG/PDF format and should also have a brief description.

For more details please visit the website www.boic.gov.bt

A cash prize of Nu.15, 000.00/- will be awarded to the best logo and the logo will be used by REDCL.

Concept Note:

Rural Enterprise Development Corporation Limited (REDCL), a new State Owned Enterprise (SOE), an autonomous agency under the Ministry of Finance has been established for implementation of the Revolving fund II created as part of Economic Stimulus Program.

Revolving fund II for Non Formal Commercial Activities: 400 million

The revolving fund shall be managed in a sustainable manner to foster growth of cottage and small manufacturing industries that contribute to employment creation, export enhancement or import substitution.

The primary purpose of REDCL is to stimulate growth of cottage and small manufacturing industries and non-formal commercial sector by providing necessary support, both administrative and financial. The REDCL is, among others is vested with the following mandates:

Act as one-stop centre for information – on business opportunities in the country, business start up protocol, extant business laws, rules and regulations.

Implement the revolving fund and extend financial support accordingly to deserving non-formal commercial sector.

Appraise proposals and submit evaluation and recommendations to the board for consideration.

The Rural Enterprise Development Corporation Limited, a State Owned Enterprise under the Ministry of Finance has been established on 21-May-2016

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The Royal Government established the Business Opportunity and Information Centre (BOIC) in the Ministry of Economic Affairs as a time bound autonomous agency for implementation of the Revolving Fund [...]

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Contact Us

REDCL
Chubachu, Thimphu
Hotline: 158
Fax: +975 2 339244