MCIF is the single fund that pays for everything DHI InnoTech does. It is deliberately multi-channel (no single source covers more than roughly half) so a project's continuity doesn't hinge on any one party's annual decision.
Each percentage is the FY 2025–26 share. Sources are reported quarterly alongside an allocation reconciliation; the chart below is current as of the most recent close.
Cross-cutting work (field IoT projects that span multiple verticals) is the single largest line, matching the current portfolio shape. The numbers move year over year; the methodology doesn't.
A fixed annual transfer from Druk Holding & Investments' shareholder pool. The base case for predictable multi-year project budgeting.
Project-tied grants from line ministries: typically capital plus first-year operating for pilots inside their domain.
ADB, World Bank, and bilateral programmes co-funding pilots that meet their thematic windows (climate, digital, inclusion).
Cash and in-kind from technology partners participating in pilots: typically the AMI metering, sensor, or storage layers.
Licensing and ops fees from projects that have moved from pilot to deployed (e.g. SWMS dashboard ops fee).
Field IoT projects that span verticals: SWMS, the air-quality mesh, future deployments.
Dzongkha NLP, applied computer vision for agriculture and infrastructure, small mobile platforms.
Alpine PV, micro-hydro instrumentation, thermal storage, grid-edge analytics.
Internship programme, public engagement, partner coordination, infrastructure.
A deliberately small group: quantum sensing, post-quantum cryptography for civic infra, curriculum partnerships.