Escalate

Innovative solutions to everyday problems

- Post Report, Kathmandu

May 8, 2017-

With a new generation of enterprising and enthused thinkers and ‘do-ers’ coming of age, Nepal’s business and entrepreneurial eco-system is vibrant like never before.  

Gone are the days when one waited for the government, concerned authorities, consumer groups or large business houses to identify problems everyday people are struggling with in order to have those problems addressed.

Today, young entrepreneurs and visionaries are seizing the initiative to bring innovative solutions to persistent problems that plague our everyday lives. 

With that in mind, STARTUPSNepal—a platform that serves a bridge between innovators, investors and consumers—recently concluded the Udhyami Seed Camp, a business skills training program designed to turn “Idea-preneurs”, as the organisers call fledgling innovators, into Entrepreneurs. 

At five-days long, the first iteration of Udhyami Seed Camp placed a special focus on women innovators and aimed to increase the number of women entrepreneurs in order to make the entrepreneurial ecosystem of Nepal more inclusive.

To that end, the intensive camp saw companies that included at least one female founder hone their pitching skills, research and validate the feasibility of their ideas, while creating a strong foundation for their businesses by learning the intricacies of running a startup.

With ideas ranging from connecting engineering service seekers with service providers, as pitched by Engineers for Nepal, to Buda-Budi, a laundry service that provides pickup and drop offs at your very doorstep, the platform saw 12 companies pitch their ideas to coaches and mentors, who in turn vetted their businesses for feasibility.

Some of the other ideas pitched at the seed camp included Sroth Code Games, a gaming company aiming to create Nepali videogames that also have a global appeal; Oho Servicing, a women-based on-call scooter and motorbike servicing company; TechGenX, a company hoping to design hybrid, cost-effective wheelchairs for the differently-abled and Pure Joy, a winery seeking to produce wines using unique Nepali products, sourced from indigenous communities.

 

Following the conclusion of the five-day camp, the program will now begin biweekly follow up sessions, where the discussions will revolve around design thinking, legal, organisational structure and finance.

The sessions are then slated to culminate with the hosting of the Udhyami 101, a conference where the coaches and mentors will be making presentations on how to start and grow businesses in Nepal.

Published: 08-05-2017 08:57

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