Nepal And India Organise Global Entrepreneurship Conclave To Support Start-Ups

The governments of Nepal and India on Wednesday organised the third edition of an international entrepreneurship conclave here to support innovative start-ups. The conclave was inaugurated by Minister for Information and Communication Gyanendra Bahadur Karki, who was also the chief guest. India바카라™s Ambassador to Nepal Vinaya Mohan Kwatra was also present. Business ideas were presented by Boa Fresh, Tekka, Saarang and Veda start-ups. The main objective of the conclave was to support the young entrepreneurial community of Nepal and India, and thereby create a platform for exchange of ideas for entrepreneurs and start-ups, according to a statement by the Indian Embassy. "The conclave aims to build an ideal link between the dynamic start-up ecosystems of Nepal and India," according to Dilli Raj Joshi, Director of Clock-b Business Innovations.

According to Binay Devkota, CEO of Clock-b Business Innovations, the conclave was rolled out through three phases - pre-incubation, incubation and finale day. "To enhance the start-up ecosystems of Nepal and India, we commenced the pre-incubation phase in December last year that dealt with a nationwide ideation tour, calls for application and selection of start-ups especially focused on Dang, Sarlahi, Dharan, Sunsari," Devkota said. Following this, the second step was an incubation programme where 20 start-ups were selected out of the 80 applicants. Over a nine-day period, these selected start-ups were mentored and trained. Out of the selected 20, only top four start-ups have advanced to the final day after being selected from Idea Audition. The conclave comprised keynote addresses by start-up aspirants from Nepal and India, panel discussions, experience-sharing from renowned entrepreneurs of both nations, start-up story-telling and an investment pitch to a panel of prospective investors by the shortlisted entrepreneurs.

PTI INPUTS