Friday, August 25, 2017

DFID to support in entrepreneurship development



Kathmandu, Aug. 24: The Department for International Development of the United Kingdom is supporting 22 companies in entrepreneurship development programme, Acceleration and I-Cube Incubation Programme.
The programme is implemented by Accelerator Nepal in partnership with Rockstart Impact and Nepal Communitere.
According to a press statement issued by the Rockstart, the programme will focus on business incubation and acceleration, actively nurturing and supporting high potential companies for growth via incubation, acceleration and investment.
“The applications for the programme are open from 1 August to 5 October. Out of all the applicants 22 companies will be selected for the entrepreneurship development programmes,” reads the statement.
Ten companies will go for the 100-day acceleration programme at Rockstart Impact while other twelve will be incubated for a year at Nepal Communitere’s I-Cube Incubation Programme, before going for further business development and investment.
The company said that the goal of the 100-day business acceleration programme was to make 10 high potential entrepreneurs ‘investment-ready’ each year.
“Such entrepreneurs will have a clear vision and understanding on how they can realistically grow their business in a sustainable way. These programmes provide entrepreneurs with critical coaching and mentoring needed for business development, along with other tools required to grow their business to the next level,” said Rabi Rayamajhi, Private Sector Development Advisor at the DFID Nepal.
“The development of Nepal is taking a turn whereas the small and medium enterprises (SMEs) are playing the role of a leader, an inspirer, and, a provider. We want to contribute as partners in this quest that these truly brave entrepreneurs have started," said Willem Grimminck, Rockstart Impact initiator. 

No comments:

Post a Comment

Featured Story

Govt prepares primary draft of DRR Policy

Kathmandu, Apr. 29: The government has prepared the preliminary report of the National Disaster Risk Reduction (DRR) Policy and Strategic ...