Tuesday, May 30, 2017

First ever agri-business boot camp organized

Kathmandu, May 29:
First ever boot camp is organised in the capital with an aim to promote agricultural business where 25 business people participated to harness their skills to uplift their enterprise.

Those participants, 5 start-ups and 20 businessmen, had participated in the ‘AgriBusiness Boot Camp’ from April 21 to 27 where they were trained in the supply chain, packaging, value production, customer segmentation, branding, finance, and sales and distribution.

“The boot camp will help start-up companies to execute their projects both financially and structurally. We believe that they will be able to help the selected agricultural businesspeople towards a sustainable progress,” read a press statement issued by Nepal Entrepreneur Hub (NE Hub), organiser of the event.

The event was supported by the World Bank and Info Dev, and Business Oxygen (bo2) was co-sponsor.
According to Bijendra Joshi of NE Hub, the participants will be able to acquire require skills to boost their company through such boot camps. They were taught by business experts on import, supply chain, value added tax, market focused expansion, legal process, buying, distribution, investment and partnership.

NE Hub had opened application for the boot camp from February 12 to March 10.
“Altogether 641 had filled the forms including 383 start-ups and 258 businesses. Both groups went through a pre-judging process round where only 65 start-ups and 46 businesses were selected,” said the company.

Later on, on the basis of idea pitching, the number of participants was brought down to 5 start-ups while 20 businesses were selected through ‘Speed Dating’.


The selected businessmen run industries on products such as tea, coffee, banana, pickles, spices, honey, food production and vessels made from coconut plants. 

(Published in The Rising Nepal Daily on 30th May, 2017)

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