Kathmandu, May 10: After the successful legacy of three editions- Women focused, Tech & Tourism, Udhyami Seed Camp is now gearing up for the second edition of its women themed entrepreneurial boot camp, “Nabil Nari Udhyami Seed Camp”.
Nabil Nari Udhyami Seed camp is a business boot camp dedicated to providing a platform to women co-founders with creative business ideas. Udhyami Innovations, together with Nabil Bank, strongly believes in gender diversity and its potential in Nepal’s growing entrepreneurial ecosystem and that Nepali woman must be given equal opportunities to realize their ideas into ventures. Nabil Nari Udhyami Seed Camp, thus, aims to identify some of the best idea phase startups led by women and provide them with the required resources to help them refine their business idea, grow their network, form profitable business connections and kick-start their entrepreneurial journey.
Nabil Nari Udhyami Seed Camp is announced its applications on May 9 for the aspiring entrepreneurs teams and early stage startups that are led by at least one woman co-founder and whose ideas provide innovative solutions to existing needs in Nepal.
Anil Shah, CEO of Nabil Bank stated “Udhyami Seed Camp is a platform for young innovators who will be sowing the seeds of their own business, a feat that I feel challenging even for myself – a comfortable employee”. We want to make sure that if given opportunity, women would thrive in bringing different perspectives and eventually create a lasting impact in the entrepreneurship market. The word ‘seed’ in Udhyami Seed Camp holds the most importance as this bootcamp is to sow the seeds of young innovators.
Out of all the applicants, the selected maximum 20 teams will go through a tried and tested entrepreneurship program in the Bootcamp said Prabha Timilsina, Program Coordinator of the Udhyami Innovations. They will be provided with full-fledged mentorship and guidance from entrepreneurs and experts, access to an entrepreneurial community, assistance in developing their business models, refining and validating their business ideas with the objective of kick-starting their ideas into businesses added Sharad K.C. Business and Partnerships Coordinator of the program. On the final day of the boot camp ‘Pitch Day’, the teams will pitch their business idea to the investors and other selected stakeholders to secure the seed money.
Following the boot camp, the teams shall make an intense research, work on their business model for a month and again shall make an investment pitch ‘Demo Day’ at larger scale.
By bringing together key stakeholders like sector experts, investors, industry supporters, entrepreneurs and innovators, the program aims to create a vibrant and collaborative platform for women entrepreneurs to enhance and empower their women-led businesses with intentions of bringing them into the economic mainstream.