As a part of its Business Incubator Capacity Building Program, Idea Studio Nepal partnered with Kathmandu Model College (KMC), Academic Incubator Champion, Idea Studio Season 5 to jointly organize Business Canvas Model Workshop & Training from June 28 to July 3, 2021.
The workshop and training saw participation from 146 participants while eight teams submitted their business ideas to a panel of judges on the final day of the event. The major objective of the program was to prepare students in the process of enterprise building in the context of Nepal and was open to the BBA,BBM and BCA students studying at KMC.
Supriya Shakya, Idea Studio Season 4 Ideator and Founder at NepalMed, and Deepali Bhattarai, Program Manager, Idea Studio Nepal, were the judges of the event. Talking about her judging experience, Shrestha shared, “I found the ideas of the students interesting, new and innovative. This program has created a base for the entrepreneurship journey of the students, these kinds of programs need to be encouraged and incorporated more.” Similarly Bhattrai opined, “Developing a comprehensive evaluation procedure for the selection of Business Ideas is an essential part of the various entrepreneurial activities conducted at and enabled by Idea Studio Nepal. Representing Idea Studio Nepal at the Business Canvas Model Workshop & Training was a comprehensive learning experience for me.” Apart from that Idea Studio Season 5 Ideators Baibhav Pandey, Founder and CEO, Netrakart and Pallavi Guragain, Co-founder, Urban Farms Pvt. Ltd also shared their entrepreneurial experience in the talk series held on the second day of the event.
The final day of the event also saw the attendance of Dr. Tshering Lama, Executive Chairman of Idea Studio Nepal, who delivered the keynote speech and shared his entrepreneurial insights and experience with the attendees. He shared, “There is no winner or loser in entrepreneurship, what matters at the end of the day is if you have executed your idea successfully or not. All of the participants have worked together on how to turn their ideas into business; be proud of that fact. However, do not stop here as learning is a life-long process.”
Similarly, Surendra Subedi, Principal at KMC also delivered words of encouragement during the event. He said, “I am thankful to the Idea Studio Nepal and KMC team for making this event successful. I got an opportunity to listen to brilliant ideas of the student. I look forward to seeing them work on the idea’s business and humanitarian side and use the knowledge they have gained in the coming days.”
The announcement of the top three ideas of the Business Canvas Model Workshop & Training marked the end of the event. The winning ideas were Yeti Cycles- a cycle rental app with cycle stations around Lalitpur, Paral- a brand that produces products made from Paral and On-hub- an online promotion platform for Schools in Kathmandu.
Idea Studio Nepal and Kathmandu Model College aim to provide constant support to students through Kathmandu Innovation Hub, a business incubation center at Kathmandu Model College enabled by Idea Studio Nepal.