Open to all Nepali citizens with a creative and innovative solution who are at ideation, start-up, and scale-up stages of their businesses. This programme is committed to equal opportunities to all, irrespective of gender, religion, culture, social status, marital status, sexuality, disability, age et cetera. Applicants below 18 years of age need to have parental consent to apply to Idea Studio Nepal Season 5.
You can submit the idea online through our website (www.ideastudio.org.np). You can also email your innovative ideas at [email protected]. You can also download the form, fill in your details, take a photograph and send it to [email protected]. np.
The last day of application submission is January 31, 2022 ( 17 Magh, 2078).
Any ideas that are innovative that address social, environmental, and economical issues sustainably in Nepal.
35
The selection comprises of two stages:
First stage: Out of the total submitted ideas 75 will be shortlisted for 1st round pitching
Second stage: 75 shortlisted candidates will be called for an audition round to pitch their business
Third stage: After the audition 35 candidates will be selected by business gurus for the incubation program.
Around the end of February.
Learning opportunity during the incubation programme
Mentorship and networking opportunities from leading business personalities and experts
Eligibility to receive Investment to start and scale the business
Exposure in the national television show
Yes
Selected candidates will be informed of the Incubation’s start.
Idea Studio Nepal will take a Strategic Equity of 5-10% depending upon the nature and valuation of the shortlisted companies. Strategic Equity is to help the businesses perform and execute their plans and for Idea Studio to put their skin into the business they support.
Yes
Yes.
No.
You can send an email at [email protected] or call +977 9801178787, +977 015186277
No
No
Our judges (business gurus) and mentors/coaches are experts from the private and public, academia, and development sectors.
No
No
Impact and creativity of the idea
Venture readiness of the business
Entrepreneur readiness
Either, it’s your call.
You can have as many people in the group but only one person will represent and participate in the incubation programme.
Yes. One member of the team will have to participate and represent full time.
You get an opportunity to learn in the incubation programme.
A Non-disclosure agreement will be signed between the ideator and Idea Studio.
No
None
No
You will need to be completely involved in the incubation programme. No exception.
Yes
Yes, you can be a Nepali citizen or Non-resident Nepali.
No
Idea Studio is a platform to turn promising ideas into solutions and ultimately ignite social change and unlock potentials in favor of entrepreneurship through innovation.
CIH 2018
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CIH 2020
CIH 2021
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CIH 2023
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