Kathmandu, August 24, 2017: Accelerator Nepal, through a working partnership with Rockstart Impact and Nepal Communitere, has opened applications for its entrepreneurship development program. Focusing on business incubation and acceleration, this program aims to make entrepreneurs acceleration ready by providing support via incubation, acceleration and investment.
“This collaboration will help early stage businesses access growth capital to create new jobs,” says Rabi Rayamajhi, Private Sector Development Advisor at DFID Nepal, supporter for the program.
A total of twenty-two companies will be selected for the program. These companies will be divided into two groups: ten of the companies will go to the 100 days acceleration program Rockstart Impact, whereas the other twelve companies will be incubated for a year at Nepal Communitere’s I-Cube incubation program.
These programs provide entrepreneurs with critical coaching and mentoring needed for business development, along with other tools required to grow their business to the next level. The overall goal of this program is to support high potential entrepreneurs and link them to domestic and international growth capital.
“We are excited to finally be able to fill a gap within the entrepreneurship ecosystem in Nepal by providing meaningful business incubation services to inspiring entrepreneurs and set them up for true success!” expressed Bahar Kumar, Nepal Communitere Strategic Advisor.