Kathmandu, November 21, 2016: On 20 November, top twelve green ideas competed against each other at the final award gala of the Greenovation Startup Challenge(GSC), a platform to nurture and transform innovative green entrepreneurship ideas of young passionate entrepreneurs into tangible business enterprises. Four outstanding green business ideas, namely Ground Apple, Tyre Treasure, Sishnu, Chepang Ra Paryatan and Wood Gas Stove were awarded on the occasion with a seed amount of Rs 150,000 each to start their ventures.
WWF Nepal in collaboration with Nepal Entrepreneursâ€™ Hub (NEHUB) had kicked off the GSC on 13 September 2016 and within a period of two months, 55 shortlisted participants out of the 160 applicants were mentored to build a common understanding of entrepreneurship and green enterprise principles which would help them turn their green business ideas into reality. 50 initial pitches were made and shortlisted to the final twelve through a voting system involving the participants themselves. The twelve ideas and their corresponding group underwent an intense 54-hour Startup Residential Weekend Marathon Session from 17-19 November in preparation for the final pitches at the award gala.
â€œThe Generation Green campaign is about appreciating and motivating young ideas towards sustainable solutions for the environment while inculcating leadership skills in Nepalâ€™s young generation,â€ said Anil Manandhar, Country Representative of WWF Nepal, adding â€œThe Greenovation Startup Challenge is our maiden undertaking with young people using green entrepreneurship as a platform to engage more individuals in our broader mission to build harmony between people and nature.â€
â€œThis was a unique challenge. The startup culture is emerging in the tech ecosystem, but merging this with the green ecosystem gave us a good platform for green solutions for Nepal and young green entrepreneursâ€, shared Hempal Shrestha, Co-Founder of NEHUB.
Courtesy: WWF Nepal