Kathmandu, March 1, 2016: Paras Katuwal a student of The British College became the proud winner of the Global Student Entrepreneur Awards (GSEA) Nepal competition. The GSEA Nepal competition was successfully organized by Entrepreneursâ€™ Organization Nepal in partnership with Nepalese Young Entrepreneursâ€™ Forum (NYEF) in Mid Valley International College, Gyaneswor, Kathmandu.
Parasâ€™s company Nepal Thopa Sinchai Pvt. Ltd. supplies advance agricultural and smart irrigation tools and services to farmers and institutes working in technology based modern agriculture. It is a pioneering company in the field of complete irrigation package in Nepal providing delivery of drip and sprinkler irrigation, fogger system as well as fertilization equipment for small land holders, commercial agricultural farm, golf courses, hotel gardens, residential and offices premises. It also provides training packages, counseling to new farmers and does feasibility study for commercial agriculture including layout and farm design.
Paras will go on to represent Nepal at the 2016 GSEA Global Finals in Bangkok, Thailand. He will be competing against the top student entrepreneurs from around the world in the hopes of winning over US$400,000 in cash and donated prizes. He has also won a cash prize of Rs. 50,000/- in GSEA Nepal Finals.
The second place went to Ritesh Marwadi, a student of Lord Buddha Education Foundation. His company, We Fear Silence is a breakthrough concept in events and marketing that has revolutionized the music and clubbing scene in Kathmandu, Nepal. It is also 360 degree brand communication agency based in Kathmandu with presence in major cities in Nepal. Ritesh won a cash prize of Rs. 25,000/-.
The third place went to Asish Thakur, a student of Kingâ€™s College. His venture, Glocal Pvt. Ltd. works on online media, ECAs consultant and web/app development. Asish won a cash prize of Rs. 10,000/-.
The judges for the competition were Suman Joshi, Former CEO of Laxmi Bank; Dileep Agrawal, Managing Director and Founder of World Link Communications; Samir Thapa, Chairman of Silver Mountain Group of Companies; Bibhusan Bista, Founder and CEO of Young Innovations; Ajay Shrestha, Chairman and Managing Director of iCapital; and Pavitra Gautam, Founder and CEO of Karkhana.
The GSEA Chair for Nepal, Reetal Rana mentioned that competitions like GSEA have helped to inspire students to understand that innovations in businesses are a key tool to success.
About the Entrepreneursâ€™ Organizationâ€™s Global Student Entrepreneur Awards
As the premier global competition for undergraduate students, theÂ Global Student Entrepreneur AwardsÂ (GSEA) represents more than 1,700 of the prominent student entrepreneurs from more than 37 countries. Built on a mission to inspire students to start and grow entrepreneurial ventures, GSEA brings global visibility to pioneering student business owners.
Since 1998, the GSEA, a program founded at the John Cook School of Business at Saint Louis University, has honored outstanding students who simultaneously attend university full-time while running their own businesses. The Entrepreneursâ€™ Organization (EO) took on leadership of the GSEA in 2006 to offer student entrepreneurs access to a global network of mentors, resources and connections from the most influential community of entrepreneurs in the world. The Entrepreneursâ€™ Organizationâ€™s GSEA is generously supported by Thomas Franchise Solutions.
About the Entrepreneursâ€™ Organization
TheÂ Entrepreneursâ€™ OrganizationÂ (EO) is aÂ global business networkÂ of more than 11,000 business owners in more than 150 chapters and 50 countries. Founded in 1987 by a group of young entrepreneurs, EO enables small and large business owners to learn from each other, leading to greater business success and an enriched personal life. The organizationâ€™s vision is to build the worldâ€™s most influential community of entrepreneurs, which aligns with its mission of supporting entrepreneurial education and engaging entrepreneurs to learn and grow.
The Entrepreneursâ€™ Organization also operates theÂ Global Student Entrepreneur Awards (GSEA), the premier award program for undergraduate students that own and run businesses while attending college or university; andÂ Accelerator, a series of quarterly, high-impact learning events designed to provide top business owners with the tools, knowledge and skills they need to grow their businesses to more than US$1 million in annual revenue.
About the Nepalese Young Entrepreneursâ€™ Forum (NYEF)
Nepalese Young Entrepreneursâ€™ Forum (NYEF) is an apex body of young entrepreneurs in Nepal, established with a vision of empowering positive business thinking. NYEF works in the field of entrepreneurship promotion at all levels of the entrepreneurship eco-system. It aims at creating outstanding entrepreneurs through idea exchange, fellowships, education, training and advocacy among the Nepali youth. The forum was officially instituted by the Federation of Nepalese Chamber of Commerce and Industries (FNCCI) in September 26, 2003.