Entrepreneurship has been a global trend for a long time. Entrepreneurs are seekers of opportunities and in developing countries, like Nepal the opportunities are innumerable. A hotbed for entrepreneurial activities, we do have an entrepreneurial ecosystem. But is it a viable ecosystem? Are there opportunities and funding agencies that support the young entrepreneurs? Is there a support system to mentor and groom these young entrepreneurs? It is a sad realization that Nepal's entrepreneurial ecosystem has not developed yet.
Our country, Nepal, doesn't lack the energetic and enthusiastic young minds. But given ample opportunities, these new generations can definitely take the helm of the nation.
However, the lack of political stability, favorable policies and corruption has demotivated the entrepreneurs to come forward. Furthermore, limited financial access and low returns also set back the innovative entrepreneurial activities.
Problems are the opportunities unexplored, with this mindset a few entrepreneurs have emerged. They are familiar with the outer world and know to groom and supporting the young entrepreneurs is the only way to make a new identity in the world. They exploit the opportunities and solve the problems of society, in turn aiding in the nation's development. With the unemployment rates rising, they also create job opportunities by establishing their own ventures.
Having said that, we have to agree that Nepal is full of opportunities which can support a healthy entrepreneurial ecosystem. As a developing country, Nepal provides a unique advantage for new ventures due to lack of competitions. In addition to this, with a network of entrepreneurs to guide and mentor young entrepreneurs, Nepal could have a viable ecosystem to sustain entrepreneurial activities.
Hence, in Nepal, the concept of entrepreneurship and startup is going to be a piece of hot cake in the coming days. But for this, startup sector, business hubs, government, the policymakers, diplomats, and everyone needs to put a step ahead and initiate from their own level.
Nepal Startup Meet is a platform for young entrepreneurs to be involved in one of the largest entrepreneurial society. It provides entrepreneurs with an opportunity to share their experiences and receives guidance and mentorship. Further, Nepal Startup Meet is a platform where one can pitch his/her ideas to the potential investors as well as funding agencies, VC's, Angels etc. These startups will later be groomed under the project called 10000 startups initiated by Nepal Entrepreneurs Society, a subsidiary of Ganesh Man Singh Academy.
