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Business Incubation Center, Kathmandu Insights, Challenges and Lessons

Business Incubation Center, Kathmandu Insights, Challenges and Lessons. Suresh K. Regmi Director Business Incubation Center, DoCSI Kathmandu Immediate Past President IT Professional Forum (ITPF) Managing Director, Professional Computer System P. Ltd. (PCS) With

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Business Incubation Center, Kathmandu Insights, Challenges and Lessons

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  1. Business Incubation Center, KathmanduInsights, Challenges and Lessons Suresh K. Regmi Director Business Incubation Center, DoCSI Kathmandu Immediate Past President IT Professional Forum (ITPF) Managing Director, Professional Computer System P. Ltd. (PCS) With Shashi Bhattarai, General Secretary, ITPF Shyam Prasad Giri, General Secretary Federation of Nepalese Cottage and Small Industries

  2. Contents of Presentation • General Background • Vision, Mission, Goals and Objectives • Current Status • Board • BIC Management • Incubatees • Challenges • Lessons

  3. Where is Nepal?

  4. Department of Cottage & Small Industries (DoCSI) – Government of Nepal • Objectives: • Develop entrepreneurship in the country • Provide employment opportunities • Provide technical consultancy to industries • Provide service, encouragement & promotion to entrepreneurs • Provide contribution to industrial development of the country • www.dcsi.gov.np

  5. IT Professional Forum (ITPF) • ICT professionals organization of Nepal • Non-profit making • Non-governmental organization • Motto: ICT Enabled Development of Nepal • Past Activities: ICT Advocacy, Professional Training, ICT Consultation, Micro-enterprise Development, E-procurement Portal, Martus System (HRW) Installation & Support • Incubation Initiative in Nepal URL: www.incubation.org.np • Public Procurement Portal: www.bolpatra.com.np • ITPF’s Website: www.itpfnepal.org

  6. Federation of Nepalese Cottage & Small Industries (FNCSI) • A not for profit, non-political, non-governmental Business Membership Organization (BMO) • About 30,000 general members in total • Has its networks in 70 districts out of 75 districts in Nepal • Representing the entire micro, cottage and small industries (MCSIs) of the country • www.fncsi.org.np

  7. Business Incubation Center Kathmandu (BICK) infoDev Support for Business Planning

  8. BICK • Vision: • Transform innovative ideas into dynamic enterprise for global competitiveness • Mission: • Center of excellence generating technology based high value added products & services through proactive and comprehensive business support to creative entrepreneurs. • Goal: • To create successful growth oriented techno-enterprises strengthening the national economy.

  9. BICK Board • DG of DOCSI - Chairperson • Rep. from Ministry of Science and Technology • Rep. from Kathmandu University • Rep. fromFederation of Nepalese Chamber of Commerce and Industries (FNCCI) • Rep. from Information Technology Professional Forum (ITPF) • Rep. from Nepal Academy for Science and Technology (NAST) • Director DoCSI - Member Secretary

  10. Current StatusBusiness Incubation Centre, Kathmandu (BICK) • BIC as new entity within DoCSI • Currently working under guidance from BICK Board • Member Secretary directly undertaking the work of Incubation Center Manager now • This task is in addition to other previous committments • Complete management outsourcing of BIC is found better option • Management outsourcing is in Process Management

  11. Current StatusBusiness Incubation Centre, Kathmandu (BICK) • Renovation of old building in DoCSI for BICK • Purchase of computers, printers, photocopiers etc. • Rooms for Incubation Manager, Meeting Room, Secretariate, Computer, Incubatee, Library Infrastructure

  12. Current StatusBusiness Incubation Centre, Kathmandu (BICK) • Undergoing incubatee selection process • Call for proposals was made • 39 proposals were received • ICT – 18% • Agro-based – 15 % • Herb based – 13 % • Handicrafts – 18% • Energy Related – 18 % • Others (mineral, multimedia etc.) – 18 % • Short listing of 15 proposals • Workshop for short listed incubatees • Detailed proposals were submitted and finalizing of selected incubatees in process Incubatees

  13. BICK Challenges • Weak synergy in action • Delay in policy intervention • Political instability • Bureaucratic instability • Institutional capacity

  14. BICK - Lessons Learnt • Extensive promotional activities are required to aware prospective incubatees • Confidence & credibility of Incubators needs to be raised to attract incubatee with great potential enterprise

  15. Concluding Remarks • More incubation centers needs to be established • Umbrella organizations of SMEs like FNCSI and academia such as Kathmandu & Tribhuwan Universities are interested in setting up incubators • Crucial support from bi-lateral and multi-lateral donor agencies is sought

  16. www.incubation.org.np

  17. Thank You Email to: skregmi@pcs.com.np itpf@info.com.np IIN URL : www.incubation.org.np ITPF URL: www.itpfnepal.org E-procurement URL: www.bolpatra.com.np

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