Nabil Nari Udhyami Seed Camp 2019

The first day of session on 28th June was successfully ended where two professional speakers Sixit Bhatt and Prayas Upadhaya had contributed their meaningful words to the participants talking about what entrepreneurship is and how challenges in the business time period should be tackled with.  Having a positive feedback from participants and more to be learned on coming days, first day session had ended almost on 6 pm.

Talking about the second day of ‘Nabil Nari Udhyami Seed Camp’ on 29th June, 2019, the session started as usual with the registration and interaction over breakfast. Interaction session covered the reflection of recent day learned materials and things to be discussed on present day. After a break and reflection interactive session, on around 9:00 am the first speaker of day was presented. He was Bibhusan Bista, a co-founder and CEO of Young Innovations. Mr. Bibhusan Bista had talked about BMC (Business Model Canvas). Business Model Canvas is a strategic management and lean startup template for developing new or documenting existing business models. Firstly he talked about what business model is in 30 sec and then talked about how organization can create, deliver and capture its values. He focused mainly on connecting suppliers and customers which is the major target for every business people. Talking about various aspects of BMC such as value proposition, establishing relationships, identifying the risk which is through hypothesis creation at first and brainstorming market distribution strategy, he enabled participants to create a complete and robust business model. He basically focused on 1:3 model. For better understanding on BMC and its preparation he talked about his company. However, he had been repeatedly talking about identification of our users and customers and for that it is necessary to prepare customer segmented data base as it would help to position customers.

In addition, he had also talked about value proposition. Value proposition means what customers care about and get from services. Adding to his points he said that before creating a value, any business person should get to understand the customers well and then first pinpoint their pain, recognize the solution or gain from that pain and then finally make a decision. He also talked how channel is important. In meanwhile of his session, teams were given to create the first draft of your business model canvas which most of them hadn’t considered previously. Bibhusan Bista and Ruchin Singh co-ordinated with the team for building BMC. At the end, Bibhusan Bista ended his session with a saying that ‘ every entrepreneurs should think that they are helping the country’.

Next session was from the Narottam Aryal, executive director of King’s Colleges. At the beginning he started with ‘don’t assume in a start-up’. He talked about basic qualities any business man should have such as more organized, human centric, high on emotional intelligence, patience and nurturing. Nari or ‘women’ is necessary I every team because they in nature holds all those characteristics as well women leaders are known as a better leader. After that he talked about the lean start up. Lean start up is all about learning more quickly on what works and discarding what doesn’t work. It means ideas should not be planned finally it should be tested, validated and experimented frequently. He says, before launching it is necessary to conceptualize. He focused on methodology of developing business and products where he says that job of a business man is to find the need and solve the expectations of the customers. But before that always start up with base or minimum capital and then build only your minimum viable product which is created from hypothesis. Only after hypothesis testing and feedback from your customers you should move on and if you cannot get into the heart and mind of your customers means you think you cannot get return from your investment then it is better to not to spend money and think of other ideas. Developing a product cycle , he has explained that rather than taking huge and rapid decision firstly discover if a proposed business model is viable or not which is possible through hypothesis creation.

Session of Narottam Aryal was ended in around 1:00 pm and after that 1-2pm was launch time with networking where team members, mentors and organizers sat together and discussed the opportunities and challenges of their BMC.

After the launch, the final session for a day was of Udgum Khadka, an Educational designer and faculty of Marketing and Entrepreneurship. The major focus of Mr. Udgum Khadka was prototype building. He said that prototype building helps to bring idea into life. The major objective of prototype building is to visualize and understand the ideas, abstract idea to tangible products and have quick and cheap planning. Through his speech and some examples he explored the various ways to develop prototypes as well as various resources and challenges of bringing the ideas to life. The session ended on 4:00 pm.

A short coffee break was done for half an hour after that. And then from 4:30 – 6:00 pm teams are given time to prepare their final BMC with the guidance of their mentors and learning from the day sessions. Once they completed their BMC, they had presented their idea and given feedback by speakers. In this way at the end of the day, participants had known about BMC, Value proposition and Prototype building and preparing the BMC they were able to answer the challenging questions about the practicality of their ideas.  In gist, the second day had been more focused on preparing the final draft of the ideas each team had which was more fruitful.

Nabil Nari Udhyami Camp

With the growth of technology, many new young entrepreneurs are also emerging. While most have successfully implemented their idea then some are still searching medium and mentor to peach their idea. So, in order to give support to the business ideas people, Nabil Nari Udyami Seed Camp 2019 has been organized with a tagline ‘Turn your idea into a business’. The main motive of enrolling and getting selected to the camp is to get an opportunity to refine your idea, learn from experts, develop a business model, attract seed funds and start your business.
Nabil Nari Udhyami Seed Camp is a rigorous 6-day long non-residential business boot-camp designed for aspiring entrepreneurs, early-stage startups and entrepreneurs to refine, validate and Turn their ideas into Business where seasoned entrepreneurs, industry experts, and investors would co-ordinate as a mentor to start-up. The camp has been started from today, June 28, 2019. The whole day program from 8:30 am to 6:00 pm undergoes various idea sharing session, guidance session, network building, BMC construction and many more.
Talking about first day of ‘Nabil Nari Udhyami Seed Camp’, after the registration from 8-9 am, the orientation and welcome program has been taken place for 20 groups who were participants, followed by introduction session on Udhyami seed camp where Udyami team members briefed about what the bootcamp is, what they should expect from this and what are the activities to be carried out by participants. The introduction session has been about 15 minutes from 9:30 to 9:45 am. After the introduction by Udyami Team, c-founder/CEO of tootle, Sixit Bhatta was called as a speaker. On his delivery he started his speech with his entrepreneur journey on how he started the tootle and how many teams he had while establishing. He had said that, ‘entrepreneur is not only problem solving it is more like changing human behavior’.
He had talked about major 5 entrepreneur skills which any idea needs to convert into a business. First skill was being optimistic. He said that ability would lead to succeed or failure. It is always necessary to have faith on our own ideas and never have fear on loosing. It is because fear of losing would lead to pessimistic view and then the company would end without starting. That is why he said that ‘an entrepreneur should have optimistic view’. Second skill is the idea should be diversified. It should not be linked to only one sector but should be diversified so that your customers get to choose. Third thing an entrepreneur should have is growth mentality. You should focus on business and business model enhancement and optimize it instead of growing only on investment and branches.  The session was interactive followed by question and answer terminology where participants had asked about how we can handle the challenges, rumors, risk factors, etc. In that part of answering, Sixit Bhatta gave them the insight view of how he has been handling his company (Tootle) as well as lots of rumors being spread. He talked about his competitor ‘Pathao’ and suggested some tips on how to mitigate the challenges to be faced in coming days of business running. He also talked about the financial help he could offer.
With the use of the famous line of Mohammad Ali, ‘Float like a butterfly, sting like a bee’ he made his future plans clear as well as gave a clear understanding about how obstacle and challenges any entrepreneurs should face in running days.

With the end of the session of Sixit Bhatta, time between 11:00 – 12:30 pm was separated for all the group participants to present their business ideas and how will they proceed through the bootcamp. Later after hearing all the ideas of team members, lunch with networking session was conducted where the teams, mentors and organizers set a network and discussed the business ideas, opportunities as well as challenges on each group ideas.

The next speaker or motivator was Prayas Rajopdhya who started his session from ‘Human Relation not Human Resource’. He has talked about inspiration, emotional intelligence, leadership, conflict management, team development, Attitude learning, etc. He had also talked on how to build trust on people and about team and power. In case of his session, he had conducted various activities such as month day. It was a team management task where a certain numbers are given to solve within certain time frame but without a use of communication. And anotjer activity included guessing the weight but with communication.
Prayas Rajopdhya focused on ‘we’ building than ‘I’ taking all people on one bowl. He said that while starting anything it is always necessary to have patience because one step would never lead to success immediately there come’s lot of hurdles and challenges. He also talked about necessity of being persistence and perspiration in any business for success because hurry and vague words make people mislead your ideas and product. And at the end of his session he included the major parts to be focused while doing start-up; Activity involving money, concrete focus and advantage taken by others. Thus, he ended his session saying that startup cannot pay higher money’.
Overall the first day of campaign was very fruitful and most was about interactoive session between participants and speakers to know their ides. Two professional speakers Sixit Bhatta and Prayas Upadhaya had taught about what entrepreneurship and gave participants insight knowledge on what they should focus and how they should be while doing any start-up. ‘Ideas are necessary but how it is to be implemented and how are your team mates are most to be focused on’, it is what can be learned from first day of ‘Nabil Nari Udhyami Seed Camp 2019’.

What are the Udhyamis up to today? – Makervalley

By Falguni Basnet

Makervalley

Held in the M&S towers, the second iteration of Udhyami Seed Camp was the “Tech Edition”, and sixteen teams participated in the intensive 6-day entrepreneurship programme to turn ideas into businesses. Almost a year into launching their refined businesses, the startups have taken off in different directions. For most of them, the 6-day camp and the subsequent 2 months of follow-up sessions became a stepping stone, packed with information and guidance from experienced individuals. It accelerated their learning process, and helped them come up with polished blueprints of their businesses. Their position in the Nepali and international market today, is exemplary. The following is the third part of the four-parts series, for the second batch of Udhyami Seed Camp, where we catch up with Ashish Katuwal and Pawan Rai, team members of Makervalley.

 

Before joining Udhyami Seed Camp, Katuwal was working on a website for Hire Any Photographer. The idea was to connect creatives, including photographers, to clients through an online platform. He started out with three people, and before he participated in Udhyami, he hadn’t worked much on it. The team heard about Udhyami through social media, and hoped that with its help, they would be able to take their project forward, by bringing their ideas to life.

 

 

At Udhyami, like all the other startups, they got a chance to meet mentors. Since they participated in the tech edition of the seed camp, most of the mentors were involved in the technical sector. “This was very helpful for us, and several of our other projects that we’re working on were born while listening to them and learning from them,” said Katuwal. During the Seed Camp, Katuwal also realized that he was focusing more on building a webpage and software, and not paying as much attention to expanding the team, finding a target audience and so on. The Seed Camp helped them a lot with that as well.

 

With four people in the team now, their project has taken a slightly new direction now. They are working on several projects under the collective name of Makervalley, an open operation lab in Thapathali, Kathmandu. They are exploring 3D printers, working on virtual reality projects, and so on. Recently they also held a hackathon–an event where computer programmers and others involved collaborate on software projects. Currently, they are working on a couple of projects, including a plastic recycling projects and are open to taking more new members. As for their idea of “Hire Any Photographer”, it will remain alive, as a part of Makervalley. “We’re still struggling to discover our revenue model, and actively coming up with marketing schemes, ideas and so on. But one thing is for sure, we’re not only an online platform anymore,” said Katuwal.

 

What are the Udhyamis up to today? – Dulwa Nepal

By Falguni Basnet

Held in the M&S towers, the second iteration of Udhyami Seed Camp was the “Tech Edition”, and sixteen teams participated in the intensive 6-day entrepreneurship programme to turn ideas into businesses. Almost a year into launching their refined businesses, the startups have taken off in different directions. For most of them, the 6-day camp and the subsequent 2 months of follow-up sessions became a stepping stone, packed with information and guidance from experienced individuals. It accelerated their learning process, and helped them come up with polished blueprints of their businesses. Their position in the Nepali and international market today, is exemplary. The following is the fourth part of the four-parts series, for the second batch of Udhyami seed camp, where we catch up with Nipun Shakya, co-founder of Dulwa Nepal.

 

Dulwa Nepal

Nepal Tourism Board aims to attract 2 million tourists by 2020, and Dulwa Nepal, a digital information centre for tourism in Nepal, aims to have 10 percent of the 2 million to come via their website, dulwa.com. About a year before Udhyami Seed Camp, the idea of creating a website with historical, cultural and practical information on the various travel destinations of Nepal under the name of Dulwa Nepal, was born. Dulwa Nepal started out with two members, but through their website, their target audience became everybody interested in visiting Nepal.

 

With a software engineering background, Nipun Shakya, Co-founder of Dulwa Nepal, found himself focusing on only creating the website. “I had very little idea on monetizing the website, expanding the team, or even creating a business model for that matter. I heard about Udhyami Seed Camp through a friend, and I went in hoping I’d be able to clear my confusions regarding the business model and get past the planning stage,” he said.

 

 

Shakya wasn’t disappointed with the outcome of Udhyami. “I learnt how to expand my team, and decide on their job allocations based on their weaknesses and strengths. I also had a clear business model afterwards, and space to work on it,” he said. Today, Dulwa Nepal has five members with one new member in the development team and two more content collectors. Although their idea didn’t change even after Udhyami Seed Camp, they were able to bring Dulwa to the marketplace. Dulwa.com will be a digital platform for travel agencies as well, where they will be able to sell their tour packages. “A lot of travel agencies still haven’t been utilizing social media for selling their tour packages, so this will be a great initiative for them too,” Shakya said. Along with that, Dulwa also plans to establish a tourism information centre in the airport.

What are the Udhyamis up to today? – Team Vermiponics

By Falguni Basnet

Team Vermiponics

Held in the M&S towers, the second iteration of Udhyami Seed Camp was the “Tech Edition”, and sixteen teams participated in the intensive 6-day entrepreneurship programme to turn ideas into businesses. Almost a year into launching their refined businesses, the startups have taken off in different directions. For most of them, the 6-day camp and the subsequent 2 months of follow-up sessions became a stepping stone, packed with information and guidance from experienced individuals. It accelerated their learning process, and helped them come up with polished blueprints of their businesses. Their position in the Nepali and international market today, is exemplary. The following is the first part of the four-parts series, for the second batch of Udhyami Seed Camp, where we catch up with Sandesh Subedi, co-founder of Team Vermiponics.

 

Four B.SC Agriculture students pitched an idea on Vermiponics, a method of growing plants without using any soil, but instead using nutrients from earthworm waste. This idea eventually led to a full-fledged research project, and Sandesh Subedi and other members of the team realized that Vermiponics had a potential to take off in Nepal. And along with that, it would be an option that is more environmentally friendly than soil-based agricultural methods.

 

Team Vermiponics came into Udhyami Seed Camp with a plan to make possible for city dwellers to produce organic vegetables on their own rooftop, balcony, or even inside the room. They decided to join Udhyami Seed Camp in order to gain a better understanding of business strategies. “The 6-day program was information-packed. The most important takeaways for us were the trainings on customer dealing, and an understanding on what kinds of products do well in the market. We learnt the importance of sticking to whatever idea sells, and making the effort to build on that idea,” Subedi said.

 

Right now, the team still has 4 members, and are serving customers within their university in Rampur, Chitwan, the Institute of Agriculture and Animal Science. For the future, they plan to expand on their new ideas, one of them being Aquaponics. “Aquaponics is a combination of fish farming or aquaculture, and hydroponics, which is a soil-less method of growing plants. In Aquaponics, plants and fish are grown together in an integrated system,” said Subedi. This system will solve the problems faced by soil-based planting methods, such as pesticide usage, the amount of water required, and so on.

What are the Udhyamis up to today? – Sriyog.com

By Falguni Basnet

Held in the M&S towers, the second iteration of Udhyami Seed Camp was the “Tech Edition”, and sixteen teams participated in the intensive 6-day entrepreneurship programme to turn ideas into businesses. Almost a year into launching their refined businesses, the startups have taken off in different directions. For most of them, the 6-day camp and the subsequent 2 months of follow-up sessions became a stepping stone, packed with information and guidance from experienced individuals. It accelerated their learning process, and helped them come up with polished blueprints of their businesses. Their position in the Nepali and international market today, is exemplary. The following is the second part of the four-parts series, for the second batch of Udhyami Seed Camp, where we catch up with Prakash Upreti, co-founder of Sriyog.com.

It is no secret that unemployment rates have been on the higher side, and at the same time, hiring human resources has also been increasingly challenging to employers. It is important to bridge the gap between job seekers and employers, which is exactly what Sriyog.com does. A web platform based on part-time job listings, Sriyog lists the names and numbers of job seekers and employers from over 78 growing job categories, and they plan to add more categories in the future. Anyone can freely add in their information in the sectors in which their skills lie,and anyone who is looking for any skilled workers can easily find them.

Sriyog.com

Sriyog started out with 2 members–Prakash Upreti and Ishwar Bhandari, as co-founders. Today, it has expanded its team to 11 people. Upreti had come to Kathmandu on September 2017, and found a newspaper “The Kathmandu Post” lying on the floor while he was entering the hotel room, where Udhyami Seed Camp was advertised. “The program seemed interesting and would be a great platform to meet and learn from business mentors, and so we applied. We were the very last team to get into the program.” Upreti said.

 

“Being from an IT Background, I was quite unfamiliar with business jargons, terms and procedures,” said Upreti. But after Udhyami, Upreti was able to create a good pitch deck, and also was able to model his business using Business Model Canvas, Value Proposition, Design Thinking, The Lean Startup, among others. “I think the most useful learning from Udhyami for me was creating a pitch deck”, he said.

 

After Udhyami, the startup has been serving customers from all over Nepal via google search, its website, direct phone calls, to name a few. They have changed their value proposition, and started working on their revenue streams. In June, they served 11,135 visitors. They are also planning to establish a 24/7 operating call centre and a geolocation based manpower finding system. They plan to expand their website to five Asian countries by 2022.