The 10 participating companies will receive intensive coaching from local and international professionals that are involved and dedicated to provide hands-on support and networking opportunities. This is a great opportunity for entrepreneurs to scale up their business as the program’s network includes more than two hundred local and international investors and over forty mentors.
The entrepreneurs will learn to define and formalize their business into a clear business model using market research and analysis, business model frameworks, team composition and roles. They will meet mentors to discuss their business model, test assumptions in the market and enhance their business development and sales.
Entrepreneurs will also plan financial and business strategy for years to come, make financial forecasts, think about organizational development, and design their team and operational management to be implemented. More importantly, they learn how to pitch for international investment with clear knowledge of accounting standards, understandable and agreeable to the international investors.
The selected companies are both highly innovative and scalable. They also have new and disruptive ideas and technologies that can drive change. We reveal to you, our top ten for this year.
aQysta; Innovating for Impact
To address the need of cost-effective water pumping solution for irrigation, aQysta developed the innovative hydropower pump – the Barsha Pump. The Barsha pump utilizes energy from the flow of rivers and canals to pump water. It does not require any fuel or electricity for operation. Thus, it neither involves operating expenses nor does it emit any polluting greenhouse gases. The Barsha Pump is a reliable and meticulous design that solves one of the most obvious problems of farmers in Nepal.
Bajra Brick & Tile Industries; Redefining Construction
Bajra Brick & Tile Industries aims to produce good quality and cost efficient construction products with modern, environment friendly technology and local materials to satisfy its customers. The main products of this industry are hollow concrete blocks, concrete bricks, interlocking blocks and finishing interlocking blocks. The company aims to contribute towards quicker reconstruction with the substitution of traditional bricks by their concrete blocks, bricks and tiles.
Cotton Mill; 100 % Cotton Hand Made in Nepal
Cotton Mill manufactures and sells wide range of unique, hand-printed decorative and daily home textiles. Cotton Mill’s products are customized to meet the needs of their individual as well as corporate customers such as boutique hotels. Hand-printing is a traditional process, but it is also a great method as it requires no electricity and creates employment opportunities.
FICUS Biotech; For the love of good quality plants
FICUS Biotech is an agribusiness company established by Biotechnologists. The company is dedicated to addressing and solving the problem of availability of good quality plants through Plant Tissue Culture Technology. The major feature of the company is constant research done by the professional team in order to produce better plants every year. Being in an agro-forestry sector, the company aims to spread out the products to farmers and areas untouched by modern development.
Kalpavriksha Greater Goods; Illuminating villages with empowered women
KGG is a women-led social enterprise that sells high quality small solar lights and clean technology. The enterprise distributes clean technology to last mile consumers through women’s entrepreneurial network. Partnered with Empower Generation, the enterprise trains and supports women from rural areas across the country to distribute clean solution in their communities.
Karkhana; Make, Break, Innovate
Karkhana is an education company and makerspace. Its programs are designed to stimulate creativity, critical thinking, risk taking and developing skills necessary for innovation. Karkhana is run by a team of technologists turned educators, thus bringing a strong understanding of core skills needed in this tech-infused world. Karkhana is active in the global maker and education communities.
Luniva Tech; Digitalizing Health Care
Luniva Tech is an emerging leader in software and application development in Nepal with their primary focus in the health sector. Luniva Care is a health care tool and system that provides easy access to medical record of the patient with the progress status through graphical view. The system not only helps to automate the pathology labs but also track the medical history of patients digitally.
R & D Innovative Solution; Empowering the Farming Community
Incorporated in 2010, R&D has been working in the agriculture sector in the fields of 3Cs -Communication, Consulting and Coordination. The company works as one stop solution for those involved in the agricultural sector by empowering farming community through communication, consulting services and market linkage. The company has 10 Green Mart outlets across the valley that sell organic fresh fruits and vegetables every day.
Value Innovations; Building technologies that add value
Value Innovations is focused in providing appropriate technology and business consulting services for micro and small enterprises. Counting on the experience of designing and manufacturing electrical drying system, the firm is determined to develop appropriate technologies to assist the small businesses for value addition in their products. They custom design machines for different crops and their prime focus is on high cash crops.
Waste Service; Providing waste disposal for hospitals
Waste Service is a social enterprise established with the vision of providing waste disposal and management solutions for hospitals in Nepal, which also helps to eliminate medical waste and control the spread of infectious diseases. It aims to build and operate city based common waste treatment facilities across the country. The focus is placed on proper segregation, collection, transportation, treatment methodology.
Via Rockstart Impact