On 20 November 2016, top twelve green ideas competed against each other at the final award gala of the Greenovation Startup Challenge. Four outstanding green business ideas namely Ground Apple, Tyre Treasure, Sishnu, Chepang Ra Paryatan and Wood Gas Stove were awarded with a seed amount of Rs 150,000 each to start their ventures.
WWF Nepal in collaboration with Nepal Entrepreneurs’ Hub (NEHUB) kicked off GSC on 13 September 2016 and within a period of two months, 55 shorlisted participants out of the 160 applicants were mentored to build a common understanding of entrepreneurship and green enterprise principles which would help them turn their green business ideas into reality. 50 initial pitches were made and shortlisted to the final twelve through a voting system involving the participants themselves. The twelve ideas and their corresponding group underwent an intense 54-hour Startup Residential Weekend Marathon Session from 17-19 November in preparation for the final pitches at the award gala.
“The Generation Green campaign is about appreciating and motivating young ideas towards sustainable solutions for the environment while inculcating leadership skills in Nepal’s young generation,” stated Anil Manandhar, Country Representative of WWF Nepal. “The Greenovation Startup Challenge is our maiden undertaking with young people using green entrepreneurship as a platform to engage more individuals in our broader mission to build harmony between people and nature.”
“This was a unique challenge we took up as a team and in collaboration with WWF Nepal. The startup culture is emerging in the tech ecosystem, but merging this with the green ecosystem gave us a good platform for green solutions for Nepal and young green entrepreneurs”, stated Hempal Shrestha, Co-Founder of Nepal Entrepreneurs’ Hub.
Posted On September 13, 2016
Do you have a business idea that is environmentally responsible? Are you ready to start a green enterprise but don’t know how? To connect, discover, learn and start…here’s where you can set off!
WWF Nepal with the Nepal Entrepreneurs’ Hub (NEHUB) bring to you the Greenovation Startup Challenge (GSC) 2016 that seeks to nurture entrepreneurship ideas linked to an environmental cause in young and passionate entrepreneurs and startup communities. GSC believes in promoting socially responsible entrepreneurship and welcomes participation from diverse sectors offering you a once-in-a-lifetime experience to turn your green business idea into a reality. It provides you a platform in transforming your innovative ideas, from a concept to a performing enterprise, and assists you in the initial set up of your own business.
GSC will conduct preliminary sessions to build a common understanding on key entrepreneurship and green enterprise principles. This will be conducted through 3 Spark Talks and 2 Meet Ups over a one-month period, and include topics like Green Innovation and Social Entrepreneurship, Pitching, Customer Development and Lean Design, Business Model Canvas and ThinkDesign. This will lead to a 54-hour Startup Weekend full of energy, hard work, inspiration, mentoring and motivation for selected candidates on 18-20 November 2016.
The top three ideas from the Startup Weekend will receive a seed money of Rs. 150,000* each for the respective enterprise. The winning candidates will receive two mentoring and guiding sessions* from NEHUB for setting up the business after the event.
If you feel this is your turf, and fall under 18-26 age bar, do apply right away to GSC 2016. The deadline for application is Friday, 30 September 2016. The sessions start from 10 November 2016.
*Terms & conditions apply: Nepal Entrepreneur Hub will charge nominal participation fee for Greenovation Startup Challenge.