Aadim ‘Innovation Startup Fund’ of Rs. 1 Million established

Aadim College affiliated with Tribhuvan University has established the ‘Aadim Innovation Startup Fund’. The start-up fund was announced in the special presence of Mahabir Pun, Head of the National Innovation Center, at the Himalaya Hotel on February 28. The College has set up an Aadim Innovation Startup Fund of Rs. 1 million targeting Bachelor of Computer Applications (BCA) final year students. Giving information on the Fund at the press conference, College Principal Shankar Prasad Sharma said that the Entrepreneurship Fund was launched to create opportunities for students across the country. Speaking on the occasion, Mahabir Pun said that it was the first time that a culture of innovation and entrepreneurship had developed in Nepal’s colleges. Pun said, “Even if it starts at Rs. one million, it will encourage hundreds of others to be active in this field.” Chief guest Prof. Dr. Shuvarna Shakya expressed confidence that students would work on ideas and innovation so that the ‘Aadim Innovation Startup Fund’ would be a new dimension to promoting entrepreneurship in the education sector in Nepal. This fund will be provided, in whole or in part, to the outstanding innovative product or project of the student. According to the college, the fund was set up to encourage entrepreneurship skills among students and to build a way of thinking that provides jobs rather than searching for employment. This fund, along with studies, will go a long way towards developing entrepreneurship.