Demola, a Finland-based global innovation challenge platform, has entered Nepal through a partnership with King’s College. On August 14, a formal ceremony was organised in Kathmandu to mark the launch. During the event, five different institutions including Annapurna Media Network, Young Innovations, City Planning Commission of Kathmandu Metropolitan City, Katha Nepal and M&S NEXT Venture Corp signed the agreement to join Demola as the challenge partners.
“King’s as an academic institute has always believed that learning should not be limited to the concrete classrooms and prescribed syllabi. We see Demola as a tool capable of stitching an existing gap between Nepali education institutions and companies as well as government and non-government organisations,” said Narottam Aryal, President of King’s College.
Demola facilitates eight-week long projects where students and company experts work jointly on an innovation challenge, as set by the company as well as organisations. The collaboration will take place from problem identification phase to solution development phase.
According to the college, there are two additional elements to the Demola Project: Demola Facilitators and Universities. While Demola Facilitators will bring about the global knowledge and insights in solving a particular problem of a company/organisations or helping them advance with the introduction of innovation, the University will try to apply the tested and proven academic theories, to help Nepali businesses and organisations reach further heights.
