Nepal Tourism Board and Udhaymi Innovations, an organization working to build the startup ecosystem in Nepal, have initiated, “Tourism Udhyami Seed Camp”, a platform for entrepreneurs to innovate and start new ventures in the travel, tourism & hospitality sector in collaboration with Laxmi Bank, Laxmi capital, GATE College, Nepal Telecom, World Innovation Forum, Imagine Nepal and Codewing Solutions.
Against the call of applications from aspiring entrepreneurs, 61 eligible applications were received, out of which 34 most appropriate and viable ideas were shortlisted for the interviews. The best and most appropriate 20 teams have been selected by the selection jury based on the pre-designed criteria of selection. The criteria for the ideas selection based on 4 main themes viz. Idea for Tourists’ Service Enhancement, Digital/Technology transformation and innovations in Tourism and Hospitality sector, Ideas to enrich Tourist Experiences, Ideas for Community tourism development and Encourage Women involvement.
The selected team will now go through an intensive boot-camp at Pokhara from 30 Oct-4 November in Pokhara, where they are expected to validate their idea and learn the fundamentals of doing business from industry experts, senior entrepreneurs and business trainers. The teams then follow through another month of follow-up sessions where they develop their product and pitch it in front of more than 300 different stakeholders including potential investors, possible collaborators, senior tourism entrepreneurs and business experts.