Business Incubation Center, KathmanduInsights, Challenges and Lessons

Suresh K. RegmiDirector

Business Incubation Center, DoCSIKathmandu

Immediate Past PresidentIT Professional Forum (ITPF)

Managing Director,Professional Computer System P. Ltd. (PCS)

WithShashi Bhattarai, General Secretary, ITPF

Shyam Prasad Giri, General SecretaryFederation of Nepalese Cottage and Small Industries

Contents of Presentation

General BackgroundVision, Mission, Goals and ObjectivesCurrent Status

BoardBIC ManagementIncubatees

ChallengesLessons

Where is Nepal?

Department of Cottage & Small Industries (DoCSI) – Government of Nepal

Objectives:Develop entrepreneurship in the countryProvide employment opportunitiesProvide technical consultancy to industriesProvide service, encouragement & promotion to entrepreneursProvide contribution to industrial development of the countrywww.dcsi.gov.np

IT Professional Forum (ITPF)

ICT professionals organization of NepalNon-profit makingNon-governmental organization

Motto: ICT Enabled Development of NepalPast Activities: ICT Advocacy, Professional Training, ICT Consultation, Micro-enterprise Development, E-procurement Portal, Martus System (HRW) Installation & SupportIncubation Initiative in Nepal URL: www.incubation.org.npPublic Procurement Portal: www.bolpatra.com.npITPF’s Website: www.itpfnepal.org

Federation of Nepalese Cottage & Small Industries (FNCSI)

A not for profit, non-political, non-governmental Business Membership Organization (BMO)About 30,000 general members in totalHas its networks in 70 districts out of 75 districts in NepalRepresenting the entire micro, cottage and small industries (MCSIs) of the countrywww.fncsi.org.np

Business Incubation Center Kathmandu (BICK)

infoDev Support for Business Planning

BICK

Vision: Transform innovative ideas into dynamic enterprise for global competitiveness

Mission: Center of excellence generating technology based high value added products & services through proactive and comprehensive business support to creative entrepreneurs.

Goal: To create successful growth oriented techno-enterprises strengthening the national economy.

BICK Board

DG of DOCSI - ChairpersonRep. from Ministry of Science and Technology Rep. from Kathmandu UniversityRep. fromFederation of Nepalese Chamber of Commerce and Industries (FNCCI) Rep. from Information Technology Professional Forum (ITPF)Rep. from Nepal Academy for Science and Technology (NAST)Director DoCSI - Member Secretary

Current StatusBusiness Incubation Centre, Kathmandu (BICK)

Management

BIC as new entity within DoCSICurrently working under guidance from BICK BoardMember Secretary directly undertaking the work of Incubation Center Manager nowThis task is in addition to other previous committmentsComplete management outsourcing of BIC is found better optionManagement outsourcing is in Process

Current StatusBusiness Incubation Centre, Kathmandu (BICK)

Infrastructure

Renovation of old building in DoCSI for BICKPurchase of computers, printers, photocopiers etc.Rooms for Incubation Manager, Meeting Room, Secretariate, Computer, Incubatee, Library

Undergoing incubatee selection processCall for proposals was made39 proposals were received

ICT – 18%Agro-based – 15 %Herb based – 13 %Handicrafts – 18%Energy Related – 18 %Others (mineral, multimedia etc.) – 18 %

Short listing of 15 proposalsWorkshop for short listed incubateesDetailed proposals were submitted and finalizing of selected incubatees in process

Current StatusBusiness Incubation Centre, Kathmandu (BICK)

Incubatees

Weak synergy in actionDelay in policy interventionPolitical instabilityBureaucratic instabilityInstitutional capacity

BICK Challenges

BICK - Lessons Learnt

Extensive promotional activities are required to aware prospective incubateesConfidence & credibility of Incubators needs to be raised to attract incubatee with great potential enterprise

Concluding Remarks

More incubation centers needs to be established

Umbrella organizations of SMEs like FNCSI and academia such as Kathmandu & Tribhuwan Universities are interested in setting up incubators

Crucial support from bi-lateral and multi-lateral donor agencies is sought

www.incubation.org.np

Thank YouEmail to:skregmi@pcs.com.npitpf@info.com.np

IIN URL : www.incubation.org.np

ITPF URL: www.itpfnepal.org

E-procurement URL:www.bolpatra.com.np