United Academy

Hult Prize at IOE Mentorship Session Sparks Innovation and Resilience

January 17, 2024
Hult Prize at IOE Mentorship Session Sparks Innovation and Resilience
KMC Lalitpur

In a bid to foster entrepreneurial spirit among young minds, the Hult Prize at IOE, Pulchowk Campus, recently organized its third mentorship session at Advanced College of Engineering and Management. The event, centered around the theme "Forming the Dream," saw enthusiastic participation from budding entrepreneurs and featured distinguished guest speakers who added a wealth of insights to the occasion.

The program commenced with an informative introduction about the Hult Prize, setting the stage for an afternoon filled with inspiration and learning. The active involvement of young entrepreneurs, coupled with the presence of outstanding guest speakers, contributed to the overall success of the session. Gratitude was extended to the associate sponsor, The Himalayan Times, for their support.

The esteemed guests for the event were Ramesh Pathak, CEO of Naamche, and Ms. Ichhya Malla, a seasoned Corporate Trainer. Ms. Malla set the tone for the session with a warm greeting, highlighting the importance of understanding a speaker's background for assessing credibility. Her journey, from schooling in India to graduating from Johns Hopkins University in the USA, and subsequent experience at Microsoft, provided a valuable backdrop to her insights.

Ms. Malla's professional versatility across sectors such as banking, automobiles, and real estate was underscored, particularly her recent contribution in team-building training for the multinational company Axiata in Nepal. Her engaging approach involved the audience actively, prompting them to share their motivations for attending and expectations. Throughout the training, Ms. Malla delved into fundamental concepts of teamwork, addressing potential challenges in collaborative environments. Her expertise in organizational development, team building, and human resources shone through, offering practical insights and problem-solving strategies for effective teamwork in various corporate contexts.

Following Ms. Malla's impactful session, Mr. Ramesh Pathak, CEO and co-founder of Naamche, took center stage to deliver an insightful discourse on the essence of startups. With an electrifying presence, Mr. Pathak conveyed that the driving force behind every startup is the pursuit of growth. Navigating the complexities of the startup landscape, he unveiled essential components necessary for embarking on the entrepreneurial journey.

Mr. Pathak shared the origin story of Naamche, openly discussing challenges in recruiting top-tier talent and emphasizing the pivotal role of a skilled team in a startup's success. The conversation broadened to cover topics such as profitability, the influence of foreign investments, and strategies for sustaining a startup in a dynamic market. Mr. Pathak concluded with a candid discussion on the inevitability of startup failures, sharing valuable insights into lessons learned and the resilience fueling Naamche's growth.

The mentorship session left participants captivated and inspired, instilling a renewed sense of determination. As the event drew to a close, attendees expressed their appreciation for the engaging and enriching experience, marking it as a significant milestone in their entrepreneurial journeys.

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