Far Western University Cultivates Entrepreneurs in Nepal

March 25, 2024
Far Western University Cultivates Entrepreneurs in Nepal

Far Western University (FWU) has launched a pioneering Entrepreneurship Development Program aiming to foster entrepreneurship among students. The initiative aims to equip young minds with the skills and resources necessary to embark on entrepreneurial ventures within Nepal, thereby curbing the trend of students seeking employment abroad.

Thirty-one students from the Agriculture Science Department at FWU have been handpicked to participate in the program. Following a rigorous selection process, these students have been offered 45 hours of intensive training to nurture their entrepreneurial acumen.

Post-training, the Agriculture Science Department will formulate five proposals, slated for submission to the University Grants Commission for funding. Successful applicants from these proposals stand to receive financial support of up to 4 million Nepalese Rupees. This monetary assistance will serve as a catalyst for entrepreneurial endeavors, with investments aimed at promoting sustainable business ventures.

The program's focus extends beyond theoretical knowledge, with an emphasis on practical, income-generating activities. Proposed ventures span a diverse range of sectors including nursery management, vegetable cultivation, pickle production, beekeeping, and textile manufacturing from banana fiber, among others.

Associate Professor Santosh Upadhyay, highlighting the significance of the initiative, stated, "This program is designed to redirect our students' focus towards entrepreneurship within Nepal. By becoming entrepreneurs, they not only ensure their own livelihoods but also contribute to the nation's economic growth."

Kalu Hamal, an agricultural scientist and advocate for agri-tourism, underscored the importance of passion and dedication in entrepreneurial pursuits. He emphasized the potential of agri-tourism to generate employment opportunities and stimulate economic prosperity within the country.

Echoing similar sentiments, Dhavindra Rawal, the head of Tikapur Multiple Campus, expressed optimism about the program's ability to instill a spirit of entrepreneurship among participants. He highlighted the value of practical training in honing entrepreneurial skills and fostering business acumen.

Lal Bahadur Chaudhary, operator of Karuna Nursery, emphasized the role of knowledge, diligence, and investment in achieving entrepreneurial success. He encouraged students to seize the opportunity provided by the program to realize their entrepreneurial aspirations.

Dr. Bishnu Bilas Adhikari, head of the Agriculture Science Department, reassured students who were not selected for funding that financial constraints would not hinder their entrepreneurial endeavors. He affirmed the university's commitment to nurturing a culture of entrepreneurship and innovation among its students.