FAQ

How can we apply for the program?

Please click here to apply.

 

When will the program run?

For 2017, the tentative dates are from August through November (including Dashain and Tihar Break)

Does Enterprise invest in the companies that they accept in the accelerator program?

Yes. But, only if the businesses have distinct products/services offering. Each business will be judged on their own merits to determine if they would be a good fit for Enterprise.

How much investments can we expect after the program?

The program will help you come up with a financial projection. Based on the financial projection, our partners may offer to take up to 49% stake in your company.

The maximum amount we will invest in any company is 2 crores.

Will we need to write a business plan?

Although a business plan will help us assess your commitment and vision for the company, it is not a requirement for the program. In the program you will be guided to prepare a Business Model Canvas which will help you reassess and think of your business plan in a greater detail.

What if someone steals my business idea?

All mentors, instructors and the companies in the program will sign a Non Disclosure Agreement (NDA). However, this does not necessarily ensure that your idea will not ever get discussed in public.

We believe that more than idea, execution is the key to succeed with every business venture. Your ability to execute and deliver on plans and ideas that you have will only be better after the program.

Do you enroll more than one business operating in the same industry at the same time?

Yes. But, only if the businesses have distinct products/services offering. Each business will be judged on their own merits to determine if they would be a good fit for Enterprise.

How many people from our company can participate?

One person and must be the company’s founder.

How can we attract investors through Enterprise Nepal Business Accelerator Program?

Throughout the program participating companies have the opportunity to refine their business plans to become attractive to potential investors. In addition, the accelerator program concludes with a Demo Day, where, companies are given the opportunity to present their business plans to the investors. Even after the Demo Day, alumni companies can access Enterprise’s resources and reach out to investors.

How much does the program cost?

The overall fee of the program is NPR 150,000.

Is there a minimum age for the participants to be eligible for this program?

Priority is usually given to applicants aged between 25-40 years. However, a business’s age and future potential are our prime interests.

We are not looking for investment. Can we still apply?

Yes. The accelerator program aims to speed up the growth process by helping companies overcome particular issues within their business models.

What are the main benefits of being a part of Enterprise?

Participating companies get to

  1. Revisit and enhance their business models
  2. Collaborate with entrepreneurs and industry experts.
  3. Get an access to a pool of mentors, investors, and lawyers.

Besides this, you get to access a variety of public and closed group resources can add tremendous value to participating companies.

We are also available on Facebook if you have any other questions.