Promoting The Spirit Of Entrepreneurship
Enterprise is a business accelerator program, funded & managed by True North Associates, in order to help growth stage Nepali companies fine-tune their business model, receive funding from investors and move to the next level of business growth. Enterprise was established by NYEF and is the first business accelerator led & operated by the private sector in Nepal.
Enterprise provides 12-week mentorship based programs
to a small number of carefully selected companies looking to grow their businesses and attract new investors. For the first eight weeks of the program, the companies work extensively with experienced mentorsand industry expertsto fine-tune their business models, study relevant market segments, and build a strong financial plan. The program aids the growth of the company through:
We provide a platform that connects companies with potential investors. Through the course of this program we help these companies prepare their financial model and make them ready for investment.
Our web of network expands to professionals and investors from different background and banks, government bodies and different organizations. They have an opportunity to tap into our network and build mutually beneficial partnerships.
We bring in industry experts with years of experience in various fields to conduct sessions throughout the program. The participants receive fundamental knowledge to optimize their businesses and differentiate themselves in their respective market.
The program equips the participants with the necessary tools through which the founders identify their core competencies that they can develop and weaknesses that they need to address. It is a hands-on experience.
We help the companies reassess their business model to align with their vision and objectives. We guide them to plan their finances for the long run and provide them with detailed legal consultation. As a result, the companies are able to manage their resources to achieve a sustainable growth.
The last four weeks are dedicated to helping companies prepare comprehensive and impressive investment pitch suitable for various investor networking sessions. The program culminates with a Demo Day where the companies present their business plan to a selected group of banks, angel investors, venture capital funds, private equity funds, and our other members of the Nepalese entrepreneurial ecosystem.
Get a glimpse of theDemo Daysof the past years:
Companies Funded (in crore rupees)
Is Enterprise for your company?
The program looks for companies that have a strong desire to scale. Ideally, the companies would have been in operation for atleast 3 years, the industry should have market opportunity, companies should be looking to scale up their business, must be looking for financing, a good founding team and must be able to expand their business at accelerated pace post investment.
Do you represent or know such companies?
1st business accelerator led and operated by the private sector in Nepal.
The program provides an elite group of carefully hand-picked mentors from varied areas that participants can seek help from. Each company is assigned one primary mentor, usually matched with the type of industry they are in. Enterprisers in the past have drawn tremendous value through these mentor sessions.
Enterprise brings together professionals from different areas to help you shape your strategy and processes in different functional areas of your company. The instructor sessions which occur each week focuses on training and providing personal coaching on different facets of running a growth company.
Enterprise has successfully conducted three batches of its program. The batch includes companies from a diverse background which are now doing significantly well. The mentorship and the guidance they received from the experts have allowed them to manage their companies with good governance.
Shree Krishna Subedi, August 18, 2017 A value is created when the company creates goods or provides services to solve the problem faced by customers. A value proposition is a promise by a company, a promise of the value to be delivered. It is essential to first...read more
Sandeep Gurung, August 11, 2017 Our company Funkey Delights was just 2 months old when we first came to know about the Enterprise: Nepal Startup Accelerator Program. Our company was offering a new product in Nepal, fried ice-cream rolls and we were observing the...read more
July 28, 2017 Although often used interchangeably, accelerators and incubators are different terms that represent slightly different ideas and concepts. The most distinct difference between the two is the time frame of each. While accelerators operate for a short...read more
Sujan Shrestha, July 21, 2017 Since the 18th century, researchers have longed to characterize entrepreneurs and have come up with varying conclusions ranging from risk bearing mindset to the need for internal locus of control. Several point out the ability to take...read more
Milan Gautam, July 14, 2017 Often, entrepreneurs in need of capital are hesitant to turn down or become too picky about offers from investors on the grounds that after all, they are being offered exactly what they want—money. However, choosing an investor is a task...read more
July 7, 2017 In 1979, interviewers asked Harvard MBA program graduates a simple question: “Have you set clear, written goals for your future and made plans to accomplish them?” 84% of them said that they didn’t set any goals. 13% of them said that they set goals but...read more
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