Nepal Youth Business Initiative
Project Incharge: Mr. Saurabh Jyoti
Program Manager: Ms. Triguna Basnyat

NYBI was born, inspired by and modeled after the Price of Wales Youth Business Initiative (YBI) in UK. With a vision to address the critical issue of youth unemployment, NYEF with support of FNCCI initiated this program. NYBI is committed to promote entrepreneurship development among under privileged and disadvantaged youth by developing their business ideas into viable enterprises under the guidance of a mentor.

Objectives

Ø To assist disadvantaged youth to develop their viable business ideas to enterprise
Ø To develop capacity and skills of youth to make them able to sustain in an employment oriented jobs
Ø To reduce unemployment gaps by promoting entrepreneurship along with leadership and innovation

Whom do we help?

Ø Young People (18 - 35 Yrs.)
Ø Disadvantaged - No Alternate Resources ( grass root level under the program is defined as people having income of Nrs. 7,000.00 or less per family per month )
Ø Viable Business Idea
Ø Will to Succeed

What NYBI Provides?

Ø Finance: Loans Up to Nrs. 50,000.00 – Nrs. 1,50,000.00 with 5% interest on the principal per annum
Ø Mentors: Business Advisors

Current Status

Trustee: NYBI currently has a board of trustees comprising of 11 members. The two honorary memberships are reserved in NYBI trustee’s board for the Past President- FNCCI and President NYEF.

Entrepreneur Selection Panel (ESP): NYBI has ESP panel comprising of 16 members from various areas and backgrounds. At the moment, few of the ESP members are keen to be mentors to the first group of entrepreneurs.

NYBI is on the process of expanding their pool for mentors.

Entrepreneurs: NYBI has successfully selected first group of entrepreneurs to disperse loan and mentor to help them start their business. The first group of entrepreneurs comprise of 4 members. NYBI is on the process of dispersing loan and mentor to the first group of entrepreneurs. Following are the brief detail of selected entrepreneurs and their respective business areas:

i. Ms. Arpana Rajbhandari – Manufacturing: Titaura Production
ii. Ms. Jani Dali – Manufacturing: Pickle Production
iii. Ms. Nanu Kunwar- Business Service: Beauty Parlor
iv. Mr. Rajendra Maharjan- Manufacturing: Mushroom Production

NYBI has also selected 2nd group of entrepreneurs and it comprises of 3 individuals. The project will be supporting them with required seed capital and a mentor to guide them.

Education Beyond
Project Incharge: Mr. Anmol Singh
Members Involved: Mr.Vinayak Prasad, Mr. Mangesh Lal Shrestha, Mr. Varun Lohia, Mr. Santosh Dhakal.

Objectives:
Ø To maintain the quality in the traditional education system and to equip the students with realistic ways of learning.
Ø To provide the practical knowledge as well as the vocational training to the higher-level students (esp. for +2 and Bachelor level students
Ø To provide apprenticeship, assistantship/scholarship programs for those students who are efficient but not economically strong.

Activities:

Ø To arrange educational trips or visits in the different industries of Nepal.
Ø To provide scholarships and sponsorships to the efficient and outstanding but financially challenged students.
Ø To provide apprenticeships program, on the job training for a month for the qualified students on their respective field of interest.
Ø To organize different educational programs, contests, competitions for the different level of students.

Young Achievers' Award (YAA):
Members Involved: Mr. Gaurav Agarwal, Mr. Mangesh Lal Shrestha, Mr. Bishal Gautam, Mr. Suhrid Jyoti, Anish Kabra.

YAA is a tribute to the efforts, achievements and contribution of the young generation to the society. NYEF has taken this initiation to recognize their effort, achievement and contributions to motivate and encourage the youth of Nepal.

The prime objective of this event is to encourage the budding talents of Nepal who have contributed to the society and economy a lot. This award system will be held every year. The achievers’ of the award can be from any specialized area. The candidate might be an entrepreneur, might have contributed to the education, environment or social activities.

Peace Campaign
Project Incharge: Mr. Anish Kabra

NYEF has launched the National Peace Symbol- with support from FNCCI as a part of their joint campaign for peace on 27th June 2004 at the Pasang Lhamu Mountaineering Foundation, Shankha Park.

Motto:
The campaign with the motto, "Nepaliko Chahana, Shanti ko Sthapana"; will serve as a reminder to the people at large for the need of peace and at the same time will motivate the people of Nepal not to give up the hope of seeing a peaceful Nepal in the future.

Activities:
NYEF has created various items displaying the symbol like banners, T-shirts, car/bike stickers to take the campaign ahead

Many corporate houses and organizations have already put up banners displaying the symbol. The symbol has also placed up in some public areas (esp. Maitighar Area).

Many of the organizations have already printed the symbol in their letterheads, visiting cards, stationeries, posters, pamphlets and the wrappings of their products.

IT Projects:
Members Involved: Mr. Mangesh Lal Shrestha, Mr. Dileep Agarwal

With an aim to explore the Information Technology (IT) field, NYEF is planning to start a program related to IT implications.