UGC Launches Entrepreneurship Support Program in Colleges

News 14 Jun 2025 187

UGC Launches Entrepreneurship Support Program in Colleges

The University Grants Commission (UGC) has started an Entrepreneurship Support Program through selected colleges. The primary objective is to encourage young people to establish their own businesses and develop practical solutions to unemployment and migration.

Colleges from different universities were chosen based on proposals submitted to the commission. The program is open to current students, young teachers, and recent graduates who completed their bachelor's or master's degree within the last five years.

Summary:

  • The UGC has launched a new program to assist students, young teachers, and recent graduates in establishing their own businesses and addressing unemployment.

  • N.R. College in Kathmandu hosted an orientation session where students learned about the training and interest-free loans (ranging from NPR 5 lakhs to NPR 40 lakhs).

  • Selected participants will get over 40 hours of practical training on business setup, planning, and management.

  • Experts encouraged participants to be patient, honest, and committed as they begin their startup journey.

Helping Students Build Startups

This initiative is designed to help participants gain the knowledge and skills to start their own businesses.

As part of the rollout, N.R. College in Nepalatar, Ward No. 11 of Tarkeshwar Municipality, Kathmandu, organized an orientation session on Friday, 13th June 2025, for students. 

Orientation Highlights

  • The session was led by Chitravardhan Thapa, Chairperson of the College Management Committee.

  • Rajip Dhital, Campus Chief of N.R. College, explained that selected students will receive hands-on training under this program.

  • With UGC’s support, students can apply for interest-free loans ranging from NPR 500,000 to 4,000,000.

  • He mentioned the program follows a cooperative-based model, focusing on collaboration and mutual growth. 

Training and Certification

  • The college invited applications for the program.

  • Those selected will participate in a training course comprising over 40 hours of practical sessions.

  • After completing the training, participants will receive official certificates. 

Topics Included in the Training

  • Developing business ideas

  • Turning ideas into real products or services

  • Planning and building business models

  • Registering a business in Nepal

  • Understanding the market and customers

  • Setting up management strategies

  • Organizing people and teams

  • Handling accounting and budgeting

  • Raising money or attracting investors

  • Writing detailed business plans

  • Creating social media content for businesses 

Insights from Experts

During the event, students and teachers heard from:

  • Samudra Paudel, a specialist in entrepreneurship

  • Shobhakant Basyal, a well-known business owner

They spoke about what to consider when launching a new business. Both encouraged students to stay committed, work hard, and take the journey seriously.

They reminded everyone that building something meaningful takes time and effort, but it’s possible with honesty and dedication.

Kathmandu

Nepal Rastriya College

Nepaltar, Kathmandu

Estd. 2006

private

+977-1-4966262

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