Kathmandu, August 17
Oulu University of Applied Sciences, Finland, on Thursday announced the launch of a new project, Building University Capacity to Support Business Incubation in Nepal (BUCSBIN).
The three-year project will be implemented in partnership with four Nepali institutions including two academic—King’s College and Kathmandu University School of Management—and two industrial institutions—Young Innovations Pvt Ltd and Idea Studio Nepal.
The goal of the project is to build capacity of higher educational institutions in Nepal to better facilitate job creation by incubating student-led ventures.
Likewise, the project will help promotion of employment, livelihood and wellbeing in Nepal, which are priority areas of development for the country under the Finnish Ministry of Foreign Affairs.
A memorandum of understanding for the project was signed on Thursday amidst a ceremony in Kathmandu.
The Finnish university says that the project is being introduced and launched in Nepal in response to the increasing involvement of universities in promoting and strengthening the inter-disciplinary teaching methods and practices and applied activities of business incubation.
