STARTUP AWARD
NYEF Startup Awards, organized by NYEF Kathmandu Chapter is a premier competition and bootcamp for enthusiastic and driven entrepreneurs like you because we believe that you want to nurture your startup into a scalable business. If your startup has been in the market for less than 4 years, this is just the right platform.
Our objective is to develop a business ecosystem in Nepal through the means of exposure, mentorship and investment. We will equip you with an intense mentorship program and then provide you a platform to pitch your business in front of a panel of judges.
The Organizer
Nepalese Young Entrepreneurs' Forum (NYEF) is an apex body of young entrepreneurs in Nepal. It is a membership-based non-profit organization, established with a vision of empowering positive business thinking. It aims at creating outstanding entrepreneurs through idea exchange, fellowships, education, training, and advocacy among the Nepali youth.
NYEF brings together young entrepreneurs within the country. It promotes entrepreneurial mindset and a shared vision through an effective and much needed networking of young entrepreneurs. After a successful start in Kathmandu, it now has chapters in 10 different cities of Nepal and covers all 7 provinces with more chapters in the pipeline.
Nation always comes first before your business.
We believe in collective leadership and team work. We will trust and respect each other.
We celebrate success and learn from our failures. We always strive for continuous improvements.
We don't fear change, we embrace it. We encourage change, ideas, innovation and always strive to find better ways of doing things.
How things happen?
After the registration is open on 10 Am of 12th August, founders can nominate their startup for the competition, or any individual can nominate a startup for the competition.
Registration Closes on 12 midnight of 24th September, nominations submitted after the registration is closed will not be considered valid for the competition.
On 10th October, a virtual orientation program will be held where the NYEF Startup Awards Team will walk the participants through what the program will look like and all the details they require during the program.
After the orientation program, only the individuals attending the orientation will receive a form where they have to fill up the details and submit before 12 midnight of 15 October; startups that fail to do so will be disqualified.
Between 16 October and 19 October, the NYEF Startup Award Admission and Selection Team will go through all the applications, filter them and shortlist the final 15 startups. The final 15 will be notified on 20th October.
On 2nd November and 3rd November, the first expert sessions will be held onsite for the startups, where experts of the different fields will do a live session along with Q&A followed by interaction and networking.
On 6th November 2022, startups will come together to pitch their startups, where only top 15 will be selected to proceed forward in the competition.
7th November 2022 and 8th November 2022, startups will meet their designated mentors. Participants get an opportunity to meet and learn from renowned mentors who have already started their own startups or who know the startup ecosystem.
On 9th November, the Top 15 startups will come together for rehearsal and demo pitch before the final demo day.
On 11th November, all the finalists will come together to pitch before a large audience consisting of startup enthusiasts, founders, mentors, experts, and Judes from different fields. The winners will be announced on the same date.
Checklist of criterias
Your startup should be officially recognized and registered by the government of Nepal.
Your startup should have been in operation within 4 years (not more than) from the date of registration.
Your startup should have a product or service in place.
You must submit latest audited financial statements if you proceed to the next round.
Startup owned by any NYEF member shall not be eligible.
Rules to follow
The application form is to be filled in English only.
Any false information provided will result in the immediate elimination.
Signing a non-disclosure agreement (NDA) is a must.
Allowances shall not be paid for travel or stay.
Participants should be in formals during the pitch.
The startup founders should be able to commit their time as required for the participation.
Contact Us
If you would like to contact us, please do not hesitate. We are happy to hear from you. You can also find NYEF on Facebook, Instagram, and Linkedin.
