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Katuwal to compete in global final of Global Student Entrepreneur Awards

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KATHMANDU, March 1: Paras Katuwal has won the Global Student Entrepreneur Awards (GSEA) Nepal competition.

Katuwal, a student of The British College, will represent Nepal at the 2016 GSEA Global Finals in Bangkok, Thailand, according to Entrepreneurs' Organization Nepal (EoN) and Nepalese Young Entrepreneurs' Forum (NYEF) - the organizers of the competition. He will be competing against the top student entrepreneurs from around the world to win over US$ 400,000 in cash and donated prizes. He won cash prize of Rs 50,000 in GSEA Nepal competition.


Nepal Thopa Sinchai Pvt Ltd, the company promoted by Katuwal, supplies advanced agricultural and smart irrigation tools and services to farmers and institutes working in technology-based modern agriculture. "It is a pioneering company in the field of complete irrigation package in Nepal providing delivery of drip and sprinkler irrigation, fogger system as well as fertilization equipment for small land holders, commercial agricultural farm, golf courses, hotel gardens, residential and offices premises," the organizers said in a statement. It also provides training packages, counseling to new farmers and does feasibility study for commercial agriculture including layout and farm design.

Ritesh Marwadi, a student of Lord Buddha Education Foundation, won the second price. His company, We Fear Silence, is a breakthrough concept in events and marketing that has revolutionized the music and clubbing scene in Kathmandu, according to the statement. It is also a 360-degree brand communication agency based in Kathmandu with presence in major cities in Nepal. Ritesh has won cash prize of Rs 25,000.

Similarly, Asish Thakur of King's College won the third prize. His venture, Glocal Pvt Ltd, works on online media, ECAs consultant and web/app development. Asish has won cash prize of Rs 10,000.

Suman Joshi, former CEO of Laxmi Bank; Dileep Agrawal, managing director and founder of WorldLink Communications; Samir Thapa, chairman of Silver Mountain Group of Companies; Bibhusan Bista, founder and CEO of Young Innovations; Ajay Shrestha, chairman and managing director of iCapital; and Pavitra Gautam, founder and CEO of Karkhana, were the judges for the competition.

As the premier global competition for undergraduate students, GSEA represents more than 1,700 of the prominent student entrepreneurs from more than 37 countries. Built on a mission to inspire students to start and grow entrepreneurial ventures, GSEA brings global visibility to pioneering student business owners, the statement added.



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