KATHMANDU, Jan 9: Nishan Shrestha, a student of Kathmandu-based Ratna Rajya Laxmi Campus, has won the Global Student Entrepreneur Awards (GSEA) Nepal competition.
The competition, which was organized by Entrepreneurs' Organization Nepal (EON) in partnership with Nepalese Young Entrepreneurs' Forum (NYEF) in Silver Mountain School of Hotel Management, chose Shrestha to lead Nepal in the Global Student Entrepreneur Awards (GSEA).
Shrestha's company Eco Cell Industries Pvt Ltd produces reliable, economic, environment-friendly and earthquake-resistant building materials. "It is pioneering the production of interlocking bricks in Nepal," a press release issued by NYEF, the apex body of young entrepreneurs in Nepal, said.
Shrestha will represent Nepal at the 2016/17 GSEA Global Finals to be held in Frankfurt, Germany. He will be competing against the top student entrepreneurs from around the world to win US$ 400,000 in cash and donated prizes, the NYEF release reads, adding that he has won a cash prize of Rs 50,000 in GSEA Nepal Finals.
Similarly, Johnson Bokati, a student of Kathmandu University, has been declared first runner-up. His company, Endeaver Pvt Ltd, is an app development company whose first product is an app which helps people to receive calls despite their busy schedules.
Johnson has won a cash prize of Rs 25,000.
Likewise, the third place went to Bikesh Sapkota of Nagarjuna College of IT. His company, Cryptic Thread Technology Pvt Ltd, is an IT company whose main product is a school management system. Bikesh has won a cash prize of Rs 10,000.
Speaking on the occasion, Samir Thapa, GSEA Chair for Nepal, said that the competitions like GSEA can provide a learning opportunity and exposure to student entrepreneurs and will also inspire other students to pursue entrepreneurship.
Ajay Pradhanang, MD, Fluer Himalayan; Ajay Shrestha, Chairman and Managing Director of iCapital; Amod Rajbhandari, Chief Investment Officer, Merchantile Group; Anuj Shrestha, MD, Arya International; Pragun Rajbhandary, MD, Siddhi Ganesh Enterprise; and Sudahrshan Basnet, Chairman, Wellness Hopital were in the panel of judges.
The Global Student Entrepreneur Awards (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,
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