KU, UNICEF launch ‘innovation incubator’

KU, UNICEF launch ‘innovation incubator’

Kathmandu University and UNICEF signed a memorandum of understanding (MoU) in Dhulikhel today. "The partnership is both timely and important as it comes at a critical time when Nepal aspires to build a socially inclusive and economically productive society,” UNICEF representative Hanaa Singer said in a statement. “Our joint initiative is aimed at providing hope to the young and motivated Nepalis to come forward with creative and innovative ideas that can solve social issues faced in their local communities," she said, adding that it is something that young Nepalis really need, especially in a backdrop of youth migrating abroad in large numbers in search of greener pastures of employment and academic opportunities. Singer also emphasised on the importance of monitoring and developing ways of dealing with the new global generation of Nepalis so that their tremendous potential could be unlocked to ignite social change. "Today’s youth are not only youth of a small community, small society or a country," vice chancellor of Kathmandu University Prof Dr Ram Kantha Makaju Shrestha, said, They are the youth of a global village. "Together with UNICEF, we want to create a venue of excellence, packing it with knowledge for youth, knowledge that meets the needs of the society." According to the agreement the partnership will help pioneering collaboration between the two organisations for promoting innovation and entrepreneurship among youths in the country, according to the memorandum. The two institutions will work together in the first ever 'Innovation Incubator' at Kathmandu University School of Management (Kusom) in Lalitpur. The best ideas for social change nurtured at the incubator will be showcased through national competition on Innovative Solution where business leaders interested in the ideas partner with innovators to put sustainable solutions in place.
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