The Idea Studio was officially inaugurated on 19th September, 2014 as the first-of-its kind business incubation centre at the Kathmandu University School of Management (KUSOM). The event saw a considerable number of people, including the participants of the Idea Studio, the valued guests, dignitaries from UNICEF Nepal and KUSOM, representatives from Meeting Point, Board of Trustees (Childreach Nepal) and staff members from Childreach Nepal.
Country Director of Childreach Nepal, Dr. Tshering Lama, PhD hosted the event, where Suman Shakya, Managing Director of Smart Paani; Ani Choing Drolma, Singer and Philanthropist; Dr. Ram Kantha Makaju, Vice Chancellor, Kathmandu University and Tomoo Hozumi, UNICEF representative to Nepal shared their thoughts about the innovative centre, along with words of encouragement and appreciation for the participants. Ani also blessed the event with her soul searching voice. Apart from these, the profiles of the participants and the promotional clip of the reality show based on Idea Studio were also shown at the event.
The business incubation centre provides a platform for innovators and experts from academia, the private, technical and development sectors, to work together to transform innovative ideas from Nepali citizens across the world into socially-conscious successful businesses.
Beginning August 2014, Idea Studio launched a competition which resulted in applications from more than 600 Nepali citizens worldwide with a range of ideas in the field of agriculture, education, information technology and tourism. A total of 35 of the most creative business ideas were selected for mentorship at the incubation centre.
Idea Studio is the joint initiative of UNICEF, Kathmandu University, Childreach Nepal and Meeting Point. It is an innovative concept in its own right which includes a competitive search for new ideas with the nurturing acumen of professional business experts.