Building University Capacity to Support Business Incubation in Nepal (BUCSBIN)

Academic Disciplines Entrepreneurship education and innovation
Project Budget € 694 785 with MFA funding (total budget € 868 481)
Project Duration 3 years (2017-2020)
Coordinating Institution Oulu University of Applied Sciences
Contact Details Blair Stevenson, blair.stevenson@oamk.fi
Partner Institutions Kathmandu University, School of Management (KUSOM) and King's College, Nepal
Fact sheetBUCSBIN_fact sheet.pdf

Description of the Project

In response to the increasing involvement of universities in the applied activities of business incubation globally, the objective of this project is to increase university capacity in Nepal for developing entrepreneurship education and business incubation programming. The project will cover the EDUFI Priority Area of promoting employment, livelihoods and wellbeing in Nepal, which is a priority development country under the Finnish Ministry of Foreign Affairs. The overall goal of the cooperation is to share knowledge and experience gained through the success of the innovative and award-winning incubator programs – Oamk LABs – established in 2012 at the Oulu University of Applied Sciences (www.oamklabs.fi).

Through the creation of a strong collaboration with Nepali higher education institutions (HEIs), businesses and incubators, this project will support a long-term capacity development process at Nepali HEIs in partnership with businesses to support the growth and effectiveness of university activities in the area of entrepreneurship and business incubation.

Key Results to be Achieved:

1. Improved access to higher education and research information

2. Improved quality of higher education and research environment

3. New methods in use supporting quality of teaching and research

4. Strengthened role and relevance of HE in development of society