In order to start an edupreneurial venture in Nepal, consider these new business ideas that are trending in Nepal’s education sector. Read on...
Before 1950s, education in Nepal was like an exclusive privilege for the elites of the country. It’s after Nepal’s transition from an absolute monarchy to a representative political system that the country’s education system witnessed a gradual upliftment.
Since then, a lot of things have changed in Nepal’s education system, and that the county is expanded greatly in terms of education related business ventures. Today’s young generation have much better educational opportunities, thanks to the technological improvement happening every now and then.
In order to start an edupreneurial venture in Nepal, consider these new business ideas that are trending in Nepal’s education sector.
Mobile Learning (M-learning)
Mobile learning refers to learning across multiple contexts through social and content interactions, using personal electronic devices. An m-learning has great scope in the country as Nepal has better infrastructure for mobile communication technology than other forms of Information Communication Technology (ICT). According to recent reports, the mobile penetration rate in Nepal is about 86%. Therefore, an m-learning based platform could be a lucrative business option in Nepal.
Technical and Vocational Education and Training
In the past few years, various cities of Nepal had witnessed some of the most terrible natural disasters. After these disasters happened, youth unemployment rose quickly in the whole country. In such scenario, there was an emergent need for various skills in the youth. Technical and Vocational Education and Training (TVET) became critical in such situation. And now it has flourished in the country quite well. Opening a TVET centre in Nepal is a profitable business opportunity.
Internships/Job fair Organization
To cater to the students who wish to pursue their careers in the middle of their graduation or just after graduation, internship/job fairs could be organized. In the internship/job fairs, students could meet the employers directly and could grab various job opportunities in their field. If you have strong connections with different companies and could make them all available for students under one roof, then this could be a lucrative business opportunity. You could also organize internships drives in collaboration with colleges/universities.
Open and Distance Learning Institutes
Open learning is quite beneficial for those people who aspire to educate themselves even after pursuing a job. In Nepal, there are many students who have to pursue jobs from a young age. Therefore, open and distance learning institutes have a high demand in the country. A government authorized distance learning institute could be opened with certain efforts but could be quite a lucrative opportunity for edupreneurs.
Almost 17% of the Nepal’s total budget is invested in the educational sector and more than 85% of that budget goes in community schools. Community school refers to both a place and a set of partnerships between the school and other community resources with an integrated focus on academics, health and social services, leadership, and community engagement. Nepal is a viable destination to start a community school.
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