November 14: King’s College in collaboration with Lufthansa Airlines of Germany kick started the Impact Week in Kathmandu on Monday.
The entrepreneurship and innovation-focused program is being held in two phases, according to the organizers.
King’s College said in a statement that seven European experts will coach 18 Nepalese academic professionals and 18 international professionals about the “design thinking” methodology in the first phase.
In the second phase, trained junior coaches guide about 120 students and young professionals from diverse colleges and field of studies through a design thinking process to solve pressing local and national level challenges.
At the end of the Impact Week, all 18 teams will pitch their final solutions and compete for three awards in the form of financial aid directed specifically meant to support the teams to implement their solutions.
Alongside the support from Lufthansa’s social arm - Help Alliance - and the Embassy of Germany in Kathmandu, representatives from various European multinational companies have come together to bring this global event to Nepal.
The challenges addressed during the Impact Week will focus on six areas including, Agriculture, Tourism, Mobility, Arts and Culture, Health and Education.
The German Ambassador to Nepal, Roland Schäfer expressed his admiration for the changing outlook of Nepal in the global scenario, from a country known for its beautiful mountain-ranges to becoming a country working on finding innovative solutions to its problems, which encourages development based on ideation and technological advancements, the statement added.
Overall, the program facilitates participants to connect with like-minded people from Kathmandu valley and around the world, to learn from both the experts and each other, and to create a real impact for their community and country.
According to the organizers, it contributes towards promoting innovation and entrepreneurship in emerging economies as the basis for sustainable growth.
The statement further said that the local students and young professionals are empowered to develop business ideas of their own and solutions to solve problems in their community.
This German award-winning program was established in 2015 in Kenya and has been successfully held in various emerging economies across the world. This year’s locations include India, Jordan, Ghana and Nepal.