A rising star in South Asia's tech scene, Nepal ranks 5th in the region and 103rd globally according to Startup Blink. This growth is fueled by a perfect storm of factors: a surge in internet penetration, projected to reach 79% by 2025, a robust pool of over 50,000 annual IT graduates, and a government committed to fostering digital innovation. With more than 1,500 registered startups as of 2023, up from just 300 in 2015, the landscape is diverse and dynamic. To remain a step ahead of the competition in this market, one should consider participation in startup accelerator or incubator programs in Nepal. In this article, we have compiled a comprehensive list of all incubator and accelerator programs in Nepal that are accelerating startup growth in the country, along with a short overview to help you find a suitable program!
➡️ Download the full list of Startup Accelerators and Incubators Worldwide!
FULL LIST OF STARTUP INCUBATORS AND ACCELERATORS IN NEPAL
Stage: Ideation
Who is it for: Aspiring entrepreneurs with an idea and seeking cofounder
Need to have an idea: Yes
Focus: Sector Agnostic
Stage: Ideation
Who is it for: Aspiring entrepreneurs with an idea and seeking cofounder
Need to have an idea: Yes
Focus: Sector Agnostic
Stage: Ideation
Who is it for: Aspiring entrepreneurs with an idea and seeking cofounder
Need to have an idea: Yes
Focus: Sector Agnostic
Stage: Ideation
Who is it for: Aspiring entrepreneurs with an idea and seeking cofounder
Need to have an idea: Yes
Focus: Sector Agnostic
Stage: Ideation / Launch
Who is it for: Early startup with a team
Need to have an idea: Yes
Focus: Multiple Sectors
Stage: Ideation / Launch
Who is it for: Aspiring entrepreneurs with an idea and seeking cofounder / Early startup with a team
Need to have an idea: Yes
Focus: Sector Agnostic
Stage: Ideation / Launch
Who is it for: Aspiring entrepreneurs with an idea and seeking cofounder / Early startup with a team
Need to have an idea: Yes
Focus: Sector Agnostic
Stage: Ideation / Launch
Who is it for: Aspiring entrepreneurs with an idea and seeking cofounder / Early startup with a team
Need to have an idea: Yes
Focus: Sector Agnostic
Stage: Ideation / Launch
Who is it for: Aspiring entrepreneurs with an idea and seeking cofounder / Early startup with a team
Need to have an idea: Yes
Focus: Sector Agnostic
Stage: Ideation / Launch
Who is it for: Aspiring entrepreneurs with an idea and seeking cofounder / Early startup with a team
Need to have an idea: Yes
Focus: Sector Agnostic
Stage: Launch
Who is it for: Early startup with a team
Need to have an idea: Yes
Focus: Technology
Closing Thoughts on Startup Incubators and Accelerators in Nepal
With initiatives backed by both the private sector and government, aspiring entrepreneurs now have more opportunities than ever to turn their ideas into scalable businesses. These platforms are not just nurturing innovative ideas; they're catalyzing Nepal's digital transformation across various sectors, from fintech and e-commerce to edtech and sustainable technologies. For those looking to launch or scale a startup in Nepal, joining an incubator or accelerator can be just the stepping stone you need to massive success in Nepalese ecosystem.
Find Accelerators and Incubators in Asia:
Frequently Asked Questions on Startup Incubators and Accelerators in Nepal
Who can apply for incubator or accelerator programs in Nepal?
In Nepal, incubator and accelerator programs are typically open to young entrepreneurs and students, as well as startups in their earlier stage (typically ideation to launch). For instance, Incubate Nepal, a prominent program, accepts applicants who have finished Grade 11 or 12 and are not yet enrolled in university.
For early-stage startups, eligible applicants are usually those who have registered a new company, private firm, or partnership firm within the last 10 years.
Is there a fee to participate in startup incubator and accelerator programs in Nepal?
The cost of joining a startup incubator or accelerator in Nepal depends on the program. Many incubators, especially those supported by government agencies, NGOs, or development organizations, offer free mentorship and resources to selected startups. Others, particularly private accelerators, may charge a fee or take an equity stake in exchange for funding, networking opportunities, and business support. Some incubators also have co-working models where startups pay for office space and additional services. Before applying, it's always a good idea to check the specific terms and financial commitments required by each program.
Do startup incubator and accelerator programs in Nepal offer funding?
Yes, many startup incubators and accelerator programs in Nepal do offer funding, though the amount and structure vary. Some accelerators offer grants or equity-based investments, while others connect startups with investors. Funding amounts typically range from a few thousand to tens of thousands of dollars. However, not all incubators provide direct funding—some focus on training, resources, and investor matchmaking instead.
Are the startup incubator and accelerator programs in Nepal conducted virtually or in-person?
Startup incubator and accelerator programs in Nepal are adapting to modern needs, offering a mix of virtual and in-person experiences. While some programs maintain traditional in-person formats, others have embraced hybrid models to cater to a wider range of entrepreneurs.
Are there any notable startups that have come out of Nepalese accelerators?
Several notable startups have emerged from Nepalese accelerators, contributing significantly to the country's entrepreneurial landscape:
Khalti: A digital wallet service that has gained significant traction
Sastodeal: An e-commerce platform
Foodmandu: A successful food delivery startup
eSewa: One of the pioneers in digital payments in Nepal
Tootle: A ride-sharing app
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