January 11: KMC Innovation Center of Kathmandu Model College has signed a Memorandum of Understanding (MOU) with Idea Studio Nepal (ISN).
According to a press statement issued by the college, the MOU was signed amid a function held on the college premises on January 10. The agreement will remain in effect for three years, with a provision for further extension.
The concept of the MoU is to develop a spirit of cooperation and assistance to promote entrepreneurship among the students of KMC.
KMC Innovation Center is a lab-based research centre that promotes innovation, business incubation, student service and research.
Idea Studio Nepal enables potential entrepreneurs with innovative business ideas to address socio-economic environmental issues faced by local communities across the country.
KMC Innovation Center said it considers the MoU an opportunity to collaborate and grow mutually with ISN to provide better opportunities and to connect the dots towards innovation, entrepreneurship development and research.