For Nepali By Nepali - नेपाली को लागि नेपाली

NRN Collective Investment Meeting 2014

A.  Summary
A historical meeting held on 23 March 2014 to institutionalize collective investment via NRN both within and across Germany.

Key agenda: Introductory presentation, discussion on business opportunity and taskforce. In this meeting it was stressed by the attendees that collective investment programs should concentrate first on empowering NRNs living in Germany and then to Nepal. Most of the attendees  are interested  in  business  ventures in  Germany than in  Nepal  at  this point of time. The business ventures funded by collective investment shall be without exception profit in nature. Therefore, charity programs and investment programs are to be strictly separated. The business ventures shall be started small but sustainable. The key to success is strategic alliances and collaboration among the NRNs.

It  is  clearly  evident  that  there  is  no  lack  of  investors.  The  lacking  thing  is  a  concrete business opportunity and systematic institutionalized organizational structure within NRN i.e.  some  kind  of  task  force.  Therefore,  it  has  been  decided  that  a  task  force  shall  be created  (by  whom?  till  when?)  which  will  be  accountable  for  the  success  of  NRN Collective Investment Program. This taskforce shall identify all the business opportunity suitable  under  collective  investment  concept  based  on  diligent  business  analysis.  The result of this analysis should be presented in a bigger conference (to be organized). In this big conference (when & where?), the project to be invested in shall be validated and then &  there  25-40%  of  fund  collected  (from  NRNs).  Rest  of  the  fund  will  be  collected  by further  investors  (or  brought  from  Nepal).  This  task  force  should  make  assure  the investors that their investment is secure with us.

B.  Business Opportunities
Following are the list of opportunities identified unsorted according to priority:

1)  Education:

a) Language Empowerment:

An online interactive language course program was suggested from which all the interested people will be able to learn German and  vice  versa  all  the  Germans  willing  to  learn  Nepali  will  also  be  served. From this the second generation Nepalese kids will also be benefited. This idea has been identified as very fruitful by all the attendees.

b) Provide +12 courses in Nepal in such a way that students coming here will not have  to  do  Studienkolleg.  Include  German  language  (affiliated  by  Goethe). This way the students can directly come after SLC and study in this course and directly thereafter join Bachelor degree programs.  Or

c) Provide  studies college run by NRN to Nepali students  in  Germany  (also provide  food  to  them  (Bhat  &  Dal)).  Take  the  fees  of  the  whole  year beforehand.

d) Open University in Nepal.

e) Implement  foreign  language  courses  already  in  Nepal  (for  e.g.  German)  at school level, for this it has to be consulted with Nepal Government.

The Education sector as collective investment has not been identified as very profitable. There has been division in consensus if this business is risky or not. However, the point a (online based language empowerment) has been identified as is low risky and fruitful.

2)  Pension Home

a) Pension home in Nepal which is of international standard for foreigners (also for Nepalese). This idea was also identified as a good idea.

3)  Nursing Staff (Pflegekraft):

Vocational training in Nepal before coming to Germany. Also provide them language courses beforehand.

4)  Tourism:

a) Resort: Sleeping bag resorts where there are no competitors yet (in Nepal).

b) Travel Agent (Reisebüro): Be able to send tourists to Nepal. This can be online based (in Germany). This has been identified as low investment.

5)  Hotel

a) Chain of hotels

6)  Gastronomy

a) Gastronomy has not been identified as adequate opportunity under the concept of collective investment.

C.  Task-force

o Task force members shall include investment specialists, who have networking skills, and/or business experience and/or respective educational background.
o  Propose organizational & reporting structure, operational mechanism of task force within NRN
o  Identify Skills and knowledge we have in Germany
o  Launch workshops and discussion to identify opportunities
o  Identification and analysis of the opportunities, and propose the business opportunity which will create the most value to the investors.
o  Identify investment opportunities in Germany, the projects and the necessary
o  Assure the investors that their investment is secure with us
o Organize a big conference where the projects shall be decided with consensus and from where 25-40 % of capital will be collected (from NRN). For rest, further investors will be sought.

D.  List of attendees

NRN Global: Ram Pratap Thapa

NRN Advisory: Dil Bahadur Gurung

NRN Global General Secretery: Kumar Pant

NRN Germany: Global Members: Dawa Sherpa

Santosh Bhattarai: Global Member

Bremen University: Dr.  Suman Pokhrel

Kaiserlauten University: Dr. Sudarshan Tiwari

Kaiserlauten University: Samir Shrestha (Ph.D Student)

Overshares Nepali Forum: Chandra Kanta Acharya

IAF: Chandra Kumar Shrestha, Nab Raj Roshyara (Senior Vice President Germany NRN)

Mainz University: Dr. Ashish Karmacharya

Business Analyst & MBA Student: Subodh Raj Maskey

Rapporteur: Subodh Raj Maskey (with assistance from Ashish Karmacharya)