Wednesday, January 10, 2007

A joint venture setup to contribute to the development of ICT of Nepal

The headline "IT entrepreneurs launch Fortune Cookie Ventures" in the nepalnews.com caught my eye. It was promoted by ICT entrepreneurs of Nepal.



[...]"The goal of Fortune Cookie is to provide incubation and venture capital to deserving innovators with promising ideas in the ICT sector, and thus contribute to the overall development of ICT in Nepal."



Fortune Cookie intends to invest up to Rs. 100 million in Nepal's ICT sector over the next 2 years through its activities. “By creating successful ventures, Fortune Cookie would attract much needed foreign investment into the ICT sector,” the statement added.[...]



Investing Rs. 100 million in next 2 years. It does sound promising and appealing. They must have some plans to move ahead. Nepal certainly needs more and more such kind of ventures from other business people. People stop investing in physical assets!! See if you can help other people and the country, along with yourself. I know helping others rarely comes without including oneself.

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