infoDev, a team within FPD, is committed to supporting promising entrepreneurs.
At infoDev, we’re fortunate to work with exciting technology startups in emerging and frontier markets every day. One of the questions we ask ourselves frequently is whether a startup team could achieve high-growth if it weren’t for the barriers they face that are specific to their local environments. These could include anything from a lack of experienced role-models and mentors, to inadequate early-stage financing, to challenging regulatory environments and the lack of an interconnected innovation ecosystem.
Agribusiness can help Nepal's products claim a larger share of the global market (Credit: World Bank)
Take a moment and think about where you would go for the best tea, coffee or dumplings. Would a country like Nepal rank high on your list, or for that matter even be on your go-to list? For a majority of people, maybe not immediately. Yet I would argue that the country should actually rank very high on your list (in full disclosure, this post and report are about agro-processing in Nepal).
On the flip side, the question for the Nepalese and interested agro-processors comes back to, well how do we make it rank at the top of anyone’s list? The food is already above standards and extremely palatable, thus it wouldn’t be very difficult to market. And imagine the type of marketing and branding that could be used; Himalayan grown, grown in the cool climates of the Tibetan mountains, and so on.