Dolma Group collaborates with Glocal Teen Hero

Kathmandu, Nepal, 15. Glocal is pleased to announce apartnership with Dolma Groupfor the Glocal Teen Hero (GTH) 2020 Edition. GTH is an initiative of Glocal Pvt. Ltd, an enterprise in the education sector with a focus on entrepreneurship and skill-based training. The GTH initiative will empower and develop young people who reach beyond their studies to generate positive change in their societies. This fully-funded programme is exclusively for Nepalese teenagers (13-19 years of age), which empowers them to share their own initiatives, creativity, and enthusiasm for social change. By engaging with and motivating these teenagers, GTH aims to inspire a wider group of young people in Nepal to develop socially-positive entrepreneurial thinking and create a ripple effect that has an impact throughout society.

 Applications are now open for the WaiWai Glocal Teen Hero Nepal, 2020 Edition. Applicants should be working to create positive impact in society, for example by driving social engagement on current issues. This is the sixth edition of GTH Nepal and the event will be delivered online in keeping with COVID-19 safety protocols.

As a part of the collaboration, aspiring teenagers will engage in a co-creation workshop which will expand their entrepreneurial skillset and enable them to access perspectives beyond what they see in their day-to-day lives. This will be a great opportunity for teenagers who have bright ideas and passion to bring about change, and the desire to lead this journey, but who may have limited experience and access to resources. Building this entrepreneurial mindset augurs well in developing the social and financial capital of Nepal.

Dolma Group is an established leader in bringing foreign investment to Nepal and building early-stage Nepali companies into leaders in their fields. In addition, Dolma Groupis the preferred consulting partner for multinationals seeking to develop a broad range of projects in Nepal, and for Nepali projects preparing to seek foreign investment. The partnership with Dolma Groupdelivers an incredibly exciting opportunity for the GTH award winners to receive mentorship, coaching and developmental support, and networking opportunities from the leading international private equity fund in Nepal.

Prof. Tim Gocher, Founder and CEO of Dolma Group– “Dolma Group is delighted to be a part of the Glocal Teen Hero platform, where we expect to play a major role in making the dreams and aspirations of the next generation of Nepali talent into reality. The world we live in is driven by and anchored in technology, and so the youth are no longer the entrepreneurs of ‘tomorrow’, they are the entrepreneurs of today. It is our great pleasure to help these passionate young people realise their ambitions”.

Joseph Silvanus, Managing Partner of Dolma Consulting– “We are thrilled to support the transformation of the mindset of the next generation, and in doing so, to help augment the social and financial capital of Nepal. When the winners of GTH 2020 are announced, we will work with them directly and, in partnership with GTH, we will produce the leaders who will build this country’s future”.

Dolma Impact Fundis the first, and largest, Private Equity impact fund dedicated to Nepal. Its investments generate sustainable private sector employment and stimulate further Foreign Direct Investment into Nepal. Dolma Impact Fund invests as a strategic partner, sharing risk with entrepreneurs and promotors. As an impact fund, Dolma Impact Fund builds positive social and environmental impact into the core of investee company strategies. It currently manages eight investments across healthcare, technology, and renewable energy, and has directly created over 4,000 jobs. Dolma Impact Fund is presently raising its second fund, having proved the investment case for Nepali businesses by delivering a successful and significant exit from its first portfolio.

Dolma Consultingis the advisory arm of Dolma Group. Its clients include banking and financial institutions, energy companies, development consultants and corporates seeking to prepare their institutions and projects for access to international capital.

Dolma Himalayan Energyis a renewable energy developer focused on building solar PV projects in Nepal and is part of the wider Dolma Group. Dolma Himalayan Energy is developing two solar PV sites each with a capacity of 150 MWp with an 80 MWh Battery Energy Storage System (BESS).