The aim of the proposed planning project is to prepare business plan for the establishment and operation of Business Incubator Initiative in Nepal. The objective of the initiative is to 'convert Job-Seekers into Job-Creators' in the country. The incubation initiative is initially focused on:

• Encouraging young graduates with idea, information and innovation (3i) and to enable them to convert it to successful product & services by using technology.
• Fostering Micro Enterprises (MEs) and Small and Medium Enterprises (SMEs) to enhance their efficiency, productivity and market reach through the education of information & communication technology.
• Enhancing the capabilities of enterprises that are under 'growth trap' to reach new markets with improved process and information & communication technology.
• Facilitating entrepreneurs in rural sector and Enhancing efficiency, productivity and market reach of SMEs & MEs

The Project activities are aimed at planning for the provision of business incubation services to promote business innovation and private sector development. Such business incubation services should be planned through the integration and more effective use of information and communication technologies (ICT) into the business and small enterprise development process.

The ultimate goal is to build local capacity in the target business communities, raise awareness and promote the appropriation and utilization of ICT by local entrepreneurs and small businesses as tools to address their short- and long-term development goals, and facilitating the creation of a global incubator network for exchanging ideas and formulating best practices and lessons learned for designing and implementing business incubators in developing countries. The aim is to mobilize resources and build capacity within organizations in developing countries based on the available experience and best practices from across the world, catalyzing further investment and support from domestic and international organizations, and to document experiences in utilizing ICT to help infoDev and the recipient better understand the impact of ICT on establishing business incubators in developing countries.