A Memorandum of Understanding (MoU) was signed between Kathmandu University and Ncell Private Limited on 14th June 2018 for the purpose of collaboration with US Boston based Massachusetts Institute of Technology, MIT Global Startup Labs to foster technology entrepreneurship for University students and young professionals of Nepal.

The MoU was signed by Dr. Dambar Bhadur Nepali, Dean of School of Engineering KU, and Mr Suren Jeevaka Amaraekera, MD, NCell. The program was also attended by Prof. Dr. Bhola Thapa, Registrar, Prof. Dr. Bijaya KC, Dean of KUSOM, Mr. Rupesh Krishna Shrestha, faculty at KUSOM. The event was coordinated by Prof. Dr. Bim Prasad Shrestha and Ms. Marina KC at Global Engagement Office of Kathmandu University central campus and Mr. Irwin M. Eusoff and Ms. Sanju Koirala from NCell Pvt Ltd.

This program will provide exposure to KU students on “technopreneurship/business startup” by partnering with Massachusetts Institute of Technology (MIT), USA. The objective and goals of the MoU is to support skilled human resource development by assisting advanced technical education, global exposure and training for 35 KU students  from Management, Engineering, Science and Arts background for a period of 7 (seven) weeks on “technoentrepreneurship” / business start-up by MIT-Global Startup Lab instructors, access to qualified, experienced MIT student instructors in technical and entrepreneurship field - key leanings on techno-preneurship and agile product development during the 7 weeks program.