A Memorandum of Understanding (MoU) was signed between the National Youth Council (NYC), Government of Nepal, Namobuddha Municipality, Idea Studio Nepal and Kathmandu University (KU), Dhulikhel on 23 February 2022 at the office of the Mayor of Namobuddha Municipality, Bhakundebesi, Kavre district.

The Vice-Chairman of the NYC, Mr. Surendra Basnet, Director of Research, Development and Innovation (RDI), KU, Prof. Dr. Deepak Prasad Subedi, Mayor of the Namobuddha Municipality, Mr. Tanka Prasad Sharma (Timilsina) and Board of Director of Idea Studio-Nepal, Mr. Suresh Simkhada signed the MoU. Mr. Rama Kanta Sharma, Dr. Rijan Bhakta Kayastha, Mr. Rajan Poudel and Ms. Alisha Singh from respective organizations were the witness of the signing ceremony.

The MoU envisages establishing a National Youth Innovation Center at the Namobuddha Municipality, Kavre and attracts individuals with innovative ideas for people’s easy daily life to national development and help them from their startups to the manufacturing stage.